View more on these topics

IFA Promotion releases homeowner guide

IFA Promotion has produced a free guide offering homeowners advice on how best to protect their investment from potential changes in the housing market.

House prices have risen around 85% over the last five years, with the average UK house now costing over £110,000. While those who bought early will have seen a sound return on their investment, for many others guarding against market uncertainty is key.

The guide covers how to manage mortgage payments should interest rates rise, remortgaging, renting a room, cutting costs, downsizing, negative equity and, most importantly, where to get expert and impartial advice.

David Elms, chief executive of IFA Promotion, says: “Consumer confidence is central to the continuing strength of the property market. Some recent buyers may have stretched themselves considerably to get onto the property ladder, leaving themselves vulnerable to changes in the market. Other homeowners could be looking to cut costs but are unsure of where to start.”

“Being prepared for potential changes in the housing market is vital. An independent financial adviser can help you take stock of your financial situation and talk through the many options open to you.”

For a free copy of the guide call the IFA Promotion consumer hotline on 0800 085 3250 or visit www.unbiased.co.uk

Recommended

FSA goes ahead with abolition of polarisation

The Financial Services Authority last week confirmed its decision to proceed with the abolition of the polarisation regime.In future, firms advising on packaged product business will be able to offer their customers a greater choice of product – and from as many providers as they wish.Announcing the decision at the annual dinner of the Association […]

Hometrack reports house prices unchanged during November

The latest Hometrack survey of the national housing market shows average house prices unchanged over the month. This is the first time in 16 months that the survey of 7,500 agents across over 2,200 postcode districts has recorded anything other than a fall in average prices. The recent price falls have been seen in ever […]

Equity withdrawal impacts on mortgages

Consumer lending continued at a runaway pace last month with a record rise in mortgage lending. Net mortgage lending increased £5.6bn to £420.9bn in October, with a revised net increase of £0.9bn in other consumer lending to £88.3bn. October&#39s gross mortgage lending totalled £14.6bn, reflecting around 70% of new lending by all lenders. October&#39s total […]

Buy-to-let landlords to see rise in value of investments

Landlords expect to see their investments&#39 material value increase by almost 7% over the next 12 months, with most expecting to expand their own rental portfolios. Research into buy-to-let trends conducted by Paragon Mortgages suggests landlords are factoring in a 6.9% increase in house prices to their new investment decisions over the next 12 months. […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]

Newsletter

News and expert analysis straight to your inbox

Sign up