When You Need Financial Advice

Human beings, in general, are notoriously bad at calculating risk and weighing up reward, it’s almost hard wired into us. Our survival, millennia ago, was based around our inability to think too much about the future and focus on ‘eating today’. This, while useful hunting Mastodons, is less helpful when planning our financial futures and […]

Don’t Leave It Too Long To Get Life Insurance

Life insurance can make the difference between people being able to focus on dealing with grief and people being forced to confront harsh financial realities at a hugely painful time. While the statistical likelihood of dying goes up with age, death claims even young lives. What that means in practice is that life insurance could[…..]

Mortgages for Pensioners

The concept of making mortgage payments after retirement age may be a new reality for some people. When looking at this situation, be aware that you can always get advice from a professional financial adviser to help you find the solution that’s right for you. Citrus Mortgages experts advisors in Milton Keynes are ready to[…..]

Preparing for Your Children Leaving Home

The late 1980s TV series “Home to Roost” saw Henry Willows (John Thaw) have his life turned upside down after his 18-year-old son Matthew came to live with him. Today practical economics has made adult children living at home a reality in many families. The current generation of young adults face a number of challenges[…..]

Will We See The Return of Interest-Only Loans?

There are two basic parts to any loan.  One part is the sum borrowed, sometimes known as the capital.  The other part is the fee charged by the lender.  In terms of mortgages, this fee is usually charged in the form of interest.   At this time there are three basic types of mortgage available:[…..]

Entertain the kids this half term

Spring half term: Is it a time for all the family to come together, or a long, frequently wet week during which your kids demand to be entertained?  All too often it can feel like the latter, and while teachers take a well-earned break from the classroom, your role as a parent is to find fun[…..]

What First Time Buyers Need to Know

Buying your first home can be an experience you’ll never forget. While the actual process of house-buying only starts once you have found a property that you might wish to call home, planning ahead can give you a huge advantage when it comes to getting the home you really want. In particular it is hard[…..]

How to Repay Your Mortgage Early

Given that a mortgage is usually a long-term commitment, sometimes a significant one, paying it off can be a major financial (and personal) milestone. For some people it may even be worth considering taking steps to repay a mortgage early. The practicalities of overpaying a mortgage There are essentially two parts to a mortgage. The[…..]

Self Employed? You can still secure a self employed mortgage

According to the Office for National Statistics, the percentage of self-employed workers in the UK almost doubled between 1975 and 2014.  In 2014 15% of UK workers were classed as self-employed.  These workers all need somewhere to live and many of them will need a self employed mortgage.  The good news is that self-employed workers[…..]

Remortgaging Benefits and Pitfalls

According to a survey carried out by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that payments take up more than a third of their total household income.  Even if your mortgage payments are below this level, if they are a significant part of your budget then getting the[…..]