The COVID-19 pandemic has had a significant impact on the property market, but latest figures indicate there are positive signs of growth following the introduction of the Stamp Duty holiday. Property searches riseCoinciding with the Stamp Duty cut July was the busiest month so far this year for mortgage searches. The largest rise occurred in […]
Retirement and risk – striking a balance
The impact of COVID-19 caused extreme stock market volatility, with the average pension fund falling over 15% in Q1. While some of that value may have been regained over the last few months, pension savers remain understandably cautious. In the past, the level of risk to which pension funds were exposed would reduce on the […]
How has COVID-19 affected your retirement?
2.6% – the average pension fund is 2.6% lower than at the start of year 1.5 million people over the age of 50 are planning to delay their retirement 15% plan to delay retirement by an average of three years 26% say they plan on working indefinitely The coronavirus pandemic has not been kind to […]
Omnis Market Update
Last Week – Key Takeaways Brexit: Competition and fishing remain sticking points The pound strengthened against the US dollar amid optimism that the UK and the EU would agree a free trade deal before the Brexit transition period ends on 31st December; EU chief negotiator Michel Barnier claimed on Thursday that talks were in their ‘final […]
Home insurance – Buildings vs. contents cover
Your home is likely to be the most expensive purchase you’ll ever make so it’s important to insure it properly. Having the right type of cover in place means your property will be protected for a range of incidents, from burglary to a burst pipe. Buildings insurance explainedBuildings insurance covers the permanent fixtures and fittings […]