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Mortgages have a habit of becoming part of the furniture. You arrange the deal, the monthly payment leaves your bank account and, for the next few years, it can be tempting to forget all about it. But that could be a mistake.
When your mortgage deal comes to an end, it is natural to focus on one question: what will my new monthly payment be? But there is another important question worth asking at exactly the same time. If something happened to you or your income, would your mortgage and household finances still be protected?
The laptop is packed. The phone is permanently in their hand. But are their belongings actually insured? With A-level results now out and university move-in dates approaching, thousands of families are preparing for one of the biggest changes in their children's lives.
Summer can be a difficult time to read the property market. Families go away, house hunting competes with holidays and good weather, and some of the most reliable housing statistics arrive several weeks after the activity they measure. But as September approaches, we now have enough evidence to get a clearer picture of what has been happening. And for anyone thinking about buying or selling a home this autumn, there are some important lessons.
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