Most homeowners coming off their fixed rate mortgages will have to pay more on their mortgages this year and quite possibly next year as well. The Bank of England has hiked interest rates from close to zero percent in 2020 to 5.25 percent in 2023 (as on 28th November 2023).
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Income Protection in times of high inflation
October 2022
by Realm Protection
The Consumer Price Index (CPI) rose by 9.9% in the 12 months to August 2022 (source: Office for National Statistics ). Though the August inflation rate was slightly lower than the July inflation rate, it is one of the highest rates of inflation that the United Kingdom has...
Accident Sickness and Unemployment Insurance in COVID world
January 2022
by Realm Protection
The global Coronavirus pandemic has affected families and businesses with tragic consequences. When the world was hoping that the worst is behind us, a new variant of COVID-19, Omicron spread rapidly across the world. Omicron is a highly infectious virus strain affecting large...