More retirement interest only loans are available than ever but are retirees convinced?

RETIREMENT interest-only mortgages are a type of loan that were reclassified by the Financial Conduct Authority in 2018. The regulations for these loans were eased and they were officially classified as standard mortgages, resulting in a wider range of lenders having access to the market. Recent analysis shows that there has been a huge spike in the availability of these products but are they being embraced by retirees themselves?

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CADSCAN: Advanced manufacturer seeks to scale after diabetic foot care breakthrough

BRITISH 3D technology expert Cadscan, whose customised insoles help prevent diabetic foot ulcers, is seeking up to £1million of growth investment for a mass market roll-out of its foot-scanning process and products.

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Mortgage: Man uses Lifetime ISA interest and funds from hobbies to buy his first home

LIFETIME ISAs are savings accounts that allows individuals to put money aside as well as receive a tax free bonus from the government. The bonus is given for a home purchase and many will likely primarily use it for the house itself. However, one savvy savour highlights that it can cover other costs associated with a house purchase, including notoriously expensive solicitors.

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Pensions: Auto-Enrolment may lead to pensions being lost - this is what experts recommend

PENSIONS are collected over a lifetime and it is generally believed that modern workers are likely to have been in more jobs than previous generations. This could result in many people struggling to keep track of all their pots, especially when taking into account auto-enrolment rules. Recent analysis has been given to this modern issue and some are calling on the government to act.

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State Pension: WASPI urge state to find retirement age fix after life expectancy shock

STATE pension is generally affected by life expectancy. Traditionally, pensions were expected to comfortably provide for those retiring in their mid 50s to 60s. However, this has changed as people are generally living longer, resulting in pensions having to stretch much further in later years - but shock new data may switch this again.

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School discipline is one of our top priorities says GAVIN WILLIAMSON

Visit some of the country's best performing schools, and you'll notice that many of them have one thing in common: discipline. Across the UK, dedicated headteachers have been trying all sorts of common-sense solutions to curb unruly behaviour and low-level disruption in the classroom - with impressive results.

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We must never forget what Tom Watson did nor allow him in the Lords, says CAROLE MALONE

I met Tom Watson for the first time a few weeks ago. I was ready to dislike him intensely but in the flesh - much reduced of late - he came across as a decent bloke.

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Steven Seagal in hot water over cryptocurrency claims

ACTION movie legend Steven Seagal has been forced to hand over more than $300,000 in settlements over his involvement in a cryptocurrency investment. The Securities and Exchange Commission - the US version of the Financial Conduct Authority - says that the film star and musician failed to disclose he was being paid by a cryptocurrency firm to promote its tokens.

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FTSE 100 CRASH: £210bn wiped off shares in biggest drop since 2008

THE FTSE 100 has dropped by nearly 13 percent in the biggest collapse since the financial crisis in 2008.

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Martin Lewis reveals the best bank account switch rewards now - get £175 free cash

MARTIN LEWIS revealed the best bank accounts to get a generous switch reward now during an appearance on This Morning today. Banks across the UK high street often try to entice customers to switch to their accounts with the use of cash incentives - the money saving expert shared his top picks.

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State pension age is rising next week: Are you affected? This is what you need to know

STATE pension is received by everyone in the UK who hits certain eligibility requirements and has sufficient amounts of national insurance contributions. When a person can receive state pension and how much they'll get depends entirely on the person's individual qualifying state pension age. There will be a rise in this state pension age next week which will affect thousands.

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Council Tax: Bills are about to rise by nearly four percent - how much will this cost you?

COUNCIL tax is a fee that is paid over 10 or 12 months that funds local services. Council tax rates rates are different across the country, being split into bands based on specific locations. These rates will rise in April, with recent research showing that many councils will raise their bills by the maximum amount possible for the coming tax year.

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Pension: How is automatic enrolment affected if you work beyond retirement age?

STATE pension can be received by anyone who is of state pension age and has enough national insurance contributions. This is the case even if an individual decides to continue working beyond state pension age. However, once a person reaches this age it could affect payments into other private pensions.

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Mortgage UK: The simple method woman to buy her first home in her 20s

A WOMAN in her 20s has shared the simple method she used to help save to buy her first home - and it is one any Briton wanting to get a mortgage can try.

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Coronavirus threat must see us vigilant but also calm, says ROSS CLARK

I fear the dozen schools, from Middlesbrough to Southampton, reported to have closed as a result of coronavirus will be just the beginning. It will take only a few more cases to be confirmed in Britain and the country will come to resemble China.

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Minimum Wage 2020: Is the Minimum Wage going up this year?

THE NATIONAL Minimum Wage is set by the Government every year. But will it be going up this year?

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Pound us dollar exchange rate: GBP/USD dips as Downing Street threatens no deal Brexit

The pound US dollar exchange rate fell by -0.3 percent today, with the pairing currently trading around $1.286. Downing Street announced that it was prepared to walk away from a UK-EU trade deal in June if there was a lack of progress.

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Pound Euro exchange rate: GBP/EUR plummets as UK will not ‘trade away its sovereignty’

The pound plummeted against the euro by around -1.1 percent, as the UK threatened to walk away from UK-EU trade talks, leaving the pairing trading at around €1.172.

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Pound falls against euro and dollar after UK makes Brexit threat

THE pound fell on Thursday as British officials confirmed their hard-line stance on trade talks with the European Union and disappointment grew that Britain's new finance minister might not increase spending as much as expected.

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Universal Credit: You can earn and save this much before payments are reduced

UNIVERSAL Credit and other benefit payments can be affected by the amount of money the claimant has in savings. The Money Advice Service detail that ‘savings' can constitute such things as cash held in savings accounts or property which is not the main home.

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State pension: Ensure you're eligible with national insurance contributions - top up now

NATIONAL insurance contributions determine how much money a person will receive from their state pension when they retire. National Insurance is paid over a lifetime and a minimum amount of years will be needed to receive anything at all. Voluntary contributions can be done to top up any shortfalls but there will be costs for this.

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Let's not waste Javid's skills on backbenches - EXPRESS COMMENT

SAJID Javid yesterday reminded the country why he should be at the heart of government. The father-of-four's tenure as Chancellor came to a sudden end in Boris Johnson's post-election reshuffle. This son of a bus driver from Pakistan never even got to deliver a Budget.

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Martin Lewis: NS&I are cutting rates and this is what you should do about it

NS&I ARE primarily known for their premium bonds which offer a lucky few monthly prize draws paying out up to £1 million. On top of their premium bonds however they also offer a range of other products. These include savings accounts, income bonds and ISAs but, as Martin Lewis details, these products across the board are about to face a range of cuts.

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‘Roaring twenties’ City will flex muscles post-Brexit says IDS – ‘London’s bigger than EU’

THE City of London, and the UK's financial sector generally, will roar even louder now the shackles of the European Union have been cast off, former Tory leader Iain Duncan Smith has predicted.

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Mortgage UK: Man in his 20s reveals how he saved enough for his first mortgage

MORTGAGES and property ownership for many young people can seem like a pipe dream. House prices are hitting all time highs and getting enough money together for a deposit can seem unattainable. However, while it may be difficult it is not impossible and there are success stories out there.

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