Peter Cain

read moreAt financialAdvice.co.uk our service is very simple. Send us a financial question along with a few contact details so we can get back to you with a response. You will receive your answer within 60 minutes* for free. Further financial support is also available should you require it and all information is discussed confidentially. Our aim is to help you, we know that asking a financial question can be difficult but we will support and guide you through your query, in language that is plain, clear and is easy to understand and follow.

read moreThis website is owned by the Shepherds Friendly Society Ltd, a mutual company, which has been in business since 1826. It is based in Cheadle, Greater Manchester and is authorised by the Financial Conduct Authority and regulated by the Prudential Regulation Authority. The company's FS register number is 109997. Advice given to you as a result of asking a question on this website is provided by Shepherds Mutual Solutions who are a team of authorised financial advisers. Their FS register authorisation number is 430769.

read moreCalculate your pension contributions based on your desired future pension situation with this calculator. 09/05/2016 Nationwide has announced that they will be increasing that age limit for paying off a mortgage to 85 years old, as of July. The changes will mean that somebody aged 65 years old could take out a 25-year mortgage, as long as they can demonstrate that they would be able to afford the repayments. The building society has said that these changes are being introduced as a response to growing demand for mortgages from older people, who have faced difficulties in getting onto the property ladder.

read moreOur aim is to get you out of debt, and we will provide you with all the help and advice you need to achieve this goal. We also have a range of useful guides to give you more information about debt, which you can find below. Debt is an amount owed to a person or organisation for money that they have lent. Debt can be represented by a loan, a mortgage or other form stating repayment terms and, if applicable, interest requirements. These different forms all imply intent to pay back an amount owed by a specific date, which is set forth in the repayment terms.

read moreInsurance is a product designed to protect you against financial loss in the event that something unexpected happens. It is common place for people to ensure items and belongings that are of a high value, either in terms of their financial or sentimental importance to a person. Unlike most other types of insurance, drivers in the UK are required by law to possess car insurance that covers them for the car they are driving. The Road Traffic Act 1988 says that you must have some kind of insurance or protection against liability to third parties in the event that personal injury is inflicted upon them, or that their property is damaged, as a result of your use of the road.

read moreThe decision to switch your mortgage provider to a different lender may seem like a good idea. Whether or not you are able to get a mortgage will be dependent on you current personal financial position, as well as your financial history. Keeping your roof over your head is probably your number one financial priority but sometimes keeping up with mortgage repayments is difficult. Maybe you have just finished. A mortgage is a simple concept, containing a few complexities designed to protect both the lender and the borrower in the arrangement.

read moreWhile we reported early in the week about the ongoing situation regarding Equitable Life and the compensation which many customers have been chasing from the government, there are grave doubts emerging about the proposed compensation package. More and more observers are suggesting the government will drag its heels as long as possible and try to eliminate more and more customers from the compensat. Grant Thornton, the official administrators of the Quinn Insurance empire, has today confirmed that while interest has been shown in the operations there have been no discussions with potential buyers of the business.

read moreLearning to save when you're young is a great habit to get into for later life. We live in a time where tuition fees for university, weddings, cars and house maintenance/repairs are becoming more and more of a financial burden, and having money saved up can really help to make affording these things realistic. To start up a business as a limited company, partnership or most other business structures you will need a business account. It's a good idea to teach children to save from a young age, so they'll be more likely to handle money wisely when they're older.