Chartwell Wealth Management

Compass Resources

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Overpaying your mortgage — does it pay?

Overpaying your mortgage — even by a small amount — can make a significant difference over time. Because mortgage interest is usually calculated daily, reducing the balance early means you pay less interest overall. Most lenders allow up to 10% of the outstanding...

Using equity to fund home improvements

If your property has increased in value or you've paid down a good portion of your mortgage, you may be able to access additional borrowing — either through your existing lender or by remortgaging to a new one. People commonly raise funds for home improvements,...

Remortgaging: when and how to approach it

Most mortgage products run for a fixed period — typically 2, 3 or 5 years. As your product end date approaches, it's important to review your options. If you don't arrange a new deal in time, your lender will move you onto their Standard Variable Rate (SVR), which is...

Are today’s mid-lifers facing a retirement crisis?

New research reveals that five million mid-lifers, aged 40–54, face a difficult retirement. A generation born between the early 1970s and late 1980s were too young to benefit from defined benefit pension schemes, but also too old to feel the full benefit of automatic...