Financial news

• Should I install a burglar alarm system myself?

  19-10-2019 09:06
  I’ve seen wireless kits, but I’m not sure whether I should pay for a professional systemEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.One of our neighbours was burgled last week, so we’re keen to get an alarm. I’ve seen wireless alarm systems online that you can install yourself. Do they really work, or is it better to pay for a profe
  
  Read more

• Neil Woodford funds: when will investors get their money back?

  19-10-2019 09:05
  The star fund manager’s fall from grace could leave hundreds of thousands out of pocketNorthern Rock, Equitable Life, Icesave, New Star … and now Woodford Investment Management. Neil Woodford’s investment business is the latest on the list of companies that have either collapsed, nearly gone under or been shut down.Woodford announced on Tuesday that he was closing his business after being fired from his flagship fund, Woodford Equity Income, which will now be wound up. Investo
  
  Read more

• Mortgages: 40-year terms are becoming the norm – but watch out

  19-10-2019 08:00
  First-time buyers could end up paying a lot more – and not be mortgage-free until their 70sMortgages with a maximum term of 40 years are now becoming the norm, according to new data this week. However, with the average age of a first-time buyer standing at 32, that raises the prospect of a generation of homeowners not achieving mortgage-free status until they are in their 70s.Latest research from the data experts at Moneyfacts.co.uk shows that 57% of the residential mortgage products curre
  
  Read more

• Mortgage prisoners: domestic abuse survivors on how they got trapped

  19-10-2019 08:00
  Homeowners fleeing toxic relationships can get stuck with large mortgages they can’t escapeFour years ago, without a word of warning, Wendy’s estranged husband stopped paying his share of the mortgage, leaving the mother of one to pay the full £1,100 a month.Despite this, Wendy*, 46, was still at the mercy of her abusive ex, who prevented the sale of the property and refused to sign the papers when she negotiated a new mortgage rate. Continue reading...
  
  Read more

• Advertisement

• Meet the Morrises: the UK retail billionaires who shun the limelight

  19-10-2019 08:00
  The down-to-earth family own Home Bargains, a debt-free chain of shops worth £3.6bnIt is one the biggest things to come out of Liverpool since the Beatles. The Home Bargains discount empire has turned its founders into multi-billionaires, but you would be hard-pressed to name them despite their family fortune being greater than those of Sir Philip Green and Mike Ashley added together.Both in their 60s, brothers Tom and Joe Morris are the cut-price high street kings with 500 shops and an em
  
  Read more

• ‘I’m a law student who works to help mental health charities’

  19-10-2019 08:00
  Lewis Baxter, 21, on how he makes ends meet with his student loan and part-time tutoring workName: Lewis Alexander Baxter
  Age: 21
  Income: £3,000 plus student loan of £4,500 a year
  Occupation: Full-time law student, part-time tutor and organisation founderI’ve just started my second year at Durham University, where I’m studying law. I’m not your typical student: I probably only go out once a week or, more accurately, once every two weeks. I’m not into mad night
  
  Read more

• Extinction Rebellion: what price could you pay for taking a stand?

  19-10-2019 08:00
  How being arrested on a climate or anti-Brexit protest could affect your job, mortgage or travelFor many people, this weekend could be their first experience of protest, whether on the anti-Brexit march on Saturday or as part of Extinction Rebellion’s rolling campaign. But what about those willing to go further and be arrested?Extinction Rebellion launched a wave of civil disobedience on 7 October to highlight the escalating climate emergency, and by yesterday, more than 1,700 people &ndas
  
  Read more

• City trader to self-employed chef - man reveals future plans after retiring from City job

  19-10-2019 05:01 via feedproxy.google.com
  CITY TRADER turned private chef Nigel Stewart started work in 1980, but six years ago, he decided to pursue his passion for cookery. From setting up his business to his plans for retirement, Nigel has shared his story during an exclusive interview with Express.co.uk.
  
  Read more

• Advertisement

Follow @financialnwsUK on Twitter!