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Helping Parents to take control of their finances

FREE independent finance expertise for your family and for millions of parents all over the UK by the MPO Money Mum & Dad

Compare Reviews and News for the UK's Top Finance Brands

Get expert help and advice from the MPO Money Mum & Dad to Protect your Family and Save you Money

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Helping families to save money and protect themselves

Life Insurance

Life Insurance

Everything you need to know about Life Insurance from our latest News, Guides and Provider Reviews to help you to get the best cover to protect your family and your home.

Mortgages

Mortgages

Our team of mortgage and finance experts explain everything that you need to know about mortgages to help you to save money and what to do to get the right mortgage deals.

Health Insurance

Health Insurance

More and more people in the UK are considering health insurance, so our experts explain how these products work plus reviews of all the top health insurance companies

Income Protection Insurance

Income Protection Insurance

Getting cover to protect your income can prevent any major financial problems if you can't work due to an accident, sickness or other health problems, so our experts explain how to protect your income.

Life Insurance provider reviews

Top Life Insurance articles

Health Insurance provider reviews

Top Health Insurance articles

Critical Illness Cover provider reviews

Top Critical Illness Cover articles

Mortgage Lender reviews

Top Mortgage articles

Is a fixed rate mortgage a good idea now?

High mortgage interest rates have caused stress and concern for families across the UK over the last few years, and switching to a fixed rate mortgage can help in some situations.

A fixed rate mortgage offers more financial security compared to a variable rate, as your mortgage payments won't change during your 'fixed term'. You can choose for your mortgage rate to be fixed for either 2, 3, 5, or 10 years, depending on your lender and which option feels right for you.

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Everything you need to know about fixed rate mortgages - MPO

Will mortgage rates go down in 2024 UK?

Our MPO Money Mum & Dad are constantly checking the market to see what is happening with UK mortgage rates. Many economic experts now believe that the Bank of England base rate will go down by 0.25% in the Summer of 2024, with rates potentially settling at around 3.5% next year.

Banks will generally use the BoE base rate to decide which mortgage rates to offer, and certain types of mortgage (tracker rate mortgages) will be directly affected by any BoE rate changes.

What is the current mortgage rate UK?

UK mortgage rates will change over time, and currently the Bank of England (BoE) base rate is 5.25%. The BoE interest rate directly affects how much people on tracker rate mortgages will pay, and can also cause lenders to adjust their Standard Variable Rates.

Our MPO mortgage experts are constantly checking the rates on offer from each mortgage lender, to keep UK consumers up to date with the latest changes.

How much do you need for a mortgage in UK?

It can be hard to figure out how much money you need to earn to get certain types of mortgage -especially if you are a first time buyer or it's been years since you applied for one.

A lot of UK lenders will want you to earn at least £20,000 per year to qualify for a mortgage, but this isn't a general rule. People with lower incomes may still be able to get a mortgage based on:

  • Your credit score/credit history
  • The mortgage lender that you apply to
  • The type of mortgage that you need
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moneypeopleonline.co.uk

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How much do I need to earn to get a mortgage? - MPO

Martin Lewis Mortgage Advice

Martin Lewis Mortgage Advice

Martin Lewis has helped thousands of consumers across the country by providing easy to understand explanations about mortgages and how they work...

Top 5 Reasons to Remortgage

Top 5 Reasons to Remortgage

Remortgaging can be useful in several different situations. You can release equity, consolidate debts, or save money by switching to a better rate...

How Much Can I Borrow For a Mortgage?

How Much Can I Borrow For a Mortgage?

There are many reasons why you might need to know how much you can borrow on your mortgage, such as buying a property, debt consolidation, purchasing an...

Does Being In Your Overdraft Affect a Mortgage?

Does Being In Your Overdraft Affect a Mortgage?

A common question that we hear from our users is does being in your overdraft affect a mortgage application? Most banks offer an overdraft...

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Our Mission

MoneyPeopleOnline and the Money Mum & Dad mission is to simplify the confusing personal finance problems we face daily. Our family lives are busy and we need to get the most out of our money without sacrificing quality... we're here to help!

On our website, we provide free and impartial advice on all of the everyday finance topics that many UK consumers need some help with including:

  • Life Insurance
  • Income Protection Insurance
  • Critical Illness Insurance
  • Health Insurance
  • Travel Insurance
  • Mortgages
  • Tax and Finance

MoneyPeopleOnline is the official home of the Money Mum & Dad Podcast, where our Money Dad Dan and Money Mum Caz discuss the UK's biggest finance and insurance questions.