Pension Times | Megan Murphy

Author

Megan Murphy

Megan joined AgeGroup in 2023, bringing considerable experience in writing about various financial topics for Fair Investment, including investing, general banking, savings and ISAs, pensions, insurance, mortgages, personal loans, and credit cards.

Latest articles

How can I check my National Insurance contributions?

If you’re approaching the current state pension age, you might be wondering how much income you can expect from your pension, or which type you qualify for. There are two main types of state pensions: basic and new pensions. Which of these you qualify for will depend on when you were born.

Megan Murphy - 4 min read

Will there be a house price crash?

Some experts have predicted that the UK housing market will experience a disastrous mortgage catastrophe that could cause a house price crash unlike anything we have ever seen. Lloyds claimed that prices could fall by as much as 35pc if it came to a worst-case scenario.

Megan Murphy - 9 min read

What is a lifetime mortgage?

Lifetime mortgages can be a great cash injection for your retirement, you get a tax-free lump sum or monthly instalments to use as you wish. Equity release has been steadily growing as a finance management tactic, and in 2022 over 200 homeowners per day chose to use equity release on their property.

Megan Murphy - 9 min read

How much stamp duty do I have to pay on a second home?

Buying a second home or another additional property means you must pay an extra 3% in stamp duty on top of the standard stamp duty rates. This only applies to properties purchased for £40,000 or more but does not apply to caravans, mobile homes, or houseboats.

Megan Murphy - 7 min read