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The above payments are for illustration purposes only. You need to consider any insurance payments that also need to be made. Please note that any changes to your mortgage, for example, as a result of changes to the Bank of England base rate (variable rates only) or any overpayments you make, may affect your monthly payments. * For interest only mortgages you need to add on the cost of repaying the capital with a repayment vehicle such as an ISA or endowment policy. Loan to value (LTV) restrictions apply.
More stories on Pensions
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Baby gap cuts £70,000 off pension
May 22, 2013
A woman could wipe as much as £70,000 off her pension pot by taking a career break to have a baby, research has found
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Many retiring 'below poverty line'
May 22, 2013
One in seven people planning to retire this year has no private pension to fall back on and many will be forced to get by in poverty
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Will you retire on a seventh of minimum wage?
May 20, 2013
Researchers discover that the average pensioner will get an income that's just a seventh of the minimum wage.
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Why 'lifestyling' could destroy your pension pot
May 15, 2013
Lifestyling is supposed to mean that your pension pot becomes more secure the nearer you get to retirement. Yet your pension provider might be switching you to overpriced, and therefore riskier, investments.
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Divorcee to keep £100k overpayment
May 15, 2013
A divorced mother who was given almost £100,000 too much by a pensions company has been told by the Pensions Ombudsman that she should be keep the money
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The kids are alright when it comes to money management
May 14, 2013
Children are already thinking about pensions and putting money way for the future; us adults could probably learn a lot from them.
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Protection for auto pension savings
May 10, 2013
Workers automatically enrolled into pension schemes will not see their savings raided to cover advice received by employers under a Government crackdown on rip-off charges. Pensions minister Steve...
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Flat rate pension at heart of Bill
May 08, 2013
A new flat rate pension designed to encourage saving and make the system fairer is at the heart of sweeping Government reforms of state retirement funds unveiled in the Queen's Speech.
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'Error' raised pension liabilities
May 07, 2013
An accounting error meant teacher pension liabilities were overstated by £1.8 billion, the Finance Secretary has said. The "significant factual error" appeared in Scottish Government accounts...
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Minister defends curb on pensions
May 07, 2013
It is not fair to taxpayers that a growing number of people overseas can claim UK pensions even though they have "never put a penny" into the system
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Labour to review pensioner benefits
May 01, 2013
Labour will "review" universal pensioner benefits in the lead-up to the next election, deputy leader Harriet Harman said.
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Deal boosts Kodak pension hopes
Apr 30, 2013
Thousands of members of Kodak's UK pension fund could be spared the collapse of the debt-laden scheme after it struck a deal with the US firm. The arrangement should settle a 2.8 billion US...
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Pensioners 'paying back benefits'
Apr 30, 2013
Pensioners are already paying back benefits they do not need, Iain Duncan Smith has claimed.
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Ban sought over pension charges
Apr 25, 2013
"Damaging" pension charges which can wipe huge chunks off people's retirement pots and risk undermining confidence in saving must be banned
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Tesco to offer pension comparison site
Apr 23, 2013
Tesco has applied for the right to run an annuity comparison website. What does it mean?
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