Eleos Life has launched an income protection policy covering redundancy alongside illness and injury as research shows almost half of homeowners mistakenly believe conventional income protection already covers job loss. The digital provider's new policy is aimed at homeowners in full-time employment and provides a...

Mortgage trade bodies have welcomed the government's proposed Your First Home scheme, while warning that its success will depend on affordability, lender participation and the availability of suitable new-build homes. The Association of Mortgage Intermediaries (AMI) and the Intermediary Mortgage Lenders Association (IMLA) both backed...