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At Bloomfield Financial our primary aim is to help you make sense of your finances so that you can make the best deciscions possible both now and  in the future.

We have tried to put as much information on this webiste as possible to explain what we can do for you and what it costs as we believe strongly in being transparrent in all things.

If you can't find the information you are looking for then please don't hesitate to give us a call on 0191 406 6453 or drop an email to

John & Dee Bloomfield

Should I get a fixed rate mortgage while rates are low?

Rising Mortgage Rates ImageShould I fix my mortgage rate now while rates are low? It’s a question that I am asked at least a couple of times a week, and not always by clients, but simply by anyone who knows what I do for a living. People have been asking me this question for a few years now.

It is true that UK interest rates are at historic lows and have been at just 0.5% since 2009 which for most people means that mortgage rates are pretty cheap. And being so low it seems likely to most people that when the rates do start to move it will be up.

When I talk to be people about it I find they watch the news and listen to the radio hoping for a hint of when the rates are due to go up. The press speculates about comments made by Mark Carney (governor of the Bank of England) and the public watch for signs of change in the UK economy.

A life insurer who wants you to be healthy?

runnersonbeachIt seems kind of obvious doesn’t it that your life insurer has a vested interest in keeping you alive!

Relatively recently a life insurer has entered the market who are aiming themselves squarely at those who want to stay or get fit and healthy. Their offering makes them difficult to compare to other providers purely on the price it is a really interesting innovation.

So how does this insurer go about getting you more healthy, financial incentives that’s how?

What is a wealth platform?

What is a wealth platform

You have probably heard the term 'wealth platform' in recent times the term is often used interchangeably with other terms such as 'fund supermarket' and 'wrap' but rarely is an explanation given to the reader of what a 'wealth platform' actually is. Perhaps this is understandable as they are indeed a relatively modern invention and there are many variations on a theme only really made possible by the existence of the internet and electronic trading systems.

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