Tax changes impacting Buy to Let landlords
The way landlords can claim tax relief on their mortgage finance costs has changed. Up until 5 April 2017, landlords could deduct mortgage interest from their rental income before calculating how much tax they should pay. Now, however, tax relief on Buy to Let mortgage interest will gradually be reduced. The restrictions will be phased […]
Teaching kids about money
As parents we teach our children a lot: to count, read, say please and thank you and, hopefully, be an example to others. Research shows that parents also pass on their approach to finances. So exactly how are we teaching our children to be financially astute from a young age? Pocket money Compared to some […]
Protection Through The Years
When it comes to protection insurance, we hold two firm beliefs: 1. it should form the foundation of your financial plan. 2. cover should be reviewed regularly to make sure it continues to meet your needs. The latter is particularly important when you are at a particular ‘life stage’. Whether that’s buying a house, getting […]
NIC U Turn
A week is a long time in politics. It was about the length of time it took Chancellor Philip Hammond (and/or his boss Prime Minister Theresa May) to decide that the proposed increase in National Insurance Contributions (NICs) for the self employed was best abandoned. Here is a quick guide to what happened and some […]
Changes To Interest Rates & Inflation
In principle, interest rates and inflation can be viewed as being the two opposite ends of a see-saw. If interest rates go up, the cost of finance rises and savers get more for their money. If people have less inclination to spend, then there is an incentive for sellers to lower prices and hence lower […]
Changes To Interest Rates & Inflation
In principle, interest rates and inflation can be viewed as being the two opposite ends of a see-saw. If interest rates go up, the cost of finance rises and savers get more for their money. If people have less inclination to spend, then there is an incentive for sellers to lower prices and hence lower […]
How Are You Saving?
Saving money probably ranks right up there with joining a gym in people’s lists of New Year’s Resolutions, hopefully though now we’re in February, that determination hasn’t faded. The good news is that there are lots of ways to go about saving money which are much less effort than sweating it out in a gym. […]
3 Debt Excuses Busted
Debt is sometimes a pretty-much unavoidable fact of life. It would be nice, for example, if we could all afford to buy houses out of cash savings, but for many people mortgages are the only feasible way of owning a home. While “good” debt may have a purpose, it can still be an advantage to […]
Resolutions To Avoid For Millennials
Everyone knows that New Year is a time for resolutions and hence it’s a time when the internet becomes filled with articles suggesting what resolutions you should make. In the spirit of being a little different, however, we thought we’d suggest a few resolutions to avoid – and why. Cut up the credit cards We’re […]
Help To Buy Changes
As the bells ring out the old year and ring in the new, they will also be ringing out the Help to Buy guarantee scheme and ringing in the Help to Buy ISA and Lifetime ISA. More accurately the Help to Buy scheme is due to come to a close at the end of this […]
