Bolstering Your Family’s Financial Well-Being
As the tax year draws to a close, it’s the perfect opportunity to bolster your family’s financial health and make the most of your allowances to maximise efficiency. Give Your Child a Financial Head Start The responsibility of saving for your child’s future is significant, yet it offers rewarding outcomes. Opening a child’s pension or […]
Tax Year-End Planning Guide
As the current tax year winds down, it’s crucial to leverage the tax reliefs and allowances available to you. To help you navigate this, we’ve compiled a checklist to ensure you fully utilise these benefits and avoid missing out. An ISA is a medium to long term investment, which aims to increase the value of […]
Navigating Mortgage Repayment Challenges: A Four-Step Guide
The current financial landscape, with the Bank of England (BoE) raising its base interest rate to 5.25% as of September 2023 – a peak not seen in 15 years – has left numerous homeowners grappling with their mortgage repayments. If you’re nearing the end of a fixed-rate deal, you might be transitioning from a comfortable […]
Spring Budget 2024
Today Chancellor Jeremy Hunt delivered the Spring Budget alongside a fiscal outlook from the Office for Budget Responsibility. The new legislative proposals represent a major shift for the UK economy, poised to touch the lives of all residents and workers across the nation. The Spring Budget focuses on fortifying the British economy and bolstering support for […]
The Bank of Family And Its Impact On The UK Housing Market
The bank of mum and dad has expanded to become the bank of family. Its expansion has enabled it to underwrite an even bigger percentage of the UK’s mortgages. This means it has developed even more influence on the UK’s property market. This influence is, however, somewhat controversial given that not everyone has access to […]
Steps you should take to protect your family if lose your income
Protecting your family from loss of income should be a priority at any time. It’s especially relevant now. Even single adults should take the prospect of income loss seriously. At this time of life, your expenses may be minimal. They can, however, still mount up quickly, especially if you’re burning through savings. With that in […]
Steps you should take to protect your family if lose your income
Protecting your family from loss of income should be a priority at any time. It’s especially relevant now. Even single adults should take the prospect of income loss seriously. At this time of life, your expenses may be minimal. They can, however, still mount up quickly, especially if you’re burning through savings. With that in […]
New Mortgage Charter
New Mortgage Charter encourages lenders to provide you with more support Banks and Building Societies have been encouraged by Chancellor Jeremy Hunt to offer more flexibility if you are finding it difficult to make mortgage payments. Mortgage lenders, the FCA, the Government as well as organisations such as UK Finance and the Building Societies Association […]
100% Mortgage Fears
The resurgence of 100% mortgages has raised concerns in the housing market. While they offer an opportunity for buyers with limited savings to enter the market, the return of these high loan-to-value mortgages has sparked worries about potential risks and their impact on housing market stability. The risks of high loan-to-value mortgages High loan-to-value mortgages, […]
Can your energy efficient home help save money on your mortgage?
Have you ever heard of a green mortgage? They’re steadily becoming a popular option for property owners, as many lenders are adding them to their portfolios. If you’re due to remortgage soon and you have an energy efficient home, it’s well worth considering them as a remortgage option. We explore what they are and how […]
