Borrowing

  • What does the current political climate mean for your savings and investments?

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    Whilst the country takes in the latest developments in the ongoing saga that is contemporary British politics, one question that many will be looking for answers to, is how the result of the general election is likely to affect them financially. It’s inevitable that savings and shares will be impacted upon in some way by Theresa May’s failure to co...
  • P2P Lending online

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    Peer-to peer or P2P is the new kid on the block for most investors. Peer-to-peer lending websites are offering very attractive rates compared to banks & building societies. In these times of very low bank rates this can appear very tempting. However, these attractive returns come with risks. Peer-to-peer websites, which appeared in Britain abou...
  • CML urges restraint on Stamp Duty proposals

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    Responding to the HM Treasury consultation on the 3% surcharge on Stamp Duty Land Tax (SDLT) proposals for second properties, the Council of Mortgage Lenders (CML) urges reform of the implementation plans to mitigate potentially negative impacts on the housing market as a whole. The CML view is that even without the new surcharge, the forthcoming...
  • Money trumps health as top retirement concern

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    Concerns over money dominate the thinking of pre-retirees, according to new research from Retirement Advantage. Conducted by YouGov, the study finds almost half (49%) of over 50s are worried about not having enough money in retirement to do the things they want to do, compared to just over a third (37%) who are concerned about health problems. Fin...
  • The Chinese is Stock Market is Growing Up Painfully

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    When the physical growth slows and intellectual development reaches a peak, it can be a difficult time. As the father of a number of teenagers, I have found that the frequent, manageable toddler tantrums passed with relative ease. A few years pass, and then all of a sudden I am hit with a teenage tantrum, which can send shockwaves (particularly sin...
  • Interest rate warning from our in-house mortgage expert Mike Shakespeare

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    The possibility on an interest rate raise has been a hot topic this week with the vote by the Bank Of England Monetary Policy Committee being 8:1 for holding rates. This became greater news when it became apparent that another member has seriously considered voting for a rise. Clearly this is of little consequence if you are considering, or on a t...
  • The Summer Budget implications for ‘Buy-to-Let’ housing

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    A major shake-up of the buy-to-let housing market could be about to take place, after the Chancellor announced plans to change mortgage tax relief for landlords. In his Summer Budget speech, the chancellor said that the relief will be cut to 20%, from 40-45%, in an effort to “level the playing field” between buy-to-let landlords and ordinary house...
  • August Market Commentary

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    July was a dramatic month. Greece held a referendum and emphatically rejected the austerity package offered by its creditors. Motor-cycle riding Finance Minister Yanis Varoufakis resigned,  calling the creditors “terrorists”, and the new finance minister, Euclid Tsakalotos, was seen going into yet another final, final crisis meeting with his negoti...
  • Quick tips on financial planning for thirty-something professionals

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    After age 30 it is probable that financial planning will be upped one or two gears and become a far more intense matter. It is worth reflecting how things have changed over the past few generations; more and more people are going to universities, families are having children later, are buying property (and by definition therefore taking on mortgage...
  • 2015 Budget Preview

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      It’s only two months ago – on December 3rd – that Chancellor of the Exchequer George Osborne delivered his Autumn Statement. But we’re now just a few weeks away from his last Budget before the General Election, which will be held on May 7th. When Osborne delivered his Autumn Statement he was relatively optimistic. Britain was recovering from...
  • Video: How to find the best mortgage for you

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    Settling on the perfect mortgage for you and your family can be a difficult task. How do you decide on which of the current offers will benefit you the most? If you go for the lowest interest rate, will you be hit by a raft of expensive fees? In this video we discuss how we help clients to find their perfect mortgage; from identifying the best deal...
  • House buyers count the cost of quick viewings

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    People looking to buy a house in a highly competitive market are spending less time on property viewings and potentially missing out on signs of maintenance issues that could cause them financial pain down the line, according to new research from Aviva. Home buyers in the past year spent on average just over half an hour in total looking round a pr...
  • Peer-to-peer Lending and Crowdfunding: nothing ventured, nothing gained… but how risky are they?

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    Peer-to-peer Lending and Crowdfunding are, respectively, the new high(er) interest investment return and start-up funding phenomena that have attracted sufficient interest from city watchdog, the Financial Conduct Authority, for them to become a regulated investment as of April 1st this year. How attractive an investment are they though – and just...