In recent years, rising house prices and the need to find a substantial deposit have left many younger people struggling to get onto the property ladder. So, it’s no surprise that schemes such as ‘shared ownership’ have become more popular.… Read the rest
How much should I pay into a pension?
If you’re thinking about your retirement, that will be one of the first questions you will ask. Whether your retirement is approaching, or is decades away, ensuring you make sufficient pension contributions … Read the rest
Your property is likely to be the biggest investment that you make. So, it’s only natural that you would want to add value to your home.
While many improvements appear expensive or disruptive, there are several improvements that you can … Read the rest
The housing market has enjoyed a buoyant start to 2020, thanks to the so-called post-election ‘Boris bounce’ and continued low interest rates.
Recent figures from UK Finance showed that UK banks approved the highest number of mortgages for a decade … Read the rest
Back in April 2017, the government launched a new type of tax-efficient Individual Savings Account (ISA). While the Lifetime ISA may have been slow to take off, there are some excellent benefits if you’re looking to save up the deposit … Read the rest
In the run-up to the financial crisis in 2008, millions of borrowers took out interest-only mortgages. Under this arrangement, borrowers paid an interest payment to their lender, but the balance of the mortgage never reduced. Instead, the mortgage was arranged … Read the rest
It would be fair to say that last month’s General Election result came as a surprise to many, with Boris Johnson’s Conservative party winning a landslide majority of 80 seats. It’s the largest Conservative majority since 1987 with the party … Read the rest
In recent years, there has been a huge surge in demand for ethical investments. Recent data from Morningstar revealed that £124m a week has been invested into UK funds this year as the popularity of sustainable and ethical investing continues … Read the rest
Over the last few years, landlords have been hit with a series of tax and regulatory changes. An additional 3% Stamp Duty surcharge and the abolition of mortgage tax relief have made Buy to Let more expensive, while more stringent … Read the rest
In recent years, changes to the way that mortgages are underwritten has left thousands of borrowers trapped on a lender’s Standard Variable Rate (SVR) or other uncompetitive products.
These ‘mortgage prisoners’ have been forced to pay higher interest rates on … Read the rest
Your home may be repossessed if you do not keep up repayments on your mortgage
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