30th April 2018

First time buyers use stamp duty savings to cut mortgage costs

Low mortgage rates, high levels of employment and government schemes, such as Help to Buy, are all helping first-time buyers enter the housing market. The recent abolition of Stamp Duty for a majority of first-time buyers looks set to provide additional help by reducing the upfront costs associated with making a first home purchase. STAMP […]

Five personal finance habits we should all adopt

While most of us think we’re pretty good with our money, we can all benefit from giving our finances a regular health check. If you’re looking to get to grips with your finances and develop better habits, then setting yourself some financial goals and drawing up a budget is a good way to get motivated. […]

5th April 2018

The hidden cost of retirement properties

In the glossy brochures often used to promote them, retirement complexes can look very attractive. With rising life expectancy meaning that many more of us are likely to live well into our 90s and beyond, they can be an appealing proposition, especially for those who don’t have immediate family to look after them. THE ADVANTAGES […]

19th March 2018

Borrowing age elevated by extra-long mortgages

The traditional 25-year mortgage may soon be a thing of the past as many firsttime buyers are choosing loan terms of 30, 35 or even 40 years. Data from estate agents Countrywide1, shows more than one third of mortgages taken out in 2017 are unlikely to be repaid until after the borrower has turned 65. […]

13th March 2018

A game of endurance as disposable incomes hit six year low

The average household in Britain is currently enduring the lengthiest dip in disposable income for six years. Cash-strapped consumers are struggling with the combination of lacklustre growth in their wages, which is providing modest support to disposable incomes, and inflation, which is taking its toll on the pound in their pocket as the cost of […]

7th March 2018

How to add value with a home renovation

The continuing rise in property prices has also fuelled a sharp increase in homeowners extending their properties with a view to adding value. In the year to June 2017, 197,000 people in England obtained planning permission to improve their homes, with a further 23,700 adding extensions under permitted development rights1. The figures suggest that, on […]

26th February 2018

Addressing your personal finance weak spots

No matter what age you are it’s likely you have a financial weak spot. In fact, it’s pretty much inevitable, no one’s financial armour is infallible. What steps can you take to shore up your defences? MONEY’S TOO TIGHT TO MENTION Younger people are often struggling to save, let alone contribute towards a pension, whilst […]

22nd February 2018

Protecting your family’s future

When making their Wills, many parents appoint relations and close friends who would act as the guardians of their children in the event of their deaths. Although anyone nominated to fulfil this important role would be gratified to be thought of as worthy of carrying it out, it’s important to remember that there could be […]

Do we need targets to help us save more for retirement

The Pensions and Lifetime Savings Association (PLSA) has come up with a suggestion to help people keep their pension plans on track. It has called for savings targets to be put in place to help individuals save enough for a good pension for their retirement years. According to their research1, 13 million people haven’t made […]

9th February 2018

Don’t leave your loved ones facing financial ruin

Many people take out a life policy, perhaps when they take out a mortgage, put it away in a drawer and don’t think any more about it. This can be a mistake, as the level of cover you took out a few years back may now not be enough to cover your current situation, and […]