What does it cost to move?
Moving can be an exciting but expensive time. Drawing up a budget will help you work out how much cash you will need for the fees you can expect to pay. The exact figure will depend on which rung of the housing ladder you’re on, whether you’re buying and selling, and which part of the […]
Long or short-term income protection – which is right for you?
Experts have long expressed their concerns for those who don’t have protection policies, fearing that millions of households could face real financial hardship if the main breadwinner was unable to work due to a serious illness, accident or unemployment. For those new to insurance, short-term policies can be a cost-effective way to get some cover […]
Mortgages – bank of england tightens the rules
In a move that demonstrates the Bank of England’s determination to prevent lenders getting too complacent about current low interest rates, strict new rules on mortgage affordability have been announced. New tests to be applied The rules, often referred to as “stress tests”, were set out in the Bank’s Financial Stability Report. Lenders will be […]
Setting up companies leaves landlords out of pocket
In 2015, then Chancellor George Osborne announced measures that he hoped would ‘level the playing field’ for first-time buyers by reducing the many tax concessions available to buy-to-let landlords, deterring more from entering that market and encouraging some to sell their rental properties. Landlords accustomed to claiming relief worth 40% or 45% will find their […]