Stamp Duty relief not extended for buyers

Posted by siteadmin on Wednesday 13th of November 2024

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Stamp Duty relief not extended for buyers – what you need to know before rules change

In Labour’s first Budget since taking office, the Chancellor announced her plans to fix the so-called ‘black hole’ in the UK’s public finances and increase investment in public services, setting out £40 billion worth of tax rises.

While changes to stamp duty did form part of her plans, an extension or permanent change to stamp duty relief for movers and first-time buyers was sadly not included. So, what does this mean for those looking to move or buy?

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Autumn Budget 2024: Winners and Losers

Posted by siteadmin on Thursday 7th of November 2024

Chancellor of the Exchequer Rachel Reeves outlined the Government’s financial plans for the next five years. The measures, which will raise up to £40 billion for public finances, aim to “restore economic stability” and put “more pounds in people’s pockets”.

 

On 30 October 2024, Chancellor of the Exchequer Rachel Reeves announced the UK Government’s Autumn Budget alongside the Office of Budget Responsibility’s economic and fiscal forecast. The measures aim to raise more than £40 billion in taxes, plugging an alleged £22 billion black hole ...


Saving for university

Posted by siteadmin on Wednesday 25th of September 2024

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Saving for your child’s university education requires careful planning and budgeting. By starting early, considering investment opportunities, encouraging your child to save, looking for scholarships and bursaries, and planning, you can make saving for university a manageable goal and give your child the best possible start in life.

What is the cost of university?

It costs roughly £66,560 to go to university in the UK. This figure comes from tuition fees costing most students £9,250 a year. As most courses last around 3 years, this amoun...


Five essential tips to protect yourself from financial scams

Posted by siteadmin on Wednesday 11th of September 2024

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Cybercriminals use a wide range of tactics to con people out of their money. Stay one step ahead with these five crucial tips to avoid financial scams.

1. Stay informed

Knowing how to spot a financial scam is your first line of defence. Fraudsters are constantly changing their tactics so regularly educating yourself about common approaches like phishing, identity fraud and romance scams are crucial to staying one step ahead.

Action Fraud and other consumer protection organisations offer a wealth of valuable resources and updates on emer...


Investing for children

Posted by siteadmin on Wednesday 28th of August 2024

As a parent, you want to do everything you can to ensure that your children have a bright and secure future. One way to do this is by investing on their behalf. Not only can they start adulthood with some savings, but getting children involved early with saving also helps them learn important lessons about money.

The earlier you start investing, the better. Time is a powerful tool when it comes to investing, and the longer you have, the more time your money has to grow. Even if you can only contribute a small amount each month, starting ear...


The Value of Mortgage Advice

Posted by siteadmin on Wednesday 21st of August 2024

Harry and Sam have been staying with Harry’s dad in his two-bedroomed terrace for just over a year while they save up a deposit for their first house. The lack of space and privacy has proved challenging to say the least and would now like to start searching for their own house.

Despite having saved up a good deposit, friends have warned the couple they would have no chance of getting a mortgage due to their working situation. Sam is a self-employed, successful roofer, but has only been working for himself for two years. His friends have to...


Tips to finding your first home

Posted by siteadmin on Wednesday 7th of August 2024

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Searching for your first home can be an overwhelming experience, but when it’s the biggest purchase of your life, you need to ensure that it’s right for you. There are so many things to consider, so to help you with one of the biggest decisions in your life, we have drawn up some helpful tips and guidance when finding your first home.

Start with an open mind

There is the danger of becoming too fixated on certain locations or certain properties. It’s important to be open when searching for your first home, ensuring that you’re considering...


The Value of Investment Advice

Posted by siteadmin on Wednesday 31st of July 2024

Seeking advice on how to look after your money may not be as fun as the immediate thrill of spending it, but it could be a rewarding decision in the long run.

Investing can be a daunting task, especially if you're not sure where to start, that’s where advice can be handy. A financial adviser can help you understand your financial situation, develop an investment plan, and choose the right investments for your needs to meet your goals.

 

Value of investment advice

Assess where to invest – Getting advice from a financial adviser can expose...


The essentials you need to know about credit checks before borrowing money

Posted by siteadmin on Wednesday 10th of July 2024

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The information a lender finds during a credit check is important – it could affect whether you’re able to borrow money, including through a mortgage, and the interest rate you’re offered. Yet, they can also seem perplexing.

Indeed, a Royal London survey found that a third of Brits had never looked at their credit report.

The good news is that we can help you cut through the jargon, so you feel more confident next time you apply for a loan.

Lenders usually carry out a credit check to assess how much risk you pose

Lenders carry ...


2024/25 tax year planning - Retirement planning

Posted by siteadmin on Wednesday 3rd of July 2024

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Don’t put it off

Retirement can often seem a long way off – but the choices you make before you stop working can have an enormous impact on the kind of life you enjoy when you finally call time on the nine to five. Our trusted and highly-skilled team of advisers are on hand to give you the best possible advice, making a potentially stressful process far easier.


There are several considerations you need to take into account as part of that planning process. So, we’ve put together a quick checklist to make sure that the decisions you make ...


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