No deposit mortgages on the rise: The options available

Posted by siteadmin on Tuesday 20th of November 2018

Pulling together a deposit is often one of the biggest challenges for first-time buyers. If it’s a difficulty you or a loved one is facing, you may be pleased to hear that the number of ‘no deposit’ mortgages is growing.

Research from Post Office Money suggests that one in ten first homes are now purchased without a traditionally saved deposit. The figure rises even further in London to 14%. High rents, rising property prices and low wage growth have left many first-time buyers struggling to save enough to place the typical 5-10% of the pro...

More people are choosing equity release; but is it a good idea?

Posted by siteadmin on Monday 19th of November 2018

Homeowners and retirees looking to boost their incomes are increasingly using equity release products.

Giving homeowners a way to access the wealth tied up in their property, equity release can be an attractive option. It can give you a lump sum or pay over several smaller amounts. There are two main equity release options:

  1. Lifetime mortgage: This is where you’d take a mortgage out on your home but retain ownership. You can choose to make repayments on the loan if you have enough income. Alternatively, you can allow the interest to accum...

Has the media influenced your financial decisions?

Posted by siteadmin on Monday 19th of November 2018

Media plays a huge role in the decisions we make on a daily basis. From digital news sites to social media, you can hardly escape its influence. But is ‘financial porn’ affecting your decisions and financial security?

Sensationalist news has become commonplace; it’s evident with just a glance of the headlines in the morning’s newspapers. And the financial industry hasn’t escaped either. It seems you’re bombarded with claims of ‘funds to invest in now’ or ‘stocks plummeting’ on a daily basis. Clickbait headlines are designed to draw you in.


Ten steps to take if you’re feeling stressed about money

Posted by siteadmin on Monday 19th of November 2018

With finances playing an important role in life’s milestones, it should come as no surprise that many of us experience money worries.

Research from Willis Towers Watson (WTW) revealed that money is one of the biggest causes of stress for the millennial generation.

  • Almost half (47%) of millennials say their financial circumstance is their number one source of stress
  • Finances are stressful for older generations too; 24% of baby boomers agree that money is their biggest concern
  • Stress affects mental health and the number of sick days take...

Why financial planning is crucial as you approach retirement

Posted by siteadmin on Monday 19th of November 2018

As you approach retirement, you’ve probably been dreaming about what you’ll do with the extra free time. Perhaps you plan to see the world, spend more time with grandchildren or indulge in some hobbies.

But what would you do if your retirement income was less than expected? It’s a challenge many could soon be experiencing.

Workers aged 55 to 64 are facing retirement incomes around 30% less than the amount recommended for a comfortable retirement, according to research. Data indicates the average worker over 55 expected an annual income of ...

Could some of your retirement savings have been lost?

Posted by siteadmin on Monday 19th of November 2018

When you think about how often you’ve moved jobs or home, it’s not surprising that it’s common to lose the occasional important document. But the number of lost pensions could make a huge difference in achieving retirement aspirations for pensioners who have lost them.

The UK has almost £20 billion in unclaimed pensions, research from the Pensions Policy Institute (PPI) has revealed.

PPI estimates that there are as many as 1.6 million unclaimed pensions from an analysis of the market. The figure could be even higher once public sector pens...

2018 Autumn Budget

Posted by siteadmin on Wednesday 31st of October 2018

Two days ago, Philip Hammond delivered his 2018 Budget.

In the first Budget on a Monday since 1962 the Chancellor announced a range of changes which will affect us all.

We hope you find the below guide useful. If you have any questions after reading it, please don’t hesitate to get in touch.

Your guide to the Autumn Budget

What’s the Value of Remaining Invested?

Posted by rachaelbean on Monday 12th of February 2018

The value of pensions and investments and the income they produce can fall as well as rise, you may get back less than you invested.

So much news and information is broadcast every day on financial markets and investments that it can make you feel as though it’s never the right time to invest, or remain invested.

Intrinsic carried out a useful statistical comparison that delivered clear results. The comparison took data from investors using Intrinsic’s most popular diversified fund over a period that included significant market fluctuation...

A Good Reason to Look at Your Pension Before April 2018

Posted by rachaelbean on Monday 12th of February 2018

The value of pensions, and the income they produce can fall as well as rise. You may get back less than you invested.
Tax treatment varies according to individual circumstance and is subject to change.

The ‘use it or lose it’ message behind the option to ‘carry forward’ tax benefits for anyone who’s used up this year’s £40,000 pension contributions tax allowance should not be ignored. For many of our clients, being able to calculate available tax relief allowances and apply them, before the end of this financial year, makes a substantial dif...

Which ISAs are exempt from Inheritance Tax?

Posted by rachaelbean on Monday 12th of February 2018

Tax treatment depends on individual circumstances.
Tax treatment rates and allowances are subject to change.
The value of an investment, and the income it produces can go down as well as up, and you may not get back as much as you put in.
Estate planning is not regulated by the Financial Conduct Authority.
The FCA do not regulate inheritance tax planning.

Certain ISAs are exempt from inheritance tax (IHT), providing they have been held for at least two years and are still held when the investor dies. These ISAs are invested in shares in qualify...