How to not fall victim to a Pension Scam

How to not fall victim to a Pension Scam When the cost of living rises, many people turn to their savings and investments for security and start to question the returns their savings and pensions are providing. Sadly wherever there is money, there is also the vulnerability of being the target of financial fraud. Online crime rose rapidly during the Covid pandemic and hasn’t slowed down since. The Pension Scams Industry Group estimates that up to 40,000 people lost money… Read more »

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Approaching Retirement? It might be worth checking your pension value.

Approaching Retirement? It might be worth checking your pension value. After years of saving into a pension, those people approaching retirement are likely to have been regularly checking the value of their investments. Some people may have recently found that the money held in their pension has fallen and will be worried that they have lost money. A drop in the value of your pension before retirement can be concerning, especially at a time when inflation is high and the… Read more »

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Divorce: How to secure a retirement future of your own

Divorce: How to secure a retirement future of your own The end of a marriage is often difficult. If you are facing divorce, understanding how valuable pensions are in negotiations is extremely important. Retirement can look different as a single person and making sure you have a secure plan in place can be reassuring as you look to the future. Pensions are often one of the most valuable savings pots grown during a marriage. Those who divorce later in life… Read more »

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Buy-to-Let Property: Should I consider an interest only mortgage?

Buy-to-Let Property: Should I consider an interest only mortgage? One question our mortgage advisers are often asked is should I chose an interest-only or a repayment mortgage for my buy-to-let property. Choosing the right mortgage can depend on a number factors: how many buy-to-let properties you own, your cash flow and the liquidity of your other assets, and your attitude towards managing debt and more complicated finances. What is the difference between a repayment and interest-only mortgage? With an interest-only… Read more »

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Six Months Left on your Fixed-Rate Mortgage? It’s Time to Act.

Six Months Left on your Fixed-Rate Mortgage? It’s Time to Act. If you are in a fixed-rate mortgage and your current deal ends within the next six months, you can consider securing a new mortgage arrangement now. Many borrowers make the mistake of thinking they have to wait until their current mortgage deal comes to an end before they secure a new loan. This is not the case, and talking to your mortgage broker up to six months before your… Read more »

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Inflation: Watch the pennies, but not at the expense of the pounds

Inflation: Watch the pennies, but not at the expense of the pounds Inflation is a global concern and in the UK we are being warned to brace ourselves for further price rises. Consumers may be trying to reduce their outgoings by cutting down on the weekly shop or using less fuel, and even though these small savings add up, it is important not to lose sight of the bigger financial picture at these difficult times. This means not getting distracted… Read more »

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Three Peaks Challenge

On Friday 27th May, 13 members of our team will be took on the Three Peaks Challenge, climbing Ben Nevis, Scafell Pike and Snowdon  to raise money for The Zinthiya Trust. Along the way, they walked around 42km, climbed 3000 metres and tried to sleep on a minibus! We’re took on this challenge to fundraise for our Charity of the Year, The Zinthiya Trust who aim to create a society where people can be free from abuse and poverty. They… Read more »

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Mortgage rates are rising: It could be time to act

Mortgage rates are rising: It could be time to act If you have a fixed rate mortgage which is coming to an end, or if you have rolled on to your lender’s standard variable interest rate, it might be worth considering securing a new mortgage arrangement now. In recent weeks banks and building societies have been withdrawing their cheapest mortgage deals and replacing them with products with higher interest rates. Many mortgage deals are being released and quickly withdrawn, making… Read more »

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Understanding Payslips: A guide to your Mortgage Application

Understanding Payslips: A guide to your Mortgage Application Whether you are applying for your first mortgage or buying a bigger home, knowing what you need in terms of payslips and paperwork for your mortgage application can be really helpful. One of the most important things a lender is looking for is proof that you earn enough money to be able to comfortably meet future mortgage repayments. They will also want to get an idea of how you manage your money… Read more »

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Spring Budget 2022

Spring Budget 2022 Yesterday, chancellor Rishi Sunak delivered his Spring Statement, setting out the government’s tax and spending plans and forecasts for the UK economy. The Spring Statement, one of two financial statements the chancellor makes every year, does not normally see big tax and spending decisions announced. Yet this Budget was set against a backdrop of rising fuel, energy and food costs. Figures from the Office for National Statistics have shown prices have risen by 6.2% in the past… Read more »

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