Thursday, March 25th, 2010
The average house price for first time buyers is currently four times the national average wage, compared with 2.9 times the average wage in 1990. With a first time buyer mortgage more out of reach than ever, many are delaying marriage and family, according to new data from the National Housing Federation.
Tags: Equity Release, Estate Planning, First Time Buyer, First Time Buyer Mortgage, House Prices, Investment Strategy, Mortgages, National Housing Federation, Retirement, Self-Certified Mortgage
Posted in Mortgage News | 2 Comments »
Wednesday, March 24th, 2010
The Chancellor Alistair Darling has announced budget changes removing stamp duty on home purchases up to a value of £250,000. This applies to first time buyers only, but should drive sales of first time buyer mortgages. Stamp duty of 1% currently applies to all homes over £125,000 in value.
Tags: CML, Equity Release, Estate Planning, First Time Buyer, First Time Buyer Mortgage, Investment Strategy, Mortgages, Pension Planning, Retirement, Stamp Duty, Term Assurance
Posted in Mortgage News | 1 Comment »
Monday, March 15th, 2010
Do you love the taxman more than you love your own children? If not, then don’t risk leaving them an Inheritance Tax bill of 40% on the wealth you leave behind! You stand to save thousands or even hundreds of thousands with good inheritance planning. The first step is to check how much you would owe, with our new Inheritance Tax Calculator.
Tags: Financial Planning, First Time Buyer Mortgage, First Time Buyer Mortgages, HMRC, IHT, IHT Planning, Inheritance and Tax Planning, Remortgages, Repossessed Spanish Property
Posted in Financial Planning News | No Comments »
Monday, February 22nd, 2010
Halifax is changing its policy on parents paying deposits on mortgages for their children. In future, parents must pay the mortgage deposit into an account at Halifax parent, Lloyds.
Tags: Estate Planning, Ethical Investment Funds, Financial Life Cycle, First Time Buyer Mortgage, First Time Buyer Mortgages, Halifax, Halifax Guarantor Mortgages, Invesco Perpetual Corporate Bond, Investment Advice Northern Ireland, Investment Strategy, Lloyds TSB, Mortgage, Mortgages, Retirement
Posted in Mortgage News | No Comments »
Friday, February 5th, 2010
Demands for large mortgage deposits, long regarded as the killer for cash-strapped first time buyers, is relaxing, and the number of available first time buyer mortgage deals is on the rise.
Tags: Equity Release, Estate Planning, First Time Buyer, First Time Buyer Mortgage, Investment Funds, Mortgage Deals, Mortgage Deposit, Principle First Stockbroker, Retirement, Self-Cert Mortgages, Variable Rate Mortgages
Posted in Mortgage News | No Comments »
Wednesday, January 27th, 2010
There must be … fifty ways to leave your cover. Figures show that savvy mortgage buyers, savers, and buyers of life insurance all stand to save thousands, by shopping around, switching deals, and taking independent financial advice
Tags: Estate Planning, First Time Buyer Mortgage, Friends of the Earth, Independent Financial Advice, Individual Voluntary Arrangement, Inheritance Tax Liability, Investment Bond, Investment Strategy, ISAs, Life Insurance, Mortgage Advice, Mortgages, Online Mortgage Deals, Repossessed Spanish Property, Savings, Savings Accounts
Posted in Financial Planning News | No Comments »
Thursday, December 17th, 2009
Thousands of young adults disheartened by recent harsh market conditions no longer have the desire to own their own home, and the number of first time buyers is continuing to fall, according to the National Association of Estate Agents (NAEA).
Only 19% of homebuyers during November were first time buyers, the lowest proportion of FTBs in the market in a year, NAEA revealed.
Tags: Equity Investments, Equity Release, Estate Planning, Ethical Investment Funds, First Mortgage, First Time Buyer, First Time Buyer Mortgage, First Time Buyer Mortgages, Investment Advice Northern Ireland, Investment Strategy, Mortgage, Mortgages, NAEA, Retirement, Technoratir
Posted in Mortgage News | 2 Comments »
Wednesday, December 9th, 2009
New figures from Aviva reveal why Inheritance Tax (IHT) is one of the most important sources of revenues for the UK taxman. There are currently £2.5 trillion in assets earmarked by parents as inheritances for their children and relatives, the insurer announced this week. This staggering sum is held by two-thirds of over-55s covered by [...]
Tags: Aviva, Best Maxi ISA, Enterprise Investment Schemes, Financial Planning, First Time Buyer Mortgage, First Time Buyer Mortgages, FSA, Fund Portfolio, future energy supply, IHT, IHT Planning, Inheritance Advice, Inheritance and Tax Planning, Inheritance Planning, Inheritance Tax, Insurance Claims, Life Insurance In Trust, Remortgages, Repossessed Spanish Property
Posted in Financial Planning News | No Comments »
Friday, November 20th, 2009
Lenders are taking action to boost the home mortgage market for first time buyers, in order to maintain the current level of house purchases when the stamp duty exemption is cut back in January.
Financial advisers can now offer 85% and even 90% mortgages that will make homebuying easier for first-timers who could not afford the 25% mortgage deposits required to access the best deals over the past year.
Tags: Best Mortgage Deal, Budget June 2010, Equity Release, Estate Planning, Ethical Investment Funds, Ethical Investment Portfolio, Financial Planning Review, First Time Buyer, First Time Buyer Mortgage, First Time Buyer Mortgages, First Time Mortgage, Friends of the Earth, Home Mortgage, Independent Financial Advice, Investment Bond, Mortgage Advice, Retirement
Posted in Mortgage News | No Comments »
Tuesday, November 3rd, 2009
High earners who will save for their pension under the government’s planned Personal Accounts Scheme may face an Inheritance Tax liability on part of their benefits. Latest details from government have indicated that lump sum death benefits provided under the Personal Accounts Scheme would be subject to Inheritance Tax. This is a major difference to [...]
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, First Time Buyer Mortgage, First Time Buyer Mortgages, Gilts, IHT, IHT Planning, Inheritance and Tax Planning, Inheritance Tax Liability, Life Policy, Mortgage, Mortgage Advice, Pension Advice, Personal Accounts, Personal Accounts Scheme, Remortgages
Posted in Pensions News | No Comments »
