Variable Rate Mortgages | Independent Financial Advice Service, Pensions and Investment Portfolio Advisers

Uncertain homeseekers opt for fixed rate UK mortgages

Thursday, June 17th, 2010

There was a leap in demand for fixed rate UK mortgages in May, as homebuyers seek a predictable monthly repayment, and market watchers proclaim that interest rates can ‘only go up from here’.

Tags: Best Mortgage Deal, Best Mortgage Rates, Budget June 2010, Buildings & Contents Insurance, Ethical Investor, Ethical Pensions, Fixed Rate Mortgage, Fixed Rate Mortgages, Principle First Stockbroker, Retirement, Variable Rate Mortgages
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Doors unlock as lenders roll out first time buyer mortgages

Friday, February 5th, 2010

First Time Buyer Mortgages

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
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Bank of England boost as mortgage repayments tumble

Monday, December 14th, 2009

mortgages-money-house-sm

Most holders of variable rate mortgages in the UK are now paying Â£100 – Â£200 per month less on their mortgage than a year ago, according to new data from the Bank of England.

Tags: Bank Of England, Best Pension, Ethical Pensions, Fixed Rate Mortgages, National Housing Federation, National Insurance, Principle First Stockbroker, Remortgage, Remortgaging, Retirement, Variable Rate Mortgages
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Record-keeping and independent tax advice crucial when dealing with HMRC

Friday, December 11th, 2009

With an increasing volume of information and advice from HMRC now being offered not face to face, but by telephone, the onus is on the caller to record in writing the tax advice they are given, if they wish to depend on that advice at a later date.

In such situations, problems arise when a taxpayer acts (or refrains from acting) based on undocumented telephone advice, or on their recollection of what HMRC said, according to the Low Incomes Tax Reform Group (LITRG).

Tags: Financial Planning, HMRC, LITRG, Low Income Tax Reform Group, Pension Transfers, Personal Tax, Repossessed Spanish Property, Revenue Commission, Revenue Commissioners, State Pension, Tax, Variable Rate Mortgages, VCT, Wealth Strategies, Whole Of Life Insurance
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Public lose out on tax claims, says LITRG

Monday, December 7th, 2009

Many claimants seeking tax credits may miss out on up to Â£500 of their entitlements, because the Revenue (HMRC) is failing to make them aware of their full entitlements.

While backdating of tax claims is automatic for people with children, there is no automatic backdating of tax credit claims for people with no children, who were in work prior to submitting a claim â€“ even though they are entitled to backdate for up to three months, according to the Low Incomes Tax Reform Group (LITRG).

Tags: Financial Planning, HMRC, LITRG, Low Income Tax Reform Group, National Association of Pension Funds NAPF, Pension Transfers, Pensions Annuities, Reclaim Income Tax, Repossessed Spanish Property, Tax, Tax Guidelines, Variable Rate Mortgages, VCT
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The financial life cycle 1: The roaring twenties

Tuesday, June 9th, 2009

In your early 20s, you are, perhaps, standing on the threshold of a promising and successful career.

Perhaps you are currently renting and think that you will shortly be looking to buy your first property. You may be considering getting married with the next few years also.

You have to consider carefully which mortgage products are currently available, and which is right for you. This is when it pays to consult a qualified independent mortgage adviser.

Tags: Credit Cards, Critical Illness Insurance, Decreasing Term Insurance, Ethical Pensions, Fixed Rate Mortgages, Individual Voluntary Arrangement, Inheritance Tax Advice, Inheritance Tax Liability, Investment Bonds, Investment Strategy, ISAs, Life Cover, Life Insurance, Maximum Pension Contribution, Mortgage Adviser, Mortgages, Pensions, Principle First Stockbroker, Remortgage, Repossessed Spanish Property, Variable Rate Mortgages
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