A topic that is top of mind for many in the current environment is the pension triple lock. While this doesn’t impact all – knowing about this is worthwhile. From the name of the term you can guess that it only impacts those who are getting pensions. Knowing that there is some sort of security …
Proposed income tax for next financial year is changing once I again. There have been many proposed changes to this recently. Ever since Boris Jonson has moved on the new government has struggles to come up with a solid plan. The latest set of news is that the change will impact the tax brackets rather …
income tax is due to become more expensive for some Read More »
Many of you would have heard of ISA accounts. These however are not as widely spread and popular as they really should be. The benefits these offer are seriously impressive though. I want to share today more about ISAs and what type of the account is the best for you to use with different end …
LTV is something that I would assume many people who own property have heard of. For those of you new to the world of property and mortgages – it is Loan-to-Value. LTV is a simple metric yet it is worth knowing few things about this. Few simple tricks about these could save you a fair …
Today I want to cover an interesting topic in my view – lifetime ISA. These products are not known or used by as many people as other ISAs are. That however is a real shame. The benefits of these in my personal view outweigh the issues that these have. I will cover the basics of …
what is lifetime ISA and is it worth having one? Read More »
I have been playing with Google Trends and have noticed one thing. Tracker mortgages are in significant rise. From early September to late October the number of searches for tracker mortgage went up by over 450%. There is a good reason for this. I will explain below what tracker mortgages are. I will also give …
For most people the financial situation currently in the UK is not something to be overly positive about. Inflation, services are becoming more expensive… and then you have a look at the latest remortgage rates. For those who currently have a mortgage and their fixed deal is coming to an end – this is clearly …
Another week brings another set of U-turns from the current government. Not sure anyone believes Liz Truss being capable of running this country at this point. This time the change impacts the income tax that all of us pay on our salaries. Not only the new chancellor announced that the tax cuts wouldn’t go ahead. …
income tax changes once again – and it isn’t great Read More »
You live and you learn… and this is exactly what happened to me recently. I have learned about a new type of mortgage just recently. It is called offset mortgage. So I decided to share this with you as well. I want to share the concept of the offset mortgage first. I will cover the …
offset mortgage and the benefits these can offer Read More »
Help to Buy Equity Loan is a scheme that helped many people to get on the property ladder. Once you are there and your initial mortgage comes to an end there are few options you have. It is worth planning and being aware of what you are planning to do next. Not having a clear …