Nov 21, 2021 | Newsletter
House prices registered the strongest monthly rise for 14 years in September, pushing the average cost of a home to a record high and reversing a three-month decline in annual growth. Halifax, one of the country’s biggest mortgage lenders, said last month the average...
Nov 19, 2021 | Newsletter
Homeowners are being urged to consider locking in with a low fixed-rate mortgage, as the price of home loans may soon surge. This is because the price of mortgages partly reflects the Bank of England base rate – currently at record lows of 0.1%. When interest...
Nov 17, 2021 | Newsletter
Fees paid by individuals transferring out of their defined benefit pension scheme have hit their highest levels since 2018, according to XPS, which warned savers could run out of money 10 years earlier as a result. XPS Pensions Group’s annual member outcomes survey,...
Nov 15, 2021 | Newsletter
Dramatic tax rises to fund social care were unveiled by the government this month, sparking criticism from the self-employed and limited company directors. From April 2022, National Insurance Contributions (NICs) will increase by 1.25% for employed and self-employed...
Nov 14, 2021 | Newsletter
The temperature has been rising in the housing market since the start of the year. The introduction of the Stamp Duty holiday meant that the average price of a house in the UK climbed to the heady heights of £265,000 in June 2021. However, the phasing out of the tax...
Nov 13, 2021 | Newsletter
Young investors are reforming their relationships with their advisers. A recent Fidelity study found more investors have begun to work with an adviser since the start of the pandemic. And, from May 2020 to June 2021, more than a quarter of advised investors hired a...
