The client had originally came to us to arrange a mortgage for a house she was purchasing. She was advised to consider her options in regards to life & critical illness insurance. Maybe she felt she didn’t need it, being in her early 30s, like most of us thinking that it’ll be something we may […]
If your mortgage is currently on your lenders’ standard variable rate, you could be potentially paying over the odds on your mortgage. A report from HSBC stated if those on the standard variable rate switched their mortgage, they could be saving up to £4,000 each per year [1]. With the Bank of England base rate […]
This month men all over the country will be growing out their facial hair for Movember as a fun way to raise awareness of men’s cancer and mental health risks. We all think “It won’t happen to me”. But most of us know of someone either directly or through friends and family that have been […]
It’s now been over six months since the COVID-19 pandemic hit the UK and our entire office became virtual. Our office still remains closed, however we’ve continued to stay open throughout this period with the full team 100% working from home. We have continued to pay our donations every Friday for virtual dress-down Fridays. Although, […]
The Bank of England has recently written to all banks and building societies to check whether they could pass on negative interest rates if the bank cut the current base rate of 0.1%. According to the chairman of Natwest Howard Davies, Britain’s banks are not ready for negative interest rates, with technical and contractual issues […]
The Financial Conduct Authority (FCA) has stated that COVID mortgage payment holidays in the UK will not extend past the 31 October 2020 and any financial support past that point will be marked on credit files. The FCA has emphasised that both a payment holiday and partial payment holiday are temporary, and the outstanding amount […]
As the nights get longer and weather gets that bit colder, we start thinking about Halloween, Bonfire Night and Christmas; they aren’t that far away now! October offers two options with Stoptober and Go Sober for October. So if you want to quit smoking or drink less, this month has got you covered! Sober October […]
For Scotland, a cut to the Land and Buildings Transaction Tax will be introduced from Wednesday 15th July, remaining in place until 31st March 2021. The changes will mean that the starting point for paying the LBTT on house purchases will rise from £145,000 to £250,000. Home movers purchasing a property costing more than £250,000 […]
The Scottish Government has launched a pilot scheme called First Home Fund. The scheme is to help first-time buyers with the cost of purchasing a home in Scotland. The scheme will contribute up to £25,000 towards the cost of buying a property through a shared equity scheme. A total of £150 million will be made […]