Articles and News

22Apr

Borrowers may have to wait weeks for branch adviser meetings

Borrowers may have to wait weeks for branch adviser meetings

Borrowers could be forced to wait weeks for an appointment with lenders’ mortgage advisers after the Mortgage Market Review as firms race to get qualified staff in place.

Last week, a business development manager at one of the UK’s biggest lenders warned brokers at a Sesame Live conference that customers could expect waiting times of up to a month to see a lender’s in-branch mortgage adviser.

Posted in Financial Planning for individuals/families

21Apr

Why aren’t we re-mortgaging?

Why aren’t we re-mortgaging?
The latest Legal & General ‘Mortgage Mood’ survey reveals that two thirds of consumers (65%) are not financially preparing for an interest rate rise in the next two years. At the same time, only 7% of those polled are considering re-mortgaging their home in the next 12 months.

Posted in Financial Planning for individuals/families, Economy

22Apr

Budget 2014: How the Pensions System changed forever

Budget 2014: How the Pensions System changed forever

Following the Budget statement in March, the Government has unveiled plans to completely overhaul the UK’s current pension system.

From April 2015, from age 55, whatever the size of a person’s defined contribution pension pot, the Government proposes that they’ll be able to take it however they want, subject to their marginal rate of income tax in that year.

Posted in Retirement Planning, Financial Planning for individuals/families

21Apr

How the 2014 Budget will change ISAs

How the 2014 Budget will change ISAs
In one of the most significant changes announced during George Osborne’s 2014 Budget, the rules governing ISAs will dramatically change in July of this year. Below, we break down exactly how the new rules will impact savers and allow you to shelter more from the taxman.

Posted in Investments, Financial Planning for individuals/families