Month: May 2018

You listen to the radio and hear one thing, then open a newspaper and read the opposite. You go on social media and hear all manner of contradictory views and opinions. You chat with friends in the pub who’ve got as many different pieces of advice as there are types of beer or artisan gins...

What is mortgage life insurance? For homeowners, a mortgage is almost certainly the biggest financial commitment you will ever make and the biggest financial asset you will ever have. If you have a repayment mortgage, getting mortgage life insurance can protect your family if you die before the term is up. It pays out a...

Clearly, if it was as simple as swapping rental payments for mortgage repayments, a lot more people would own their own homes. There are two main obstacles that prevent renters from making this switch. The first is the difficulty of raising a large enough deposit. The majority of mortgages require at least a 20 per...

One of the key advantages of saving for your retirement through a pension scheme is the tax relief you receive on the money you contribute, usually available at your usual rate of tax. The ‘Annual Allowance’ limits the amount of contributions both you and your employer can make to your pension in a year which...

If you’re unclear on what the term ‘pound cost averaging’ means, the simplicity of what it describes is perhaps best demonstrated through an example. Abbie is an investor who has already decided where she wants to make a long-term investment. She also earns money through her job and invests more each month. Abbie therefore has...

A marriage or civil partnership can be a beautiful union of minds and hearts, but there’s no reason why it should end there. There can also be financial benefits to being with your partner, and one of these is the Marriage Allowance. In the 2018-19 tax year, the Marriage Allowance lets you transfer up to...