Long term care funding dilemma needs financial planning.

The demand for places for long term care is increasing due to us all living longer. However, funding to cover the care home, which is mainly paid for by Local Authorities is under pressure. Many Local Authorities resources are limited. This is leading to them demanding places at below their cost price. Care homes are [...]

2020-04-03T12:20:41+01:00February 27th, 2020|News|

Divorce. Don’t lose out financially.

First of all, do you really want a divorce? Have you looked at the reasons why you are unhappy in your relationship? Have all the avenues such as marriage counselling, marriage coaching, psychotherapy or separation been explored. If you feel that there is no going back, you will need to consider the following. Take professional [...]

2020-02-10T11:42:05+00:00February 24th, 2020|News|

Interest only mortgage. It’s time to act!

In the eighties until 2009, an interest-only mortgage was a popular option.  Now, however, many of these mortgages are coming to the end of their term and money must be found to pay off the original capital sum borrowed. So, what should you do if you have an interest-only mortgage? Firstly, you need to ascertain [...]

2020-02-06T13:38:38+00:00February 20th, 2020|News|

Buy your first home with help from LISA

A Lifetime Individual Savings Account, also known as a LISA, is a great way of boosting your savings for that all-important, first mortgage deposit. So, how does a LISA work and can I have one? How a LISA works First of all, as the name implies these are individual (sole) savings accounts. This means that [...]

2020-02-05T15:46:02+00:00February 17th, 2020|News|

Retirement plan needed for all business owners

A survey conducted by Aldermore Bank showed that almost three-quarters of business owners expect to be working past the age of sixty-five. This, however, is not out of choice. Two-thirds said that they would have preferred to have been enjoying their retirement by then. The key reason given is that they are looking to enjoy [...]

2020-01-30T16:33:36+00:00February 13th, 2020|News|

Getting divorced? Will a financial adviser help you get the best deal?

By Rachel Efetha, Chartered Financial Planner based in Bedford, Bedfordshire. The first working Monday of the new year has been dubbed ‘Divorce Day’ as it sees an increasing number of married couples starting to make enquiries about ending an already unhappy marriage which has had an increasing strain over the festive period. Getting divorced is [...]

2020-02-10T11:39:36+00:00February 10th, 2020|News|

Divorce. Why do you need to be aware of your finances?

It is only natural that after being with someone for a while that your finances become entwined. You will be surprised by how many financial products and agreements you will share with your ex-partner. These agreements may be in the form of a mortgage, credit card, car loan or even everyday utility bills. You need [...]

2020-02-19T15:50:38+00:00February 6th, 2020|News|