Exceptionally high levels of stamp duty are reported to be discouraging house sales and in particular discouraging older people from downsizing. Stamp duty on the sale of a £2 million home will amount to £153,750 and on a £600,000 home to £20,000. The government is also benefitting from increased receipts from inheritance tax (IHT) which [...]
Moving into retirement can be one of the most exciting times of your life. It can also be daunting if you do not plan wisely. We can help you with retirement advice. Here are a few tips to help you plan to make the most of your retirement. State pension. How much will you receive [...]
Young people trying to get on the property ladder are relying more and more on the ‘bank of mum and dad’ to help with their mortgage deposit. We are told that one in three first-time buyers expects to ask their family to help with the purchase of their first property. Some parents are in the fortunate position [...]
With savings rates being at a historical low for some time, you may be looking at different ways of protecting your hard-earned money from inflation. Investing is a more adventurous approach with your savings that might now be worth considering. Purchasing stocks and shares is one way to do this. Stocks and share purchase is [...]
This is what you need to know about remortgaging and why you should review your mortgage regularly. When your existing fixed-rate or discount mortgage rate comes to an end you should review your options. This may be changing to a new deal with your existing lender or moving your existing mortgage to another lender to [...]
Passing on wealth between generations in a tax-efficient way is a key part of financial planning. In this article, we will look at how to gift money in a tax-efficient way, from passing on a pension to helping your children with a buy to let. Here are some areas to discuss with our financial planner [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. I’d like to tell you about my client David. Eight years ago, his wife, Kath, was hit by a car when their youngest son was just two weeks old. She was in a coma for six months and is now severely brain-damaged. David had to [...]
Congratulations to Sam on his exam success. Congratulations to Sam Williams on completing his final paraplanning exam (J09). Combined with previous exams passed he has now gained the Chartered Insurance Institute (CII) Level 4, "Certificate in Paraplanning". The final paper comprised of three pieces of coursework based on a case study covering all areas of [...]
Many financial advisers will claim that marriage is – “The greatest tax planning strategy ever invented”. This might not seem very romantic but is it true? Inheritance Tax (IHT) is perhaps the biggest benefit. Unmarried couples can only pass assets to each other free of tax up the value of the “nil rate band” of [...]
Our 5th Annual Charity Golf Day saw 14 teams challenge themselves, over 18 holes, against the parkland course of Wellingborough Golf Club. The event raised £3,931.14 which is all going to “Dementia Sings Out”, a Community Choir, based in Wellingborough, Northamptonshire. At the presentation dinner, Ruth Bowe, gave a lively talk, about the work of [...]
