By John Cossons, Cert CII (MP & ER) Mortgage Adviser What is Stamp Duty and do I need to pay it? Firstly, you must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland. The tax is different if the property or land [...]
We are being attacked from every direction by fraudsters, including, investment scams. Below are details of how to protect yourself from investment fraud. Stopping Investment Fraud First of all, according to the Financial Conduct Authority (FCA) of which Anstee & Co are registered, victims of investment fraud lost on average £26,000 last year (2020). One [...]
Originally equity release was designed for older people who wanted to increase their income in retirement by releasing some of the equity tied up in their homes without downsizing. The equity release market is very competitive with lenders bringing out more innovated products that can offer more flexibility than before. These new products still offer [...]
If you are self-employed and looking to renew or take out a new mortgage then follow these eight top tips to ensure that you get the best mortgage for you. First of all, it’s important if you are looking to get the best deal that you start planning well before you need the mortgage. The [...]
By John Cossons, Mortgage Adviser at Anstee & Co. I have recently been talking to clients who have an existing interest-only mortgage on their property. This is now due to be repaid and they would like to consider how to raise the money now that they have retired. The options are that they take out [...]
It's Pancake Day! Unfortunately, no pancakes in the office this year but fingers crosses for next. Pancake Day is also known as Shrove Tuesday!
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. Even with the Job Retention Scheme, there are predictions that unfortunately, redundancies will increase over the coming months as businesses need to cut costs or fail. People deal with redundancy in different ways. You will normally be entitled to statutory redundancy pay if you have [...]
It is always a good idea to understand the different types of mortgages that are available and how they work. In this article, we take the first steps in finding out which type of mortgage is best for you. Each mortgage has its advantages and drawbacks. To help you get informed about what is on [...]
So, what is a Lifetime ISA? ISA stands for Individual Saving Account. There are several different types of ISA's, but a Lifetime ISA also known as a LISA has two main aims. Helping people save for their first home or retirement. How does a LISA work? If you open a Lifetime ISA, the Government will [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. A while ago, I visited two sets of completely unrelated new clients who are both in a very similar position. Both the husbands are tradesmen and both the wives run the office for them under a limited company. Both got in touch as their businesses [...]
