By Tegan Gladman, Financial Designer Support with Anstee & Co. You may have heard in the news recently that there is a deadline to top up your state pension. But what does this mean? How does this affect me? In April 2016, the new State Pension was introduced. Under the new rules, you need 35 [...]
By Rachel Efetha, Chartered Financial Planner. When you go into a care home or nursing home, the local authority will carry out a financial assessment to see how much you should contribute towards the costs of your care. Under current rules for England and Northern Ireland, most of your income is taken into account [...]
John Cossons, Mortgage and Protection Designer at Anstee & Co. has recently attained The London Institute of Banking & Finance Accredited later life lending professional status. What was involved? John's studying involved eight two-hour online sessions including the overall industry, the market for later life lending, the later life lending products, the process and how [...]
By John Cossons, Mortgage and Protection Designer at Anstee & Co. First-time buyers and home movers can now buy a new-build home with a deposit of just 5 per cent without the need for government help, using Deposit Unlock. Lenders generally set the minimum deposit for new builds at 10 or 15 per cent. Putting [...]
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 [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. Should you continue to take an income from your pensions? All clients taking, or considering taking, flexible withdrawals from their pensions during this uncertain time should be aware of the danger of ‘pound cost ravaging’ and its potential to deplete your funds too quickly. What [...]
