Interest rate rise: How will it affect you?
It’s taken more than 10 years, but it’s finally happened. The Bank of England has decided to increase interest rates with the Monetary Policy Committee (MPC) voting by 7-2 to increase base rate from 0.25%…
Two million couples lose hundreds of pounds each year; are you one of them?
Marriage has many benefits; providing you are married to the right person, of course! Not only do you get to share your life with somebody, you also get to share your finances. A dual income…
Should you invest in Buy to Let when you retire?
New research from Retirement Advantage shows that 13% of over-50s are considering investing in Buy to Let when they finish working. Resulting in a potential surge of 1.3 million new landlords across the UK. Why the sudden…
Should you give money away to reduce your Inheritance Tax (IHT) bill?
Inheritance Tax (IHT) is a controversial issue which leaves many people wondering how they can reduce the amount that will be lost to the government when they die. The good news is that IHT only…
Retirement: Why saving too much, in the wrong place, could cost you thousands
It may seem like the ultimate first world problem. However, saving too much into a pension could cost you tens of thousands of pounds in unnecessary tax. We all need to prepare for retirement. In…
Bank of Mum and Dad still doing brisk business
With hardly any queues, convenient opening hours and a great location, the Bank of Mum and Dad is the preferred financial institution of many. Membership is limited (it helps if they’re actually your parents!), but…