Budget 2014: Thinking of taking your pension as a lump sum and investing in Buy to Let? Read on and think again

Tiny Houses 2The ink on the Chancellor’s Budget had hardly dried, as people began to speculate the proposed changes to pension rules, would mean more people jumping on the Buy to Let bandwagon. In fact, you could almost feel some estate agents get giddy with excitement, at the thought of a new market to take advantage of. Confused about the Budget? Our advisers can help you make sense of the ...

New inflation figures push up State Pension and ISA contribution limits

iStock_000003037994_ExtraSmallAlthough the main measure of inflation remained unchanged in September, the figure is still significant for millions of people who are drawing a State Pension or contribute to an ISA (Individual Savings Account). According to the Office for National Statistics (ONS), the Consumer Prices Index (CPI) measure of inflation remained unchanged at 2.7% in September. Despite CPI remaining unchanged, the Retail Prices Index (RPI), an alternative measure of inflation, fell slightly from 3.3% to 3.2% in September....

Who are the winners and losers from Mark Carney’s interest rate announcement?

Autumn Statement 2012 Winners & Losers_istockThe phrase ‘forward guidance’, introduced into the financial dictionary earlier this week by Mark Carney, the new Bank of England Governor, sounds innocuous enough. But for better or worse, it will soon affect each and every one of us over the next few years. First things first, what does ‘forward guidance’ mean? Put simply, the Bank of England’s Monetary Policy Committee (MPC) is tasked with keeping inflation at 2%; not higher, not lower, but at ...

Mortgages: Help to Buy not available for second homes

Four in a row IIThe government has confirmed that its flagship scheme to boost the housing market, Help to Buy, will not be available to people buying a second home or foreign buyers. Help to Buy was announced by the Chancellor, George Osborne, in his Budget speech earlier this year. Launched in two parts, the scheme is designed to help people either buy their first property or move home. However, it has been dogged by controversy, with critics rounding on the scheme ...