Navigating the Enchanted Realms of Interest Rates and Mortgage Strategies Once upon a financial skyline, in the bustling markets of the United Kingdom, a powerful sorcerer named ‘Interest Rate’ wielded the wand of economic influence. Under its sway, kingdoms of Homeowners and realms of First-Time Buyers danced
Read more →Make Financial Resolutions for the New Year As we wave goodbye to the old year and welcome in the new, it’s natural to set resolutions for the upcoming 12 months. While many of us focus on health and fitness goals, it’s also important to make financial resolutions
Read more →How a UK Regulated Advisor Can Help You Manage Your Finances As your lives and financial circumstances change, it’s important to regularly review our financial plans and make sure they’re still aligned with your goals and needs. One of the best ways to do this is by
Read more →UK interest rates raised to 1.25% by Bank of England UK interest rates have risen further as the Bank of England attempts to stem the pace of soaring prices. Rates have increased from 1% to 1.25%, the fifth consecutive rise, pushing them to the highest level in
Read more →95% Mortgages Are Back! What’s the backstory? The government announced today that it will support lenders in offering mortgages with a loan-to-value (LTV) of 95 percent, which are deals for those with a 5% deposit. What is the significance of this? Since Covid, many banks and lenders
Read more →Stamp duty holiday extended The Chancellor, Rishi Sunak, presented the details of his spring Budget in Parliament today, outlining the government’s taxes and expenditure plans for the coming year. Two major policies are particularly relevant to homebuyers and sellers. Here is Firco’s take on what you should
Read more →Can I avoid capital gains tax on my buy-to-let property? If you sell a buy-to-let property for more than you bought it, you make a ‘capital gain’ – and this may be subject to capital gains tax (CGT). However, in some circumstances you may be able to
Read more →‘Astonishing’ recovery for mortgage market! At the height of lockdown, dire predictions of economic disaster, huge job losses and a deep property market slump were relentless. It seemed there was no good news to be found. While uncertainty still prevails, sparks of hope are beginning to creep
Read more →New property trends emerge following lockdown! The property market is gradually showing signs of recovery and a number of new trends are emerging. It’s likely that these trends will continue to influence the market over the coming months. Sales rise due to high demand Pent-up demand and
Read more →Residential market shows strong momentum! The latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) shows a sharp acceleration in house price inflation, with the strongest reading reported at national level since 2016. The survey shows that all parts of the UK, with
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