Owning Property vs Regular Saving
Have you ever heard the term, “safe as houses”? This is exactly how many would describe their attitude towards property investment. That it’s the safest haven for your money, and an appropriate platform to shelter long-term savings. To be fair, property can often be a fantastic investment. Owning large quantities of property, mortgage free, in […]
assets, Featured, financial goals, Future Planning, Investments, Personal Finance, Property, Retirement Planning, Stock Market, World Economy
New CGT Rules for Brits
When selling UK properties, Britons that live overseas are now subject to Capital Gains Tax, but you can minimise the impact. April 5th marked a new tax year in Britain, and the introduction of new legislation which taxes any gains made on residential property sold by all of those living outside the UK. Up until […]
British Expats, Capital Gains Tax, Featured, Property, UK, UK property
BoE says Mortgage Holders Could Cope with Rise in Interest Rates
Headline reads: The majority of people with mortgages could cope with a rise in interest rates, the Bank of England has said. Small print reads: The assumption above is based on a 10% rise in household incomes. According to the Bank’s annual survey of household finances, just 4% of mortgage holders would need to take […]
The growth of house prices has slowed in the UK
According to the latest figures from Halifax, the annual growth of property in the UK had slowed to 8.2% in November compared with 8.8% in October. The lender, part of Lloyds Banking Group, said that property prices were 0.4% higher last month than they were in October. The figures came on the same day that […]
