Later Life Lending

Later Life Lending

If you are aged 55 or older and have owned a property for several years, there’s a good chance that much of your wealth may be tied up in your home. And with average house prices increasing by around a third over the last 5 years, the equity has increased...

Housing Market, Mortgages and Later Life Lending

Market Overview The housing market remains buoyant, driven largely by the Stamp Duty holiday due to be phased out by 1st October ‘21. The Pandemic has also created a lot of home movers who wanted to change their own living circumstances. House prices have been...

Women lagging behind in Financial Planning

Men undertake financial planning duties more than women, Money Management data shows. According to a survey conducted at least 43 per cent of advisers said it is generally men among married couples who take the lead in planning. As women statistically live longer than...

Taxation of pension income

Key points You can currently access your pension pot from age 55, at which point you can take up to 25% of your pension fund value as tax-free cash, either as a lump sum or regular income. The remainder of the funds left in your pension pot are then taxable as income...