How Much Does An Iva Leave You To Live On
One of the most pressing questions for anyone considering an IVA is "what will I actually have to live on each month".
How Many ISA Can You Have
"How many ISAs can I have" is one of the most frequently asked questions about UK Individual Savings Accounts, and the answer changed materially from 6...
HMRC To Go After Pension Savers
The headline phrase "HMRC to go after pension savers" has been used periodically in the UK financial press, usually in response to a specific HMRC...
Do You Pay Stamp Duty When Selling A House
The short answer to "do you pay stamp duty when selling a house" is no. Stamp duty land tax in England and Northern Ireland, Land and Buildings...
Do You Need A Solicitor To Remortgage
Almost every UK remortgage requires some legal work because the lender's charge over the property has to be redeemed with the old lender and registered...
Do I Need A Solicitor To Remortgage
For a UK homeowner, the question "do I need a solicitor to remortgage" is really a question about which type of remortgage is being done.
Disadvantages Of Paying Off Mortgage UK
Paying off a mortgage early is one of the most emotionally satisfying financial decisions a UK homeowner can make.
Deferred Benefit Pension
"Deferred benefit pension" is shorthand for a defined-benefit pension that is no longer being added to but has not yet started paying out.
Claim A Trust
The phrase "claim a trust" covers several very different situations. A young adult chasing the Child Trust Fund opened in their name as a baby has a...
Can I Have More Than 1 ISA Account
The rules on how many ISAs a UK saver can hold and pay into changed materially from 6 April 2024.
1257L M1
UK PAYE tax codes are made up of three components: a number (the tax-free annual amount divided by 10), a letter (the category code), and (where...
Why Would Anyone Buy A Leasehold Property
For buyers used to thinking of property ownership in absolute terms, the leasehold model can look like an inferior bargain: pay a substantial price...
When Is The Stamp Duty Paid
Stamp duty timing is one of the most commonly misunderstood parts of a UK property purchase.
When Do You Have To Pay Stamp Duty
Stamp duty is one of the largest cash items in a typical house purchase, often second only to the deposit itself.
What Is Tax Code 0T
Tax code 0T appears on UK payslips and pension statements often enough that millions of employees encounter it, usually without warning, when they...
What Is A Home Reversion Scheme
Home reversion is one of two equity release products regulated by the Financial Conduct Authority in the UK, alongside the lifetime mortgage.
What Is A Flexible ISA
The Individual Savings Account (ISA) regime introduced the flexible feature on 6 April 2016.
Tax Code 0T M1
Seeing 0T M1 on a payslip is one of the more confusing experiences in UK payroll.
St James Place Reviews
St. James's Place plc is the largest wealth manager in the UK by funds under management, and one of the most-searched names in personal finance because...
Should I Pay Off My Mortgage
"Should I pay off my mortgage?" is one of the most common personal finance questions in the UK, and one of the most context-dependent.
Register As A Sole Trader UK
Registering as a sole trader with HMRC is one of the simplest pieces of official paperwork a new business owner has to do.
Purchased Life Annuity
A purchased life annuity is a contract under which an insurer pays the holder a fixed (or index-linked) income for life, or for a defined term, in...
Pension Income Shortfall Living Alone
Retirement income planning often assumes a couple sharing costs in one household, drawing two State Pensions, and benefiting from joint allowances and...
Minimum Credit Score For Mortgage UK
"What credit score do I need for a mortgage?" is one of the most-searched mortgage questions in the UK, and one of the most frequently answered wrongly.
Indemnity Policy Meaning
The term "indemnity policy" is used in the property world to describe a particular sort of one-off insurance arranged during conveyancing.
Indemnity Insurance For House
Indemnity insurance is the conveyancing world's pragmatic answer to a defect that cannot be cured in time for completion.
How To Set Up As A Sole Trader
Sole trader status is the simplest form of self-employment in the UK. There is no separate legal entity, no Companies House filing, no shareholders...
How Much Is Widows Pension
The phrase "widow's pension" is widely used but technically refers to a benefit that was replaced in 2017.
How Long Can A Mortgage Offer Last
For a buyer in a property chain, the mortgage offer is one of the few documents whose validity period is fixed and largely outside the buyer's control.
Home Reversion Plan Pros And Cons
Equity release in the UK has two main forms: lifetime mortgages (overwhelmingly the more common modern product) and home reversion plans.