Property is one of the best performing assets classes over the last 20 years. As a consequence, more and more people are buying second properties to rent out and benefit both capital appreciation and rental income. Over the last twenty years, research shows the average property price in the UK has increased upwards of 250% …
In the UK, every month there are upwards of 50,000 remortgage applications approved. This is up from 40,000 in 2016, and while they have dropped significantly in the last few months due to the effects of the Covid-19, remortgaging is still a large part of the UK property market. There are many reasons to re-mortgage …
If you’re going to buy a home, or you’re looking to re-mortgage your current home, the first step is usually looking at a mortgage and understanding how much you can afford to borrow. Over the last twenty years, houses across the UK have increased in value by a huge 210%. As a consequence, as of …
Property is of the safest and best-performing investments over the last twenty years. In a report by Coulters Property, they reported that in 1999 the average house price was just £77,961, however by 2020 it has risen to a massive £244,513. That’s a 300% increase in just twenty years. Over this period a lot of …
For a lot of people, a second job is vital to being able to survive and pay their monthly bills. For my family and me, we could not survive without taking on second jobs and earning a second living. It pays for holidays and helps bolster the pension fund, but like all income I make, …
Taking on debt is one of those areas that you need to give a lot of thought to whether its right for you. Personally, I’m okay with debit in the form of mortgage, but I don’t have any personal debt, and I don’t run debt on credit cards. I think it’s such a waste of …
If you want to transfer money either to friend or to pay for something, you have a few choices on going about it. In this article, we’re looking specifically at Bacs payments, what they are, how much it costs to make a transfer and how long does it take to make it. If you just …
As part of both my mobile and home telephone contracts, we get a few hundred minutes of telephone calls each month. The problem is with all the different numbers possible to dial, its very confusing trying to work what I will be charged extra for and what I won’t. Typically if you’re going to be …
Moving house is a large feat to undertake. Sometimes it can be done in as little as a month but other times it could take as long as five months. The timeline depends on so many different things that it can be very difficult to estimate how long it may take. If you are buying …
There are many different things that go into having bad credit; bankruptcy, late payments, credit searches, default debts, and plenty more. The thing is that each of these has a different impact on your credit, and for different periods of time. Bad credit is not something that goes away the next calendar year but eventually, …
An IVA is something that can negatively affect your credit and your life for a long period of time. However, IVA, if done right has the ability to help your life and your finances as a whole. This can help to increase your credit score over a period of time. IVA stands for an individual …