How Does an Overdraft Affect A Mortgage Application

How Does an Overdraft Affect A Mortgage Application

When you’re making a property purchase in the UK, the mortgage application process can be nerve-wracking. Lenders are scrutinising your finances and considering many variables, including “what-ifs,” when making an assessment. In this intense environment, how can a simple overdraft affect your application’s chances? Type of Overdraft The short answer is that it depends. In …

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How Do I Find Out My UTR Number?

How Do I Find Out My UTR Number?

If you are self-employed, you will receive a UTR number after registering with HM Revenues & Customs (HMRC). The UTR number is a way for them to identify you for tax purposes. It stands for Unique Taxpayer Reference, and each one is 10 digits long. This is a sensitive number. It allows HMRC to identify …

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10 Benefits of Working With a Financial Advisor

10 Benefits of Working With a Financial Advisor

Over the years, I have been called-out a few times on my views regarding Financial Advisors. That said, managing your own fiances is an incredibly complicated task that touches on so many areas of your life. Making a mistake in one area, can have large ripple effects in others. Investing, especially in the early stages …

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Can I Be Chased For Debt After 10 Years?

Can I Be Chased For Debt After 10 Years?

Financial debts can follow us anywhere in the world electronically, so they can be hard to not repay, that said, depending on certain aspects of the contract you have signed that ties you to the debt and a few laws, you may not have to pay certain debts. In general, under the Limitation Act 1980 …

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How Can I Get A Copy Of My P60

Expert Advice: How Can I Get A Copy Of My P60

Her Majesty’s Revenue and Customs (HMRC) is the part of the UK Government that is responsible for the collection of taxes, state-support, national minimum wage and the issuance of national insurance numbers. Sadly HMRC is not known for their simplicity but is known for issuing various tax forms to us throughout our working lives, and …

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16 Ways to Make Money As A Teen

16 Ways to Make Money As A Teen

When I was fifteen years old, I wanted to two things, independence, and money. I wanted to go out and enjoy myself with my friends, and I wanted the money to pay for it. The problem, while my parents would give me some flexibility to spend time with my friends, other than some pocket money, …

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