Holiday lets driving up rents in tourist hotspots
Landlords are choosing to let homes to tourists on a short-term basis rather than to long-term tenants, according to a tenants campaign group. Generation Rent says rents in Wales, Scotland and south west England have soared since the pandemic as landlords have switched properties to the holiday lets market. Research by the group found it [...]Millions of young pension savers ‘are not taking enough risk’
Millions of workers under 40 are not taking enough risk when it comes to investing their pension, a study says. Written by: Joanna Faith 16/08/2021 Your money.com Research on behalf of pension platform Interactive Investor found 66 per cent of people aged between 18 and 39 – around 10 million people – have a low risk [...]More Than 20 million Have Been Targeted By Financial Scammers
Our new research shows nearly two out of five adults have been targeted by financial scammers in the past year highlighting the need for increased advice. The nationwide study found 38% of adults – the equivalent of more than 20 million people - report a rise in financial scam attempts that they, or people they [...]The Pros and Cons of Mortgage Holidays
The government mortgage holiday scheme is coming to an end, but your mortgage lender might still offer you a payment break if you need it The end of July sees the final closure of the government’s mortgage holiday scheme, which was introduced last March as the first national lock down and furlough started to take [...]Starting a pension in your twenties can save you hundreds in your thirties
Workers who start contributing to their pension in their twenties are likely to save themselves hundreds of pounds a month in their thirties, analysis shows. A single person who wants to retire at 55 on a £13,000 annual income would need to save £496 a month from the age of 25, according to wealth manager [...]What You Need to Know About Stamp Duty in 2021
Stamp duty is a tax that is much-hated by many a homebuyer. Just as you’re handing over thousands of pounds in deposits, mortgage charges and solicitor fees, you’re hit with a levy on the price of the property you’re buying. And in recent years, Stamp Duty has got even more confusing, with a number of […]
Two-thirds of advisers resume face to face meetings
Many advisers are resuming face to face meetings with clients following the lifting of all Covid restrictions, research commissioned by insurer Zurich finds. The research shows that more than two-thirds (68%) of advisers have restarted face to face meetings with clients and around 66% have returned to working with colleagues in the office. Nearly a […]