Employees who are worried about financial issues cost companies money.
There is a wealth of research that has shown this to be an indisputable fact. The costs arise because of absence, lateness, poor performance at work and the consequences of operating machinery while tired and distracted.
23% of companies nationally have begun to address the problem by providing financial education programmes for employees.
We combine a a financial education programme with financial surgeries for employees. The big advantage for the employer is there is no cost, either for the employer or the employees.
Why don't we charge?
In any company with 50+ employees there will be a number of individuals who will require financial products or services. When we transact financial business we receive procuration fees or commissions from providers. We don't therefore need to charge at the workplace.
What financial education do we provide?
We base any training on the Financial Services Authority website Money Made Clear.
What services do we provide?
Basically any service related to finance; from mortgages, insurances and wills through to pensions, investments and inheritance planning.
Independence
We are independent brokers, and we work with a team of other independent professionals who offer best advice because they use products from the whole market.
For a discussion about support for your employees call David Lossl:
0845 170 20 20 or 07855 799 807
or email.
Monday, 28 September 2009
Tuesday, 8 September 2009
Secured loans
Secured loans can be a cost effective way of replacing expensive credit card debt.
It is a top up mortgage – but instead of being with your mortgage lender, it is a loan provided by a company that specialises in ‘second mortgages’
I have a sourcing system that research the whole secured loan market to get you the best deal – and it only takes minutes.
I can advise you on the best course of action if you are considering a secured loan to clear your cards.
A secured loan can also be useful if you want to raise capital but have been turned down for a further advance by your bank or mortgage lender.
Your home is at risk if you do not keep up repayments on a mortgage or loan secured against your property.
To find out if a secured loan could benefit you, give me a call - 0845 170 20 20. mob 07855 799 807 or email.
It is a top up mortgage – but instead of being with your mortgage lender, it is a loan provided by a company that specialises in ‘second mortgages’
I have a sourcing system that research the whole secured loan market to get you the best deal – and it only takes minutes.
I can advise you on the best course of action if you are considering a secured loan to clear your cards.
A secured loan can also be useful if you want to raise capital but have been turned down for a further advance by your bank or mortgage lender.
Your home is at risk if you do not keep up repayments on a mortgage or loan secured against your property.
To find out if a secured loan could benefit you, give me a call - 0845 170 20 20. mob 07855 799 807 or email.
Sunday, 6 September 2009
High dermand for rental properties
New research suggests that the supply of buy-to-let deals on the mortgage market is not enough given the number of people currently searching for them.
Enquiries for buy-to-let mortgages have increased by 50 per cent since August 2008, but the mortgage choice offered to landlords has declined. Lenders have withdrawn 70 per cent of their products off the shelves in the same period.
The cuts in the Bank of England Base rate have also meant that mainstream mortgage interest has come down by an average of 1.95 per cent in the past 12 months, but buy-to-let rates have only seen a 1.13 per cent drop.
My View:
Buy to landlords are suffering from a lack of banking cash flow. There is barely enough liquidity in the mortgage markets to meet the demand for domestic mortgages, so BTL mortgages are being priced to keep demand low.
One solution for one property landlords is to tranfer all or part of their BTL mortgage to their main home. You will need to have enough equity in your home to cover this. It has saved a few of my clients a considerable amount of money.
http://www.usefulmortgages.co.uk/
Enquiries for buy-to-let mortgages have increased by 50 per cent since August 2008, but the mortgage choice offered to landlords has declined. Lenders have withdrawn 70 per cent of their products off the shelves in the same period.
The cuts in the Bank of England Base rate have also meant that mainstream mortgage interest has come down by an average of 1.95 per cent in the past 12 months, but buy-to-let rates have only seen a 1.13 per cent drop.
My View:
Buy to landlords are suffering from a lack of banking cash flow. There is barely enough liquidity in the mortgage markets to meet the demand for domestic mortgages, so BTL mortgages are being priced to keep demand low.
One solution for one property landlords is to tranfer all or part of their BTL mortgage to their main home. You will need to have enough equity in your home to cover this. It has saved a few of my clients a considerable amount of money.
Do contact me if you need to discuss any aspect of finance on your BTL
0845 170 20 20. mob 07855 799 807 or email.http://www.usefulmortgages.co.uk/
Tuesday, 1 September 2009
ARE YOU GETTIING 20% ADDED TO YOUR SAVINGS?
If the answer is no, are you aware that the government will add 20% to any premiums that are made to a personal pension plan?
There are personal pension plans available to suit all individuals and they can be as straightforward or as advanced as required.
Anyone is entitled to have a personal pension plan, even if they are already a member of a company scheme or are a non-worker. Contributions can even be made for other family members, for example a grandparent could contribute for their grandchildren’s future.
As personal pensions are designed to provide individuals with a good quality standard of living once they retire, investments held within them cannot normally be accessed until the age of 55 at the earliest. However, there is a great deal of flexibility in how these benefits can be taken to suit all lifestyles.
Personal pensions can benefit people in a whole number of different ways. To find out how one could benefit you, give me a call 0845 170 20 20. mob 07855 799 807 or email. I will put you in touch with one of our partner advisers
http://www.usefulmortgages.co.uk/
There are personal pension plans available to suit all individuals and they can be as straightforward or as advanced as required.
Anyone is entitled to have a personal pension plan, even if they are already a member of a company scheme or are a non-worker. Contributions can even be made for other family members, for example a grandparent could contribute for their grandchildren’s future.
As personal pensions are designed to provide individuals with a good quality standard of living once they retire, investments held within them cannot normally be accessed until the age of 55 at the earliest. However, there is a great deal of flexibility in how these benefits can be taken to suit all lifestyles.
Personal pensions can benefit people in a whole number of different ways. To find out how one could benefit you, give me a call 0845 170 20 20. mob 07855 799 807 or email. I will put you in touch with one of our partner advisers
http://www.usefulmortgages.co.uk/
Thaw out your frozen pension!!
How many companies have you worked for in your career?
How many separate pension schemes have you contributed to?
Are you being bombarded with paper work from previous providers or maybe you don’t even know who they are held with anymore.
Over the past few years, many once highly regarded pension providers have closed their doors to new policyholders or in the worst cases have collapsed, leaving the existing policy holders with the headaches of high charges, terrible administration and even worse investment performance.
The good news is that these pensions do not need to be dwindling away in the dark ages anymore. The market has evolved greatly in recent years, with several providers offering competitive charging structures, far superior investment ranges and 21st Century technology and administrative services. With all of these factors in mind, these new contracts are ideal for bringing all previous schemes under one roof.
To see whether you can bring your pensions back out of the cold, reduce the amount of unnecessary paperwork and unlock the full potential of your pension benefits, give me a call 0845 170 20 20. mob 07855 799 807 or email. I will put you in touch with one of our partner advisers
How many separate pension schemes have you contributed to?
Are you being bombarded with paper work from previous providers or maybe you don’t even know who they are held with anymore.
Over the past few years, many once highly regarded pension providers have closed their doors to new policyholders or in the worst cases have collapsed, leaving the existing policy holders with the headaches of high charges, terrible administration and even worse investment performance.
The good news is that these pensions do not need to be dwindling away in the dark ages anymore. The market has evolved greatly in recent years, with several providers offering competitive charging structures, far superior investment ranges and 21st Century technology and administrative services. With all of these factors in mind, these new contracts are ideal for bringing all previous schemes under one roof.
To see whether you can bring your pensions back out of the cold, reduce the amount of unnecessary paperwork and unlock the full potential of your pension benefits, give me a call 0845 170 20 20. mob 07855 799 807 or email. I will put you in touch with one of our partner advisers
August house price rise
These figures are from Nationwide:
House prices rose by 1.6% in August
Year-on-year decline slows from -6.2% to -2.7%
Low interest rates helping to underpin prices for the moment
Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said:
“The price of a typical house rose for the fourth consecutive month in August, increasing by 1.6% on a seasonally adjusted basis. The 3 month on 3 month rate of change - generally a smoother indicator of the near term trend - rose from 2.7% in July to 3.3% in August, the highest level since February 2007. At £160,224, the average price of a typical UK property is still slightly lower than 12 months ago. However, the annual rate of change rose further in August, from -6.2% to -2.7%. Over the first eight months of 2009, the seasonally adjusted index of house prices has risen by 3.2%, though relative to the October 2007 peak it is down by 14.4%."
My Comment:
Although house prices are on an upward move, lenders valuations are still very cautious. If you want a valuation report on your house using an online system similar to that used by many lenders, give me a call 0845 170 20 20. mob 07855 799 807 or email
http://www.usefulmortgages.co.uk/
House prices rose by 1.6% in August
Year-on-year decline slows from -6.2% to -2.7%
Low interest rates helping to underpin prices for the moment
Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said:
“The price of a typical house rose for the fourth consecutive month in August, increasing by 1.6% on a seasonally adjusted basis. The 3 month on 3 month rate of change - generally a smoother indicator of the near term trend - rose from 2.7% in July to 3.3% in August, the highest level since February 2007. At £160,224, the average price of a typical UK property is still slightly lower than 12 months ago. However, the annual rate of change rose further in August, from -6.2% to -2.7%. Over the first eight months of 2009, the seasonally adjusted index of house prices has risen by 3.2%, though relative to the October 2007 peak it is down by 14.4%."
My Comment:
Although house prices are on an upward move, lenders valuations are still very cautious. If you want a valuation report on your house using an online system similar to that used by many lenders, give me a call 0845 170 20 20. mob 07855 799 807 or email
http://www.usefulmortgages.co.uk/
The ABC of ISA's
ISA
What is an ISA?
An Individual Savings Account. This is a government initiative to encourage people to save for their future. The benefit offered from the government is that any proceeds or income generated from these schemes is virtually tax free. For most people, this is much more tax efficient than saving in a bank account. An ISA also offers a far greater range of investment types than a bank account which means that your money could work much harder for you.
What types of investment can be held in an ISA?
There are two types of ISA available.
Cash ISAs are only able to hold cash in the same way as a bank account. Although this pays an interest rate with no tax deducted, this rate is often dependent on the Bank of England Base Rate (Currently 0.5%p.a.) This is currently at it’s lowest rate ever.
Stocks and Shares ISAs are in fact able to invest in a wide range of investment types. These include property, shares, government backed securities and many other opportunities to suit all investors. These types of investments have the potential for greater returns than cash but could also carry an element of risk to initial capital.
How much can I invest into an ISA?
Due to the highly desirable tax efficiency of an ISA, the government has put an annual maximum limit on the amount any individual can invest.
Total Maximum £7,200
Maximum in Cash £3,600
Maximum in Stocks and Shares £7,200
From October 2009 These limits will be increasing for anyone age 55 or above to:
Total Maximum £10,200
Maximum in Cash £5,100
Maximum in Stocks and Shares £10,200
From April 2010 these limits will apply to all.
You can invest either with a lump sum or with regular monthly payments.
What can I do with my existing ISA’s?
If you have ISAs from previous tax years that aren’t doing as well as they should be, they can be moved without losing their tax efficient status. In addition, you will still be able to invest your current years allowance.
What is an ISA?
An Individual Savings Account. This is a government initiative to encourage people to save for their future. The benefit offered from the government is that any proceeds or income generated from these schemes is virtually tax free. For most people, this is much more tax efficient than saving in a bank account. An ISA also offers a far greater range of investment types than a bank account which means that your money could work much harder for you.
What types of investment can be held in an ISA?
There are two types of ISA available.
Cash ISAs are only able to hold cash in the same way as a bank account. Although this pays an interest rate with no tax deducted, this rate is often dependent on the Bank of England Base Rate (Currently 0.5%p.a.) This is currently at it’s lowest rate ever.
Stocks and Shares ISAs are in fact able to invest in a wide range of investment types. These include property, shares, government backed securities and many other opportunities to suit all investors. These types of investments have the potential for greater returns than cash but could also carry an element of risk to initial capital.
How much can I invest into an ISA?
Due to the highly desirable tax efficiency of an ISA, the government has put an annual maximum limit on the amount any individual can invest.
Total Maximum £7,200
Maximum in Cash £3,600
Maximum in Stocks and Shares £7,200
From October 2009 These limits will be increasing for anyone age 55 or above to:
Total Maximum £10,200
Maximum in Cash £5,100
Maximum in Stocks and Shares £10,200
From April 2010 these limits will apply to all.
You can invest either with a lump sum or with regular monthly payments.
What can I do with my existing ISA’s?
If you have ISAs from previous tax years that aren’t doing as well as they should be, they can be moved without losing their tax efficient status. In addition, you will still be able to invest your current years allowance.
Want more information?
Call David on 0845 170 20 20, mob 07855 799 807 or email David and I put you in touch with a partner Financial Adviser
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