ISAs may now be a well-established and tax efficient savings vehicle in the UK, but it appears that a recently introduced type of ISA might well be poised to shake up the ISA market in future years. Introduced in April of 2016, the Innovative Finance ISA has taken a little while to get going, but it is now taking hold at quite a pace. The IFISA has been introduced to allow those who engage in peer to peer lending to be able to sheild their returns from tax and recent figures released from IFISA provider Lending Works have revealed that demand for this new type of ISA has been strong, with their own IFISA attracting £8.8 million of investment in the first 2 months from launch.
Recent statistics suggest that we Brits could be heading for choppy waters. While personal borrowing is at a historical high, our savings are at their lowest ebb. Worse, inflation is putting up the price of groceries and fuel, squeezing the average household’s finances ever more.
As our disposable income shrinks it’s all too tempting to ignore your debt obligations to focus on the here and now. If you’re currently feeling overwhelmed with your debt situation and are considering defaulting consider these facts…
Building your own home is a lifelong dream for many people. If you are seriously considering self-building your own home, then it can be helpful to consider the various types of insurance you may need to put in place to complete the process before you begin your journey. In this post, we’ll consider 3 important areas of insurance you’ll need to consider when building your own home.
People have been reclaiming PPI for several years now and in August of last year it was estimated that banks had paid out a whopping £24 billion in compensation, with further billions also being set aside for future claims that might be made.
We all know that to achieve the very best price when selling your home, you really need to be patient and not just jump at the first offer that comes your way. It may be that the first offer you receive is a fair one, of course, but patience is usually required.
What if time isn’t on your side, though, and you really do need to sell your home as quickly as possible?