November wealth update: General Election countdown

Welcome to the latest market update, which details what has happened in November 2019. Domestically, November saw campaigning for the forthcoming General Election while globally Donald Trump’s tweets on increasing trade tariffs had an impact on equity markets. With the General Election now just days away, the Conservatives are leading the polls and the betting odds but [...]

December 3rd, 2019|Uncategorized|

October wealth update: Another Brexit extension

October came and went with Brexit being extended again and the opposition parties finally agreeing to Boris Johnson’s request to go to the polls with a general election now called for 12 December. The FTSE 100 ended October at 7,248.38 which was 2.2% lower than September’s closing figure. In the US, the Dow Jones 30 [...]

November 2nd, 2019|Uncategorized|

Mortgage market remains buoyant but not for all borrowers

The mortgage market has been pretty buoyant despite Brexit uncertainty. Data from banking trade body UK Finance shows approvals for house purchase hit a decade-high in July and were up 3.2% in August. It will be a while before these approvals translate into transactions as it can take a while for sales to be completed [...]

October 2nd, 2019|Mortgages, Uncategorized|

August wealth update: Not the usual quiet month

August is usually a quiet time for politics but not this year!  In a dramatic move, Britain's new Prime Minister Boris Johnson set in motion the suspension of the UK Parliament - which means MPs have much less time to debate Brexit, the process of the UK leaving the European Union. Parliament is to be suspended [...]

September 2nd, 2019|Uncategorized|

Investing for the next generation

In the early years this might translate into a surplus of toys or days out, but this stage eventually passes and thoughts turn towards the future transition from child to adulthood and beyond. This longer-term perspective raises the question of how best to provide financial support through, what could be an expensive transition and inevitably [...]

August 30th, 2019|Uncategorized|

Will rent controls help you get onto the property ladder?

Would you have a better chance of getting on the property ladder if your rent was cheaper. Research shows that rent payments are often more than the monthly cost of a mortgage and it can be hard to save for a deposit if most your money is being spent on renting. London Mayor Sadiq Khan [...]

July 23rd, 2019|Uncategorized|

How to budget for the summer break

Summer is upon us and parents are reportedly set to spend an average of £624 entertaining their children over the school holidays. So how do you budget for all that time while your little darlings are off school? Research by Post Office Money of more than 1,000 parents has found two out of three worry [...]

July 2nd, 2019|Uncategorized|