Section 24 was introduced in April 2017 affecting tax relief for landlords. What this means is that landlords will no longer be able to claim mortgage interest, or any other property finance costs against net rental profit. Instead, rental profit will be taxed on the full rental income, not just the profit by 2021, affecting Read more about The 4 Years of section 24[…]
With UK properties out of reach to the average first time buyer, the UK government has stepped in with a rudimentary measure. The ‘help to buy ISA’ offers first time home buyers the chance to save into a cash ISA. The government will then add 25% of the amount you have saved, when you buy Read more about Help to buy ISA[…]
From PCP to logbook loans, there are a myriad of loans on offer attached to cars, although it can be daunting, we thought we should take a look at each one. Personal loan A personal loan is a much favoured way of buying a car, you own the car outright with no mileage restrictions. Unfortunately Read more about From PCP to logbook loans, car finance made clear[…]
In the ever growing options for loans, there is one thing you should familiarise yourself with, and that is, the difference between a secured loan and an unsecured loan. Secured Loans A secured loan is a loan backed by security of some kind, such as your home or car. Lenders are more willing to offer a loan Read more about Secured vs unsecured loans[…]
According to a government survey a large percentage of adults are delaying traditional life such as marriage or a car purchase due to personal debt. The largest group hit were people still paying off their student loans, while the amount of adults either forced back to the family home or still living with their families has also Read more about Is debt holding you back?[…]