In this Episode Craig and Natalie discuss Home Moving. How Stamp Duty Holiday and Covid has had an impact. What is the process?

In this Episode Craig and Lisa talk about what remortgaging means and the things you need to be aware of.

In this Episode we talk about investments, the different types available and when is a good time to invest.

In this Episode we are joined by Jayne Kelly, where we will be talking about Wills.

In this episode we speak to Jason Murgatroyd about Interest Only Mortgages. The pros and the cons. How can Interest Only Mortgages work for you?

In this episode we talk you through the options that you have with the 'Help to Buy Scheme'

What insurance do you need for your mortgage?

There are four main types of protection that you need to consider when it comes to your mortgage.

Buildings and contents insurance

Income protection

Critical illness cover

Life insurance

Join us as we talk you through the ins and outs

ISA, standing for individual savings account is essentially a tax wrapper, so think of it like a jacket for your account. If your money is sat in an account, with whatever the underlying investments may be, an ISA can surround this money like a tax efficient jacket. With this jacket, anything within the account grows tax free - meaning any investment gains and growth are completely free of tax, any gains in stocks and shares are free of capital gains tax and any withdrawals are tax free.

Simply put, an ISA is a tax free savings account.

Equity release is the process that allows homeowners to take out the equity in their property in order to assist with income or capital needs. If you are looking into equity release as an option to release some cash, there are two main options you need to consider.

A lifetime mortgage is a form of equity release where you take out a loan secured on the property but you still retain ownership of the house and can remain living there. The loan amount then only has to be paid back when you pass away or you go into long-term care.

The second type of equity release is a home reversion plan. A home reversion plan differs from a lifetime mortgage because it’s not a loan. Essentially, you sell all or part of your property to an equity relief provider in return for cash in a lump sum or through regular payments. You can live in the property until you die, under the condition that the property is fully taken care of. If you are looking into equity release but still want to retain a percentage of ownership in the property, you can ring fence a percentage (which won’t change, even if the house value increases or decreases) then when it comes to selling the house, the funds are split according to the levels of ownership between you and the equity relief provider.

The main purpose of equity release means you retain the right to stay in your home until you die or go into long term care. All of our products are governed by the equity release council and we have what’s known as no negative equity guarantee - which means you’ll never end up owing more than the property is worth.

As advisers, we generally focus on lifetime mortgages as a form of equity release.