All Finance News
Stamp Duty surprises more first-time buyers than almost any other property cost. You’ve saved your deposit, secured your mortgage, and then discover there’s another four-figure bill due at completion.
It might be tough to start a business in the UK, especially if you are not a European Union citizen. Starting a business in the United Kingdom will be explained in detail in this post, including the many sorts of businesses, taxes, administration, and if you need a visa.
Saving for a house deposit is the largest short-to-medium-term financial goal most people will have. It’s also more achievable than it feels if you approach it with the right structure — particularly the Lifetime ISA
The Financial Services Compensation Scheme (FSCS) protects eligible deposits at UK-authorised banks, building societies, and credit unions up to £120,000 per person per banking licence
Today’s best savings accounts beat current inflation comfortably. The problem isn’t the rate environment — it’s that most savers are not in the best accounts.
An emergency fund is 3-6 months of essential living expenses held in an easy-access savings account accessible within 24-48 hours. It protects you against income shocks (redundancy, illness)
Introduced in April 2016, the Personal Savings Allowance changed how savings interest is taxed for most UK adults. Before that, banks deducted 20% tax at source. Now, interest is paid gross and most savers owe nothing on it — but with rates at current levels, a growing number are exceeding their all
Easy-Access vs Fixed-Rate Savings account types are legitimate — the question is which is right for which portion of your savings, given your actual financial life.
Each age group has different needs and goals, but regardless of age, it is critical to understand how to invest money in the UK to grow your money. If you require more information, please see the guide here.
Match the savings account type to when you’ll need the money: easy-access for emergency funds and goals within 12 months; notice accounts for 1-2 year horizons; fixed-rate bonds for money you won’t touch for a defined period.
Mortgage Calculator
Don't miss a post
Join 25,000+ monthly readers.
Sign up to get new posts straight to your inbox. Be the first to hear my newest easy finance tips and strategies!
