Category: Property
Bank of Mum and Dad
Make sure you can afford it and understand any tax implications
Parents have always supported their children in lots of different ways. These days, growing numbers of parents see their adult children struggling to build up enough in savings to put down the deposit on a house or to afford to move up from a first home to something larger – but does this mean parents should help financially? Continue reading “Bank of Mum and Dad”
Freeing up extra money
Home is where the heart and tax-free wealth is!
Preferring to remain in their own homes for as long as possible for many people is increasingly becoming an important part of how we view older age. There may be several reasons for this, to keep the family home, stay close to friends or remain in comfortable and familiar surroundings. Continue reading “Freeing up extra money”
Protecting renters affected by coronavirus
No renter in either social or private accommodation will be forced out of their home
More than a fifth of UK households live in privately rented accommodation. The Government has introduced measures to protect renters affected by coronavirus (COVID-19). This radical package of measures protects renters and landlords affected by coronavirus – and with these in force, no renter in either social or private accommodation will be forced out of their home Continue reading “Protecting renters affected by coronavirus”