Socially responsible investing predicted to double in 2021

Nine out of 10 investors are beginning to move their capital into ‘greener’ investments in response to the threat of climate change – and are increasingly avoiding assets with a big environmental impact. There’s nothing investors like to see more than a steadily rising line on a graph – unless, that is, the graph is … Continue reading “Socially responsible investing predicted to double in 2021”

Economic Review March 2021

BoE: Outlook ‘unusually uncertain’ The Bank of England (BoE) has expressed growing confidence that a near-term recovery is gathering pace, although policymakers appear split over the country’s longer-term economic prospects. Gross domestic product (GDP) figures released by the Office for National Statistics (ONS) showed the UK economy shrank by 2.9% in January as the third … Continue reading “Economic Review March 2021”

Residential Property Review – March 2021

Stamp Duty holiday extension In his Budget on 3 March, Chancellor Rishi Sunak confirmed an extension to the Stamp Duty holiday in England and Northern Ireland. Rather than ending on 31 March, as originally announced, the nil-rate threshold for Stamp Duty will remain at £500,000 until 30 June. The extension means that buyers will save … Continue reading “Residential Property Review – March 2021”

Economic Review February 2021

UK economy poised for recovery Although the latest gross domestic product (GDP) statistics revealed the UK suffered a record slump in 2020, there are now growing hopes the economy is on the cusp of recovery. Figures published by the Office for National Statistics (ONS), showed the UK endured a record fall in output last year … Continue reading “Economic Review February 2021”

Residential Property Review – February 2021

House price growth slows Several recent reports have confirmed that house price growth is slowing, but there are reasons to believe that the housing market will be more stable than last year. According to Knight Frank, the third lockdown and the imminent end of the Stamp Duty holiday have played a major part in delaying … Continue reading “Residential Property Review – February 2021”

Has Covid changed your retirement plans?

One of the pandemic’s lesser effects is how it has upset many long-term plans. Many Brits have been forced to reassess their retirement choices and perhaps make snap decisions. But if your planned retirement looks suddenly in doubt, what should you do? The best-laid plans often go wrong, as Robert Burns observed, and few things … Continue reading “Has Covid changed your retirement plans?”

Economic Review January 2021

Vaccinations provide economic hope Although recently released data has revealed a decline in UK economic activity, Bank of England (BoE) Governor Andrew Bailey, has expressed hopes that the vaccine roll-out programme will begin to spark a “pronounced recovery.” The latest gross domestic product (GDP) figures published by the Office for National Statistics (ONS) showed the … Continue reading “Economic Review January 2021”

SVR mortgage confusion costs homeowners over £4k

At least 1 in 4 mortgage holders are needlessly losing money every month by paying the maximum interest – and it could be many more. And yet it’s now relatively much cheaper to obtain a 5-year fixed rate mortgage for longer-term certainty. Over a quarter of homeowners with mortgages have ended up on their lender’s … Continue reading “SVR mortgage confusion costs homeowners over £4k”

Residential Property Review – January 2021

Momentum in residential market expected to slow The UK residential property market closed 2020 with a bang, with Nationwide reporting annual house price growth of 7.3% in December – a six-year high. In its December UK Residential Market Survey, however, the Royal Institution of Chartered Surveyors (RICS) has pointed to evidence that momentum is starting … Continue reading “Residential Property Review – January 2021”

How will house prices move in 2021?

Having hit an all-time high in December 2020, UK house prices once again stand on the brink of uncertainty. Will the fall, rise, stay the same – or something else? Despite being one of the most economically turbulent years in living memory, 2020 ended with UK house prices – almost incredibly – at a record … Continue reading “How will house prices move in 2021?”