New Year’s Resolutions You Should Make And Keep
It’s that time of year again. The post-Christmas period can often be a good time to take stock of your finances, consider any changes to your circumstances and set yourself some simple but important goals for your money in 2017.
For full briefing click here. Winter Your Money
‘Financial Stability Report’ highlights risks to commercial property market
According to the recent Bank of England (BoE) Financial Stability report “There is a risk of further adjustment in the commercial real estate market that could create financial stability risks, given the reliance of the market on inflows of foreign capital and in some segments, stretched valuations.”
For full briefing click here. Property Market Review December 2016
Diverse Monetary Policies Across The Pond
In response to the latest analysis highlighting stronger economic growth and rising employment, the US Federal Reserve decided to hike its interest rates in December by 0.25 percentage points to a range of 0.50% and 0.75% for only the second time in a decade. Here in the UK the Bank of England’s Monetary Policy Committee (MPC) decided to once again hold the UK’s main interest rate at its historically low level of 0.25%.
For full briefing click here. Economic Review December 2016
Retired property owners £26,000 better off.
People aged over 65, who have paid off their mortgage, are on average £26,000 tax-free better off this year, as a result of their property investment.
For full briefing click here. residential-property-review-december-2016
This summer has produced yet more evidence of the ongoing clash of beliefs and attitudes between Milennials and Baby Boomers.
Those born in the early 1980’s through to the turn of the century, the Milennials as they have come to be known, followed on from Generation X, who in turn succeeded the Baby Boomers. The Milennials now make up a quarter of the UK population.
For full briefing click here. autumn-your-money