AN ISA MILLIONAIRE – COULD YOU MAKE IT TO £1M?
The odds on becoming a millionaire through winning the lottery or scooping the Premium Bond jackpot are slim at best. However, withplanning, patience and sufficient money available to invest in stocksand shares, by reinvesting all your dividends, and making maximum use of your tax-efficient allowance, it is perfectly possible to become an ISA (individual savings account) millionaire. In fact, hundreds of investors, including many who started to build their tax-efficient portfolios in the 1980s through Personal Equity Plans, have done just that since the ISA scheme was launched in 1999.
For full briefing click here.Your Money Winter 2017-18
BANK OF ENGLAND SIGNALS EARLIER RATE RISE
The Bank of England (BoE) has indicated that interest rates are set to rise sooner and by a greater extent than it previously anticipated. While the nine-member Monetary Policy Committee (MPC) unanimously voted to leave rates unchanged following February’s meeting, new guidance was issued suggesting that the pace of monetary tightening is likely to accelerate if the economy remains on its current track.
For full briefing click here. Economic Review February 2018
First-time buyers reach a ten-year high
One of the UK’s biggest mortgage lenders, Halifax, has reported that the number of first time buyers in the UK has reached a ten-year high at 359,000. The average deposit for these purchases has climbed by 91% over the last decade.
For full briefing click here. Residential Property Review February 2018
DOES YOUR PORTFOLIO NEED A NEW YEAR MAKEOVER?
If it’s been a while since you looked at your investment portfolio, now could be a good time to stage a review. A regular assessment of your investments will help ensure that you know whether they are on track to meet your financial objectives. The New Year presents the perfect opportunity to take stock. It’s never a good idea to adopt a buy-and-forget approach to managing your wealth, as you could end up with a portfolio that no longer reflects your investment goals and risk tolerance.
For full briefing click here. Your Wealth Winter 2017-18
Commercial property sales forecast to exceed £50bn in 2018
Research conducted by Colliers International, has projected commercial property sales in the UK to exceed £50bn this year and challenge last year’s total of £55bn. Whilst the industrial sector will follow its recent upward path, so too will retailers seeking warehouse space for their burgeoning online sales.The rapid expansion in London of We Work, the office space outsourcer, is projected to result in an additional 3.5 million square feet of space.
For full briefing click here.Property Market Review January 2018
ECONOMIC GROWTH STRONGER THAN EXPECTED
The UK economy showed signs of resilience during the final quarter of 2017 recording a higher than expected rate of growth, although Brexit concerns still weigh on economic prospects.
For full briefing click here. Economic Review January 2018
UK house prices increased 5.1% to November 2017.
In their recent UK Residential Market Survey, the Royal Institution of Chartered Surveyors (RICS) reports that UK house prices increased 5.1% in the year to November 2017, a 0.3% decrease on October figures. Estate agents report that stock levels remained stable and new buyer enquiries stabilised, and for the 23rd consecutive month the net balance for new instructions remained negative in November.
For full briefing click here. Residential Property Review – January 2018
HOUSE BUYING – HOW TO KEEP THE UPPER HAND IN 2018
With the annual growth rate for UK residential properties having slowed to an estimated 1.8% at the end of 2017, this year could offer better prospects for would be first-time buyers.
For full briefing click here. Your Home Finance Winter 2017
Anecdotal ‘London Office Crane Survey’ barometer released.
Established some twenty years ago, the ‘London Office Crane Survey’ is a closely watched indicator of current and future construction activity in central London. Not only does it reflect the amount of new construction activity in the capital, but it is a key indicator as to the state of London’s overall economic health.
For full briefing click here. Property Market Review December 2017
Inflation hits highest level in almost six years.
The rate of inflation in the UK has risen to its highest level in nearly six years, although the consensus amongst economists is that it may now be reaching a peak.
Data from the Office for National Statistics (ONS) shows that the Consumer Prices Index 12-month rate – which compares prices in the current month with the same month a year earlier – rose to 3.1% in November 2017. This was up from 3.0% in October and the highest level since March 2012.
For full briefing click here. Economic Review Decemeber 2017