Renting less expensive than buying a property Research from estate agency Hamptons, suggests that renters are better off than buyers for the first time in five years. The study found that, just prior to the pandemic in March 2020, the average buyer with a 10% deposit was better off than renters by £102 per month.…
Read MoreMulti-jobbers take heed! Workers with more than one job, earning lower salaries, are at risk of a poorer retirement, as they miss out on employer pension contributions, a new study has found.1 Under the auto enrolment scheme, employers are required to set up a pension and make contributions on their employees’ behalf, unless an employee…
Read MoreInvestors and social media The Financial Conduct Authority (FCA) is concerned about how much influence social media could be having on younger investors, who could unknowingly be taking on significant financial risks. According to the FCA, this younger, more diverse group of investors is highly reliant on social media platforms such as Instagram, YouTube, and…
Read MoreWhether 2021 is the year you’ve earmarked for your retirement or, due to the pandemic, you’ve decided to retire earlier than intended, it’s not too late to get your plans in place. Organisation is key to ensuring your retirement goes smoothly, even if it still seems a long way off, and we’re here to help…
Read More2020 was a difficult year on many fronts, but how will 2021 shape up? With hundreds of thousands receiving their vaccinations daily and the property market continuing to boom, there is hope for a brighter future. The number of products available on the mortgage market shot up by 42% between October 2020 and February 2021…
Read MoreSpring has arrived and, for the first time in what feels like a long while, hope is in the air – and we are all certainly in need of it. Positively for investors, the signs are looking increasingly optimistic, with belief growing that we are making our first steps toward meaningful economic recovery. The rapid…
Read MoreDon’t forget that you only have until the end of the tax year (Monday 5 April) to invest tax efficiently by using your Individual Savings Account (ISA) allowance. If you have cash that you won’t need to access in the short term and would like to use some or all of this year’s ISA allowance,…
Read MoreIt comes as no surprise to find out that UK savers struggled to prioritise their pension in 2020, with over half (51%) saying they were unable to save sufficiently for the retirement they want and likely to review or reduce their pension contributions in the wake of the pandemic1. It’s understandable why many people think…
Read MoreOur vulnerabilities have been laid bare over the last year, as the pandemic took hold of all our lives, and continues to resent challenges on a variety of levels. Economic frailties have been exposed but, as we enter 2021, hope hangs in the air with the prospect of recovery in the New Year and beyond.…
Read MoreStock markets do not react well in times of uncertainty and the pandemic has piled pressure on financial markets worldwide. During periods of increased volatility, the importance of portfolio diversification, as a means of guarding against market turbulence, remains a constant investment principle. It is advisable to revisit your investment objectives, review your long-term financial…
Read More
© 2021 Copyright Knightsbridge | Legal
.