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News sit on 'ticking time bomb' as interest rates HIKE risks financial households owe more than half a trillion pounds on variable rate mortgages and consumer debt, with interest repayments totalling £39.2bn a year. ... David Clarke at Positive Money says the Bank has limited tools to restrain borrowing. “Its only ... in 'aggressive' inheritance tax grab after 23 per cent increase this who die before age 75 can now pass on untouched pension funds free of tax, although after age 75 beneficiaries may pay income tax on the money. A little known option lets you make regular gifts from income free of IHT, provided you still have ...and more »
This is MoneyMortgage costs leap for first-time buyers at the same time as borrowers with larger deposits enjoy record low ratesThis is MoneyUK Finance says lenders are worried about house prices growing at less than two-thirds the pace they were a year ago. If prices fell, those with smaller deposits may be trapped in negative equity, unable to move. Andrew Montlake, of mortgage broker ...and more »
NasdaqUPDATE 1-UK Stocks-Factors to watch on July 26ReutersPARAGON: British buy-to-let mortgage lender Paragon Group of Companies Plc reported a further 575.7 million pounds ($749.91 million) of new lending in the third quarter, taking the nine-month total of lending and investment to 1.4 billion pounds ...UK Stocks-Factors to watch on July 26Nasdaqall 3 news articles »
iExpats.comQROPS Are Not Dead – Just EvolvingiExpats.comThe rule of thumb is QROPS are open to British expats who have made a home overseas or international workers who lived in the UK for a while and saved into a pension while they were there. ... Pension freedoms started in April 2015 and let any ...
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