by fpgonline | Feb 6, 2023 | Latest News & Blog
The Bank of England’s decision to increase the base rate to 4%, with an expectation it could increase further to a peak of 4.5% in March, was met with a reassured reaction from mortgage lenders, who believe the medium-term outlook is for rates to fall. For example,...
by fpgonline | Jan 24, 2023 | Latest News & Blog
The government netted £5.3bn from inheritance tax (IHT) between April and December 2022, which was £0.7bn higher than in the same period a year earlier, latest official statistics show. Figures from HM Revenue & Customs (HMRC) showed frozen thresholds were...
by fpgonline | Jan 23, 2023 | Latest News & Blog
Planning for retirement, or later life finances, are topics that, for most people, are firmly placed in the ‘deal with later’ part of our brains, even though we acknowledge how critical both are to later life wellbeing and security. Equally, you won’t be too surprised...
by fpgonline | Jan 12, 2023 | Latest News & Blog
The property and mortgage lending market may be a challenging one right now – Kwasi Kwarteng’s disastrous mini-budget in September saw mortgage rates rocketing at a time when the cost of living crisis was starting to bite – a combination that has lead British banks...
by fpgonline | Jan 4, 2023 | Latest News & Blog
Soaring inflation figures over the past year or so have had a big impact on the UK economy, not only for those who have seen the surge in the cost of living erode household finances, but also to those who have a lump sum to invest, but are facing a landscape that...
by fpgonline | Dec 19, 2022 | Latest News & Blog
Last week we saw the Bank of England increases its base lending rate by 0.5% to 3.5% – it was the ninth time in a year that the Bank had increased rates after it first lifted them to 0.25% from 0.1% in December 2021. However, on the same day, some mortgage lenders...