How Much Are Your Valuables Worth?

When it comes to thinking about the dreaded inheritance tax, most people think they will be safe from it and don’t need to worry about how to distribute their assets upon their death. They believe the current threshold of £312,000 per person is more than enough to cover everything they own. But that’s not necessarily the case, and some people end up with a nasty surprise when a relative dies and the sum total of what they own is added up.

How to Improve Your Financial Situation

We all have big financial decisions to make during our lives. Buying a house, making pension plans and looking after our families all require a more in-depth knowledge of our financial situation than everyday living tends to provide.

How to Improve Your Financial Situation

We all have big financial decisions to make during our lives. Buying a house, making pension plans and looking after our families all require a more in-depth knowledge of our financial situation than everyday living tends to provide.

Men saving more than women

Men have a greater propensity to store away their cash in savings accounts than women, it has been revealed. Research conducted by Yorkshire Building Society shows that men are 50 per cent more likely than women to have a savings account with at least £1,000 in it. Overall, 62 per cent of people have such an account, yet the study also highlighted the fact that while the majority of Brits appear to have caught the savings bug, they have yet to grasp how best to make their money work for them.

Should parents still be bailing out their adult ‘kids’?

Every parent expects to spend a fortune on their children when they are at home and dependant on them financially, but what many don’t bank on is the fact that they will still be having to bail out their kids even when they’re all grown up. According to some new research by Scottish Widows, adult children still cost their poor parents about £12,000 a year as they struggle to cope with financial independency.

Condo Loans Becoming Stricter

With the tightening up of mortgage rules and the returning caution of lenders (finally!) we are seeing a throw-back of some of the more vigilant practices that we were once used to.

Earthquake shakes finances as well as homes

Recently, the UK suffered its biggest earthquake for nearly 25 years. It was centred in Lincolnshire, and had a magnitude measuring 5.2 on the Richter scale, causing varying levels of damage across the country. But it wasn’t just property that was affected - one South Yorkshire man even suffered a broken pelvis when his chimney collapsed!

Shop around for home insurance savings

While the majority of homeowners take out home insurance alongside their mortgage, experts now say that this is not the best way to protect your house’s contents, and suggests that if house buyers take their time to shop around and assess several home insurance quotes, substantial savings could be made - particularly if you enlist the help of a specialist broker.

Identifying and dealing with debt

Few people in the UK manage their finances perfectly, with unsecured and secured loans, credit cards and mortgages adding up to a nationwide debt of billions of pounds. However, through various ways, getting debt under control isn’t an impossible task.

Commercial Finance- The Mortgage Meltdown

Commercial Finance- the Mortgage Meltdown explores the history of the mortgage meltdown of 2008, and the likely consequences to the public. The article looks back at the savings and loan crisis of the late 1980’s for comparisons. The effects on commercial finance, purchase order financing and accounts receivable financing are also discussed.

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