Landlords boosted by flurry of buy-to-let activity

Landlords boosted by flurry of buy-to-let activity

Mortgages
The flurry of buy-to-let activity before the stamp duty deadline helped to push annual returns for landlords up 12.2% in March, according to new data. Your Move and Reeds Rains said this is up from February’s figure of 10.7% and is the fastest annual rate of return for seen since November 2014. This means that the average landlord in England and Wales has seen a return of £22,135 over the last twelve months.  Adrian Gill, director of lettings agents Your Move and Reeds Rains, said: “In the short term, there has also been a scramble to buy property before the deadline. As a result, a flurry of interest from property investors has boosted values, and delivered a bonus for existing landlords through faster capital growth.  “In search of political points,…
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Home owners confident of house price rises in the next six months

Home owners confident of house price rises in the next six months

News
Despite the current uncertainty in the UK housing market over a possible Brexit, home owners are confident their property values will rise over the next six months, new data has revealed. According to the latest Zoopla Housing Market Sentiment Survey, nine in 10 British home owners believe the value of their property will increase over the next six months, with an expected growth rate of 9.5%. While analysts predict the housing market is about to cool as a result of uncertainty surrounding the forthcoming EU referendum, home owners expect their own properties to increase in value by 8.8% over the next six months – up 2% from the last survey taken in October 2015. Homeowners in the East of England and South East England are most confident, with 96% in both…
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‘We feel like teenagers about to leave home’

‘We feel like teenagers about to leave home’

Finance Planning News, Market Watch
The Finance Planning Group network launched with little fanfare yesterday, but there's nothing low-key about its plans. “We feel like teenagers about to leave home. That’s how exciting it is,” says Terry McCutcheon, CEO of The Finance Planning Group (FPG). The group with 60 advisers set out on its own after months of planning and preparation to leave Legal & General, following 16 years as an Appointed Representative (AR). It’s been a life-long relationship as McCutcheon (pictured) joined L&G in April 1988 as a financial adviser, moved into management in 1990 and ended up as an area sales manager for the insurer before leaving to start his own financial advice firm. McCutcheon says: “I really liked 90-95% of L&G’s network proposition, but for us to have more control over policy…
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Sussex firm partners with Legal & General and Shelter to battle bad housing and help the homeless

Sussex firm partners with Legal & General and Shelter to battle bad housing and help the homeless

Finance Planning News, General Interest
Sussex based Finance Planning Group has joined forces with Legal & General Mortgage Club to bring its brokers an original way of donating money to housing and homelessness charity Shelter. The scheme, known as “Brokering Change”, allows brokers to support the charity by donating a suggested £1 of the procuration fee they receive for each completed mortgage case. This exclusive scheme is the first and only of its kind in the UK, and has proved hugely popular already with Finance Planning Group, which currently has most of its employees enrolled on the initiative. All registered brokers receive a membership certificate, a Brokering Change logo to be used on their web and printed materials, and regular updates on how their money is helping homeless and badly housed people in the UK.…
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The real importance of Protection

General Interest
Since 2009, the Finance Planning Group has had a total of £8,876,221 paid to our clients and their families in 151 claims through our Life and Critical Illness Protection recommendations. We are very proud of this impressive number of successful claims, particularly as these average out to £58,783 per pay out. These claims statistics mean that over the period 2009 to the end 2014 on average we have had 2 successful pay outs each and every month. Indeed in 2014, we have had over 2 upheld claims per month. That’s an amazing number of individuals and/or families helped in some way by FPG’s advisers when they really needed assistance.
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Thank goodness I spoke to a mortgage broker – we’re £6,000 better off

Thank goodness I spoke to a mortgage broker – we’re £6,000 better off

Finance Planning News, Mortgages
Mortgages are difficult to compare and hard to get. Speaking to a mortgage broker can be the secret to finding the perfect deal - this family saved thousands of pounds. In the internet age, it may seem old-fashioned to go to a mortgage broker - not to mention paying them a fee as well. But when it comes to one of the most complex financial decisions you'll make, the advice of a professional can save you a lot of money in the long run. THIS FAMILY SAVED £6,000 “Thanks goodness I chatted to my mortgage broker, Richard Lucy from the Finance Planning Group, and took his advice,” says Salih Kuzubasoglu who is £6,000 better off after getting help to find a new deal in December.“I was on a two-year deal…
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