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Viewing entries posted in 2016

Tax Efficient Commercial Property Purchase

Posted by MMB Finance Swindon and Gloucester on 1 January 2016

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Tax Efficient Commercial Property Purchase.

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Will interest rates rise in 2016? And are you prepared if they do?

Posted by MMB Finance Swindon and Gloucester on 1 January 2016

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As Mark Carney has learned to his cost, trying to predict when interest rates will rise is a difficult business. However, it remains possible that we will see at least one rate rise by the end of 2016, so it's vital to check whether your finances are in the right shape to cope with a rate rise, or whether your mortgage, could leave you with a real headache. Predictions over whether rates will rise have been swinging wildly. In the middle of 2015 we believed we'd have the first rise by the end of 2015, but the market crash in August changed all that. Towards the end of the year, commentators were pushing back their expectations.

As things settled down, there were some who felt that rates wouldn't rise until 2017, some who expected rates to start rising at the end of 2016, some who expected the first rises in the summer of 2016, and some who think there will be rises before June.

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