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Viewing entries tagged with 'advice'

Essential guide to property refurbishment

Posted by MMB Finance Swindon and Gloucester on 18 May 2019

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A growing number of property investors are realising that they can generate better returns by buying a run-down property and renovating it to achieve a higher re-sale price or retaining the property and benefitting from increased rental income. So, what are the options?

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What happens to your estate when you die?

Posted by MMB Finance Swindon and Gloucester on 25 March 2019

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With the majority of their wealth tied up in property, therefore one question is can your executors sell your rental property if you were a landlord? This needs to address their own demise unless they want to leave their loved ones in a right financial pickle. I only discovered recently, following the sudden death of a relative, how cruel the UK taxation system is when someone dies.

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State pension changes

Posted by MMB Finance Swindon and Gloucester on 13 March 2019

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Under the new pension rules, anyone with a birthday between December 6, 1953 and January 5, 1954 has seen their state pension age rise by up to three months, and their retirement date set at March 6, 2019.

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Leasehold trapped

Posted by MMB Finance Swindon and Gloucester on 8 March 2019

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A leasehold is when you own the right to live in a building but don't own the bricks or the ground it sits on. More than six million properties in England and Wales are leasehold, according to research. And just under 40% of new-build homes sold in the last two years have been leasehold.

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Pension contribution hike

Posted by MMB Finance Swindon and Gloucester on 17 February 2019

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Since 2012, 10 million eligible workers have been automatically signed up to workplace pensions. From April, their contribution will rise from 3% of their salary to 5%.

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