If you’ve been saving up to buy your first home, it may feel like the goalposts have been moved. First-time buyers are often told to save between 5-10% for a deposit on their home. But the impact of coronavirus means that lenders are likely to be demanding double this figure, Ian Potter, Pembroke Financial Services’s Principle Mortgage and Equity Release Adviser, explains why.
As Covid-19 health concerns begin to fall, worries have shifted to the long-term economic impact. 90% of people are worried about what the lockdown and restrictions mean for the economy.
It’s natural to wonder what will happen if things don’t go according to your plans. Cashflow planning can help you understand potential impacts and put safety nets in place where necessary.
Should you choose a guaranteed income in retirement or an option that provides flexibility? Considering five questions can help you decide which is right for you.
Research suggests that men and women have reacted differently to market volatility, but is one of the approaches ‘right’? We look at three key areas here.
The Bank of England base rate has been cut to just 0.1%, it could mean an opportunity for mortgage payers to reduce their outgoings in the short and long term.
There are thousands of podcasts to choose from, covering almost every topic imaginable. If you want to brush up on your financial knowledge, we’ve got five podcasts that could help.
ISAs, or Individual Savings Accounts, have been around for over 20 years. Back in 1999, then Chancellor Gordon Brown introduced the product in the hope of encouraging more people to save for the future. Since then, they’ve become an essential part of many financial plans. Over the past 20 years, the maximum annual contribution has risen from £7,000 per tax year to £20,000 for 2020/2021….
Chartered Financial Planners, Frances Boiling and Guy Ovenden and new Adviser, David Brunning, of Pembroke Financial Services Ltd, one of Sussex’s leading Independent Financial Advisers and specialists in Pensions advice have all received the Pensions Transfer Gold Standard award. The award symbolises Pembroke’s promise to provide the very highest standards of advice and service in the field of Defined Benefit (DB, sometimes still known as Final Salary) pension transfers….
These last few months have been interesting times for us all and we want to thank, from the bottom of our hearts, all of those keyworkers from all occupations and walks of life who have risked their own lives and gone to extraordinary lengths to allow the rest of us to even contemplate a return to what might be a very different ‘new normal’. Even before lockdown was enforced, Pembroke determined that our IFAs and staff would not compound the national state of affairs and restricted all physical contact to reduce the possibility of spreading the virus to our clients or other professionals with whom we work…