One of the biggest costs is needing more space and the more children you have the bigger the need. You may also find that your property is not in a desirable catchment area for schools, so you might want to consider moving. Alternatively, if you don’t want to move then perhaps you could look at extending your house to create the additional room. Re-mortgaging can help free up valuable funds to pay for any work you want to do to your home. Our specialist mortgage advisers can guide you through the options and advise you on how much you can safely borrow.
Planning a family
Starting a family is such a special time; it comes with many additional financial demands, so planning for the future can definitely help things run more smoothly.
Planning a Family and its additional costs
Raising a family can be hugely rewarding but it also comes with some significant costs.
Saving for your children’s education
Whether you are saving for your children’s school or university, it is worth starting early.
As part of our Planning a Family service our expert financial advisers can recommend a portfolio of investments designed to deliver growth inside a fixed timeframe, so the money is ready exactly when you need it.
Savings for your children’s future
When it comes to building up savings for children, they have the major advantage of having time on their side.
Taking out a Junior ISA for your child when they are young and paying in regular amounts can reap benefits in the future. They will benefit from building up compound interest over the years and this can result in creating a substantial nest egg, which could help set them up in the future.
Protecting your family
Taking out the right protection becomes even more important when you have children because they are totally dependent financially on you.
Life Assurance cover, ensures your children get a lump sum to help with living expenses if you were no longer around. The impact of being seriously ill can also hit family finances. Critical illness cover could help you manage financially, if the worst happened.
How our advice service works
01.
Contacting us
Call us on 01273 774855 or click here to set up a free initial meeting with one of our financial advisers or mortgage advisers, either in person, over the phone or online whatever works for you.
02.
Getting to know you
One of our financial experts will meet you to chat confidentially about your current financial situation and future goals, they will also explain our services and charges. You are under no obligation to use our services and no costs will have been incurred. It’s simply an opportunity to meet each other and for you to decide if you think we are the right Independent Financial Adviser for you. We will give you a summary of our findings and the suggested next steps we recommend to achieve your financial goals.
03.
Presenting your plan
Our adviser will talk you through our recommendations which lay out your best financial options, based on your current requirements and future goals. We will design an investment strategy that is in line with your attitudes to investment risk, capacity for potential loss and personal timeframes. Essentially, it’s a road map for achieving your desired financial goals. If you are happy to proceed then we can complete the documentation.
04.
Ongoing review
Financial planning is an on-going and dynamic process and it’s unlikely that your financial circumstances will remain the same throughout your life. Periodically reviewing your plan will highlight any issues and where appropriate we can make any alterations that are needed. We believe this is key to helping you achieve your longer-term goals. We offer a range of management options and so will agree with you the method and regularity of any future contact.
Choose how to access our advice
Making it simple for you to get in touch!