Is it time to fix your mortgages repayments?

April 23, 2018

Enables’ IFAs of Bishops Stortford always recommend reviewing your mortgage repayments. Back in November Bank of England governor Mark Carney announced a rise in interest rates he also said that there will be two more rises by 2020. This, in turn, has led to a flurry of activity among mortgage holders many of whom have moved to fix their rates and lock in monthly repayments.  Rachel Sprin... more >

How easy is it to move home?

April 21, 2018

Moving home used to feel like a relatively easy option but some recent BBC figures undertaken by Savills suggests homeowners are moving half as often as they did before the credit crunch. If you are looking to move home this year Enables’ IFA's can help you look at the factors that might be at play for you. The BBC analysis suggests the reason people are less likely to move include; high hous... more >

The need for Life Insurance

April 20, 2018

Making sure you have the right Life Insurance in place is a vital aspect of your financial planning. Enable’s IFAs of Bishops Stortford can help talk you through the right insurances for your circumstances. If you are buying a house Life insurance is a key component of the financing deal as it is designed to pay out a lump sum to clear your mortgage should you no longer be able to pay it. Mor... more >

Record high mortgage lending 

April 18, 2018

A recent market review by the Intermediary Mortgage Lenders’ Association IMLA suggests mortgage lending is forecast to reach the highest level since the financial crash of 2007. Enable’s IFAs of Bishops Stortford are always able to help you find the right finance to move onto the housing market or up the ladder. IMLA is forecasting that gross mortgage lending will reach £265bn in 2018. But... more >

Thinking about downsizing your home?

April 9, 2018

As we get older many of us think about downsizing our homes. Half of those aged 65 and over would be tempted to downsize, an increase of 300,000 people in the past 12 months, according to the latest data. Some say the UK could be on the brink of a huge property shift as 5.7 million people consider moving to smaller homes. About 38 percent of the age group would consider downsizing now, with an... more >

Clarity about buildings insurance is vital

April 7, 2018

When you are buying a home clarity about building insurance is vital. There is a big difference between buildings and contents insurance.  Enables IFAs in Bishops Stortford can make sure you have the right buildings insurance to cover the physical structure of the property including the walls, roof and floors. It is also important to have contents insurance but that only covers items inside th... more >

Dividend Allowance change from April 2018

April 3, 2018

The ‘dividend allowance’ is due to be cut from £5,000 to £2,000 from April 2018. Enables’ IFA's in Bishop's Stortford like to make sure you understand your tax allowances. So it is good to know what the dividend allowance change will mean in practice from April 2018. The dividend allowance was only implemented in April 2016. Before these dividends were paid to shareholders net, and mult... more >

Planning Inheritance tax – do you know the facts?

April 1, 2018

Inheritance Tax Planning is another factor in the managing of your allowances. Enable’s IFAs in Bishops Stortford like to make sure clients know about their inheritance tax exemptions. Every year there is a £3,000 annual exemption that is available on gifts made from your estate. If you haven’t used it in the previous year you can bring forward any unused annual exemption from then to gift th... more >

A LISA deadline looming…

March 19, 2018

There is a LISA deadline looming. Recently there have been a couple of ISAs on the market specifically aimed at helping people buy their first homes. The most commonly know is probably the HTB or ‘Help-to-Buy (HTB) ISA. But then there is also the LISA the ‘Lifetime ISA. This financial year is the first year that it has been possible to open a LISA and an HTB. It means that some people are i... more >

Making the most of your tax allowances

March 18, 2018

At this time of year, it makes sense to take a look at making the most of your tax allowances. Everyone gets a Personal Allowance of £11,500 the amount of income you can have before you start to pay tax and there are several more. Enable's experienced Financial Advisors have long worked with clients to make sure they use their annual allowances.  Tax allowances are an invaluable way of reduci... more >