September 30th’s PRA changes

September 19, 2017

Enable’s experienced IFAs have seen the buy to let sector undergo a number of changes in recent years. For investors in housing it has been a period of challenge and with the Prudential Regulation Authority’s (PRA) second phase of new underwriting standards for buy to let lending coming into effect on 30th September, there is a bit more change for the sector to come. So what does this new c... more >

Don’t miss our 1 hour financial advice LIVE Q & A session on our ***FACEBOOK PAGE *** tonight at 9pm

Ask our specialist IFA and Managing Director Mike Cooke any question you would like without having to leave the comfort of your home. Do you have a question regarding a BTL investment? Thinking of lending money to your kids? Planning to downsize or upsize? Need advice Is now a good time to sell? Need help understanding the recent pension changes? Just connect on-line to ask any questions..... more >

WEAKER STERLING DOES HAVE AN UPSIDE

September 11, 2017

Ever since the inflation that followed Prime Minister Harold Wilson’s claim that the 1967 devaluation would not affect the pound in their pocket, the British public has perceived a weakened currency as a bad thing. Agreed, it makes foreign holidays and many imports costlier, but it also has an upside. Recent data has highlighted the way in which sterling’s loss of value against the euro, US... more >

MARKETS: (DATA COMPILED BY THE OUTSOURCED MARKETING DEPARTMENT)

On the last day of August, the third round of Brexit negotiations in Brussels ended in “no decisive progress” according to Europe’s chief Brexit negotiator Michel Barnier. Upbeat Chinese and US economic news provided some light relief, while geopolitical tensions over North Korea persisted. UK stocks ended the month in positive territory. The blue chip FTSE100 peaked on August 8th at 7,54... more >

JOBLESS RATE SHRINKS, BUT SO DOES REAL PAY

September 9, 2017

The headline UK unemployment rate, which peaked at 8.5% in 2011, has been defying traditional economic wisdom since wrong-footing the Governor of the Bank of England. When Mark Carney issued guidance in August 2013, he said no interest rate rise would be considered until unemployment fell to 7%. Back in 2013, as a newcomer, the governor may have been unfamiliar with Goodhart’s Law, a principl... more >

MEASURING INFLATION: ONE SIZE WILL NEVER FIT ALL

September 7, 2017

The latest quarterly Inflation Report from the Bank of England published in August provides an in-depth analysis of homegrown and imported factors known to influence the rate of inflation. A major conclusion of all the number crunching and judgment calls is that year-on-year inflation – as measured by the CPI – is likely to peak this autumn at about 3%. The official target is 2%. Traditiona... more >

INTEREST RATE SAGA CONTINUES

September 5, 2017

When, in early August, the Bank of England (BoE) Monetary Policy Committee (MPC) voted 6-2 to leave base rate at 0.25%, a long-running interest rate saga continued. It began in March 2009, when the MPC cut base rate to a mere 0.5% to help borrowers, banks and the economy after the global financial crisis. March 2009 also saw the FTSE 100 at a six-year low around 3,500. Since then, the base rate w... more >

Enable sponsors Manuden 10K Fun Run

Enable Independent are the proud sponsors of this year's Manuden 10K fun run taking place on the 17th September in order to raise money for the charity Pancreatic Cancer UK as well as various other village organisations and charities. If you would like to take part in this year's Manuden 10K fun run then please follow this link to download a form and to find out more information. So far they... more >

BTL mortgages harder to arrange after September

September 3, 2017

Enable’s IFAs in Bishop’s Stortford know that if you have been thinking that the best thing to do in your retirement is to supplement your pension with a rental property then you are not alone. But tougher buy to let lending criteria, due to be introduced in September, may make it more difficult for you to obtain finance. The National Landlords Association’s (NLA’s) most recent quarterl... more >

Looking for a home buying savings product?

September 1, 2017

Enable’s Independent financial Advisors are often in conversation with people wanting to buy their own homes.  It is good to see that more than one million Help to Buy ISAs have now been opened since they were launched in 2015.  They are there to try and help first time buyers across the UK save towards their first home. The latest figures indicate that first time buyers have saved over £1... more >