Associate Partner at St. James's Place

10/02/2024

Are you struggling to save towards a deposit for a new home?
The government is considering a scheme that guarantees 99% loan to value (LTV) mortgages in a bid to support first-time buyers to get into property ladder with smaller deposits.
Here, we lift the lid on 99% LTV mortgages and what they could mean for you. Lets understand how it works.
Key takeaways for you:
-The government is considering backing 99% LTV mortgages to help first-time buyers , according to media reports.
-What it means is that aspiring homeowners would only need to provide a 1% deposit on their new home.
-While there are no exact 99% LTV mortgages currently on the market on offer, but 100% and 95% mortgages are currently available.
https://partnership.sjp.co.uk/par.../nebulafinancialplanning

02/02/2024

Did you know?

02/02/2024

01/02/2024

Monetary Policy Committee Announcement and Monetary Policy Report published

Bank rate maintained at 5.25% - February 2024
1 February 2024

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 31 January 2024, the MPC voted by a majority of 6–3 to maintain Bank Rate at 5.25%. Two members preferred to increase Bank Rate by 0.25 percentage points, to 5.5%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%.

29/01/2024

Very good discussion about economics expectations relates to mortgage market in 2024.

Join our first coffee morning of 2024, hosted as always by Sophie Holloman, Key Relationship Manager at Legal & General Mortgage Club. Sophie will be joined by Max Sheppard, Group Economist at Yorkshire Building Society. Max will look at what happened across 2023 from an economic perspective and how...

28/01/2024

What is the future of real estate in the UK?

Estate agent Savills predicts that UK property prices will fall by 3% in 2024, before recovering in 2025 and rising by 3.5%.
Lloyds Bank has forecast a further 2.4% decrease in house prices over 2024.

17 Jan 2024

19/01/2024

As we approach the end of the Tax Year, it's crucial to start thinking about your tax planning for the forthcoming year-end. Whether you're a business owner or an individual, strategic tax planning can make a significant impact on your financial well-being.

Contact me today for advice and to help you to navigate the complexities of the tax landscape and set the stage for a financially successful year ahead!

www.nebulafinancialplanning.co.uk

Taxation rules can change at any time and are dependent on individual circumstances.



Nebula Financial Planning is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) The St. James's Place Partnership' and the titles `Partner' and `Partner Practice' are marketing terms used to describe St. James's Place representatives. SJP Approved 16/11/2023

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10/01/2024

If you are waiting to buy a property because of high interest rates, here is some thoughts!

In 1957, interest rates jumped significantly meaning mortgage rates were 7.5%. If you waited for interest rates to go down to what they were 18months before, you wouldn't have purchased a home until 2008.

You would have rented for 51 years waiting for rates to go down, meanwhile the value of property increased by 9,351% (that is not a typo)

Don't wait to buy property.

Buy property and wait.

Have a great week everyone