GAM Home Loan Specialists

16/10/2025

🎥 LIGHTS, CAMERA, FIREWORKS! 🎆
Back by popular-demand, the Kenilworth Fireworks Spectacular has a theme — and it’s a blockbuster! This year we’re lighting up the sky to the soundtracks of many iconic movie scores.

Since it’s also movie week on Strictly, we want to know…
💬 Can you guess which films might feature in our display?

⭐ Save the date: Saturday 8th November
🎟️ Tickets: krt.org.uk/fireworks

07/10/2025

✨ It's just 38 days to go until Kenilworth’s favourite fireworks show lights up the sky!

Over the next month, we’ll be sharing stories of the local charities you’ll be supporting, and introducing some of the amazing volunteers who make this community event possible.

🎆 Don’t miss out—grab your tickets today: krt.org.uk/fireworks/

03/09/2025

🎆 Tickets ON SALE NOW! 🎆

Join us for our 36th Kenilworth Fireworks Spectacular charity event - lighting up the skies above the iconic Kenilworth Castle on Saturday 8th November 2025!

Proudly supported by English Heritage, this year’s show promises some fantastic magical moments for all the family! Oh, and that reminds me, did we mention we’re also introducing family tickets this year? 👀

As always, all profits from the event will go towards local charities & causes that are making a huge difference in our community ❤️

🎟️ Don’t miss out! Grab your tickets now: krt.org.uk/fireworks
🕠 Gates open 5.30pm
🎇 Mini show @ 6.15pm, followed by main display @ 7pm
📣 Follow us for updates, theme announcements and more!

11/08/2025

On August 7, the Bank of England reduced interest rates from 4.25% to 4%, the lowest since March 2023, impacting mortgages, savings, and inflation

26/06/2025

Buying a New Build….?
Have you heard of the New Build Ombudsman?

24/06/2025

Taking your first step onto the property ladder is incredibly exciting—but it can also feel a bit…

Buying Your First Home? Here’s What You Need to Know Taking your first step onto the property ladder is incredibly exciting—but it can also feel a bit overwhelming. With so many decisions to make and unfamiliar terms being thrown around, it’s easy to get lost in the process. That’s where a m...

18/06/2025

Are You One of the 1.2 Million UK Savers Facing an Unexpected Tax Bill? Here's What to Do Next.
Many fixed-rate savings accounts are now maturing, and while the higher interest rates were certainly welcome, they could also lead to an unexpected surprise: a tax bill!
The Bank of England's interest rate rises have meant that for the first time in a while, a significant number of savers are earning enough interest to exceed their Personal Savings Allowance (PSA). With around 1.2 million fixed-rate accounts maturing this year, it's a very real issue for many households.
What you need to know:
• Personal Savings Allowance (PSA): This is the amount of savings interest you can earn tax-free each tax year.
o Basic rate (20%) taxpayers have a £1,000 PSA. So if you put £20,000 into your bank account at a 5% rate then the interest would be £1,000. PSA gone.
o Higher rate (40%) taxpayers have a £500 PSA.
o Additional rate (45%) taxpayers have no PSA.
• What happens if you exceed it? Any interest earned above your PSA is taxable at your marginal rate of income tax. HMRC will often adjust your tax code or ask you to declare it via Self Assessment.
• Don't forget ISAs! Interest earned within an ISA (Individual Savings Account) is always tax-free, regardless of how much you earn. This makes them an invaluable tool for tax-efficient savings.
Next Steps:
1. Check your statements: See how much interest you've earned on maturing accounts.
2. Understand your PSA: Know your allowance based on your income tax band.
3. Review your options: Consider whether shifting some of your savings into an ISA could be beneficial for the current tax year and beyond.
Unsure about your savings tax or looking for ways to optimize your savings strategy? Our expert advisors can help you understand the rules and make the most of your hard-earned money.
📞 Contact us today for a no-obligation chat.
www.gamhls.co.uk

09/04/2025

💰 How Overpayments Can Save You Thousands on Your Mortgage! 🏡
Did you know that making overpayments on your mortgage can cut years off your term and save you thousands in interest? 🤯 Here’s how it works:
🔹 What is an overpayment?
An overpayment is when you pay extra on top of your usual monthly mortgage payment. Most lenders allow you to overpay by up to 10% of your loan balance per year without penalties.
🔹 How much can you save?
Let’s say you have a £200,000 mortgage on a 25-year term with a 4% interest rate. Your monthly payment is around £1,056.
If you overpay just £100 extra per month, you could:
✅ Save over £15,000 in interest
✅ Pay off your mortgage 4 years earlier!
🔹 Why consider overpayments?
✔️ Reduce your loan balance faster
✔️ Pay less interest over time
✔️ Achieve mortgage freedom sooner 🚀
💡 Tip: Always check with your lender if overpayments are allowed without penalties!
Would you overpay on your mortgage if you could? Let us know in the comments! 👇🏡💬

04/04/2025

https://kenilworth.nub.news/news/local-news/sp8694-kenilworth-estate-agent-optimistic-for-2025-property-market-256053?utm_campaign=website&utm_medium=email&utm_source=sendgrid.com

Julie Philpot of Julie Philpot Residential remains optimistic about the 2025 property market after a robust 2024, despite facing challenges

26/03/2025

Chancellor Rachel Reeves delivered the Spring Statement today, outlining significant changes that could impact financial planning strategies for individuals and businesses alike. With key reforms in pensions, ISAs....

Chancellor Rachel Reeves delivered the Spring Statement today, outlining significant changes that could impact financial planning strategies for individuals and businesses alike. With key reforms in pensions, ISAs, and infrastructure, these updates could influence your investment, savings, and retir...

26/03/2025

📢 Spring Statement 2025 – What You Need to Know!
Chancellor Rachel Reeves has announced key financial changes that could impact your wealth, savings, and retirement plans. Here are the highlights:
💰 Pensions & Inheritance Tax – From April 2027, pensions will be subject to inheritance tax. Time to review your estate planning!
🏡 Affordable Housing Investment – £2bn allocated to build 18,000 affordable homes.
📉 Growth & Inflation – UK growth forecasted at just 1%, while inflation is set to peak at 3.8% in July.
📊 ISA Contribution Limits – Potential changes coming soon. Will they go up? Stay tuned!
🚧 £100bn for Infrastructure – Major investment in transport, energy & digital projects.
🔍 These updates could affect your financial future. Speak to our experts today and make sure your plans stay on track!

18/03/2025

Alex Sharp of GAM Home Loan Specialists outlines factors impacting borrowing limits, including income, debts, deposit size, and credit history.