Why getting financial advice now on mortgage rates is important! Mortgage rates are shooting up and this has implications not only for day-to-day household budgets but it’s likely causing huge numbers of borrowers to struggle to pay their mortgages. This will not just affect those on tracker rates who, for the first time in
Q My partner and I saved diligently for a deposit so we could buy our first home. We have a respectable sum saved, but are getting confusing messages about whether now is a good time to buy. On one hand we hear the housing market is in crisis and we should buy when we can,
My partner and I are cohabiting, but what are the implications in terms of inheritance tax? Q My partner and I bought a house seven years ago and while we do not intend to marry we are in a committed long term relationship. We have taken out life cover but friends frequently advise we should
I’m worried about my mortgage repayments. What should I do if they rise? Q My mortgage repayment is rising all the time, it is beginning to cause me stress. When I asked my lender, I was informed I cannot fix the rate. I’m worried repayments will rise to a level I can’t afford. What happens
Financial Health Check: Don’t put off what you can do today! IF you want to get fit, you need to become determined to achieve targets. Finance should be treated in the same manner. Ultimately, financial planning is about tailoring a solution to meet your precise requirements. There are a number of ‘universal’ needs that
Budgeting in the current climate: how can I get my spending under control? Q I’m finding it difficult to budget at the moment to the constant changes to prices, interest rates and so-called expert opinions on what’s going to happen. How can I budget better and try get both my spending and saving under
“Hey SEFS! We’ve worked hard and built us a good business. It’s not massive but we’re very proud of it and want to pass it to our children. What’s the best way to do that?” Though it can be analysed in various ways, there are two key (and very much intertwined) broad objectives that
What is life insurance? I’ve been told that I need life insurance but as I don’t have any children do I really need it? Life insurance is a simple product designed to provide a lump sum or monthly income payment on death. It is designed to provide your dependents with financial security on your
New Year’s Resolutions – how to give your finances a thorough health check this January It’s still January but I wonder how many of us made and stuck to our New Year’s resolutions. Instead of committing yourself to some elaborate resolution, which may be all but impossible to keep, why not think about taking
Q. Have you considered the impact your death, the death of a key employee or business partner would have on your business? A. Business owners and their families throughout Ireland are facing this issue every day. Some, however, are much better prepared than others. As a business owner, you protect your property, your vehicles and equipment.