Tagged: Property

Property and Retirement Plans

Property as part of Pension

Why do people look to property as part of their retirement plans?

One attraction to investing in bricks and mortar in retirement is being able to see the physical asset, which you can’t in the same way with a pension. The most senior economist in the UK – Andy Haldane from the Bank of England – stated his preference for property investment as the best way to save for retirement, sparking a debate about whether property or pension was the best route 2 years ago.

For many, property investment is one aspect of their savings strategy for retirement and, for those who have already stopped working, an attractive way of supplementing their income.

If you would like to discuss your retirement strategy give 1st Financial Foundations Independent Financial Advisers a call and book your FREE review today 01908 523 420 / 020 3897 8100 or email info@1stff.co.uk

Property and Tax Seminar 30th March 2017

Property and Tax Seminar

Limited space available for our Property and Tax Seminar on Thursday 30th March 2017.

There are still a few spaces available for our seminar which will be taking place at the Abbey Hill Golf Club in Milton Keynes on the 30th March – so if you are interested in how the recent tax changes will affect your property and would like to hear our guest speakers Dan Morris from Crystal Specialist Finance and Mark Stephenson from Castle Trust further educate us then please email info@1stff.co.uk or call 1st Financial Foundations on 01908 523 420 for further information.

Venue: Abbey Hill Golf Club
Address: Abbey Hill, Monks Way, Two Mile Ash, Milton Keynes MK8 8AA
Date: Thursday 30th March
Time: Arrival 9.30am for 10am start -12 midday finish
Speakers: Dan Morris, Mark Stephenson and Yash Tosar

Tax checklist on buying a property

Tax checklist on buying a property

We at 1st Financial Foundations are always looking to update our clients on how to be tax efficient. This is a great article by Alan Pink who offers a helpful list of tax issues to consider when purchasing a property.

It’s generally recognised that buying a property comes somewhere on the list of highly stressful activities, along with divorce, Christmas, and filling in a VAT return. But the stress involved with arranging finance, chasing your solicitor, chasing your vendor, and wading through reams of ‘searches’ and so on, shouldn’t deflect your mind from considering the potentially very important tax aspects surrounding acquisition of a property.

So, here’s a check list, which hopefully will get you at least asking the right questions, from a tax planning point of view, when approaching a property purchase.