Saving for a first home or retirement at the same time. The start of the new tax year on 6 April 2017 saw the launch of the Lifetime ISA (LISA), which was announced in the 2016 Budget. (more…)
Jun 14, 2017 By Prism IFA Mortgages & Property, Pensions & Retirement Read more
What the over 50s do with their money once the mortgage is paid off. Britain’s over 50s are splashing their extra income they receive once they’ve paid off their mortgages on holidays, home improvements and gifts for their children[1], while less than one in four are using the money to top up their retirement savings, new research from Saga Investment Services has found. (more…)
Aug 22, 2016 By Prism IFA Mortgages & Property, Pensions & Retirement Read more
Two in three agree living with family is beneficial. Multigenerational households could be set to grow in popularity as property costs continue to rise. A new report from Aviva suggests that based on the rate of growth seen in the past 10 years – and assuming house prices will continue to rise – there could be 2.2 million people living in multi-family households and 3.8 million 21–34-year ...
Jul 25, 2016 By Prism IFA Mortgages & Property Read more