Over two consecutive months, in November and December of 2018, we saw UK house prices fall by 1.5 per cent. This dramatic price drop is the greatest since 2012 and has been fuelled by many different factors.
There are a whole host of reasons why the new year is a good time to buy, Christmas has just been, you’re getting back into the work routine and with a fresh perspective plus determination, 2019 could be your year!
It can be a little daunting getting started on this resolution but it’s best to make a plan and to help, here are our top tips to get you started;
Understand your financial position
When it comes to owning a buy-to-let property, there are two ways to invest – in your personal name or via a limited company.
A recent study has revealed that landlords are increasingly investing in buy-to-let properties through limited companies, with 44% of completed buy-to-let mortgages now being through limited companies, that’s an increase of 42% from the previous quarter.
In our lifetime, a mortgage is generally the biggest financial commitment anyone will make, so it’s important to understand how to get the best rate and ensure your repayments are cost-effective and manageable. By remortgaging at the right time, you can save money, as well as take advantage of benefits you may not have known were available to you.
December is upon us again and Christmas is just around the corner
Over recent years, the number of self-employed workers and freelancers has increased significantly.
In fact, a recent report has revealed that there are currently 4.9 million self-employed workers in the UK, an increase of 48% compared to 3.3 million in 2001. This means that the self-employed account for 15% of the total working population.
CMME are happy to announce that we have recently partnered with Local Heroes!
Starting from the Wednesday 12th December 2018 this new partnership enables CMME client’s access to a comprehensive range of tradespeople in their local area who are skilled and vetted, ready to help with any home improvements or day to day issues. This online service is quick, easy to use and backed by British Gas.
When it comes to buying a property, there are a whole host of factors and costs to think about, from understanding your financial position and establishing how much you can borrow, through to finding the right property and making an offer, not to mention funding your deposit.
We are living in the era of the self-employed. Nearly one in six of us now work for ourselves – either as contractors, freelancers, consultants, or agents. Leaving the world of permanent employment is a big step and it’s not one to be undertaken lightly because it’s true to say that the first 12 months are a rollercoaster both emotionally and financially.
Over recent months, Prime Minister Theresa May has been negotiating an agreement with the EU concerning where the UK will stand in terms of trade, immigration, EU laws, and subsidies, when we leave the European Union in March 2019.