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How can I build better credit?
It comes down to having a history of good money management. Here's a few things you can do to boost your credit score: 1. Register to vote at your current address 2. Use…
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How to buy bonds?
First, you’ll need an online investment account. Once set-up, you can buy bonds when they are first issued, aka released, or buy them after issue from another investor. To buy at issue, you’ll…
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How much should my employer be adding to my pension?
As of April 2018, your employer has to contribute a minimum amount equivalent to 2% of your salary to your pension pot and you have to contribute 2.4%. After next April this rises to…
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If my parents give me money will I have to pay inheritance tax on it?
If your parent give you money seven years before they die it is exempt from Inheritance Tax. In the unfortunate event that your parent(s) die within seven years and their estate is above the…
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Before I start looking at homes to buy, do I need a mortgage approval?
The sensible thing to do is to see a Mortgage Adviser first to go through your finances and work-out how much you can (or would like to) borrow and ensure you can afford the monthly…
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What is a unicorn company?
It’s a privately owned, start-up with a value of $1 Billion or more. There are 91 companies in the world with this status. Most of these are from China and then the US.…
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Where is a safe place to put my funds that will give a reasonable return?
Lending money is regarded as the safest way to invest. It’s safer than buying shares because the price of shares move around, aka 'are volatile', which means the value of your investment changes.…
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What should I consider when buying stocks?
When you buy a stock, you become a shareholder of a company. So, short-term market movements aside, the value of your investment depends on the health of the business. Look for businesses that…
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Can I get a mortgage when I am on maternity leave?
It depends. If you are intending to go back to work and your employer confirms your return to work date and salary then this income can be used in the affordability accessment for a…
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How to get the best mortgage deal?
Seek independent advice and try to meet your intended adviser to ensure that you get along because you will have a fairly close working relationship for several weeks. They will have access to all…
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