A digital-only bank is one that provides all its banking facilities through free-to-download app platforms on mobile and tablets. There are no physical branches and their services are provided through automated processes and in-app chat. As with a traditional current account, you get an account number and a sort code, and can receive and send […]
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Google Pay – previously known as ‘Android Pay’ – is a rival to Apple Pay. Essentially, it’s a digital wallet platform and online payment system that allows you to make purchases with your mobile devices, including android phones, smart watches, and tablets. While Apple Pay only works with the iPhone and other Apple devices, Google
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In the UK, gifted money is taxed to prevent people avoiding inheritance tax by giving away all of their money before they die. You will avoid paying tax on gifted money if any of the following applies: You are gifting the money to an exempt beneficiary You are gifting less than £3000 You gift it
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The Right to Buy scheme is a straightforward process, which supports eligible council and housing association tenants all over England to buy their own home. This makes it possible to for people to buy the properties that they live in at a big discount. The scheme exists to give families a discount of as much
Understanding the Right to Buy scheme. Is it right for you? What are the pros and cons? Read More »
Managing your personal finances is a very important responsibility. While you can do your best to budget and save, financial setbacks do occur from time to time. If you do not have the money set aside to cover a setback, you will likely need to consider other options to pay for the expense. Three options
Credit card, loan or overdraft? What’s the best option for me? Read More »
Paying all of your bills and other financial obligations on time each month is very important. Those that are able to do this will have a higher credit score and pay less money on interest and late fees. While paying all of your bills on time is important, it is easy to forget to do
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Look into Guarantor Loans One reason why banks will shy away from mortgages with no or low deposits is because the underlying borrowers typically do not have a very sizable income or a lot of assets. You can help to alleviate this risk if you are able to get a guarantor for your mortgage loan.
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There are a number of considerations when selecting the right life insurance policy for you. Factors include: How long you require cover for The final pay out amount How you would like the final pay out to be paid Length of cover There are a number of timescale options to choose from Cover for the
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