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Insights from the Charles James team
What The Interest Rate Rise Means For You
Despite the base interest rate increasing in November 2017 - the first increase in more than a decade - the Bank of England has announced another increase.
The UK Could Soon See A Basic Savings Rate
Banks may soon be forced to offer a minimum interest rate in an attempt to tackle poor returns on customers’ savings.
Do I need Contents Insurance?
A lot of people tend to overlook building and contents insurance for their homes, but it may be much more important than you think…
First-Time Buyer Numbers Exceed Home Movers
For the first time in 23 years, the number of first-time buyers has exceeded the number of current home owners looking to sell.
UK Household Savings Lowest Since 2005
A rise in consumer spending has seen savings levels drop to their lowest level in 13 years.
12% of Your Salary Should Be saved Into A Pension
According to a new report, workers should be saving at least 12% of their annual wage into a pension.
5 Things You May Not Know About Wills
With a huge number of adults in the UK not having written a Will yet, we take a look at some key pieces of information around Wills that you may not know…
Is Now The Best Time To Take Out A Mortgage?
Mortgage rates look set to increase, with many in the industry claiming it is better to take out a mortgage sooner rather than later.
England Fans Advised To Take Out Travel Insurance Before The World Cup
Many England fans travelling to Russia for the World cup run the risk of large financial hits should they neglect to take out travel insurance.
Financial Scams on The Rise
A fifth of all scams reported to Citizens Advice’s Consumer Service are related to financial or legal services.
Over 40s Urged To Make Up Pension Deficit
Hundreds of thousands of over 40s are at risk of being left short when it comes to their retirement savings.
Get Advice Before Withdrawing From Your Pension
Pensions freedoms have brought financial flexibility for those entering retirement age, however you must be aware of the consequences of withdrawing lump sums from your pension pot, especially if you plan on doing so before retirement age.
35 Year Olds Should Have Double Their Salary in Savings
According to a leading investments firm, workers should have double their annual salaries in savings by the time they reach their mid-30s.
Bank of England Holds Interest Rates at 0.5%
Despite predictions that interest rates would increase in May, the Bank of England has held rates at 0.5%, after they also cut growth forecasts for 2018.
How To Buy a House With A Lifetime ISA
Lifetime ISAs are almost a year old, but many people are still confused about how to claim their 25% interest.
25% of Pensioner Households Have Zero Savings
Latest government figures reveal that a quarter of all pensioner households have no money saved for retirement.
Simple Steps To Start Saving
Most people would like to build up a healthy rainy day fund, but many struggle to get started and structure their saving. We take a look at some simple steps to kick starting your savings accounts.
Taxation Changes For The New Tax Year
The new tax year has arrived, and with it comes sweeping changes to the way you pay tax…
A Fifth of Parents Have Borrowed From Their Children
New research has shown that 19% of parents have borrowed cash from a child’s savings account.
Could Interest Rates Increase in May?
The Bank of England has so far kept interest rates on hold, but there are indications that they could rise in the near future…