What are the different types of mortgages and what do they mean?
ALL types of mortgages work in the same basic way – you borrow money to buy a property over a set term and pay interest on what you owe. How much you pay back each month is determined not only by how much you’ve borrowed, and the rate of interest you’re paying, but also how […]
The Pros of Equity Release
THERE are pros and cons of equity release but let’s look firstly at the pros, but, firstly, here’s a quick reminder as to what is equity release? Equity Release is a financial product used by people who are aged 55 plus to release cash which is locked up in their homes. It is a bit […]
Selling Your Business – Get Everything in Order!
SELLING your business can be a big deal and it’s normally never a decision business owners take lightly. If you are in this position, where you and your business are parting ways, you will need a good exit strategy in terms of valuations, who’s going to buy it, what are the terms of the sale, […]
What is Commercial Refinance and Can It Help My Business?
What is commercial refinance and is this something Worldwide can help me with? Yes it is. Our independent commercial finance advisers will be happy to help you with a commercial refinance for your business. As soon as you contact us you will be assigned your own dedicated independent commercial broker. Your dedicated broker will discuss […]
Pension planning for company directors
PENSION planning may not be your main priority if you’re a self-employed director of your own limited company, but, it’s important to think about setting money aside for yourself after retirement. Pensions can be a confusing concept to get your head around, and, if you’re running your own business, it’s likely you’ve already got enough […]
Business grants and the alternatives!
STARTING a business of your own can be a daunting enough process. There’s a huge responsibility but getting your money right from the beginning is important. Do this right and you’re automatically removing a fear factor which could actually stop you in your tracks before you even begin. Here we look at business grants and […]
Solutions for Business Finance
WHEN you are seeking solutions for Business Finance speak to your team at Worldwide Financial Planning. We are a team of independent financial advisers which means, collectively, we have a wealth of expertise when dealing all business finance solutions. As part of our solution, we have professional working partnerships with other independent professional specialists for […]
What is Stamp Duty Land Tax?
STAMP Duty Land Tax, or Stamp Duty as it is more commonly known in England and Northern Ireland, is a tax which must be paid if you purchase land or a property which costs more than a specific amount. In Wales, you pay a Land Transaction Tax and in Scotland, you pay a Land and […]
Mortgage Interest Rates and Why They Matter
MORTGAGE interest rates are usually set by a mortgage lender and may be influenced by the Bank of England’s base rate. Interest is the money you pay to your lender in return for borrowing money from them for a mortgage. You will pay a percentage of the amount you borrowed and this is called the […]
How Much Does Long Term Care Cost?
FOR some people, planning for Long Term Care is easier for some than for others because, on top of thinking about your health, you do have to think about how much does Long Term Care cost? If you become ill, do you have someone in your family who will be fit and able, as well […]
How We Help You With Long Term Care Annuity
IT’S hard for any of us to sit down and think about what may or may not happen to us in the event of an illness, or, our needs when we are dependent on others, but exploring the need for Long Term Care annuity is something we can help you with. The reason being of […]
Inheritance Tax Rules For Married Couples & Civil Partners
WHEN it comes to Inheritance Tax there are Inheritance Tax rules for married couples and civil partners. When you die, assets left to your spouse, or your civil partner, are exempt from Inheritance Tax, provided they are living in the UK. If the first partner dies, and leaves their entire estate to their partner, there […]