Money Tips Daily by Charles Kelly, former IFA and author of

Subscribe to FINANCIAL EDUCATION FOR FINANCIAL FREEDOM for exclusive training and special offers to help you manage and increase your wealth! https://bit.ly/financialeducationforfreedom New warnings of a housing slowdown were issued this week as the number of people struggling with mortgages are forecast to reach a 15-year high, the Royal Institute of Chartered Surveyors (RICS) said. The RICS is t...

Cost of 5 year fixed rate mortgages soar to 12-year high Typical 5-year fixed rate mortgage now 6.02%, the highest since 2010, say Moneyfacts. Some 2-year fixed rates have topped 6% this week, up from just over 2% in 2021. Borrowers will be hit with massive payment rises when fixed deals expire. Watch video version - https://youtu.be/jMo0m_PYgaU Get control of your finances and learn investment fo...

Get control of your finances and learn investment for beginners In this video, I take you through the basics of getting control of your finances and learning how to become financially free. Watch video version - https://youtu.be/J8xSMrLDsNw With the cost-of-living crisis getting worse, there’s never been a better time to learn how to manage your money and change your financial blueprint. Check out...

Labour's attack on buy-to-let property landlords will wreck the UK private rented sector The Labour part – 33 points ahead of the ruling Conservatives in a recent poll - plans sweeping private rental reforms in the buy-to-let property market Labour's Shadow Levelling Up, Housing & Communities Secretary, Lisa Nandy, laid out the party's plans to reform the private rented sector on Monday. In he...

Interest rates to rise AGAIN after pound £££ fell to AL TIME LOW against US dollar $$$ The Bank of England may have to raise base interest rates again to prevent pound sterling from collapsing against the US dollar after it fell to an all-time low of just over parity 1.03 this week following the Friday’s mini-budget. Please LIKE and SHARE this free content and watch until the end for a special off...

The Chancellor Kwasi Kwarteng has cut Stamp Duty for 200,000 homebuyers to stimulate the property market a day after the Bank of England (BoE) has raised the UK base interest rate from 1.75% to 2.25% to combat inflation and warning that the country “may” already be in recession. A recession is officially measured by two negative growth quarters, which has not yet been recorded. The independent BoE...

Following the Queen’s funeral, it is time to get back to the reality of the crisis we are facing in the UK. UK interest rates set to rise again this week by the biggest margin in 33 years, as pound slides against the US dollar. Sterling has fallen to a 37 year low against the US dollar, the reserve currency of the world. This means that the UK is paying 15-20% more for imports, such as oil, on top...

Is Buy-to-Let Property Rent Control Law A Serious Threat To Landlords And Tenants? Landlords switching to holiday lets and SA (Serviced Accommodation) for less regulation and higher profits. Rent controls will drive private landlords away, reduce inventory and increase rents for tenants. World Banks say central bank interest rate hikes could cause a 2023 recession. US Mortgage Rates hit 14-year hi...

Before I answer that question, what do you think? I’ve seen a lot of comments like this on social media and wanted to say a few words about one of her biggest contributions to the UK. Leaving aside her support for over 600 charities, and numerous civic duties and constitutional duties which saw her work but over 70 years until almost the day she died, the Queen has made one huge contribution to th...

New Government, New King – What Will This Mean To Property Investors? In a momentous week the UK has witnessed a new incoming Prime Minster, Liz Truss, new government and team, change of housing minister and a new Head of State, King Charles III. What does this mean for property investors? Watch video version - https://youtu.be/eLnQ2gDWq08 Key Takeaways: · Queen’s death Bank of England delays base...

Energy Crisis - Government announce £150b package for bills to be capped at £2,500 for typical household The new UK Prime Minister, Liz Truss, has announced plans in the commons today to limit energy bill rises for all households for two years to help millions of people falling into hardship this winter. A typical household energy bill is to be capped at £2,500 annually until 2024. Businesses will...

Equity Release Lifetime Mortgages Explained By A Qualified Adviser How you can release or take capital from your home using a lifetime mortgage equity release scheme. Interview with Independent Equity Release expert, James Blair who explains the advantages pros and cons of drawing off capital from your home including: · How much can you borrow? · What are the interest rates? · Do you have to make...

London first time buyers will need an extra £34,500 of income on average due to rising interest rates · Sterling crisis could drive up interest rates · First time buyers are the largest buyer group in the country but they’re about to be hit with higher interest rates. Here’s what’s happening and how you can offset the rising rates. Key takeaways · First time buyers, the largest buyer group in the...

UK Property Talk – Learn how the rich legally avoid billions in tax and protect their assets from HMRC Interview with Milan Patel of Customized Financial Solutions taking a holistic approach to tax including: · Inheritance Tax Planning · Wills and Trusts · Company incorporation S.24 House prices have soared in the last few years, which means many of you will be paying unnecessary tax and passing o...

House sales peak in July as energy bills set to rise by 80% in October UK regulator, OFCOM, has hiked the energy cap which means average UK household energy bills are set to rise by up to 80% from 1 October. The Government has announced that all households in England, Scotland and Wales will receive £400 to help with rising fuel bills this autumn. The payment will appear as a credit on your energy...

7 Inflation Busting Tips As UK Inflation Hits 10.1%, A New 40-Year High, Food Costs Soar 14% And Wages Fall Behind Cost Of Living Food costs are rising by over 14% which has helped push UK inflation into double digits for the first time since 1982. Prices are now rising at their fastest rate for more than 40 years. Official inflation rates reach 10.1% in the 12 months to July, up from 9.4% in June...

UK House Prices FALL For First Time In Over A Year Say Halifax As UK Economy Shrinks In Second Quarter · UK house prices suffer their first drop in a year according to figures compiled by Britain’s biggest lender. · Average property worth £293,221 · Annual growth highest in Wales at 14.7% · UK Economy shrinks and heads into recession Average UK house prices dipped in July 2022 for the first time i...

As energy bills predicated to reach £4,000 per household and campaigners like Martin Lewis call for government action to stave off a national crisis, 100,000 people are threatening to cancel their bank direct debit payments to companies like EDF and British Gas. A campaign group, dontpay.co.uk, has almost 100,000 signatures of people who say they will refuse to pay their energy bills or cancel the...

Bank of England Raise Rates by 0.5%, as UK heads towards recession UK heading into recession say BoE, and Inflation set to hit 13% this Autumn Mortgage affordability rules relaxed by Bank of England The Bank of England (BoE) has raised rates by 0.5 percentage points to 1.75%. The news marks the biggest UK interest rate rise in 27 years. This is the BoE’s latest attempt to calm soaring inflation le...

6 Tips To Get On The Property Ladder Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood A slowdown in the property market means more opportunities for buyers and investor! You can learn the secrets of professional property investors who...

Property transactions down 55% on 2021, according to official figures. House prices may be rising but sales are slowing at an alarming rate. Years of artificially low interest rates have pushed millions of investors into buy-to-let property, where the can receive much higher income, as well as growth on their capital. Open House South Herts is advertising property deals in the north of the UK from...

Banks Ripping Off Customers, As Millions Move Money Into Property In today’s Money Tips Podcast: · Banks short-changing savers · Investors turn to property for better returns · Walmart issues profit warning as ordinary people in America struggle with cost-of-living crisis. · Property transactions slowing according to official data. High Street UK banks, like Natwest, have failed to pass on several...

Prior to the 2008 financial crash lenders were routinely giving out 100% and even 125% mortgages, self-certification mortgages with no income checks and up to 10 times income multiples. This all changed after 2008 when several lenders went bust and the government had to bail out High Street banks in the UK such as Lloyds and RBS, which owned NatWest. But it was not 100% or even self-certification...

Inflation hits 9.4% and will peak at 11% in the autumn say the Bank of England, which has hinted at an imminent 0.5% interest rate rise. The ECB have just increased interest rates by 0.5% to zero for the first time in over a decade. Rates have been negative since 2014. Public sector workers are threatening strikes, with unions complaining that a 5% pay rise will not keep pace with rising costs. Ov...

With the cost of everything from fuel to building materials and appliances going through the roof, there’s never been a better time to try and find ways to save money. In this episode, I take you through four ways you can save money whether you are a property developer landlord or buy to let investor. 1. Get a good property tax accountant and save a fortune 2. Join discount purchasing clubs such a...