Pensions advice for Wirral residents

No matter how old or young you are, it’s never too early or too late to make decisions about your pension savings. For impartial (more…)

Bank of England forecasts increased inflation rise

The Bank of England published its Inflation Report in May, revising its forecast to a higher figure than three months ago. (more…)

General election delays cut to pension annual allowance

People who have already withdrawn some of their pension savings can currently contribute a maximum of £10,000. This was due to be cut to £4,000 in April as part of the government’s Finance Bill, but this (more…)

How can independent financial advice help my growth plan?

To protect and grow your wealth, an independent financial advisor (IFA) can make all the difference. For many years, Endeavour Financial Planning has provided IFA services in the Wirral region. To discuss your financial plans, why (more…)

What initiatives are helping the Wirral economy grow?

With the Wirral having a growth plan in place and hoping to achieve it by 2020, a number of local initiatives are playing their part.

A notable one of these is (more…)

UK economy sees growth slowdown

The Office for National Statistics has announced that the British economy grew by 0.3% at the start of 2017 compared to a (more…)

British economy forecast to grow above expectations

For the second time in three months, the International Monetary Fund (IMF) has revised its forecast of UK growth and (more…)

Wirral house prices see 6% rise

According to the Office for National Statistics, home prices in the Wirral have increased by 6% over the last year.

The average home in the Wirral area is now worth £152,416, which is almost £9,000 higher than a year ago.

The average house price rise in the UK over the last year is 5.8% which makes the Wirral area slightly above the national average.

House prices on the peninsula are still some way behind those in London, where the average home costs £475,000. In the London boroughs of Kensington and Chelsea, the average house costs a huge £1.4m.

The house price rise is good news for Wirral residents who already own their own home, but means that people who want to buy their first home will need to save longer for a deposit.

Fortunately for first-time buyers in the Wirral area, there are affordable housing schemes for both new and old properties which allow houses to be purchased at below market prices.

If you own your home, you can take advantage of your house price rise by remortgaging the property. This can be done to release equity tied up in your home, or you can remortgage for a mortgage at lower interest rate in order to reduce your mortgage payments. There are also lifetime mortgages and home reversion schemes that enable you to access the money tied up in your house.

For help about all types of property finance, talk to Endeavour Financial Planning – your first choice for independent financial advisors based in the Wirral.


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