Now we are into 2018, how many people actually made new year resolutions? You may think this can be too woolly, especially when you make some and never achieve them. It is different in financial services, especially when done through MAP.
Let us start with possibly your main goal – pensions. If you sit down with a MAP adviser and tell them what you would like to achieve and by what date, they could tell you if this was feasible or not. They will be more than prepared to work through things with you to set logical goals, and then work with you over the period concerned to reach them.
Let’s say for example, you would like to get £20k per year in pensions. If we deduct the basic DWP pension of £8,100 per year at age 65, you would only need to get £11,900 per year from any personal pension.
Using very conservative growth rates would give us an indication of how much you would need to save every month to achieve your target. More importantly, when we reviewed your pension at regular intervals, we would keep you updated as to how you stand in terms of achieving your target. Our existing clients find it very helpful when we put things down simplistically like this – finances that are then easy to understand.
If you are saving to repay a mortgage, or maybe even save up enough for a deposit for house purchase, MAP can keep you updated at regular intervals, and also where you are in percentage terms of achieving your targets/goals.
We have seen a lot of people saving money and they just haven’t a clue as to whether they are putting away the right amount or not. And if it’s not, by the time some people realise it, it’s far too late.
Why not put us to the test? Tell us what you would like to save for, how much and for what date, and we will guide you accordingly. We are happy to offer that helping hand, and once we have done this, and with our investment process, we are then happy and willing to work with you to achieve your goals. Moreover, we keep it all in simple language.
For further information on any aspect of financial advice and how MAP may be able to assist you, please contact us on 0345 241 1808 or email us at: email@example.com.
The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Links to external sites are for information only and do not constitute endorsement. Always obtain independent professional advice for your own particular situation. Money Advice & Planning Ltd is authorised and regulated by the Financial Conduct Authority.
There are many different types of mortgages available on the market. Trying to find the right one to fit your circumstances can therefore be a daunting task, and this can only be made worse when considering the stress if you are moving home too.
The first and most important step is to decide what mortgage requirements are needed:
If you are looking for information and advice on equity release, to get money out of your property, click here.
This narrows down the products which can be considered. Thereafter, finances need to be looked at in very close detail, as that determines whether or not a mortgage will be offered, and on what terms.
Mortgage lenders scrutinise every aspect of applicant’s finances. They need to be comfortable lending to people with sufficient income (to ensure monthly payments are affordable), savings and investments (to ensure ‘failsafe’ money is available), and outgoings (to ensure money is not ‘disappearing’ elsewhere).
This therefore makes things more awkward for some people, but it’s not all bad. Some lenders have incentives to make themselves more appealing to potential customers, whilst special ‘deals’ are available for right to buy cases or first time buyers. All in all, it is a maze you can easily get lost in.
Add to this the stress and difficulty of dealing with existing lenders (if remortgaging or undertaking debt consolidation), estate agents and removal firms (if moving), solicitors and surveyors; it can get too much for some people. Help is therefore needed to organise as many aspects as possible.
MAP will guide you through the mortgage maze.
Whether you are looking to purchase your first property or move to a new one, transfer to a new mortgage to reduce your monthly expenditure, or purchase a property for investment, MAP can help. We are adept at searching the entire mortgage market to find the best deals available to you. We can then take care of as much paperwork and deal with as many third parties as you want or need us to.
Thereafter, we will regularly review your mortgage to ensure you are on the best possible monthly rate. We will also be on hand to advise on overpayments, payment holidays and any other changes in circumstances which could affect your mortgage in any way.
For more information, click on the most suitable link:
Irrespective of what you need to speak to a financial adviser about, MAP will be able to find the best solution(s) to meet your needs. We are fully independent meaning we can advise you on any of the following, taking into consideration your attitude to risk and all options available in the marketplace:
Any and all of these solutions can be provided to you through sound financial planning. By this, we mean structuring a personal financial plan after getting to know you and understanding your goals.
Furthermore, we will stay with you throughout your financial journey, for as long as you need us. Our regular review service will ensure your finances stay on track and continue to reflect what you need, want and expect.
Whatever advice you need for your financial journey, talk to MAP.
Our client’s goals are what drive us to do our utmost for them. Your financial goals will become our targets.
We understand that for any and all aspects of your finances, a number of factors are important. Good advice at both the outset and on an ongoing basis, careful planning and successful investing will help you and indeed your money reach your financial goals.
Our approach has been tailored over many years of looking after client’s wealth, and has been structured to suit their needs and service requirements. We do the total opposite of a ‘one size fits all’ approach.
The values we bring as a financial adviser to any client are:
Our clients choose their financial destination and we MAP out the journey for them.
There are many reasons to choose MAP for independent financial advice:
Wherever you are on your financial journey, let us provide the MAP to your desired destination.