A buy-to-let mortgage is simply one that will be used to purchase a property that you will in turn use to generate an income.
If you own more than £325,000 of assets, HMRC will charge a tax up to 40% on all that you own over this amount when you die. It will be the responsibility of your beneficiaries to pay this tax.
When it comes to investing there is no one size fits all and all Fairstone advisers have access to the widest range of solutions including Marketstar, a range of multi-asset portfolios which are run by Fairstone Private Wealth, our in-house asset management division.
Managing your financial affairs perhaps becomes most important as you start to think about passing on your wealth to your beneficiaries.
Although we are susceptible to accidents, physical or mental illness or a loss of capacity which could result in the need for long-term or permeant care at any age, we know that this becomes more likely as we get older.
It is never too early to start planning for your retirement and the sooner you start thinking about how you will generate the income you will need to fund the lifestyle that you want once you are no longer working full time, the more likely you will be to achieve your financial and lifestyle goals.
With the average cost of sending two children to private school rising to over £500,000 and university fees increasing to £9,000, school and university fees can represent the greatest financial commitments for parents.
Managing your financial affairs perhaps becomes most important as you start to think about passing on your wealth to your beneficiaries.
Whether you're looking for a; Group Personal, Stakeholder Pension, a Group Self Invested Personal Pension (GSIPP) or a Corporate Wrap, our experience corporate financial advisers can help.