Podcasts about buy isa

On Radio 4's Today programme this week we're looking at housing - the barriers to young people buying a home and their experience of renting.Izzy, a 25-year-old from North Shields, moved back to the family home after living down south for work. Since opening a Help to Buy ISA when she was 14, Izzy hopes moving home will allow her to get on the property ladder.Listen to Today on BBC Radio 4 and BBC Sounds: 6-9am weekdays and 7-9am on Saturdays.

We are joined by a queen of the coins A.K.A Newhams very own 50 cent

Ashley dreams of owning his own home, but is well aware that the cash he is saving for a deposit is at the mercy of rising inflation. Would he be better off investing his money in his pension, in stocks and shares, or should he stay focused on getting on the property ladder?Expert guests Paul Johnson, director of the Institute for Fiscal Studies, and Jason Butler, financial guru and FT columnist, have lots to say about the challenges facing younger investors, and offer tips for devising a long-term financial strategy.If you would like to be a future guest on Money Clinic podcast, please email the team via money@ft.com or follow Claer on social media @Claerb. To read Claer's FT column about how 20-somethings are being forced to choose between targeting property or pensions, click on this link: https://www.ft.com/content/2815d35d-2297-4712-a4c5-0178de343eb1 To hear Claer chatting to Paul Johnson in-depth about the pensions challenges facing young people on the IFS podcast, click here: https://ifs.org.uk/podcast/should-people-be-saving-more-for-retirement To listen to our previous episode ‘How to get a pay rise', click here: https://www.ft.com/content/eeb84e5e-acf2-4b92-a99a-bd3514e1837d You may also be interested to hear our previous episode about using the Lifetime Isa or Help to Buy Isa to save up for a property: https://www.ft.com/content/bf08da37-7901-4446-811b-ceef108824b4 Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. See acast.com/privacy for privacy and opt-out information.

REPEAT: Claer explores how young people can use the popular tax-free Isa accounts to invest or buy their first property. This week, she meets Ryan, a 22-year-old graduate who confesses he has three Isa accounts, but doesn't know how best to use them — or how to unlock savings bonuses potentially worth tens of thousands of pounds. Expert and practical help is on hand from Harleigh Reid, who used a Help to Buy Isa to buy her first flat at the age of just 24, and Young Money blogger Iona Bain who explains the rules of the new Lifetime Isa, which can be used for property or investing. If you would like to talk to Claer for a future podcast episode, email the Money Clinic team money@ft.com with a brief description of your story. Follow Claer on Twitter and Instagram @Claerb and read her weekly Serious Money column in the FT Money section of the FT Weekend newspaper.Further reading:If you're new to investing, listen to this past Money Clinic episode on starting out https://www.ft.com/content/caedf0b3-4052-430c-99b4-107ea093d3fcIf you're ready to rock with an investment Isa, check out this free-to-read FT column by Claer: https://www.ft.com/content/684dbb86-40b4-11e9-b896-fe36ec32aecHarleigh Reid also hosts her own YouTube site: https://www.youtube.com/user/TheHarlszCheck out Iona Bain's Young Money blog here https://www.youngmoneyblog.co.uk/ or read her FT column about her Lifetime Isa here https://www.ft.com/content/52ad32d8-ac7b-11e9-b3e2-4fdf846f48f5 See acast.com/privacy for privacy and opt-out information.

With “Isa season” fast approaching in the UK, Claer explores how young people can use the popular tax-free accounts to invest or buy their first property. This week, she meets Ryan, a 22 year old graduate who confesses he has three Isa accounts, but doesn’t know how best to use them — or how to unlock savings bonuses potentially worth tens of thousands of pounds. Expert and practical help is on hand from Harleigh Reid, who used a Help to Buy Isa to buy her first flat at the age of just 24, and Young Money blogger Iona Bain who explains the rules of the new Lifetime Isa, which can be used for property or investing. If you would like to talk to Claer for a future podcast episode, email the Money Clinic team money@ft.com with a brief description of your story. Follow Claer on Twitter and Instagram @Claerb and read her weekly Serious Money column in the FT Money section of the FT Weekend newspaper.Further reading:-If you’re new to investing, listen to this past Money Clinic episode on starting out -If you’re ready to rock with an investment Isa, check out this free-to-read FT column by Claer-Harleigh Reid also hosts her own YouTube channel-Iona Bain shortly releases her second book on investing and features in the FT talking about her Lifetime Isa See acast.com/privacy for privacy and opt-out information.

Rob & Rob are back again this week for a slightly different episode of The Property Podcast. Today they're advising four different investors on how they should spend their money. We're always asked for advice by aspiring and experienced property investors on how best to invest their money.  And now (possibly more than ever), investors seem a tad confused on where they should be putting their money, if anywhere at all!  All of the investors you'll hear from today are at the start of their journey with different strategies and different sums of money to start with, but ultimately they want to know how best to invest in the current climate.  So, here are the four different scenarios we'll be looking at on today's podcast: James - he has £10,000 in a government Help to Buy ISA and is looking to either move out of his parents house and continue to save for his first buy-to-let, or withdraw the money from his ISA and take the penalty hit to use that money to invest in his first property whilst still living at home. Jay - he's looking at buy-to-let properties in Salford Crescent and really likes the look of high-rise living in Manchester. Jay has an inheritance that he's wanting to make the most of by putting it into property and would like Rob & Rob's advice. Our third caller has a cash pot of £200,000 but is wanting a return of around 40% on his investments per year, but on an income basis. He's looking at going down the buy-refurb-refinance strategy to try and pull money out after the refurbs. The fourth and final caller is wanting to know how The Robs would invest £3 million and what strategy would they use? He's not bothered if it's in the UK or overseas, but in terms of buy-to-let property he's wondering if Rob & Rob would be more likely to go down the smaller, lower cost property route or go for more mid range and larger properties.  We all know how much Rob & Rob love talking goals and strategies with people and this is a great episode to do just that.  You may be in a similar situation to these four callers, or just be listening for a nosey. So what do The Robs think they should do?  Tune in to find out.   In the news this week, we've got not one news story but two! The first is more of a reminder to all property investors that changes to Capital Gains Tax are now in effect. So now if you sell a property and have Capital Gains Tax to pay, you only have 30 days to submit your application.  The second news story comes from an email that Rob D received around mortgage holidays and the rumour that it could potentially affect your ability to get lending if you take a mortgage holiday. At first that's all it was, a rumour, but now it's come to light that one mortgage lender in particular is not allowing mortgage holidays and will not accept your application if you have already taken out a mortgage holiday.    This week's Hub Extra resource is from Money Saving Expert. They've put together a list of really useful resources that you normally have to pay for, but the companies that provide them have made them free whilst we're in lockdown and everyone is looking for something to do.  There's all kinds of things for you to sink your teeth into; from kids activities to guitar lessons. So maybe take a look and see if you fancy learning something new.   We'd love to hear what you think of this week's Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you'd like us to cover in the future - if so, pop us a message on social and we'll see what we can do.   Make sure you've liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn't enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.

With: Steve Cox, Fleet Mortgage Simon Read, journalist and broadcaster Nikki Warren-Dean, Nottingham for Intermediaries

Last Chance to Open Help to Buy ISA and Qualify for 25% Tax Free Government Bonus By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode: · Help to Buy ISA ends 30 November 2019 · Must be over 16 and a first-time-buyer to qualify for bonus · Open now to qualify for 25% tax free government bonus towards property purchase Can you afford to retire? Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy? You can learn how to acquire income producing assets using other people’s money and other no money down strategies in order to become financially free. Smart investors are using these creative finance, ‘no money down’ tools to build massive property portfolios in a few short years, as their hands are not tied by mortgage lenders and the need to save large deposits and pay higher taxes. Before you buy another, or your first, property, take time out to learn proven successful strategies from expert multi-millionaire property investors on a free taster ‘property discovery day’. If you’d like more information on how to acquire wealth building assets using none of your money, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com How to Use Creative Property Financing to Beat the Banks How to Use Creative Property Financing to Beat the Banks In the last few years, mortgage lending rules have been tightened up by UK regulators. Lenders now dig into your finances far more deeply than just looking at your annual income. Self-certificated mortgages are all but... see -http://www.moneytipsdaily.com/how-to-use-creative-property-financing-to-beat-the-banks/ There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

This week, Terry and Mary Beth talk to screenwriter, producer, former sex worker, and now author Isa Mazzei! She wrote the horror film CAM and her new book, Camgirl, a memoir about her life as a camgirl, just came out last week. They talk about figuring out sexuality, identity, Neopets, and how much Saw destroyed their young lives. Buy Isa's book here: https://www.amazon.com/dp/B07ZVLPMF1/ Watch CAM on Netflix: https://www.netflix.com/watch/80177400 Follow Isa: Twitter: https://twitter.com/isaiswrong Follow the podcast: Twitter: https://twitter.com/ScarredPodcast Thank you to Steve Barnold for our artwork and Sean Keller for our theme song.

UK Christmas General Election looms as property prices continue to stagnate. By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. MP’s are debating on the date of a possible general election in December, which is most unusual due to the inclement weather. Amendments could be introduced to allow voting for 16-year olds and EU citizens with settled status in the UK for the first time. Property prices stagnating The price of the average home in the UK rose by just £800 in the last year, according to the Nationwide Building Society, indicating a further slowdown for the UK housing market. In the same period three years ago, the average property price rose by £9,100, or more than ten times the current amount, the major lender's data revealed. UK house prices have risen by less than 1%, on a year-on-year basis, for each of the last 11 months based on this lender’s data, which will differ slightly from other survey’s, such as the Halifax, and the official Land Registry completion data. The annual increase was 0.4% in October, the Nationwide said. The average home is now valued at £215,368. If you’d like more information on how to acquire wealth building assets using none of your money, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Brexit Property Effect – Invest or Wait? Brexit Property Effect – Invest or Wait? In this episode: Brexit Effect Wait or Invest Is this a flip market? Are we due for a correction? Long term... How to Use Creative Property Financing to Beat the Banks How to Use Creative Property Financing to Beat the Banks Mortgage lending rules have been tightened up by UK regulators. Lenders now dig into your finances far more deeply than just looking at your annual income. Self-certificated mortgages are all but... Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before 30 Nov A Help to Buy ISA is a government scheme helping you save for a mortgage deposit to buy your first home. You must be a first-time buyer to qualify and not own a property anywhere in the world. Savings are tax free... For more business opportunities see Hustle Life (https://hustlelife.net) There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like more information on how to acquire wealth building assets using none of your money, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

This week is a juicy one. We talk about buying a house, or more importantly how to use a Help to Buy ISA to its full potential. It something that my guest Kia, who you might know on twitter as @ikeeyah_ loves talking about as she's building a career out of tackling complicated financial terms and breaking them into bitesized, actionable pieces. This is an episode to get you on your toes and get you organised! You'll leave this episode clued up on:How buying a house fits neatly into the American Dream How to use a Help To Buy ISA to its full potential The dangers of ignoring the unsexy side of your finances (Psss I'm talking about taxes) Let me know what your key takeaways are on instagram @kirathebold or drop me at email at kira@boldbrilliantbroke.com. I can’t wait to hear form you! See acast.com/privacy for privacy and opt-out information.

Welcome to Episode 2 of the Adulting 101 podcast and today we're talking ISAs! The timeline has been talking about this topic a lot and rightly so. As the Help to Buy ISA closes  for new savers in November, people have been debating whether it is a worthwhile option for saving towards a deposit... On today's episode, I give a brief overview of the two ISA options available for saving for a home in the UK and why I believe you should get both.  Follow us on social @Room113Official to join in the discussion

By Charles Kelly Author and Creator of Money Tips How to get bursaries and assisted places for top private schools The gift of education is one of the most valuable things you can give to your children. However, the cost of sending a child or grandchild to an independent or private (strangely, also known as a “public school”) school has soared... ECB Cut Rates To Stimulate Economy Interest rates look set to stay low. This week, the ECB announced that it is reducing interest rates. Trump is demanding that the US federal reserve follow. UK base rates stand at.... 3 Myths of Property Investment The 3 Myths of Property Investment Many people tell me that they want to get into property, but don’t know where to start or which strategy to choose. “Should I try residential or commercial”, they ask me, “single let buy-to-let or HMO’s?”. How will I find the money... Markets Settle On Trump-China Trade War Talks – Money Tips News Markets Settle on China-US Trade talks. Don’t ignore parking tickets and bills – more bailiffs being used by local authorities to collect unpaid fines. 2870 retail outlets closed down in first six months of 2019. LSE £32 billion HK bid. BA pilot strikes... Angel Investor Funding – London Has an Abundance of Money for Scalable New Businesses There is an abundance of money available for business start-ups and ventures in London. Word of the Day Scalable Businesses which are scalable are businesses which can be scaled up or grown to a large concern where investors can expect to make a return on their investment, as... How to earn up to 500% higher yields on your investments without high risks Low interest rates look set to continue for the foreseeable future. Whilst this is great for borrowers, it is disastrous for investors and people retiring on annuities. Earning just over 1% on an ISA account It’s keeping up with inflation... There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before 30 Nov 10 TIPS TO GET OUT OF CONSUMER DEBT USING THE M.A.N.A.G.E. D.E.B.T. SYSTEM

Money Tips News Markets Settle on China-US Trade talks. Don’t ignore parking tickets and bills – more bailiffs being used by local authorities to collect unpaid fines. 2870 retail outlets closed down in first six months of 2019. LSE receives £32 billion HK bid. BA pilot strikes damaging the airline’s multi-billion pound brand. Word of the Day Revenues and profit. Revenue, or turnover, is the total amount of income generated by the sale of goods or services by a company or business. Profit, or the “bottom line”, is the amount of income that remains after accounting for all expenses, debts, additional income streams and operating costs. Turnover is vanity profit is sanity. See also: Angel Investor Funding – London Has an Abundance of Money for Scalable New Businesses How to Obtain Angel-Investor Funding- With Joseph Zipfel, C.I.O. of Start-up Funding Club https://podcasts.apple.com/gb/podcast/how-to-obtain-angel-investor-funding-joseph-zipfel/id1442532994?i=1000444991715 Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before 30 Nov There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

Weekly News Round Up The week has been dominated by the shenanigans going on in parliament, with Boris Johnson losing control of the agenda and opposition party remainers winning three crucial votes. Other news Markets and pound bounce back as a ‘no deal brexit’ looks less likely Germany going into Recession Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before 30 Nov Government Help to Save Scheme for low paid 96% undersubscribed 10 TIPS TO GET OUT OF CONSUMER DEBT USING THE M.A.N.A.G.E. D.E.B.T. SYSTEM Women Need to Invest More Money to Secure Future Prosperity Government Lose Key Brexit Vote – Johnson will table a motion for an October General Election as 21 MP’s Defy Whip Cyprus, the Easiest Route to EU Citizenship

A Help to Buy ISA is a government scheme helping you save for a mortgage deposit to buy your first home. You must be a first-time buyer to qualify and not own a property anywhere in the world. Savings are tax free just like with any ISA product, however, a Help to Buy ISA gives you the added bonus of getting government contributions. How does the Help to Buy ISA work? The government tops up your contributions by 25%, up to a maximum contribution limit of £12,000. In other words, for every £200 you save, the government will contribute £50. This means you can earn a maximum of £3,000 from the government. The minimum amount you need to save in order to qualify for a government bonus is £1,600 (which gives you a £400 bonus). You can start off your ISA with an initial deposit of up to £1,000 which also qualifies for the 25% boost from the government. Remember, Help to Buy ISAs are available to each first-time buyer, not each home. So, if you’re buying a property with your partner, you’ll be able to get up to £6,000 towards your deposit. Help to Buy ISAs are available until 30 November 2019. They won't be available to new savers after this date, but if you opened your Help to Buy ISA before then you can keep saving into your account. You must claim your bonus by 1 December 2030. Word of the Day Land Transaction Tax (LTT) LTT replaced Stamp Duty, which still applies in England, in Wales in 2018. If you’re buying a home in Wales costing more than £180,000, you’ll have to pay Land Transaction Tax (LTT) on your purchase. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See also: Women Need to Invest More Money to Secure Future Prosperity Government Help to Save Scheme for low paid 96% undersubscribed 10 TIPS TO GET OUT OF CONSUMER DEBT USING THE M.A.N.A.G.E. D.E.B.T. SYSTEM

A few days ago, I talked about how women are saving a lower proportion of their income than men. Today I discover that savers are failing to take advantage of a new UK Government scheme, as figures reveal that more than 96% of those eligible are missing out on a 50% top-up bonus worth up to £1,200. The Help to Save account, launched last September, was designed to encourage people on low incomes to save for their future. However, statistics released by HM Revenue & Customs show that only 132,000 of the 3.5 million people eligible have opened an account. The scheme allows people on welfare benefits, such as working tax credit and universal credit (combined with certain level of household income) to save up to £50 a month, or £600 per annum, for four years, which will be topped up by the Government by 50p for every £1 saved. The Help to Save accounts can be held for four years, with a maximum of £2,400 saved with a further £1,200 paid in by the Government. Anna Bowes, of Savings Champion, the comparison site, told the Telegraph that whilst the Government should be encouraging people to save she was not surprised by the low take-up. “A lot of this group will not have any spare money to save so it’s not surprising that there’s not been a huge take-up,” she added. “For a lot of people on lower incomes, saving and investing aren't going to be very high on their list of priorities. That being said, it’s encouraging to see 132,000 people have been able to take advantage.” Ms Bowes questioned how well the scheme had been publicised, since most people have no idea it exists. But HMRC argue that account holders were already eligible for £14m in bonuses. Tax free bonus payments are allocated every two years. Claimants can only open one account. John Glen, the economic secretary to the Treasury, said: “Saving shouldn’t be seen as a luxury but as an essential part of planning for the future. “That’s why I launched the Help to Save scheme last year, and it’s been great to see so many people using it to put money aside for themselves and their loved ones.” Word of the Day Universal Credit is a state benefit which is replacing 6 other benefits with a single monthly payment if you're out of work or on a low income Universal Credit will replace the following benefits: · Child Tax Credit · Housing Benefit · Income Support · income-based Jobseeker’s Allowance (JSA) · income-related Employment and Support Allowance (ESA) · Working Tax Credit If you currently receive any of these benefits, you cannot claim Universal Credit at the same time. Universal Credit, being rolled out across the country, has been criticised by landlords with tenants on housing benefit for being slow to start. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See also: Women Need to Invest More Money to Secure Future Prosperity Earn 25% Tax Free Bonus with Government Help to Buy ISA but only if you start before 30 Nov

In this week's episode we investigate the first in a series of everyday rip-offs. If you're one of the millions of Brits who visit the seaside each year, you may well have found yourself in a gaming arcade, trying to win tickets which can be traded in for prizes. But does the price you pay to play really add up to your winnings in the end? We crunch the numbers and speak with an industry expert to find out. In the rest of the episode we discuss the countdown for opening a Help to Buy Isa, inheritance tax and a new scheme to protect free ATMs in remote areas. See acast.com/privacy for privacy and opt-out information.

¿Cómo poder tener una hipoteca para comprar vivienda propia en el Reino Unido? Mónica Acero, asesora de hipotecas de RSR Wealth Management nos cuenta Sobre los retos que tienen las personas para poder comprar su primera casa en Inglaterra lo que hace que el mercado de alquiler sea tan atractivo, ya que las personas que no pueden comprar su propia vivienda permanecen en el mercado de renta por un buen tiempo, mientras ahorran lo suficiente para tener un depósito. Igualmente nos cuenta sobre los esquemas que ofrece el gobierno para apoyar a las personas a comprar su primera vivienda. Un miembro de nuestra audiencia a quien nos referiremos como Carolina, (este no es su verdadero nombre) nos hizo dos preguntas: ¿Cómo con un capital de £18,000 podría empezar a invertir en bienes raíces? ¿Cómo puede hacer crecer sus ahorros para poder acelerar su objetivo de comprar una vivienda en el Reino Unido para vivir y dejar de pagar renta?   Carolina trabaja como niñera bajo un contrato formal de trabajo en Londres y tiene la ventaja de tener pasaporte español. Sus ingresos netos son £1,850 libras al mes después de impuestos (que corresponde a un ingreso bruto anual cercano a £25,000). Carolina quiere comprar sola su vivienda y no tiene dependientes a cargo, lo que le permite ahorrar más o menos £10,000 al año.   Mónica Acero quien, trabaja como asesora de hipotecas para una firma llamada RSR Wealth Management, decidió ayudar a Carolina para poder cumplir su meta de tener su casa propia. RSR está conformada por personas que hablan español y proveen planificación financiera a los clientes de habla hispana para que puedan alcanzar sus objetivos a corto plazo, mediano y largo plazo.   El rol de un asesor de hipotecas es evaluar la situación financiera de sus clientes, haciendo un estudio para determinar cuáles serían las mejores opciones y tasas disponibles en el mercado para poder acceder a una hipoteca y comprar una propiedad.   ¿Quién puede aplicar por una hipoteca del Reino Unido?   Una hipoteca en el Reino Unido está disponible para aquellas personas que son mayores de dieciocho años que residen en el Reino Unido.  No importa que no tengan un pasaporte europeo o un pasaporte británico, siempre y cuando tengan un historial de direcciones o donde puedan demostrar que han vivido en el país por los últimos tres años consecutivos.   Algunos bancos, por ejemplo, requieren un ingreso bruto (antes de impuestos) mínimo entre £75,000 a £100,000 libras al año. En el caso de Carolina, ¿Cómo podría una persona con un nivel significativamente menor conseguir una hipoteca en Inglaterra?   Primero ella puede hacer crecer ese dinero es por medio de una de las cuentas del gobierno llamada Ayuda para Comprar: ISA (Help to Buy: ISA). Por ejemplo, ahorrando £ 200 al mes el gobierno aporta £ 50, hasta un máximo de £ 3,000. Requisitos necesarios para acceder a estos beneficios es: ·        Tener 16 años o más ·        Tener un número de seguro nacional válido (National Insurance) ·        Ser residente del Reino Unido ·        Ser un comprador por primera vez, y no poseer una propiedad en cualquier parte del mundo ·        no tener otro ISA en el mismo año fiscal. En la página www.helptobuy.gov.uk están todos los datos del esquema del gobierno para los interesados. Si desean contactar a Mónica le pueden escribir al correo monica.acero@sjpp.co.uk

The new tax year has now kicked in from the 6th of April so here’s how it could impact you from a property perspective. 1. Fresh new ISA allowance lands As of today, savers have access to a fresh ISA allowance.Under the terms of the accounts, consumers can save £20,000 into the vehicles each year without having to pay tax on any interest payments, dividends or gains. The money can be split between Cash ISAs, Stocks and Shares ISAs and Innovative ISAs. Alternatively, people aged under 40 can opt for a Lifetime ISA,into which they can save £4,000 of their annual ISA limit each year until they are 50. The Government will add a bonus of 25% or up to £1,000 a year, but the money must be used to buy your first home or to save for retirement. First-time buyers saving for a property deposit can opt to use the Help to Buy ISA, under which they can save up to £3,400 in the first year and £2,400 in subsequent years. The Government will then top this up with a bonus of 25% up to a maximum of £3,000. But aspiring first-time buyers who want to take advantage of the scheme need to move soon, as it will not be possible to open new accounts after November 30 this year. Savers who are interested in getting exposure to the housing market could consider taking out a property ISA, which pools investors cash into a REIT and uses the money to purchase buy-to-let homes across UK cities. Investors benefit from both the rental income and any increases in the value of the properties purchased. 2. Tax relief for landlords reduces The new tax year brings a further reduction in the amount of tax relief on mortgage interest that landlords can claim. Up until 2016/17, landlords could deduct all of their mortgage interest and other allowable costs from their rental income before calculating how much tax they had to pay. But the amount they can claim has gradually been tapered down, and this year they can offset only 25% of these costs against their rental income, with 75% of the costs given as a basic rate tax reduction. The relief will be phased out completely from April 6, 2020, when landlords will only be able to claim a basic rate tax deduction on mortgage interest, even if they are a higher rate taxpayer. 3. Earn more before paying tax One piece of good news is that from April 6, everyone can earn more before they have to start paying tax. The personal allowance now goes up to £12,500, while people will have to earn £50,000 before the 40% higher rate of tax kicks in. The increase is relevant for landlords, as rent from investment properties is classed as income. It is also good news for people saving for a property deposit, as they will be £650 a year better off if they are a basic rate taxpayer and nearly £3,650 better off if they are a higher rate one. 4. Capital gains tax allowance increases Another allowance that has increased in the new tax year is that of capital gains tax. People will now be able to make capital gains of £12,000 a year before they become liable for the tax, a slight increase from £11,800 in the previous tax year. This is good news for investors selling buy-to-let homes, although they will still be stung with a capital gains tax rate of 18% for basic rate taxpayers and 28% for higher rate one, rather than rates of 10% and 20% respectively charged on other assets. 5. Right to Buy discounts increased For people interested in buying a council or social housing property, the maximum discount they can benefit from has increased to £82,800, rising to £110,500 in London. Right to Buy enables eligible council and housing association tenants in

Frankie asks: "I was wondering what your thoughts were on the new help to buy ISA. Is a time limit to use the grant? What happens if I don't put in £250 every month? What do I need to be careful of when considering this?" See acast.com/privacy for privacy and opt-out information.

Is this the best financial product ever? From a saver's point of view the Help to Buy Isa may just be that. Much of the work at This is Money involves uncovering bad behaviour at banks and other providers of financial products. Anyone would think bankers had no morals. Of course, we also work hard to praise the good stuff. One banker this week, claims a product has been launched that has no downside. Really? Is there finally something too good to be true that is actually true? Editor Simon Lambert and This is Money’s money product expert Laura Whitcombe pore over the new help-to-buy Isa that hands free money to first time buyers. But what’s the catch? Also on the show… It’s going to get tough for home owners for all sorts of reasons. It’s already getting tough for buy-to-letters – but is that such a bad thing? What’s the matter with people and their unhealthy relationship with credit cards? Does anyone care about climate change when you can save a few quid on your ‘lectric? Are you earning less than a tractor driver? Help small shops and small businesses. They’re lovely. And cake. #cake #credit #helptobuy #climatechange #shopping #homes #banks #money #spending

Philip Webster is joined by Fay Schlesinger, Giles Whittell and Anne Ashworth. Fay Schlesinger: After Jeremy Corbyn was elected, he promised a “kinder politics”. Fast forward two months and his allies are vowing revenge on shadow cabinet ministers at odds with him over Syrian airstrikes. Even the most attractive of Corbyn's traits are turning sour. He must drop the Mr Nice Guy act or compromise over his ideals. He can't keep up the charade of both. Giles Whittell: There is an air of unreality about the Paris climate conference. The challenge is more urgent than ever but India won't stop burning coal, America won't be legally bound by anything and yet somehow delegates are optimist for a breakthrough. It won't happen until someone does for energy what cell phones did for communications - enables the developing world to leapfrog the developed. Anne Ashworth: There's a power grab going in the housing market. Schemes - like the Help to Buy Isa which makes its debut today and the stamp duty changes - are... See acast.com/privacy for privacy and opt-out information.

James asks: "Can I invest into a Stock&Shares ISA and still use a Help-to-Buy ISA in 1 December 2015 when it comes out? And is there a maximum income for people who want to use the Help-to-Buy ISA?" See acast.com/privacy for privacy and opt-out information.

George Osborne's no-giveaway budget has given away a higher personal tax allowance, access to retirement annuities (but a cut to the lifetime pension allowance), and a new Help to Buy ISA for first-time home-buyers. Matthew Vincent discusses how these measures will affect your finances with the help of Nicola Roberts, partner at Deloitte; Nimesh Shah, partner at Blick Rothenberg; and Jason Butler, founder of Bloomsbury Wealth. See acast.com/privacy for privacy and opt-out information.