E david@drkfinancial.co.uk

T 01202 802922 / 07966 775162

Services

The services we offer

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Your home may be repossessed if you do not keep up repayments on your mortgage

The Financial Conduct Authority does not regulate on estate planning, Tax planning, auto enrolment,

Buy to Let Mortgages are not regulated by the Financial Conduct Authority.

Commercial Mortgages are not regulated by the Financial Conduct Authority.

Tax treatment varies according to individual circumstances and is subject to change

1

Pensions

2

Savings and Investments

3

Mortgages

4

Protection

5

Insurance for your home and contents.

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Estate Planning and Long-term care

Pensions

Ideally, planning for your old age should begin the day you start work, but for a variety of reasons people often delay putting money aside for their pension. However, it is never too late to get some advice about your income in retirement. The rules surrounding pensions can seem complex, and there have been a lot of changes in legislation over the last few years. We can advise you on the right sort of pension plan for you or your business, helping to ensure that when you retire, you have a pension pot that will see you through your later years.

Savings and Investments

The reasons people save and invest can be very varied. It could be to provide funds for a deposit on a house, children’s education, or to build up a nest-egg for their retirement years. Whether you are looking to save regularly or invest a lump sum, we can help you make the right choices for your needs. Not only can we advise you how to get the best rate of return on your savings, we can show you how to save or invest tax-efficiently.

Mortgages

Taking out a mortgage is a big financial commitment. As the mortgage market is very competitive, there are many different types of deals on offer. On your own, it can be confusing trying to make sense of what is available, so it pays to get some advice when deciding what type of loan you should apply for. We offer personal and business clients impartial advice, searching the mortgage market to find the best deal for their circumstances. Lenders nowadays operate under strict criteria when granting mortgages; we can offer useful advice on which ones to approach in your circumstances. So, if you are a first-time buyer, moving on, simply looking to re-mortgage. Or if you are thinking of becoming a buy-to-let landlord we provide the expert guidance you need. What’s more, we will be on hand throughout, making sure your application is presented in the best possible light to the most appropriate lender to ensure a positive solution is agreed. Our goal in this area is simple: Attain the lending that you require in the most cost effective, and timely fashion to ensure that stress is removed from the process. Once attained our ongoing review service is designed to ensure that you always stay on the lowest rate available throughout your mortgage term.

Protection

Many of us worry about our family’s future, and wonder how they would cope financially if we were no longer around to take care of their needs. If you are in business you may worry about what would happen to your company if you fell ill or were to die. This is where protection planning can help by providing money at a financially-stressful time. We can advise on plans that can provide a lump-sum payment on death that can be used to repay a mortgage, replace an income or support a business. There are also other schemes that can protect against specific risks. For instance, critical illness cover can provide a lump-sum if you are diagnosed with a serious illness, and income protection plans provide an income if you can’t work due to ill health. We can recommend the right combination of policies to cater for your needs.

Insurance for your home and contents.

Whether you rent or own your home, good-quality home insurance makes sense. We offer straightforward advice on the most appropriate type of policy for your buildings and contents. Buildings insurance protects your home against the effects of perils like fire, flood and vandalism. If you have a mortgage, your lender will expect you to have the right type of policy in place to protect their security. Whatever type of property you have, we will help you work out how much you should insure your property for, and find the cover you need from the hundreds of different policies currently available on the market. We will explain why you should never buy on price alone, and how policies with additional features and benefits can often provide greater peace of mind. Contents insurance is important to protect all the possessions within your home. We will guard you against the risk of under-insurance, working out with you the amount of insurance protection you need. We will also talk to you about insuring high-value items and possessions used away from home.

Estate Planning

Thinking about the future, and making sure that your assets will be passed on to the people you would like to inherit them after your death, is often what prompts clients to get advice about estate planning. The elements of a good estate plan usually include having an up-to-date Will in place, considering the benefits a Lasting Power of Attorney can provide, and planning the most effective way to pass money tax-efficiently to your beneficiaries, reducing the amount of Inheritance Tax they might otherwise have to pay. We take a holistic view of our clients’ financial affairs, and can put in place plans that provide them with much-needed security and peace of mind about the future.

Long-term care

Whilst the good news is that we are all living longer, this does mean that the need for care in later life is likely to increase. Paying for long-term care is not something we tend to think about until the need arises. If you don’t qualify for financial assistance from your local authority, you will normally have to pay towards the cost of your care out of your own income. Care costs have escalated over the last few years, and good care homes can often cost over £1,200 per week. We can advise on ways of meeting the cost with a range of differing solutions.

Want to know more? Please call us on 01202 802922/ 07966 775162 or email at david@drkfinancial.co.uk