Tag: Life Planning
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The PRA’s Power in Property: How the Prudential Regulation Authority (PRA) Shapes UK Mortgage Lending
In the complex world of UK property finance, numerous acronyms and regulations govern how money moves. Two terms frequently surface that are critical to securing a mortgage but can cause confusion for buyers, investors, and trainee advisors alike: the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). While they may seem interchangeable, they represent fundamentally…
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What is OMV? Open Market Value (OMV) vs. Purchase Price (PP): Understanding the True Value of Your Property
In the world of property and finance, two terms frequently surface that can cause confusion for buyers, sellers, and investors alike: Open Market Value (OMV) and Purchase Price (PP). While they may seem interchangeable at first glance, they represent fundamentally different concepts, and understanding the distinction is crucial for making informed decisions, especially when securing…
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Beyond the Brochure: Unearthing Kent’s Property Gems with a Fresh Perspective
Kent, often dubbed the ‘Garden of England,’ is a county of captivating contrasts. From its bustling commuter towns to its serene coastal stretches and idyllic rural landscapes, it offers a diverse tapestry of lifestyles. For those embarking on the journey of property finding in Kent, it’s easy to get swept up in the conventional narratives…
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Why Estate Planning Isn’t Just for the Wealthy. It’s for the Wise.
When people hear the term “estate planning,” they often assume it’s something reserved for the ultra-wealthy or the elderly. The truth is, if you own anything of value a home, a savings account, a business, or even a life insurance policy you already have an estate. The question is: Have you made a plan for…