Blog | Yorkshire Rose Financial Planning

1 in 3 savers worry they’ve “lost” a pension. Here’s how to track them down

Gary Lumb

Sep 5, 20224 min read

1 in 3 savers worry they’ve “lost” a pension. Here’s how to track them down

It can be easier than you think to lose your retirement savings. In fact, estimates suggest thousands of savers have forgotten about...

7 compelling reasons you should seek financial advice at retirement

Gary Lumb

Sep 5, 20224 min read

7 compelling reasons you should seek financial advice at retirement

Some of the decisions you make as you retire could affect your income and lifestyle for the rest of your life. Yet, data suggests that...

Guide: Your complete guide to buy-to-let

Gary Lumb

Aug 15, 20221 min read

Guide: Your complete guide to buy-to-let

Buy-to-let properties can provide an additional income stream and help you to support your goals. As a result, becoming a landlord is...

Your complete guide to financial protection

Gary Lumb

Jun 23, 20221 min read

Your complete guide to financial protection

Financial protection is an important part of creating long-term security. Yet, it’s something that many people overlook. Appropriate...

Gary Lumb

Jun 22, 20224 min read

Investment market update: May 2022

Concerns that economies around the world could fall into a recession as inflation continues to rise have led to volatility in the investment

House price surge pushes 4.3 million homes into a higher Stamp Duty bracket

Gary Lumb

Jun 22, 20224 min read

House price surge pushes 4.3 million homes into a higher Stamp Duty bracket

Since March 2020, house prices have increased by 13%. It means more properties will be liable for Stamp Duty when purchased and bills could

Millions think they’ll be better off because of inflation. Here’s why it can harm your savings

Gary Lumb

Jun 22, 20223 min read

Millions think they’ll be better off because of inflation. Here’s why it can harm your savings

Interest rates are starting to rise, but that doesn’t mean that inflation will have a positive effect on your savings.

The minimum pension contribution may not be enough. Here are 3 reasons to increase your contribution

Gary Lumb

Jun 22, 20224 min read

The minimum pension contribution may not be enough. Here are 3 reasons to increase your contribution

If you’re paying the minimum pension contribution, will you have enough in retirement?

Two-thirds of retirees are planning a flexible retirement, but don’t understand tax implications

Gary Lumb

Jun 22, 20224 min read

Two-thirds of retirees are planning a flexible retirement, but don’t understand tax implications

More people are planning a flexible retirement where they continue to work in some form. It can help your income go further.

The useful guide to reaching your retirement goals

Gary Lumb

Apr 27, 20221 min read

The useful guide to reaching your retirement goals

Getting the most out of retirement and reaching your goals requires planning. Not thinking about your post-work years until you reach...

Gary Lumb

Mar 23, 20223 min read

Investment market update: February 2022

Throughout February, tensions between Russia and western countries caused concern for investors. As Russia invaded Ukraine, stock markets...

Interest rates are rising. What does it mean for your mortgage?

Gary Lumb

Mar 23, 20224 min read

Interest rates are rising. What does it mean for your mortgage?

The Bank of England has increased interest rates twice since December 2021. Read on to find out what this may mean for mortgage holders.

1 in 3 people say financial protection is too expensive, but can you afford to overlook it?

Gary Lumb

Mar 23, 20223 min read

1 in 3 people say financial protection is too expensive, but can you afford to overlook it?

After the pandemic, financial protection could provide a valuable safety net when you need it most.

The chancellor is reportedly drawing up plans to change tax rates. Here’s what it could mean

Gary Lumb

Mar 23, 20223 min read

The chancellor is reportedly drawing up plans to change tax rates. Here’s what it could mean

Reports suggest that chancellor Rishi Sunak will scrap the top rate of Income Tax. It could reduce your tax bill.

Inheritance Tax receipts rise again. What can you do to minimise the bill?

Gary Lumb

Mar 23, 20224 min read

Inheritance Tax receipts rise again. What can you do to minimise the bill?

The amount of Inheritance Tax paid has increased and a freeze on allowances means it will affect more families in the future.

Why retirees need to consider the effect of inflation on their long-term income

Gary Lumb

Mar 23, 20224 min read

Why retirees need to consider the effect of inflation on their long-term income

If you’re retired, understanding how inflation will affect your income now and in the future is important. Find out what steps you can take

Your complete 2021/22 end of tax year guide

Gary Lumb

Jan 20, 20221 min read

Your complete 2021/22 end of tax year guide

The 2021/22 tax year ends on Monday 5 April 2022. This is the date when many allowances reset, and it could be your last opportunity to...

Gary Lumb

Dec 15, 20214 min read

Investment market update: November 2021

A new variant of Covid-19, dubbed “Omicron”, is affecting some countries around the world, and it could lead to further restrictions in...

How long could you pay your mortgage without an income?

Gary Lumb

Dec 15, 20214 min read

How long could you pay your mortgage without an income?

When taking out a mortgage, you’ll go through affordability checks, and you may have reviewed your own budget. These will consider how...

3 financial things to consider other than your salary when accepting a new job

Gary Lumb

Dec 15, 20214 min read

3 financial things to consider other than your salary when accepting a new job

The end of one year and the start of another is often a time to think about what you want to achieve and what’s important to you. So,...