Every quarter, the Centre for Real Estate Research at the University of Aberdeen Business monitors trends in Aberdeen’s property market (report can be read here)
Whilst there are small signs of improvement it does show a fall in the value of property meaning that if you’re a buyer, whether first time, upgrading or adding to your portfolio, now is a good time to be looking.
Note that as a mortgage is secured on your home, it could be repossessed if you do not keep up the mortgage repayments. To find out more please get in touch.
At Phil Anderson Financial Services we are focused on staff development and are actively involved in helping and encouraging them to learn and grow in their chosen career paths.
We are proud to say that our adviser Kevin Philip, has recently passed his Diploma in Financial Advice. This means that he can now look after mortgage and investment/pension cases, helping us to offer a complete finance service to help our customers.
North east firm Phil Anderson Financial Services has taken the honours as winner of the Best Firm Scotland category at the NatWest Intermediary Solutions Local Hero Mortgage Awards.
The awards recognise those mortgage advisers who have “truly gone the extra mile” to put customer needs and their local community at the heart of their firm.
NatWest head of intermediary mortgages Graham Felstead, said: “We are delighted to have hosted our NatWest Local Hero Mortgage Awards initiative, specifically aimed at recognising the hard work and commitment of mortgage adviser firms that have gone above and beyond expectations.
“These firms have exemplified putting the customer and their local community at the heart of everything they do, in addition to providing sound financial advice for those consumers within their locality.”
Phil Anderson, managing director of Phil Anderson Financial Services, said: “This is a fantastic accolade for our firm. Our mortgage division work so hard and I am delighted that Neil Gallagher and Kevin Philip got the opportunity to go down to Birmingham to collect this award. Our team strive to help make the mortgage process as easy as possible for our clients and I am very proud that we have been named best firm in Scotland.”
Phil Anderson Financial Services were the Headline Sponsor of the latest Gathimba Edwards Foundation charity dinner to help raise funds for disadvantaged kids in Kenya and Aberdeen.
It was an evening full of inspiration and hope with the event raising £50,135, helping the charity to:
– Start 32 businesses for families in Kenya
– Provide continued support to the 300 children in Kenya and reduce the number of those on their waiting list for support (currently 99)
– Make a £2,500 contribution to the Neil Jaffrey Award that this year aims to build a specialist sensory outdoor play area and also provide equipment for little Evie and her family in Aberdeenshire. (you can find out more here www.totalgiving.co.uk/mypage/Evie-outdoor-play)
Phil Anderson Financial Services have subsequently agreed to Headline Sponsor the next fundraising dinner on Saturday 20th February 2021.
Photo by Abermedia
Phil Anderson Financial Services is celebrating after one of its financial planners was named UK Pension Adviser of the Year for 2018.
Ryan Yule who specialises in investment and pension advice picked up the award for the second year running. Commenting on this Mr Yule said “I am very humbled to have won this award for the second year in a row. I have a great team around me and would like to thank my paraplanner, Laura Stephen, for all the help she has given me this year. Without the support of those around me this success would not be possible.”
Laura Mackay is the latest person to join Phil Anderson Financial Services’ growing team as a mortgage adviser and brings with her a wealth of experience in the residential mortgage and remortgage sector, covering their Aberdeen and Ellon offices.
“It is great having Laura as part of the team. She’s already fitting in well with the rest of the staff and her appointment will allow us to further enhance the service that we offer to our mortgage clients.” said Phil.
Click here to read Laura’s reviews on VouchedFor, the UK’s leading review site for Financial Advisers and Mortgage Advisers.
You can’t put a value on a Mum, yet Legal & General’s latest Value of a Parent research shows that the unpaid work they contribute to the home is valued at over £31,500 a year.
As a parent, you want to provide the best for your children and give them a safe and secure future. As we all know, raising a child is expensive. In the last two years, the average cost of raising a child to the age of 18 has gone up 15%, from £133,848 in 2011 to £154,440 in 2013.
The research also found that Mums spend, on average, 71 hours a week on domestic chores. Your family is important to you, and that’s why you spend your time caring for them and giving them the best lifestyle possible. But how would they cope financially if you became critically ill or died?
Does your family have the finances in place to hire outside help
if you weren’t able to carry out domestic work around the home?
Perhaps now is the time to look at personal protection cover.
Having this in place can help to ensure that, should the worst happen, you have the finances in place to help your family
maintain their current lifestyle.
If you’d like to speak to us or would like to arrange an appointment to discuss protecting your family please contact one of our offices on the numbers below –
Aberdeen – 01224 900879
Ellon – 01358 268166
Caithness – 01593 721240
Thanks to everyone who entered the prize draw. We will have more competitions and special offers coming soon.
What’s your thought’s on the budget? Is it good for the North-East? Is it good for you individually?
Some of the Key Points –
◾The point at which people start paying income tax will be raised to £10,500
◾Threshold for 40p income tax to rise from £41,450 to £41,865 next month and by a further 1% to £42,285 next year
◾Annual limit for saving in Isas will rise to £15,000
◾GDP forecast to grow by 2.7% this year and 2.3% next year, then by 2.6% in 2016 and 2017 and by 2.5% in 2018
◾Fuel duty rise planned for September will not happen
◾A new £1 coin to be introduced in 2017
◾Inheritance tax waived for members of the emergency services who give their lives in job
◾Tax on homes owned through a company to be extended from residential properties worth more than £2m to those worth more than £500,000
◾Business rate discounts and enhanced capital allowances in enterprise zones extended for three years
◾£200m made available to fix potholes
◾Beer duty cut by 1p a pint
◾Duty on ordinary cider frozen
◾Tobacco duty to rise by 2% above inflation
If you would like to discus any of the changes to ISA’s, tax or pensions please contact the office on 01224 900879 or 01358 268166.
Yet over 50% do not have any life or critical illness cover in place should this event happen.
To help protect our business clients we have a guide available to setting up business protection. The guide contains process maps that highlight the key stages when setting up Key Person Cover, Share Protection Cover, Business Loan Protection and Relevant Life Plans. It also explains how the policies could be set up, who would own the policies and any tax implications each plan may have on the individual or the business.
To request a copy please email firstname.lastname@example.org