Savvy savers are planning to save both in their pension plan and in the Lifetime Individual Savings Account (LISA), following its launch this April. The new LISA has been designed as a savings vehicle for those aged 18 to 40 who want to save up to £4,000 a year. The government offers a big incentive by adding a 25% bonus, meaning that for every £4 saved, the government adds £1. The money can be used to buy a first home…
Our monthly property market review is intended to provide background to recent developments in property markets as well as to give an indication of how some key issues could impact in the future. 45% OF INVESTMENT IN UK FROM OVERSEAS BUYERS The independent property agent Knight Frank has reported that 2016 saw 45% of commercial property investment in the UK coming from overseas investors. This amounted to £1.1bn. The rapid devaluation of sterling, following the Brexit vote back in June…
