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Quarterly Private Client Newsletter: May 2012

Please see below a link to May 2012's Quarterly Private Client Newsletter from Kennedy Black Wealth Management.   In this edition, we address one of the furthest-reaching changes to pensions legislation in a generation: Auto Enrolment.  These new rules will force employers to offer contributory pensions to their employees.  Great news from a retirement planning perspective (since people are still doing far too little), but potentially disastrous...

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Japanese Knotweed in Islington – the mortgage perspective

A recent Islington mortgage case I worked on has highlighted two words that should strike fear into any homebuyer or homeowner: Japanese Knotweed.   It might sound exotic, it might even look quite pretty. But beware, this is no trivial matter. In fact, having spoken to a number of experts, it definitely sounds more 'Triffid' than 'trivial'.   The problem is that this is a very aggressive plant, growing at...

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Reaction to Budget 2010

Alastair Darling today announced his last Budget before the next general election.  As a result, it was expected to be high on political rhetoric - and it didn't disappoint.  However, at the same time it was low on new measures - which was rather disappointing.   The key points for our Private Clients are outlined below, with some of our initial thoughts.   Overall, the main winners were first-time...

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To buy or not to buy… that is the question

With property prices in London pushing back unerringly towards their pre-crisis levels, you would be forgiven for thinking that we never really went through a crisis in the first place.  (A quick visit to your nearest mortgage lender might bring that idea back down to earth, mind!)   Unfortunately, for those people who live in rented accommodation, the question of whether to buy or rent is perhaps...

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