Posts By: Emily Sproston

  What is Stamp Duty? Stamp Duty Land Tax (SDLT) is applied to some residential property purchases in England and Northern Ireland. Ordinarily, there are different tax rates for different purchase prices ranging from 0% (up to £125,000) to 12% (in excess of £1,500,000). About the Stamp Duty holiday The Stamp Duty holiday was first… Read more »

  The decline of short term lenders Short-term lenders, often known as payday lenders, are financial companies that can lend applicants small amounts of money quickly and generally over a shorter period of time. You may have heard of a few infamous short-term lenders such as Wonga, Sunny, Lending Stream and Quick Quid. You may… Read more »

  Credit unions first appeared in the UK in the 1960s, but the first credit union in the world is thought to have been set up in 1852. They were set up with the idea of people helping people, and still operate this way. Credit unions are member owned, not for profit cooperatives that operate… Read more »

  Welcome to our first blog post covering all areas of finance. Our aim is to produce a friendly and easy-to-understand blog series, which explains some of the not-so-simple areas of finance. As a Credit Union one of our core purposes is to offer financial education to members (alongside encouraging our members to save and… Read more »

  We recently hired a Customer Service apprentice who previously worked with us during a short college placement. We thought it would be great to ask him a few questions to introduce you to the youngest member of our team! Introduce yourself to our members My name is Hanaan and I’m 18 years old. In… Read more »

Helping the Police Family financially through the good times and the bad This afternoon, we hosted our first ever virtual Annual General Meeting and we would like to thank all of our members who took part. Here’s an overview of the key information for those who were unable to join us. A message from Caroline… Read more »

As we have come to the end of our financial year, we are using this time to reflect on our achievements. The year hasn’t come without its challenges but nevertheless, we have continued to focus on helping the Police Family financially. This is the first year that our AGM will be virtual, allowing any member,… Read more »

  What is Stamp Duty? Stamp Duty Land Tax (SDLT) is applied to some residential property purchases in England and Northern Ireland. Ordinarily, there are different tax rates for different purchases prices ranging from 0% (up to £125,000) to 12% (in excess of £1,500,000). What have the government announced? Due to the national impact of… Read more »

Do you currently have a loan with us? Or are you considering applying for one in the future? We understand that sometimes unexpected costs arise and you might find yourself needing some extra cash. We allow our members to apply for additional borrowing when they have an existing loan with us. There are two ways… Read more »

  With so many people now spending more time at home it has given them the opportunity to work on their gardens and houses. Some are also buying exercise equipment to replace time spent at the gym. If you are looking to fund projects such as these with flexible credit, our Revolving Credit facility may… Read more »