Let’s talk about saving for your children We understand the importance of saving and believe that the earlier an individual starts to save, the better. Encouraging children to save can help them to understand money and create good habits early on. If you were to save £20 a month for 18 years, you would… 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 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 »