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 »

The Help to Buy Scheme was introduced by the Government in 2013 to help buyers who are struggling to save for their first house deposit to get on to the property ladder. It is now solely available to first time buyers. The first scheme was open for both first and second time buyers looking to… Read more »

  Office opening hours 24th December 9am-12:30pm 25th December CLOSED 26th December CLOSED 27th December CLOSED 28th December CLOSED 29th December 9am-3pm 30th December 9am-3pm 31st December 9am-12:30pm 1st January CLOSED During this time our phone lines will be open however the office will be closed to members. Normal working hours resume after the Christmas… Read more »

The opinions expressed in this article are those of the author, and they do not reflect in any way those of No1 CopperPot Credit Union. My mum always said she thought I would leave home at 18 like she did. Unfortunately, at 18 I was working part-time in retail with little in my savings. As… 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 »