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Has Forex Trading Changed?

Sam Allcock
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Introduction

The history of forex trading dates back to ancient times when the means of exchange was trade-by-barter. This practice was later modified and replaced by the Gold standard. The gold standard was further substituted with the US dollar as the standard means of exchange after the Bretton Woods conference which ended in 1971. Since then, forex trading has extended across the globe and had remained the same till the present moment. Only the trading volume keeps increasing daily. 

This work will therefore help you learn more about the history of forex trading and the basic requirements to trade forex  today. 

What is Forex trading

Forex trading is an investment package that allows investors to buy and sell different currencies and other valuable assets in the hope of benefiting from their price volatility. 

History of forex trading

The history of forex trading dates back to ancient times (over 6000 BC) when the first exchange market was created in the form of trade-by-barter. The common practice then was to exchange goods (Commodities) with their equivalence. This was later replaced with the introduction of currencies like the silver coins which became the new means of exchange. 

However, the first organized forex market could be traced to 1871 when the Gold standard was introduced. The gold standard was chartered by the world wars and after the wars, the US dollar was established as the standard means of exchange following the Bretton Woods conference which lasted from 1944-1971.  

Nonetheless, online forex trading became more popular in the late 1990s when the internet was introduced. With the creation of the internet, it was easy to have online brokers who made it easy for individuals to participate in the exchange market from the comfort of their homes. At this point, forex trading spread like wildfire across all parts of the globe.

Has Forex trading Changed?

Forex trading is one of the oldest investment packages that has remained unchanged till the present time. The only change that could be said to have taken place in forex trading from its invention till the present moment is the possibility for the individual to trade forex from the comfort of their homes using the internet. This has been made possible with the advent of online brokers after the internet was created in the late 1990s.

Basic requirements for forex trading today 

There are four basic requirements for trading forex today. We have listed them below:

  1. Mobile phones or laptops: Good smartphones or laptops are needed to download the trading softwares. 
  1. Internet access: A strong internet connection is necessary to access the trading platform such as MT4 or any other trading platform provided by the broker. 
  1. Brokers: Brokers are the link between the trader and the market. They execute the trader’s orders at the market and deliver  the returns. There are a lot of forex brokers for beginners to choose from, especially the regulated brokers. 
  1. Minimum Capital: This is the amount the trader needs to begin his trading activity. The minimum capital required to begin trading could vary depending on the broker one chooses to trade with. Some brokers usually indicate the minimum capital as $10 while others require a higher amount of up to $100 to begin trading. 

Advantages of forex trading

  • Exposes the trader to the financial market
  • Helps investors in hedging against inflation
  • Serves as an investment package 
  • Provides employment opportunities for hedge fund managers
  • Provides an alternative source of income to the investors. 

Disadvantages of forex trading 

  • It is a risky investment
  • Consumes a lot of time and energy in analyzing the market 

Do UK-based investors have too much exposure to the FTSE 100?

Sam Allcock
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Do UK-based investors have too much exposure to the FTSE 100?

Globally, investors tend to invest more in their own market than in global equities. This is called home bias.

The same applies to the UK as well. People often invest in companies they are more familiar with. This may be because overseas markets can be perceived as riskier and more difficult to access.

Having a home bias is not necessarily a bad thing – it avoids currency risk, and markets are increasingly moving together – no country escaped Covid or the 2008 Financial Crash.

In the last year, UK investors have generally benefited from having a home bias. At the time of writing the FTSE 100 is down 3.13% over the last 12 months. This compares with a drop of 15.45% for the S&P 500 (US), 6.95% for the Nikkei 225 (Japan), 28.26% for the CSI 300 (China), 16.15% for the DAX (Germany) and 9.17% for the CAC 40 (France).

On the other hand, if you look at the UK stock market over a longer period, it has generally lagged behind its global peers in terms of performance.

Take a look at the last five years’ performance. The FTSE 100 is down 6.61% (although dividends have helped a bit) compared to an increase of 50.75% for the S&P 500, an increase of 21.63% for the Nikkei 225, a drop of 12.12% for the CSI 300, a drop of 1.71% for the DAX and an increase of 13.45% for the CAC 40.

Table: Figures correct as at 31st October 2022. Source selectwealth.co.uk

Furthermore, the weakening pound has been a boon for overseas investors.

Select Wealth Managers state “Due to the FTSE’s large exposure to the UK, investors have minimal exposure to ‘New Economy’ tech companies, whilst having large exposure to ‘Old Economy’ stocks such as Shell, BP and British American Tobacco”.

Losing out on the extraordinary growth of some of the big tech companies will have had a detrimental effect on investors’ returns.

As an example of how much these companies have grown, Apple now has a market capitalization of $2.5 trillion. In comparison, Shell has a market capitalization of £171 billion ($197 billion), making it the largest company on the FTSE 100. In fact, Apple currently has a greater market cap than all the companies on the FTSE 100 combined.

A high level of exposure to one country can also increase political risk, as evidenced by the recent mini-budget, and may prevent investors from taking advantage of global opportunities.

In that case, what’s the answer?

Diversifying a portfolio across asset classes, sectors, and countries should help reduce the volatility of your returns and the risk of being overexposed to one country or sector.

If you wish to increase your overseas holdings but are concerned about Sterling strengthening, you can consider Sterling-based funds that hedge the currency. Extra fees incurred to hedge currency are usually small.

This information is based on our current understanding and is subject to change without notice. The accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is only for informational purposes. 

The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.

Car Taxes in the United Kingdom

Sam Allcock
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Car Taxes in the United Kingdom

Taxation is a contentious issue in any country, and the United Kingdom is no different. In this blog post, we’ll be taking a close look at car taxes in the UK. We’ll explore everything from the history of car taxation in the UK to how electric and hydrogen-powered vehicles are taxed today. So, whether you’re a resident of the UK or just someone with an interest in taxation, read on to learn everything there is to know about car taxes in the United Kingdom.

A Brief History of Car Taxation in the United Kingdom

The taxation of cars in the United Kingdom has a long and complicated history. The first car tax was introduced in 1889, when Britain’s very first motor vehicle tax was levied on every car registered in the country. This tax was based on engine size, with larger engines being taxed at a higher rate. In 1903, the annual car tax was abolished and replaced with a system of vehicle licensing which required all drivers to register their vehicles with the government and pay an annual fee.

In 1930, the government introduced a new system of car taxation called Purchase Tax. This tax was based on the purchase price of the vehicle and was payable when the vehicle was bought. The rate of Purchase Tax varied depending on the size and power of the engine, with more expensive cars being taxed at a higher rate. In 1937, Purchase Tax was replaced with an annual road tax which was payable by all drivers regardless of whether they had bought their car that year or not.

The current system of car taxation in the United Kingdom is based on Vehicle Excise Duty (VED). VED is payable annually for all cars registered in the UK and is calculated according to emissions levels. Cars which emit less than 100g/km of CO2 are exempt from VED, while those which emit more than 255g/km are subject to a surcharge on top of the standard VED rate. Electric and hybrid vehicles attract a lower rate of VED than petrol or diesel vehicles. An online car tax check will tell you exactly how much taxation there is on a single specific car. All you need is the license plate number. 

As you can see, car taxes in the United Kingdom have undergone several changes over the years. However, one thing remains constant: if you want to drive a car on public roads in the UK, you need to pay your taxes! Whether you’re driving an electric vehicle or a petrol-powered one, make sure you’re up-to-date on your VED payments so that you can avoid any penalties from HMRC.

Causes of Your Financial Struggle

Sam Allcock
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Causes of Your Financial Struggle

Do you feel envious whenever you hear about one of your old pals achieving success on the big stage? After all, you want to achieve success just as they do, and you are aware that you put in an adequate amount of effort toward that end.

But what might be the enigmatic reason you are still unsuccessful and appear to be mired in a life where you live paycheck to paycheck?

You have no financial objectives.

Do you remember how your motivation to earn a diploma assisted you in achieving success in school? That is why it is so important to have goals for yourself. If you do not have a financial objective in mind, it is simple to become distracted and engage in pointless spending to the point where you no longer live within your means.

You should make it a goal to have a particular amount of money saved by the end of the year, regardless of how little it is or how your Luxury Lifestyle currently is. If you are successful, it will encourage you to set aside a larger amount of money the following time you save. Before you realize it, you will have accumulated sufficient savings and carefully developed the mentality of spending.

You are prone to making impulsive purchases and have poor financial practices.

Most of us have poor spending habits because we have “wants,” which causes us to be eager to swipe our credit cards. If you have a credit card, you should quit thinking it is not an issue if you run out of cash.

It will simply lead to further complications. To paraphrase an oft-quoted statement by a well-known investor, “if you can’t pay for it in cash, it merely implies you can’t afford it,” keep in mind this famous saying. Gain an understanding of the difference between your necessities and your wants.

You have poor taste in companionship.

The influence of one’s peers is rarely positive, especially if it causes one to spend more money than is within their financial means.

Why socialize with individuals with the type of money that allows them to have costly preferences when you don’t have the kind of money they do? You should select a way of life that is compatible with your financial constraints, and it will be helpful if you have the sort of friends who can encourage you to save money rather than squander it.

You can’t seem to stop putting things off.

You may have intentions to save money, establish a financial goal, avoid spending your hard-earned money on the incorrect stuff, etc.; nevertheless, you continue to put off doing any of these things because you believe there is still time to accomplish them tomorrow.

The day after tomorrow will not run out, but your money will. If you need to take action about your financial situation, the time to do so is right now.

Conclusion

Every cent put away in the piggy bank is a penny earned. That is true for everyone and everywhere. Even if you only put away one dollar every day, in a month, you will have thirty dollars, and after a year, you will have saved $360.

Imagine if you tried to make it twice or even three times as much. When you decide to start saving, it will be helpful if you forget about it and do not imagine that there is an “extra” someplace you can spend on something else you desire. This will help you save more effectively.

How to Ensure you are Safe While Surfing on the Net

Sam Allcock
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How to Ensure you are Safe While Surfing on the Net

While the Internet offers a wealth of information and opportunities, it’s also important to be aware of the dangers that come with it. 

There are different ways in which people interact with the Internet. Many people play at online casinos. Consequently, many have also encountered security problems and scams. But there are equally safe and secure sites to have fun online, for example Fun88 – link vao fun 88.

How to be aware of cyberbullying while surfing the net

While the internet can be a great place to connect with friends and family, it’s important to be aware of the dangers of cyberbullying. Cyberbullying is when someone uses the internet to deliberately hurt or embarrass another person. It can include posting mean comments, spreading rumors, or sending threatening messages. 

If you’re being cyberbullied, it’s important to tell someone who can help, like a parent or teacher. You should also save any evidence of the bullying, like screenshots or emails. This can be helpful if you decide to report the bullying to a website or social media platform. 

If you see someone being cyberbullied, don’t participate in the bullying and don’t forward mean messages. Instead, reach out to the person who is being bullied and let them know that you’re there for them. You can also report the bullying to a website or social media platform.

What are some common scams and dangers to be aware of while surfing on the net?

There are many scams and dangers that exist online, and it’s important to be aware of them in order to protect yourself. 

One common danger is identity theft. This occurs when someone obtains your personal information, such as your name, address, Social Security number, or credit card number, without your permission. They may then use this information to open new accounts, make charges on your existing accounts, or even commit crimes in your name. 

Another danger is viruses and other malicious software. These can be downloaded onto your computer without your knowledge and can cause serious problems. They may delete important files, steal personal information, or even damage your hardware. 

There are also many scams that exist online. These include phishing scams, where you receive an email that appears to be from a legitimate company but is actually a fake. The email may ask you to provide personal information or click on a link that will download malware onto your computer. Another common scam is advance fee fraud, where someone promises you a large sum of money if you send them a smaller amount of money first. 

To protect yourself from these dangers, it’s important to be aware of them and take precautions. Don’t click on links from unknown sources, don’t open attachments from unknown sources, and don’t provide personal information to anyone unless you’re sure they’re legitimate. Additionally, install antivirus software on your computer and keep it up-to-date to help protect against malicious software.

How to protect your personal information while surfing the net

It is important to be aware of the ways in which criminals can obtain your personal information, so that you can take steps to protect yourself. 

One way that criminals can access your personal information is through phishing scams. Phishing is a type of online fraud in which criminals send emails that appear to be from legitimate companies in an attempt to trick people into revealing their personal information. These emails often contain links to fake websites that look very similar to the real website of the company they are impersonating. If you click on these links and enter your personal information, the criminals will have access to it. 

Another way that criminals can obtain your personal information is by installing malware on your computer. Malware is software that is designed to damage or disable computers. Once installed on your computer, malware can allow criminals to track your online activity, steal your passwords, and even access your webcam without your knowledge. 

You can protect yourself from these threats by being careful about the emails you open and the links you click on. If you receive an email from a company that you do not recognize, do not open it. If you receive an email from a company that you do recognize, but it seems suspicious, do not click on any links or attachments. Instead, contact the company directly to verify that the email is legitimate. 

You should also install security software on your computer and keep it up-to-date. This software can help protect your computer from malware infections. Finally, be sure to create strong passwords for all of your online accounts and never reuse passwords across different sites.

There are a few things you can do to make sure you have a safe and enjoyable experience while surfing the net: use trusted sites, don’t click on pop-ups, and be aware of what information you’re sharing.

New Scale Up Visa Immigration Route To Live And Stay In The UK For 2022

Sam Allcock
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New Scale Up Visa Immigration Route To Live And Stay In The UK For 2022

The new Scale Up Visa immigration route is excellent news for businesses looking to expand into the UK. This visa route provides a fantastic opportunity for businesses that can demonstrate they have the potential to contribute significantly to the UK economy. The visa is also a great way for talented individuals with innovative ideas to make their mark in the UK.

If your business is eligible and you fulfil all the scale up visa requirements, make sure you apply for it. The sooner you apply, the sooner you can start taking advantage of all the UK offers. With this visa, you’ll be able to stay in the UK and conduct business for an extended time. Read to find out more about the requirements and eligibility. 

What are the Requirements for the Scale Up Visa?

To be eligible for the UK scale up visa, you must meet the following criteria: 

  • You must have a high-skilled sponsored job for an initial six-month period. Those who don’t have sponsorship must have £1270 for a consecutive 28 days period. 
  • You must earn £33000 or more per year or an hourly rate of £10.10.
  • Your company must be registered in the UK. It should have a yearly growth of 20% for a 3-year period. 
  • You must comply with the UK visa requirements. This includes having a valid passport and demonstrating that you can support yourself financially during your stay.
  • All the fulfilled UK scale up visa 2022 requirements must add to a score of 70 on the visa application.
  • The financial proof requirement for the spouse or partner is to have £285 in funds, or there must be a sponsorship. A dependent child should have a £315 proof of funds for eligibility, followed by £200 for additional children.

How Long Can You Stay with the New Scale Up Visa?

With the scale up visa 2022, you can stay for two years. You may extend your visa multiple times by three years to continue your work. The two-year period gives you enough time to establish your business and make it grow. And if you need an extra three years to continue expanding your company, you can apply for an extension. 

To be eligible for the visa extension, you must meet the eligibility criteria of business growth and good finances. You may have to show that you have the funds to support your business and dependents while in the UK. 

Advantages of the Scale Up Visa

These are the few advantages of the new scale UK visa. 

A straightforward and quicker application: Perhaps the most obvious is that it makes the process of coming to the UK much simpler and faster. Applicants no longer have to go through the laborious process of gathering documents and submitting them in person.

Freedom for business owners: The new visa is also good for business owners, allowing them to bring their employees over more quickly. This will be useful for companies who want to expand into the UK market but don’t have the time or resources to do so themselves. 

Fewer obligations: After working for six months for the sponsor, the visa holder is free to work on additional projects or start a new business. 

Family visa: The new visa makes reuniting easier for families, which is always a good thing. Spouse/partner and children under eighteen years of age may submit the visa application, provided they’re eligible. 

In Conclusion

The new scaleup visa UK Immigration route to live and stay is an excellent opportunity for business owners who want to expand their businesses into the United Kingdom. There are several prerequisites for the visa application process. 

By choosing an immigration lawyer with experience in this process, you can be assured that your application will be handled professionally and with care. With the help of a qualified legal professional, applying for this visa should be a breeze. Contact Mishoura today to get connected with immigration experts. 

How to Become a Self-Made Millionaire

Sam Allcock
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How to Become a Self-Made Millionaire

Becoming a self-made millionaire takes effort and knowledge. One peculiar thing about millionaires is that they know how money works and so they make money work for them. As such, to become a self-made millionaire, you too need to learn financial literacy. Also, you need to create multiple streams of income by investing in different investment vehicles like stocks and shares, certificates of deposits, and annuities.

Here, you are going to learn how you can become a self-made millionaire.

Build Multiple Streams of Income

To become a self-made millionaire, you need to develop multiple streams of income. Millionaires do not depend wholly on their paycheck. The average millionaire has at least 3 streams of income. You need to build both active and passive sources of income.

Some of the streams of income that you need to build include earned income from a paycheck, profit income from businesses, dividend income from stocks, interest income from savings, and rental income from real estate. With these streams of income, you can retire early and you don’t have to work on a day-to-day basis to earn a living.

Start Investing

The other thing you need to do to become a self-made millionaire is to invest in multiple investments. Some of the best investments for millionaires include stocks and shares, real estate, treasury bonds, certificates of deposits, and annuities. 

It is important that you start investing early to give your investments enough time to grow. Besides, it also gives you the advantage of compounding interest; you have more time to earn interest from your investments.

Learn Financial Literacy

To become a millionaire, you must learn how money works. Millionaires don’t work continuously for money. Instead, they make money work for them. To do so, financial literacy is important. Financial literacy equips one with skills like investing, budgeting, saving, borrowing, and taxation.

These skills are very important when building wealth. They help you organize your finances by saving money and investing it to build more wealth. You also get to know how tax policies work and how to avoid tax, which is legal.  Generally, you get to know how money works and use the knowledge to grow your money.

Pay Off Your Debts

Debts are not bad if used well. But even so, you need to pay off your debt to cut on cash outflows due to interest and other fees that come with debt. The only way to save on these costs is to pay off debt. Although millionaires borrow money, they try as much as possible to keep away from debt.

However, you can still use debt to build wealth. But make sure the returns from your investments are higher than the rate of interest on the debt. There are many rich people who use debt to create wealth. However, they make sure that the cost of debt is lower than the interest payable.

Live Frugally

Millionaires know how to save money by living frugally. They avoid unnecessary spending and use the money to invest. One of the world’s richest people, yet very frugal in their spending are Warren Buffett and John Caudwell.

Billionaires like Elon Musk don’t own a home and at some point, he used to sleep in his friends’ spare bedrooms. This helped him set aside money to invest in his companies. As such, you too need to find all unnecessary expenses and do away with them.

Have a Financial Plan and Budget

All millionaires have a financial plan for the things they want to achieve. You too need a financial plan. Planning for the things you need helps you avoid wasting resources on unnecessary spending. Besides, it makes you focused and gives life meaning. You get motivated to wake up every day and chase your dreams. So, if you don’t have a financial plan, come up with one soonest possible if you intend to become a millionaire.

Avoid Keeping Up with Joneses

Trying to keep up with your peers is a bad financial move that can land you in a debt trap. Many people borrow to keep up with a life they can’t afford just to be like their peers. This is not a thing for millionaires.

So, live up your life and chase your dreams if you want to become a self-made millionaire. Let your peers live their life, maybe they don’t have goals like you do. Be focused and don’t try to live a life to please anyone.

Utilize Tax Deductions

Millionaires are very good at avoiding taxes. Tax avoidance is legal it can help you save money you would have otherwise spent. You too need to start taking advantage of tax deductions and learn how to taxes work. That’s why financial literacy is very important if you want to become a millionaire.

Some of the ways rich people avoid tax are by receiving salaries in form of stock options instead of getting paid in cash. Increases in stocks are not taxed unless when you sell your stocks at a profit.

Associate with Successful People

Finally, you need to associate with successful people. You will get to learn a lot from them and you can seek advice from them. Millionaires always seek advice from experts like accountants and lawyers. And since they have been through challenges you are likely to encounter in your journey to becoming a self-made millionaire, they can offer you valuable information free of charge.

Summary of How to Become a Self-Made Millionaire

Becoming a millionaire comes with a fair share of challenges. Just like many other millionaires, you too can overcome these challenges and become a self-made millionaire. You need to develop a rich mindset and start thinking and doing things like a millionaire. You need to start investing and creating multiple streams of income. Finally, be patient and keep working hard, and know that becoming a millionaire does not happen overnight.

BBare Shows the Perfume Industry How Clean Beauty Care is Done

Sam Allcock
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BBare Shows the Perfume Industry How Clean Beauty Care is Done

Unilever is the world’s second largest supplier of cosmetic care. Two of their brands, Dove and Axe, advertise themselves at cross purposes. Dove runs ads to promote women’s self-esteem, while Axe runs ads that show women overcome by an irresistible masculine scent. One elevates women, the other degrades them. Add on top of this the abundance of toxic chemicals used in their products, just like the rest of the industry, and it quickly becomes clear that for the big beauty brands all that matters is taking our money. Shouldn’t we want what we put on our skin to actually be good for us, and good for the planet? Outside of unaffordable luxury products, this was just a dream.

Thankfully for us, it was Chantelle Thompson’s dream, and Thompson has brought that dream to life. Thompson’s company, BBare, launched in 2020 with the mission of making the best beauty care products that were vegan, animal cruelty-free, good for you, and affordable. With the launch of their newest product line of perfumes, BBare has shown just how seriously they take this commitment to clean beauty care.

BBare’s perfume pods are made with vegan and high-quality ingredients, meaning they are gentle on the skin. Their small size promises they are extremely easy to travel with or throw in your purse for a night out. A small mirror attached to the pod makes them super useful as well. With a wider range of scents than any other serious competitors, it is no surprise that Instagram celebrity and lifestyle influencer Tara Maynard was eager to partner with BBare and launch a marketing campaign. Following the campaign, in only 72 hours the pods had completely sold out. If you are interested in other offerings, BBare crafts their products with their entire lineup in mind. Their body balms come in the same scents as the perfume pods so they are easy to pair without worrying over scents clashing.

Although BBare is based in the United Kingdom, their roots in the beginning of the pandemic mean that BBare could not have succeeded without a strong understanding of the digital marketplace. Now, with an easy-to-use website and a strong social media presence, BBare is available anywhere in the world. To see the products for yourself, you can visit BBare’s website here, or follow them on Instagram here.

A guide to starting out in property development by Mike Collins Mortgage Broker

Sam Allcock
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A guide to starting out in property development by Mike Collins Mortgage Broker

Financial advisor Mike Collins explains the main pointers when it comes to getting started in property development

So you‘ve watched Homes under the Hammer and you think, yeah I could have a go at that.

It certainly looks easy in those auction rooms, sticking your hand up and then in half an hour a house has turned from a damp squib into a fairly reasonable two-up, two-down in Dudley.

There’s more to it – but here a few pointers to get you going!

Choosing the right location

If you’ve got your mind on being a landlord, you’re looking for a buy-to-let mortgage.

And the most important factor is getting the area for your property right.

You must do your research on an everything locally – what could put tenants off, what is around the area to do, how expensive is the council tax…

Obviously buying in the most expensive part of town is going to set you back a lot of budget but sometimes it won’t be appropriate for what you need.

Look at potential properties with an eye on the local amenities such as a local shop that you could walk to, a school not too far away, perhaps a post office or places to eat at or buy a sandwich from. Where is the nearest bus, tram or train?

Fringe areas of popular towns are always a good shout as people tend to look there when they can’t afford the prices of pricey areas.

Young professionals will want to get to cities easily, whilst some people want to be within touching distance of a motorway or main road.

Picking the right finance

It’s always worth seeking advice from a finance advisor as they’ll have dealt with very similar scenarios to your own.

Luckily, there are lots of different funding options to finance your property development, obviously dependant on the size and length of your project, as well as the property you plan to buy or refurbish.

If you’re planning on being a landlord, you need a buy-to-let mortgage. This could mean you need a HMO (houses in multiple occupation) where each room in the house would have a separate lock.

If you’re planning to do up an existing property, you may only need a light refurbishment loan. Commercial mortgages are needed when a business is being run on the property but rates for these currently are very high.

You may find a bridging loan is a great option to ‘bridge’ a gap between finance becoming available.

Check out the best products

Many lenders chose to pull products when interest rates went up as the current market is in turmoil.

The Bank of England recently raised interest rates by 0.75 percentage points – a level not seen since 2008, as the UK battles with soaring inflation.

It’s the 8th consecutive rise since December 2021. Less than a year ago, the base rate was just 0.1%.

Depending on what you plan to do with the property will change what kind of product you need.

Buy-to-let mortgages are required for individuals who want to purchase or refinance property that they will let out as a long-term investment. That means it will generate income.

Short-term funding is more appropriate for people who want to flip a property – or develop it and resell for a profit.  Rare usually more expensive that buy-to-let options.

More considerations

Be sure you have a solid time frame as some lenders will charge you more if your project spreads over the loan term that was agreed.

Some lenders only operate through brokers, some of whom can achieve cheaper deals. It’s always worth tracking down a specialist for a chat but make sure they have good reviews.

The best thing you can show lenders is that you have a good exit strategy that you can demonstrate. Make sure you can prove that similar properties are selling at the expected price or that if you plan to keep it, you can definitely get a buy-to-let mortgage when your project is finished.

You should always seek advice from an independent mortgage adviser before you agree to a financial commitment.

How Students Can Create a Website That Sells

Sam Allcock
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How Students Can Create a Website That Sells

If you’re a student with something to sell, whether it’s a physical product, digital download, or service, there are many things to consider when creating a website. You should focus on delivering a simple, trustworthy, and visually appealing site that’s properly optimized for search engines.

It might take a lot of time and knowledge to create such a nice and effective internet resource. Therefore, you can buy essay to free up some time for creation and get expert advice on how to do it in the best way. In this post, we’ll go over some key points on how to create a website that sells effectively.

A Step-By-Step Plan For Making a Website

Before anything else, you need to determine what kind of website you want. The three most common types of websites are:

  • E-commerce sites,
  • lead generation sites,
  • content marketing sites.

Each has its strengths and weaknesses, so it’s important to choose the right one for your needs. An E-commerce site is the best option if you plan on selling products directly from your website. If you want to generate leads or promote your content marketing efforts (like blog posts), then a lead generation site or content marketing site would be better suited for your needs.

Once you know what type of website you want, the next step is choosing a domain name and web host. Your domain name should be short and easy to remember – something like “yourname.com” will do fine. As for web hosting, there are many different options available; just make sure that whichever one you choose offers good uptime (99%+) and customer support in case anything goes wrong with your site.

Now it’s time to start building your website! If you choose an Ecommerce platform like Shopify or BigCommerce, they will have built-in templates that make it easy to get started – just add your products and start selling!

For other types of websites, WordPress is usually the best option as it powers millions of websites around the world. There are also tons of free themes and plugins available, which makes customizing your site very easy.

Once your website is up-and-running, all that’s left is promoting it!You can start by telling all your friends and family about it, as well as using social media platforms like Twitter, Facebook, Instagram, Snapchat, etc.

Another great way to get traffic is through search engine optimization (SEO); this involves optimizing both on-page elements (like titles & descriptions) as well as off-page factors (such as backlinks ). By doing this, you can rank higher in Google search results which will result in more people finding out about & visiting your site.

5 Rules for Making an Effective Website

If you’re selling products or services through your website, there are some key things to keep in mind to make sure your site is effective.

1.    Keep it simple

Your website should be easy to navigate and understand. Don’t try to cram too much information onto the page – focus on delivering the most important messages clearly and concisely. And make sure your call-to-action is prominently displayed, so visitors know what you want them to do next (e.g., buy now, sign up for a free trial, etc.).

2.    Make it trustworthy

Your website needs to build trust with visitors if you want them to hand over their hard-earned cash. Include testimonials from happy customers, display security seals, and show off any awards or accolades you’ve earned. You can also use customer reviews from third-party sites like Google Customer Reviews or Trustpilot. If you have an E-commerce store, consider installing an SSL certificate which will encrypt all of your customer’s data and give them peace of mind that their personal information is safe.

3.    Use high-quality images

People are visual creatures, so make sure your website is visually appealing. Use high-quality images (including product photos if you’re selling products) and avoid using too much text. The goal is to give visitors a quick snapshot of what you have to offer, so they’re encouraged to explore further.

4.    Keep it updated

Make sure your website is up-to-date with the latest information about your products or services. If you’re constantly changing your prices or offerings, be sure to update your website accordingly. You should also keep an eye on your competition and see what they’re doing. If they’re making changes that could impact your business, make sure you adjust accordingly.

5.    Offer something unique

What makes your website different from all the others out there? If you can’t answer this question, then you need to find a way to stand out from the crowd. Whether it’s through lower prices, exclusive products, or outstanding customer service, find something that sets you apart and use it as a selling point.

Additional Issues Not to Forget About

Your site should load quickly

No one wants to wait around for slow-loading pages. Make sure all of your content is well-written and error-free; sloppy work will turn potential customers away.

It’s important to offer competitive prices

Many people shop online because they can find better deals than they would at brick-and-mortar stores; if your prices aren’t competitive, chances are good that potential customers will simply click away from your site in search of better deals elsewhere.

Offer a wide range of payment options

Buyers want to buy when they can pay in the way that’s most convenient for them.

Provide excellent customer service

Prompt responses to questions and concerns can make all the difference when it comes to keeping customers happy (and coming back). This could include live chat, a contact form, or even just an email address. And respond promptly to any queries — the faster you can resolve issues, the better.

Offer returns and refunds

You should also make it easy for customers to find your return policy and shipping information, so they know what to expect before they make a purchase.

Final Thoughts

Creating a website that sells doesn’t have to be complicated. Just remember to choose the right platform, get a good domain name & web host, and promote your site once it’s live. Good luck!

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