Life cover for your family – is it critical?

I could give you the quick answer of yes but that would make for a very short article. Instead I want to provide a little information about the types of cover and benefits so you can make an informed decision about what is best for you and your family. This is your guide to pretty much everything you need to know about life cover and associated benefits

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A guide to buying property & getting a mortgage in Dubai

Buying a property in the UAE can be daunting, especially for the first-time buyer. Expats have only been able to buy here since 2001, and only in specific areas, so many people are unfamiliar with the process as it can be quite different to a home country. As buying a home is the largest purchase most of us will ever make, it is important to get the facts.

I have an excellent in-house mortgage department and we can walk you through the full process from finding a property, getting mortgage approvals, the final offer, to dealing with the Land Department at completion.

This article is a guide to what you need to know when buying property in Dubai. I have already written an article on the buying process in the UK and there will shortly be another about the tax issues to consider in respect of UK property ownership.

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An expat’s guide to buying property in the UK

No matter what is happening in the rest of the world, interest in the UK housing market remains strong with many people looking to buy a property as part of their portfolio of investments, or as a future home.

For expats, it is harder to obtain a UK mortgage but I have an excellent in-house mortgage department with the largest panel of lenders of any broker in the Middle East and we focus on assisting expats buy property in both the UK and the UAE.

This article is a guide to what you need to know when buying property in the UK and there will shortly be two companion pieces, one about buying in Dubai and another about the tax issues to bear in mind in respect of UK property ownership.

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The financial mistakes that you really want to avoid

Everyone moves to the UAE with the best of intentions but it is easy to get side-tracked by the attractions, the fun and sun and forget that you planned to be sensible. The laws here are also very different to those in most of our home countries so it is good to have a  reminder of what to avoid and what not to do.

I recently wrote an article on this topic for Good magazine, published in the March 2017 issue, and these are all the points covered.

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UK Budget March 2017 – the main points for expats

9th March 2017 saw the final UK Spring Budget as the announcements now move to the Autumn. As ever there were a number of measures that will affect expats, including a surprise regarding pensions. This article is a brief overview of some of the main points with particular reference to any changes that have relevance to those living outside of the UK.

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Want to save money on your currency transfers?

Given all that has happened over the past year we’re all pretty switched on to movements in exchange rates these days and we look to move our money when it is beneficial. Despite this far too many people are using their online banking system for transfers but this is rarely the best option as not only is there usually a fee, the exchange rates are rarely competitive. If you want to save money on your currency transfers read on.

With Sterling being relatively weak compared to the US Dollar, the currency to which most GCC currencies are pegged, it is still a good time to move your Dirhams, Riyals or Dinars to Sterling although there have been suggestions that we may see some movement the other way before too long.
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What’s your financial personality type?

We all have certain beliefs and behaviours that guide us in our choices in life, whether that is in respect of the food we eat, how we live, the way in which we work or bring up children, our political views etc,  so it stands to reason that these personality traits cross over to our financial identities.

Although the financial services industry tends to pigeon hole people into various categories such as balanced investors, retirees, young married, cautious types and more, I believe that there is a whole other set of identities that relate to how we run our financial lives.

You may have heard people claim that they are a ‘spendthrift’ or that they are ‘saver’ but I think it is a little more complex. In reality we rarely have such black and white styles of money management.

There have been a number of studies with authors listing up to 20 different personality types but I have narrowed it down to seven which I think cover most of us.

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