Editorials

• Editorials
• NHS Or Private
• Holiday Home Abroad
• HIPS
• Mortgage Rates
• Don't Worry
• Credit Cards
• (ISA) Limits Are Changing
• Fancy Paying Off Your Mortgage Early
• Can ERNIE make you a millionaire?
• Practice Refinancing
• Business Partner Protection
• Credit Crunch
• Practice Financing
• What Is Retirement Planning
• Practice BuyOut
• Not Another Tax Change, Or Is It...
• Stamp Duty Land
• Make The Most Out Of Your Debt
• Introduction to Credit Crunch
• Child Trust Funds
• Capital Repayment Vs Interest Only
• Wills
• Property Money Saving Ideas
• Practice Plan

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Editorials

NHS Or Private

money4dentists, the specialist independent financial advisers to dentists (IFA’s), have over 50 years experience behind them to exclusively advise dentists & partners of dentists. Principal, Richard T Lishman is married to Jane, a dentist and is fully aware of the financial challenges faced within the profession.

Holiday Home Abroad

Holiday homes abroad, bought either for a second home or to let can be a great investment and add diversity to your portfolio. So let’s look a little closer at the process involved…

HIPS

Do you agree with the NAEA/Rics or Ahipp about Hips?
Have they been a help or a hindrance to the housing market? Should mortgage lenders be consulted again to see if they would all be willing to accept a single survey? Would that make Hips better value?

Mortgage Rates

All over the newspapers and television you will struggle not to have read and heard about the credit crunch and the number of lenders in the mortgage market withdrawing deals. However rest assured that it is still possible for dentists to secure great mortgage deals.

Don't Worry

All over the newspapers and television you will have read and heard about the credit crunch and the fact that the number of lenders in the mortgage market is falling. However rest assured that it is still possible to secure a mortgage.

Credit Cards

With the cost of living rising, many dentists are turning to credit cards to fund their lifestyles. So if you are not one of the lucky ones who clear their balance each month then you may well be familiar with the credit card balance transfer rates on offer.

(ISA) Limits Are Changing

In the current tax year 2007/8 you can save up to £7,000 in an Individual Savings Accounts, more commonly referred to as ISAs. But this figure is on the increase for the 2008-9 tax year. Here, money4dentists Richard Lishman explains:

Fancy Paying Off Your Mortgage Early

Fancy paying your mortgage off early?
The benefits of offset mortgages particularly for the self employed are frequently advertised so let’s look at exactly what is meant by an offset mortgage and the potential benefits to you:

Can ERNIE make you a millionaire?

Premium Bonds keep your money secure and may make you a millionaire. Richard T Lishman explains
This morning I was excited to be greeted by the postman with another winning cheque and even though it was only £50, it was better than nothing!

Practice Refinancing

Cheap borrowing rates make this a very good time for dentists to consider refinancing their practices. Apart from taking the opportunity to lock your business into low interest rates, you could also save on income tax while releasing funds for the further expansion of your practice – or for investment elsewhere, such as in your pension fund or property.

Business Partner Protection

In a world where nothing is certain but death and taxes, it’s wise to protect yourself and your business partners against the consequences of death and critical illness. Richard Lishman explores your options

Credit Crunch

Over the last few months, virtually every paper has the words credit crunch printed, so lets explore what exactly this means.
The most publicised area has to be mortgages and Northern Rock. Well if you happen to have a mortgage with Northern Rock then you will know its business as usual. If the situation at Northern Rock does deteriorate then chances are all their mortgages (commonly referred to as the mortgage book) will be sold on to another lender. As mortgages are regulated contracts, the terms and conditions cannot be changed so the process should have very little impact on you as the customer.

Practice Financing

Following the interest we recieved after last months feature of The Dental Spa, Smile approached RICHARD LISHMAN of money4dentists, to discuss the essentials of a business plan when looking to set-up your own practice.

What Is Retirement Planning

What is Retirement Planning?
It is generally accepted that retirement planning is about ensuring that you have sufficient financial resources to enjoy your retirement. Although most attention is placed on the provision of a pension, it is also wise to consider the timing of debt repayment, the mortgage on your home in particular, to ensure the majority is repaid before you retire.

Practice BuyOut

The Financial Services have seen a significant change in what exit strategy is adopted to an IFA when leaving financial services or retiring. This is great news for the FSA, as well as the clients, as it means that clients don’t get left out in the cold when their adviser is no longer working for them. In the past it was quite common for an advisers clients just to go back into the client pot within the practice (often referred to as orphans) where they could get forgotten about.

Not Another Tax Change, Or Is It...

This year the Chancellor's Pre-Budget report caused quite a stir, especially the proposals for changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT). It has been widely observed that the IHT change, which permits the transfer of any unused nil rate band between married couples and registered civil partners, was introduced in response to the Conservative proposals to expand the nil rate band.

Stamp Duty Land Tax

Stamp Duty Land Tax - Do you really need to pay it!
Stamp Duty Land Taxes (SDLT) are payable on land, property and shares. The tax applied will depend upon the type of transaction involved.

Make The Most Out Of Your Debt

In the press over the last few months you may have noticed that personal debt in the UK is at an all time high, so lets explore some of the implications and options available.
If you incorporate this personal debt into your mortgage are you actually doing the right thing?

Introduction to Credit Crunch

“In this world nothing is certain but death and taxes” Benjamin Franklin
money4dentists, the specialist independent financial advisers to dentists (IFA’s), have over 50 years experience behind them to exclusively advise dentists & partners of dentists. Principal, Richard T Lishman is married to Jane, a dentist and is fully aware of the financial challenges faced within the profession.

Child Trust Funds

A head start in life…. from the Government
Children that were born and are resident in the UK since 1st September 2002, will qualify for a Child Trust Fund (CTF) account, provided they are eligible for child benefit.

Capital Repayment Vs Interest Only

Richard T Lishman is the principal at money4dentists, a specialist firm of Independent Financial Advisers who help dentists across the UK manage their money and achieve their financial and lifestyle goals.

Wills

Richard T Lishman is the principal of money4dentists, a specialist firm of Independent Financial Advisers who help dentists across the UK manage their money and achieve their financial and lifestyle goals.

Property Money Saving Ideas

When selling property or land, always haggle with estate agents to get the best deal. Attempt to play off one against another to get the best service at the best price. Make sure you pick the one that is right for you.

Practice Plan

Working with your Independent Financial Adviser to negotiate the best private practice by Richard T Lishman, principal of money4dentists

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