- 106a Radipole Lane, DT4 9RT
- 7 Crown Square, DT1 3EN
- 01305 839506
- info@jyagroup.co.uk
- Client Portal (coming soon)
We are qualified to offer sound financial advice on Investments, Pensions, Wills & Probate, Residential Mortgages, Buy to Let Mortgages, Equity Release Mortgages including Lifetime Mortgages and Home Reversion, Commercial Mortgages, Life Insurance, Life Assurance and Life Cover (including critical illness, income protection and mortgage protection), Home Insurance for Buildings and/or Contents, Private Medical Insurance, Long Term Care Insurance, Estate Planning, Retirement Planning and Lasting Powers of Attorney.
If you have questions, get in touch by calling 01305 839506 or by emailing info@jyagroup.co.uk
We will reply within one working day, typically much quicker.
As fully independent financial advisors, we scour the whole market to ensure you know all of your options and that we are giving you the right advice for your circumstances and situation. We consider any potential tax implications, access requirements, your individual attitude to risk, level of protection, charges, performance and more.
Being fully independent means we can access all available mortgage deals in the country. We are not limited to a handful of lenders only. We can access all available interest rates, deals and lending criteria’s, giving you the best chance of securing the mortgage you need with the utmost competitive rates possible. We are led purely by whichever lender is going to give you what you require at the best possible price.
Our Wills & Estate Planner will talk you through how to ensure your estate is left to the people you wish to benefit. Potential issues like sideways disinheritance, unwanted intestacy rules, inheritance disputes, long-term care fees etc will all be considered and discussed in full. We offer a personal and genuine service; all work is underwritten by our legal team and covered by £2million in professional indemnity insurance ensuring your beneficiaries are being looked after in the best way possible.
It is never nice to think that there may come a time where you can no longer make decisions for yourself, unfortunately this becomes a reality for many people. There are however two Lasting Power of Attorney documents that can let your loved ones or someone you trust help you, they are the Property & Finance LPA and the Health & Welfare LPA. These documents are to some degree more important than a Will. If you would like to know more then we can talk you through how Powers of Attorneys work, when they come into play and why it’s so important for yourself and for your loved ones to have these in place whilst you still have capacity. Lasting Powers of Attorney can make the world of difference during a tough time.
Protecting your finances, your income, your home and standard of living are all hugely important if you have a mortgage, personal debt and/or a family, dependents or children. But insuring your health and your life is likely the most important assurance you’ll ever have that you family or business are taken care of should the worst happen. We will explain your options and ensure you understand what these options mean for you.
We always offer free, no-obligation consultations. We believe in face to face appointments (or the power of Zoom if that’s not possible) we offer out of office hour appointments and we can come to you should you prefer. We know nothing beats putting a face to a name, James Young Associates is a local, friendly family business , we treat you with the same respect and care that we treat our own families. We’re here as and when you need us, you won’t find any pressure or “sales talk” from us, just open, transparent conversations with your best interests at heart.
We get asked questions on a daily basis in regards to financial planning, including the below:
If you were to lose your income, would it impact your standard of living and/or your ability to pay your bills? If the answer is yes to either of those then yes you should be protecting your income. We can look at your circumstances as a whole, check if you have any employment sick pay and how long it is paid and at what level, and we will check for any other forms of income protection.
Equity Release is a way of releasing funds from your residential property in your later years to help pay for bills, home improvements, a round the world cruise, the world is your oyster! There are two different types of Equity Release and its very important you are considering the correct one. Get in contact and we can talk through your options.
As an independent adviser and broker firm, we can access the whole of the market and therefore all the different lending criteria’s that different lenders have including specialist lenders. This gives you significantly more options than just going into a bank on the high street, as banks can be very rigid with a “computer says no” attitude. We even work with lenders that do check your credit score!
There are different types of pensions, including Defined Benefits, Defined Contributions, Personal Pensions etc. Depending on the type of pension depends on your options, but generally most pensions have a tax free cash, tax free lump sum option. Get in touch with us and we can look at the type of pension you have and what options are available to you and when.
Once you reach your pension commencement age then you can begin to drawdown your pension, this means you can turn on an income to supplement any other income you receive. Depending on the type of pension you have will depend on the available options within your scheme, depending on your income and tax situation will depend on how much tax liability you will have. We can run through all of that with you and make a plan of action to ensure you’re receiving the income you need in the most tax efficient way possible.
There are lots of different options to create you an income from a lump sum of money, whether that be from inheritance, a pension lump sum or even a lottery win. We can discuss all the available options to you, what they mean in terms of tax and how much you can take.
Absolutely. Having an up to date will is very important to ensure your beneficiaries receive everything you intend them to have. It is also imperative to have the correct type of will with a property trust deed to ensure your property is safeguarded against long term care costs in the future. If you were to write your will yourself and for any reason there are any issues once you have passed away, it could mean part of your estate could fall under intestacy rules, which means your intended beneficiaries may not receive their share of your estate as you wished. Using a professional will writer means you are covered by professional indemnity, so any mistakes, you are covered by them. We have fully qualified inhouse will writers who are part of the Institute Of Will Writers on hand so please do get in touch to discuss this further.
This is the term used for when someone dies without a valid will in place. If someone dies without a valid up to date will then the “rules of intestacy” will apply. This will likely mean that your estate is not shared out how you wished.
In short, if you were to find yourself in a position where you couldn’t work and you couldn’t pay your mortgage, you could lose your home. There are lots of different types of life cover to suit different budgets and situations, but having cover in place can ensure that should you be diagnosed with a critical illness or you or your spouse pass away, then a lump sum is paid out to clear your mortgage in full. During a time of desperate need this can make all the difference.
Yes! As long as they are over 18 and you’re comfortable with the fact they could be making very important decisions about your health and/or wealth. For a wealth power of attorney it’s important to note the attorney cannot have been made bankrupt in the past.
