All Questions
Tagged with loans united-kingdom
42
questions
0
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0
answers
77
views
Are all my sources of income considered when calculating the repayment of my student loan?
Actually, I have two questions.
I have a student loan income-based repayment, from my studies in the UK. Are any other income sources rather than my salary considered?. For example, a rent I get from ...
- 1
0
votes
0
answers
87
views
My parents live in England. I live and file taxes in the US. I want to make them an interest free loan to buy a house. Payable at death / house sale
I considered purchasing it as joint tenants in common but that triggers stamp duty on the entire purchase as I’m a non UK resident. I thought they may be able to amend their will to represent the ...
- 1
0
votes
3
answers
520
views
If I owe £100k as a directors loan, do I have to pay back £100k
If I have a directors loan of £100k taken out in the UK and I am now look to pay this back. Would I be looking to pay the full £100k or is it calculated differently?
I am slightly confused here, when ...
- 219
0
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3
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868
views
Are there any advantages to PCP car deals beyond a low monthly payment - even though you don't own the car?
Up to now I've bought every car I've owned outright.
Due to changes in my family situation I need a bigger car. I'm looking at a used (albeit low mileage) car which is priced at £11,300. I could sell ...
user127538
1
vote
2
answers
608
views
EU APR calculation, solving for APR
I'm looking for some help with a finance homework. We've been given the FCA calculation for APR:
Source: https://www.handbook.fca.org.uk/publication/handbook/graphic/13449.png
We've also been given a ...
- 11
1
vote
0
answers
44
views
Do you need to pay any income tax on a director's loan in the UK?
If there is large director's loan, say £40,000, but that amount is paid back before the deadline of 9 months past the company year end, and the interest is paid to the company at HMRC's recommended ...
- 279
5
votes
1
answer
2k
views
UK Student Loan - Overseas Arrears
I graduated from university in 2011 with student loans totalling roughly £30k. After a brief stint working in the UK, I moved to work in Japan. A month or so after moving I informed SLC of my new ...
- 51
0
votes
2
answers
92
views
Finding weekly interest on loan payments
In order to know how much interest I will be paying on weekly basis, I have this information:
Capital: 313 pounds
APR: 48.5%
Payments periods: 104 weeks
How do I know how much interest I'm paying ...
- 111
1
vote
3
answers
284
views
How to afford an expensive medical operation abroad from in the UK?
I'm currently investigating ways of getting an expensive medical operation done in Spain. It's not something the NHS covers and after doing a lot of looking around I've decided that this is best ...
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19
votes
14
answers
16k
views
I’m 18 years old and want to finance a £30,000 car [duplicate]
I'm 18 years old and I've always wanted an Audi Q5. Currently, I'm working full-time. I earn £28,800 annually and that will be due to go up soon. The car I've had eyes on costs £31,789. The monthly ...
- 255
5
votes
1
answer
1k
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How to obtain "Negative Equity Insurance" aka "Home Equity Protection" aka "Equity Protection Policy" in the UK?
I'm searching for an insurance policy to protect against negative equity on a residential real-estate.
The risk I'm trying to protect against is that house prices will fall.
I'm looking for ...
- 483
7
votes
1
answer
6k
views
Student debt in arrears from living overseas- what to do?
I have been living overseas for 3 years and did not inform the student finance company (stupid, and totally my fault!) and they have recently sent me a letter asking to confirm my employment status- a ...
- 71
7
votes
1
answer
2k
views
Consequences of student debt in the UK after moving to the US
My British wife went to university in the UK from 2001 to 2005. She got a student loan with SLC and was never charged anything because her income was too low. She left the UK in 2011, never earning a ...
- 1,163
0
votes
1
answer
90
views
Leasing a car on a personal lease vs withdrawing LTD funds to buy it for cash?
Every book, radio show or podcast for people wanting to become/stay wealthy would advise against leasing a car.
I agree a car itself is an expensive toy and lease even adds to this equation, but...
...
- 876
0
votes
1
answer
409
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Borrow money to move abroad
I live in the UK, and I am planning to leave the country next year for another European country.
I have lived in this country for more than 5 years, and I have an excellent credit score. I have also ...
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