The Financial Conduct Authority, has announced that mortgage lenders can enforce repossessions of homes from borrowers unable to make repayments.  As many as 100,000 were on mortgage repayment holidays during the Covid lockdowns, but this came to an end this month. Even more borrowers have not been able to make repayments on loans and credit cards. The term “repayment holiday” implies that borrowers are being let off, but arrears are added to the loan resulting in higher payments for borrowers already struggling.  Lenders must follow guidance on when to repossess and only use court action as a last resort. The courts already have a backlog of all types of cases and bailiffs cannot be instructed by the courts until the end of May at the earliest in England and end of June in Wales, which means landlords may will not be able to gain possession of a property for several months. Those unable to make repayments can no longer apply for a deferral on mortgage, loan or credit card repayments, however. lenders can consider individual cases of hardship based on their specific financial circumstances. Will this lead to mass repossessions? Probably not mass repossessions, but definitely an increase and more motivated and distressed sellers. Unlike previous recessions, interest rates are at an all-time low – but watch out for those big step-up in payments after an initial fixed rate or discount, as well as HUGE FEES being added to the loan and increasing your debt. In better news for home buyers, lenders can now accept applications for a new Help to Buy scheme in England. This is a less generous version than the previous scheme and is restricted to first-time buyers. The Chancellor’s new 95% ‘mortgage guarantee scheme’ announced in the budget is due to be rolled out next year. With stamp duty holiday ending in August and more people coming off the job retention scheme, the long property boom could be coming to an end. The question is whether or not governments can print their way out of the recession, with massive Trillion Dollar financial stimulus packages to prop up weak western economies, and avoid a looming worldwide depression.  Is it Possible To Start A Money Making Business From Home Without Capital Or Risk? With pubs and restaurants closed for months during the lockdown in the UK and Ireland, it's a reminder of how vulnerable physical businesses, like pubs, restaurants and shops are to economic downturns or market changes. At the same time, internet business owners are getting richer. Never in history has more goods been bought on the internet.  Even before the pandemic, the high street was already under pressure from online shopping, which has exploded in the last few years.  High rents, taxes and competition from the likes of Amazon and Shopify have driven large retailers, like Debenhams, out of business and forced John Lewis to start closing 70% of its 50 plus stores in the UK. How does this help you get started online? The internet has given small home-based businesses an opportunity to compete with the big companies which have dominated the market. They took the best sites in the high street and malls, and often drove small retailers to the wall with massive advertising and undercutting. Fortunately, this has now changed and that’s how you can benefit from the online bonanza. You can now set up a risk-free online business or store - from home in your spare time - and sell to a potential market of 5 billion people browsing the internet every day looking for solutions to their problems.  You no longer need to rent a shop or premises and pay high taxes and bills before you make a penny. And you don’t have to quit your job until your business income exceeds your salary.  Here are 3 simple steps. Step 1  Sell solutions to people’s problems Research your idea or product online – where else! You can check on Google how many people are searching for products or solutions to their problems. For instance, millions of people want to be slimmer and healthier, especially in these times. According to wordstream 450,000 people have recently searched for “how to lose weight” on the internet. Other ‘keyword’ searches like “diet” and “lose weight fast” had similar results. That’s just one niche! You can literally find out how many people are searching for keyword solutions by checking on Google and specialists like Wordstream and Mondovo absolutely free. Market research like this was previously only available to large companies with large budgets. Now you can access it for free. You can get up and running with your online business website today for free with GrooveFunnels. For more information…click here  Step 2 Set up your online business today Set up an online business selling products that people are looking for (not what you think the market needs), or sell to people online from your existing business, by setting your website online today. You don’t need to pay a designer or software engineer to set up a website, as there are readymade templates and off-the-shelf website pages to get your business started today. In the past, I have spent tens of thousands on websites because they had to be designed and built from scratch, which took months. Fortunately, you don’t have to go through this pain. You can now build a simple website for free using GrooveFunnels template pages and built-in shopping cart checkout facilities with a click of a button. GrooveFunnels is offering free lifetime access for a limited period only – no credit card required to open and start using your free account. For more informationhttps://groovepages.groovesell.com/a/uy9VcdqIvopT, click here  Step 3 Now decide what you are going to sell and how and GET STARTED! Decide what niche you want to be in and what you want to sell. Unless you already have your own products and business (which you may want to change based on your new research on what people actually want) you can start by selling other people’s products and services for a generous commission of between 10 and 50%. This is essentially how some of the biggest companies in the world make billions in profits.  Booking.com and Airbnb do not own their own hotels and Amazon helps millions of small retailers and authors sell online for a commission. If you want to start earning cash today, GrooveFunnels will also pay you a commission to recommend their fantastic free software to your friends, colleagues and customers when you open your free account. Find out how to earn money  Here’s the best part. It’s risk free and no capital investment required! No re-mortgaging your house and borrowing thousands or risking everything to open up a physical business. And you can get started right away. What have you got to lose? One final thing…this free lifetime access is on offer for a limited period only.  GrooveFunnels only plan to keep this offer open for a short while and will soon start charging at least $99 dollars per month to access the same package you can get for free for life – NO credit card needed…FREE LIFETIME ACCESS.  https://groovepages.groovesell.com/a/uy9VcdqIvopT See omnystudio.com/listener for privacy information.

Canada has announced that it will increase immigration into the country and simplify the process in order to help the economy recover and grow Canada aims to accept over 400,000 permanent residents each year under the 2021-2023 Immigration Levels Plan. The focus of the new plan will be geared towards economic growth, with the Economic Class accounting for 60% of new admissions. The new Canadian migrant visas are aimed at increasing numbers of people through the following programmes:   Self-Employed Persons Program Federal Skilled Trades Program Federal Skilled Worker Program Canadian Experience Class   Start-up Visa   In recent years, Indians have made up the largest nationality to obtain permanent residency in Canada. Migrants have been helped by a more straightforward path to citizenship, as well as schemes aimed at attracting entrepreneurs and highly skilled workers.  According to immigration analysts, the main reason behind increased migrants from the US to Canada is the confusion surrounding the H-1B scheme, as well as the extremely long waiting times for a US green card for Indians. Immigration is critical for Canada, not only for surviving the pandemic, but also to short-term and long-term economic recovery and growth Marco E. L. Mendicino, Minister of Immigration, Refugees, and Citizenship said, “As we look to the future, newcomers create jobs not only by providing our businesses with the skills they need to thrive, but also by starting their own businesses.” He added, “Our plan will help to address some of our most pressing labour shortages while also increasing our population to keep Canada competitive on the global stage.”. To fill critical labour market gaps and remain competitive on the global stage, the 2021-2023 levels plan aims to welcome immigrants at a rate of about 1% of the Canadian population, including 401,000 permanent residents in 2021, 411,000 in 2022, and 421,000 in 2023.  While Immigration, Refugees and Citizenship Canada (IRCC) continued to accept and process applications throughout the pandemic, global travel restrictions and capacity constraints resulted in a shortfall in admissions in recent months. In my recent Money Tips Podcast, I interviewed Toronto native, Jas Takhar, co-founded the REC and real estate firm Royal LePage. Jas, who runs one of the leading real estate companies in Canada and is the author of the book Real Estate Intelligence, pointed out that around three times more homes will need to be built to accommodate new arrivals as well as fast-growing local demand in a hot property market.   Canada has been a popular destination for migrants from all over the world including Hong Kong, India, The Philippines, Africa and European countries. This is due to a number of factors, such as Canada’s strong economy, migrant friendly policies and healthcare, but especially because their route to permeant residency and Canadiancitizenship is so much faster easier than in other countries.   The UK is also opening up new immigration routes post-Brexit having abandoned former Prime Minister David Cameron’s 2010 target of cutting net migration to the “tens of thousands”.  However, the UK government has pledged to clamp down on illegal immigration with plans to reduce the number of appeals against deportation.  UK lockdown slowly coming to an end giving hope to a battered economy. See also: Immigration Rule changes opens door to recruit overseas health and senior care staff to work in the UK Why Migrate Abroad When You Can Make Money From A Risk-free Online Business Have you ever tried to start an online business, but were then let down by software and web developers, or found web building software, such as Wordpress, too difficult to use? I certainly have. I recently discovered a new system that changed everything for me. GrooveFunnels software is helping me in my online marketing business – and I was able to setup a website in a matter of hours instead of weeks and months… It’s easy to use, it works and free to use and get started. Yes, free Access to GrooveFunnels - the new best way to build better funnels and web pages that sell! Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT See omnystudio.com/listener for privacy information.

Toronto’s housing market has boomed during the lockdown, but there is still a massive shortage of homes, which will get worse as Canada opens the doors to 400,000 new economic migrants every year. In this week’s Money Tips Podcast, I interview Toronto native, Jas Takhar, co-founded the REC and real estate firm Royal LePage. Jas, who runs one of the leading real estate companies in Canada and is the author of the book Real Estate Intelligence, pointed out that around three times more homes will need to be built to accommodate new arrivals as well as fast-growing local demand in a hot property market.   Key Takeaways: Property prices in some parts of Greater Toronto Area grew by 36% last year  Jas believes the downtown Condo market is under-priced right now Jas puts out 20 pieces of content on social media every day Jas podcasts and was a guest on over 69 podcasts last year Most salespeople fail to follow-up on prospects Mortgage rates from as 1.6% fixed for 5 years Canada will recruit 400,000 immigrants a year Strong underlying economy Canada has been a popular destination for migrants from all over the world including Hong Kong, India, The Philippines, Africa and European countries. This is due to a number of factors, such as Canada’s strong economy, migrant friendly policies and healthcare, but especially because their route to permeant residency and Canadiancitizenship is so much faster easier than in other countries.   The UK is also opening up new immigration routes post-Brexit having abandoned former Prime Minister David Cameron’s 2010 target of cutting net migration to the “tens of thousands”.  UK lockdown slowly coming to an end giving hope to a battered economy. See also: Immigration Rule changes opens door to recruit overseas health and senior care staff to work in the UK Why Migrate Abroad When You Can Make Money From A Risk-free Online Business Have you ever tried to start an online business, but were then let down by software and web developers, or found web building software, such as Wordpress, too difficult to use? I certainly have. I recently discovered a new system that changed everything for me. GrooveFunnels software is helping me in my online marketing business – and I was able to setup a website in a matter of hours instead of weeks and months… It’s easy to use, it works and free to use and get started. Yes, free Access to GrooveFunnels - the new best way to build better funnels and web pages that sell! Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT   See omnystudio.com/listener for privacy information.

The end of the current tax, or fiscal year, is approaching fast on 5th of April, so not long to make your final plans. This is the time of year when you should be thinking about using up all of your tax allowance before they are lost forever.   ISA's - tax free savings accounts  Pension Contributions  Marriage allowance - not always claimed Tax relief for working at home Talk to an accountant or independent financial advisor for more advice. It could save you thousands! In the budget, the Chancellor announced that tax allowances are being frozen, which means that more lower paid people will start paying tax and middle earners will be pushed into higher rates. The phenomenon known as Fisco drag means that in the next few years over 5 million people will pay higher rates of tax.  This will affect your savings interest, dividends and rental income. The more you can put into a tax-free environment, like a pension or ISA, the better you are protecting your money from the taxman. Tax rates on corporations or limited companies will also increase, which means that property investors with their properties in limited companies will pay higher rates of tax. Ironically, many investors moved their properties into a limited company is to avoid paying higher rates of tax as a sole trader. The taxman gets you one way or the other! Other news President Biden has started splashing the cash with a mind boggling $1.9 trillion financial stimulation package to boost the US economy.  Where does all this money come from you may ask? Thin air! They make it up and just print it! Someone will eventually have to pay it back but politicians in western democracies usually only think as far ahead as the next general election - or the one after that. Politicians in China, however, plan decades ahead.  China is playing the long game and increasing its influence all over the world. It’s economy grew by over 8% last year, while the UK suffered the worst recession in 300 years and borrowed nearly £300 billion. With economies gradually opening up, businesses are looking forward to a brighter summer this year.  Interest rates are low and people who have remained in work have more money in the bank due to savings on travel and so on. Lower paid and self-employed workers are not so well off and have suffered badly during the lockdown. Despite the optimism, unemployment rates have rocketed and thousands of businesses have gone forever. I believe it will take years before the country really bounces back from the unprecedented worldwide shutdown. Unlike physical businesses, such as shops and restaurants, online businesses have been booming during the pandemic. Right now has never been a better time start a business selling products and services online - especially if you need extra money How To Start A Money Making Business From Home Without Capital Or Risk! With pubs and restaurants closed for the lockdown in the UK and Ireland it's a reminder of how vulnerable physical businesses, like pubs, restaurants and shops are to economic downturns or market changes. At the same time, internet business owners are getting richer. Never in history has more goods been bought on the internet.  Even before the pandemic, the high street was already under pressure from online shopping, which has exploded in the last few years.  High rents, taxes and competition from the likes of Amazon and Shopify have driven large retailers, like Debenhams, out of business and forced John Lewis to start closing 70% of its 50 plus stores in the UK. How does this help you get started online? The internet has given small home-based businesses an opportunity to compete with the big companies which have dominated the market. They took the best sites in the high street and malls, and often drove small retailers to the wall with massive advertising and undercutting. Fortunately, this has now changed and that’s how you can benefit from the online bonanza. You can now set up a risk-free online business or store - from home in your spare time - and sell to a potential market of 5 billion people browsing the internet every day looking for solutions to their problems.  You no longer need to rent a shop or premises and pay high taxes and bills before you make a penny. And you don’t have to quit your job until your business income exceeds your salary.  Here are 3 simple steps. Step 1  Sell solutions to people’s problems Research your idea or product online – where else! You can check on Google how many people are searching for products or solutions to their problems. For instance, millions of people want to be slimmer and healthier, especially in these times. According to wordstream 450,000 people have recently searched for “how to lose weight” on the internet. Other ‘keyword’ searches like “diet” and “lose weight fast” had similar results. That’s just one niche! You can literally find out how many people are searching for keyword solutions by checking on Google and specialists like Wordstream and Mondovo absolutely free. Market research like this was previously only available to large companies with large budgets. Now you can access it for free. You can get up and running with your online business website today for free with GrooveFunnels. For more information…click here  Step 2 Set up your online business today Set up an online business selling products that people are looking for (not what you think the market needs), or sell to people online from your existing business, by setting your website online today. You don’t need to pay a designer or software engineer to set up a website, as there are readymade templates and off-the-shelf website pages to get your business started today. In the past, I have spent tens of thousands on websites because they had to be designed and built from scratch, which took months. Fortunately, you don’t have to go through this pain. You can now build a simple website for free using GrooveFunnels template pages and built-in shopping cart checkout facilities with a click of a button. GrooveFunnels is offering free lifetime access for a limited period only – no credit card required to open and start using your free account. For more informationhttps://groovepages.groovesell.com/a/uy9VcdqIvopT, click here  Step 3 Now decide what you are going to sell and how and GET STARTED! Decide what niche you want to be in and what you want to sell. Unless you already have your own products and business (which you may want to change based on your new research on what people actually want) you can start by selling other people’s products and services for a generous commission of between 10 and 50%. This is essentially how some of the biggest companies in the world make billions in profits.  Booking.com and Airbnb do not own their own hotels and Amazon helps millions of small retailers and authors sell online for a commission. If you want to start earning cash today, GrooveFunnels will also pay you a commission to recommend their fantastic free software to your friends, colleagues and customers when you open your free account. Find out how to earn money  Here’s the best part. It’s risk free and no capital investment required! No re-mortgaging your house and borrowing thousands or risking everything to open up a physical business. And you can get started right away. What have you got to lose? One final thing…this free lifetime access is on offer for a limited period only.  GrooveFunnels only plan to keep this offer open for a short while and will soon start charging at least $99 dollars per month to access the same package you can get for free for life – NO credit card needed…FREE LIFETIME ACCESS.    https://groovepages.groovesell.com/a/uy9VcdqIvopT #investment#money#taxreturns#makemoneyonline#groovefunnels#FREE   See omnystudio.com/listener for privacy information.