HELOC vs. reverse mortgage: Which will be better in 2025?

Borrowers should weigh the benefits of HELOCs and reverse mortgages carefully to determine which will be better to use in 2025. Getty Images Although inflation has dropped from the decades-high it hit in June 2022, it's still almost a full percentage point over the Federal Reserve's target 2% goal. Because of this, and other economic considerations, the federal funds rate…

Human skills ‘matter even more’ for early consultancy career roles

Stay informed with free updatesSimply sign up to the Management consulting myFT Digest -- delivered directly to your inbox.McKinsey’s recruitment tests featuring its AI tool for business school graduates reflects a wider trend: new hires will have an AI-augmented career path, requiring new, and sometimes still unknown, skills. It has always been tough to get an entry-level role at a…

Private equity investment can be ‘enormous benefit’ for wealth sector

It is no exaggeration to say that the UK wealth management sector has, over the past five years, been transformed by private equity.Attracted by a fragmented market and the prospect of rolling returns from sticky clients, private equity has piled into wealth, snapping up advisory firms with the potential to scale.For some in wealth, the net effect of this cash…

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Same property, different tax Bills: Why an NRI brother paid Rs 5.25 lakh, resident paid Rs 0 tax

A property sale involving two brothers has highlighted how India’s revised capital…

Thomson Hayton Winkley appoints property head

Cumbria law firm Thomson Hayton Winkley has appointed Nina Hood as head…

1.8m UK mortgage deals set to expire in 2026

Approximately 1.8 million fixed-rate mortgage agreements are scheduled to expire during 2026,…

Taxation Office and FIRB increase focus on PE funds

Private equity funds are experiencing tougher scrutiny from the Australian Taxation Office’s…

An SMSF selling a property is not straightforward: legal specialist

An investment property bought using a limited recourse borrowing arrangement must be…

Non-resident individuals, UK property and the Finance Act 2019

From 6 April 2019, there are three occasions when a non-UK resident…

China’s coming debt shock and Australia’s ‘fictitious’ housing wealth could disastrously collide

Over the weekend, China’s busted property market quietly clocked up another unwanted…

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What National Audit Office report reveals about royals’ property affairs | Monarchy

1. Princess Beatrice and Princess EugenieThe daughters of Andrew Mountbatten-Windsor, who do not perform royal duties, live rent free in occupied royal palaces. Rent on Beatrice’s St James’s Palace apartment is currently…

Billionaire who built 79,000 homes splits opinion in Australia

Billionaire Harry Triguboff’s mark is unmistakable in the Sydney suburb of Pagewood. Where tobacco and car factories once stood, the 92-year-old is building one of Australia’s largest housing developments –…