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| Armed Forces R T Williams Ltd was started in 1948 by the late Brigadier Rex Williams. His son Major Tom Williams carried the business on and Christopher Williams is now the third generation of the Williams family involved in the company. Because of our longstanding connection with the Armed Forces R T Williams Ltd has a special insight into the financial needs of Service Personnel. We are members of SIIAP-Services Insurance & Investment Advisory Panel and the FPS-Forces Pension Society.
Life Assurance and Critical Illness Cover Although you will have access to the full range of PAX and Life Assurance covers R T Williams Ltd knows which insurance companies to approach for members of the Armed Forces. Remember though-it is always best to apply for Life Assurance and Critical Illness Cover whilst you are not “Under Orders” otherwise premiums could be expensive and cover difficult to obtain. R T Williams Ltd is able to provide you with advice, cut through the technical jargon, search the whole of the market and recommend the most suitable solutions which meet your personal circumstances. There are different types of Life Assurance and Critical Illness policies and we will work with you to identify the cover you need and provide the most competitively priced products which meet your requirements. We will make sure that you are aware of the importance of writing policies in trust, where appropriate, for the benefit of spouses, partners and children. Trusts are a vital planning tool that can ensure policy proceeds are paid quickly, normally without taxation implications, to the people who need to benefit from your policies. House Purchase There are some lenders in the market place that have formal arrangements in place to help members of the Armed Forces purchase property whilst understanding that you may not be able to live in it. A property is probably one of the most expensive purchases any of us will make during our lifetime-it’s a big decision to make. Next comes the challenge of how to pay for your house and finding the most suitable mortgage product, whether a Fixed Rate, Tracker Rate or any of the other wide range of options. R T Williams Ltd will be pleased to help you decide. We will explain the differences between the options available helping you to understand the jargon, discuss with you how much you can borrow and agree with you how much you afford to spend on monthly mortgage payments, then advise you on the most suitable product which meets your needs and circumstances from the whole range of providers in the market. R T Williams Ltd is able to source mortgages from the Whole of the Market for:
For a lifetime mortgage it is important to understand the features and risks, ask for a personalised illustration. Our aim is to guide you through the process-selecting the lender, the product, helping you complete your application to the successful issue of your Mortgage Offer. For both mortgages and lifetime mortgages we can be paid by fee or by commission paid to us by the lender that we introduce you to. Our fee is usually 0.30% of the loan amount. Most lenders pay a commission of 0.30% of the loan amount. In both examples the fee or commission would be £300 for a £100,000 mortgage. Should a fee be paid for our services we will set-off any commission payment we receive against this.
School Fees Planning Sometimes it does feel that Britain has lost the savings “habit”. If you know that you are likely to want to send your children to a private school the sooner you put plans into place to fund for this the better. We can guide you through the options and work with you to put together a long-term plan to ease the future cost for you.
Long Term Savings Setting in place regular savings for the future is something to consider when you are fortunate enough not to have other demands on your pay - many clients soon get used to a certain amount each month being set aside to build-up a future lump sum. There are a selection of tax-efficient savings plans available both with easy access and others that require a more “disciplined” approach and are best left in place for 10 years plus. R T Williams Ltd has been advising members of the Armed Forces for over 60 years so we have a special knowledge about how best you can accumulate savings whether that be for a Short Service or through to retirement at 55. |
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