An investment is an asset or item that is purchased with the hope that it will generate income or will appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.

A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise funds to buy real estate; by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is “secured” on the borrower’s property.

A pension is a fund into which a sum of money is added during an employee’s employment years, and from which payments are drawn to support the person’s retirement from work in the form of periodic payments.

Inheritance is the practice of passing on property, titles, debts, rights, and obligations upon the death of an individual. It has long played an important role in human societies. The rules of inheritance differ between societies and have changed over time.

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash.Saving also involves reducing expenditures, such as recurring costs.

Taxation in the United Kingdom may involve payments to a minimum of three different levels of government: the central government (Her Majesty’s Revenue and Customs), devolved national governments and local government.

With over thirty years of experience in dental practice brokerage and financial services and support, we have extensive knowledge of this particular market and its specific professional needs. We will provide you with a professional and supportive service whether you are looking to sell or buy a dental practice or if you simply require sound, independent financial advice.

alhdentalpractices.co.uk