Insights | Hampden & Co Private Bank

Are you prepared for a 20% rise in school fees?

Choosing a private education is a significant and lengthy financial commitment which requires careful consideration and planning. Private school fees in the UK continue to rise at rates above inflation. According to the Independent Schools Council's 2024 report, average fees per term at member schools saw annual increases of 9.0% and 8.8% for boarding and day schools respectively, to £14,175 and £5,908.

Sep 2, 2024

Why consider a Private Bank?

Mark Plummer has been reflecting on what typically triggers a client to decide to switch bank. They generally move after becoming frustrated with their existing bank for one of the following reasons…

Jul 25, 2024

Will resident ‘non-dom’ rule changes drive people away?

At Hampden & Co, banking is our only business. We do not give wealth, planning or tax advice to our high-net-worth clients. This gives us the opportunity to work in partnership with a wide array of top law, accountancy, planning and investment management businesses. They are happy to introduce their clients to us as we are not in competition.

Jul 1, 2024

Analysis of HM Land Registry data shows resilience in the prime property market

Analysis of the latest price paid data from HM Land Registry1 shows that the percentage of prime properties sold in England & Wales when compared to the overall market hit a five-year high in 2022.

Apr 27, 2023

Is your family protected from inheritance tax?

In 2022, the Government raised a record £6.1bn from inheritance tax (IHT) and, with the nil rate band frozen, that figure is set to continue rising. As a result, more and more families are sleepwalking into an IHT liability. Banking Director Ian Gibson reports from an event we held recently about mitigating those risks through effective estate planning.

Mar 22, 2023

Wealth and assets data underscores the value of high-end property

Property wealth in the UK has grown 51% over the past decade to a total of £5.5 trillion, at an average of £206,521 per person, according to the Office of National Statistics’ most recent Wealth & Assets Survey.

Oct 26, 2022

Why are more and more banks no longer offering services for Trusts?

A number of well-known banks in the UK have, over the past year or so, stopped offering traditional banking services to trusts, citing issues such as cost, complexity and compliance as reasons for exiting a long-established part of the market.

Sep 16, 2022