Financial Advisers in Cheshunt

Cheshunt is a town in the Borough of Broxbourne, right on the edge of London. Whether you commute into the capital, work for yourself or run a small firm, each comes with its own financial gaps. We help Cheshunt clients fill them, from our office a little further up the Lee Valley in Roydon.

Cheshunt in context

Cheshunt is in the south-east corner of Hertfordshire, bordering the London Borough of Enfield, and the Borough of Broxbourne council is based in the town. To the east lie the River Lee Country Park and the wider Lee Valley Regional Park. Cheshunt station is served by West Anglia trains and by London Overground, both running to Liverpool Street, and the M25 passes just to the south.

Self-employed? Start with protection

If you work for yourself, there is no employer sick pay, no death-in-service benefit and often no workplace pension. That makes protection particularly important:

• Income protection can replace part of your income if illness or injury stops you working.
• Accident, sickness and unemployment cover can help keep up essential payments for a period. See our ASU guide.
• Life and critical illness cover can clear a mortgage or support your family.

Our protection page explains each type. And because there is no employer contribution, a personal pension is worth thinking about early.

Running a limited company

If you trade through a limited company, there are some additional options. A relevant life plan lets the company provide death-in-service cover for a director or employee, which can be tax-efficient depending on circumstances. Key person cover and shareholder protection protect the business itself. Laurence Gould leads on business protection.

Buying and remortgaging

Being close to London, Cheshunt is popular with first-time buyers and families moving out of the capital. Kealy Ball can help with buying, moving and remortgaging, including where income is from self-employment. See our mortgages page.

Commuters and employees

If you are employed, the questions tend to be about getting the most from your workplace pension, building savings and investments alongside it, and checking that your cover through work is enough for your family.

Saving for retirement when there is no employer scheme

Self-employed people are not automatically enrolled into a pension, and it is common to put retirement saving off while the business finds its feet. The longer it is left, though, the more needs to be saved each month to catch up. A few points worth knowing:

• Personal pension contributions can usually receive tax relief, within annual limits.
• Payments can often be flexible, so you can pay more in a good year and less in a quieter one.
• If you run a limited company, contributions can sometimes be made by the company instead.
• A Lifetime ISA or a stocks and shares ISA can also play a part, depending on your age and plans.

Tax treatment depends on your individual circumstances and may change. The value of a pension or ISA can go down as well as up.

Renting and protection

Protection is not only for homeowners. If you rent, your family still relies on your income to pay the rent and the bills. Life cover and income protection can help in exactly the same way, and the amount needed may be simpler to work out.

Checking cover through work

If you are employed, you may already have some protection through your employer, such as death-in-service benefit or sick pay above the statutory minimum. It is worth finding out exactly what you have, because it usually ends if you leave the job. We can help you work out whether it is enough on its own or whether a personal policy would fill a gap.

How to start

Book a free Google Meet video call online, or call 0333 011 5550 if you would prefer a phone call or a face-to-face meeting at our Roydon office. You can also send a message from our contact page.

Nearby in the Lee Valley

Frequently asked questions

Important: This page is general information about the areas we serve and the services we offer. It is not personal financial advice. For advice on your specific circumstances, please get in touch.