Posts By :

admin

Using the Secta Advance Plan calculator

Using the Secta Advance Plan calculator

Although our two calculators are similar, there are a couple of differences. Here is an example of how to use the Secta Advance Plan calculator. Secta Advance Plan Value of home: £450,000 Mortgage : £250,000 Step 1: Enter the value of your home and your outstanding mortgage into Step 1 of the Advance Plan calculator and it will…

read more
2560 1706 Secta Finance
Using the Secta Flexiplan calculator

Using the Secta Flexiplan calculator

Although our two calculators are similar, there are a couple of differences. Here is an example of how to use the Secta Flexiplan calculator. Secta Flexiplan Value of home: £450,000 Mortgage: £200,000 Step 1: If you enter the value of your home and the outstanding mortgage the calculator will estimate the maximum amount you could borrow…

read more
2560 1707 Secta Finance
Case study – Example 3

Case study – Example 3

Mr and Mrs Thompson have two children at private school and the annual fees are £30,000. They are finding this quite a stretch, so they decide to look at a Secta Flexiplan. Their home is worth about £400,000 and their mortgage is £300,000. Using the Secta Flexiplan calculator they can see that the maximum finance…

read more
580 387 Secta Finance
Case study – Example 2

Case study – Example 2

Mr and Mrs Roberts have one daughter who has been in state education and they are considering private education for their daughter’s A-levels. They have estimated that the cost of 2 years A-level education plus school trips and sports equipment will be in the region of £34,000. They have a home worth approximately £450,000 and…

read more
1024 683 Secta Finance
Case Study – Example 1

Case Study – Example 1

Mr and Mrs Williams have two children in secondary education at a local private school. They have estimated that over the next 5 years, the school fees will come to approximately £125,000. They like the idea of a Secta Flexiplan, but they want to know how much they can borrow and how much the repayments…

read more
2560 1707 Secta Finance
Putting the wheels in motion for your child’s education.

Putting the wheels in motion for your child’s education.

When you have to consider for the first time which school to send your child to, the choices and considerations can be overwhelming, particularly if the area you now live in is not the same area as you went to school yourself. How far in advance should you contact the school? Is there a waiting…

read more
2560 1707 Secta Finance
Oh, how I miss school cricket

Oh, how I miss school cricket

Looking back at my time at Cheltenham College, I know exactly what I miss most; the range and quality of the sports facilities. Yes, I miss my school years. I made great friends there and I still see them all today. I miss the strong connection to the school, but that has been replaced in…

read more
2560 1553 Secta Finance
What financial options are available for private school fees?

What financial options are available for private school fees?

Private education is becoming a difficult choice for many families. Even if you’ve decided that a private school is the right path for your children, the costs are still an understandable concern and many parents are now choosing to finance private education in a much more manageable way. When should you consider a financial plan…

read more
412 220 Secta Finance
Private school scholarships

Private school scholarships

In an earlier blog post, we explored how the middle classes are becoming less able to afford the rising prices of private school fees. This means that low-income families have been even more excluded from considering private school for their children. However, are available at many private schools as well as bursaries and other government…

read more
450 253 Secta Finance
Are rising private school fees pushing out the middle classes?

Are rising private school fees pushing out the middle classes?

It has long been assumed that, for parents in well-paid professions, there would always be an opportunity to fund a private school education for their children. Indeed, many of us have long associated private schools with the children of doctors and lawyers. However, one of the big concerns for parents today is how to finance…

read more
1144 1153 Secta Finance
  • 1
  • 2