Business
We all know just how challenging it can be for a first-time buyer to get on the property ladder today. But what if a solution that’s used in countries across the world could help buyers here? My guest on the podcast today is Matthew Addison, CEO and co-founder of StepLadder. Communities around the world have used this approach for decades to reach their savings goals faster. Some communities call it partner, others call it Chit Fund. But, in essence, it’s a way to support each other towards your savings goals and hopefully get there faster. Before we get into this conversation, I need to give the usual disclaimers. Our discussion today is not a recommendation to use a specific product, simply something I wanted to explore in this podcast after hearing about it on the radio a few weeks ago. StepLadder members are not covered by the UK’s Financial Services Compensation Scheme (FSCS), therefore your capital is at risk. Here’s my conversation with Matthew Addison from StepLadder, in episode 509 of Informed Choice Radio.