Invest In Gold Today Invest in gold is an age old investment that man has done since 560BC. One of the oldest forms of money is the gold coin, its use can be traced as far back as 560BC when the Lydian King Croesus. The Chinese then used them in the 5th or 6th Century BC....
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For every ten homes sold last month one was a remortgage. Until more mortgages arranged are remortgages each month I very doubt that property prices will drop any further. The reason for the house prices being unreasonably buoyant is due to the fact that for every ten houses sold only six new homes are...
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As the editor of talkmoneyblog , I am often asked if now is the best time to take on a new mortgage and buy a new home, here are my finance tips. Ask ten people whether they think the time is right to venture back into the property market and you’re likely to get...
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First-time buyers are finding themselves in a predicament with falling house prices as the housing market becomes more affordable. Expert opinion is they are being squeezed out of home ownership by the very large deposit they are required to have in order to secure their first mortgage. Saving up to £25,000 for a deposit...
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Money saving Expert says, surely the Bank of England base rate cannot drop any further? They could drop another half a percentage point to zero but there seems little point in reducing interest rates further. The government and the Bank of England have now introduced and started the process of Quantative Easing. They will...
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As a provider of money saving advice , I can understand banks and finance institutes charging high interest rates to clients that have a less than perfect credit report where they have missed payments, fallen into arrears, been issued with defaults and county court judgements. But it looks like these banks were charging these...
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A few weeks ago I was talking with another client who had a tracker rate mortgage with the Cheltenham & Gloucester. She told me that her tracker mortgage which I had arranged for her on a 1.01% below the base rate had reduced her monthly payments down to 25pence a month on a fairly...
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Buying a Schnoodle I was talking with some clients last night and they happened to mention how they had more money at the end of each month since the interest rate had dropped from 5% to ½ %. As a money saving expert I wanted to know what they were doing with their new...
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Inflation has fallen to its lowest rate since 1960 and now stands at 0%. The inflation rate is calculated from the prices of a range of different goods and services selected to represent average spending patterns in the UK. There are two different methods of calculating inflation The retail prices index (RPI) is intended...
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Mortgage lenders do actually want to offer borrowers the best mortgage deal or the best remortgage deal but they are restricted by the lack of money in the system at present. The banks immediate instinct is survival at the moment and their need to protect their capital base by not lending money or only...
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