Gordon it’s time to go
Welcome back!My Money Saving tip today is for Gordon Brown to resign which will save us billions of pounds.
Gordon Brown bedded the bankers and took their advise not to regulate our Banking Industry. Duh! “It’s like God taking advise from the Devil on how to prevent Evilness!”
Your true legacy is that you are an unelected [...]
Higher Fixed Rate Mortgages are on the Way – Mortgage Advice
The CBI
The Bank of England base rate remains at 0.5% for the third consecutive month there are warnings recommending that higher fixed rate mortgage deals are on the horizon. Borrowers are reluctant to remortgage now due to the low interest rates they have with their current mortgage deals. This benefits borrowers on tracker rate, discounted [...]
Buy-to-Let Landlords see their property investments hit by this recession – Mortgage Advice
Some Buy-to-Let landlords have been hardest hit by the current downturn in the economy and are losing properties by three times the rate of ordinary homeowners. Landlords saw the housing boom as an easy way to make money and many felt that the property boom would never end or so they thought. It seems that [...]
Lloyds Banking Group launches new Mortgage Scheme for First-time buyers – Mortgage Advice
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 takes [...]
Cheltenham & Gloucester Tracker Rate Mortgage comes up trumps!
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 substantial [...]
Mortgage Borrower buy’s Schnoodle with money saved on low interest rates
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 found wealth [...]
Market leading tracker rate mortgage is finally released
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 lending [...]
