Archive | June, 2007
Buy to lets help Bradford & Bingley
Bradford & Bingley have just fallen out of the FTSE100 in the last quarterly re-jig of the top one hundred value companies in the country. But a strong performing buy-to-let housing market has put the specialist mortgage bank on course for good profits. These will be at the high end of City expectations. The former building [...]
Continue reading...Paying off your mortgage early
27. June 2007
It is a good investment to pay off your mortgage early. When there is high inflation as we had in the 70s and 80s, borrowing can make sense as inflation reduces the value of debt. Conversely, when inflation is low, the debt remains the same. Inflation is fairly low at the moment, so it is unlikely [...]
Continue reading...Considerations for selling an endowment policy
26. June 2007
We hear a lot about how endowment policies are not going to deliver what was promised when they were sold in the eighties and nineties. But, nearly always, that sad story is followed by the advice NOT to cahs in your endowment policy. But what if you have decided that you do want to cash in [...]
Continue reading...Yorkshire Building Society commits to OMHB
25. June 2007
The government launched its Open Market HomeBuy scheme (OMHB) in October 2006, with the aim of helping first-time buyers to buy homes. It was particularly aimed at key workers such as teachers, nurses, fire fighters, police officers, assisting them to get a mortgage. It is a system of shared equity, allowing applicants to buy the [...]
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29. June 2007
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