It has been talked about before, but the time is coming nearer and nearer when more than two million homeowners will come to the end of their cheap two-year fixed rate deals. The will either slump onto the lender’s Standard Variable Rate (SVR) (although let’s hope they’re alert enough not to let that happen), or [...]
Continue reading...Monday, July 16, 2007
It is possibly the tax that is the most disliked of all. At a time when interest rates are going up and the price of houses has almost gone off the scale for many people, if buyers do manage to find a house they like within their budget and they find a mortgage to suit, [...]
Continue reading...Wednesday, July 4, 2007
Latest research suggests that the buy-to-let boom is being boosted by parents who are giving a helping hand to their children. It seems that parents represent nearly 25% of people who are planning to make an -investment into buy-to-lets over the next six months. Strong property prices and tax relief from the government to the [...]
Continue reading...Wednesday, June 27, 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 [...]
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Tuesday, July 24, 2007
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