Older borrowers wise up on securing finance Many of us will have to work extra years, and take our pensions later, to accommodate rising life expectancy. But for those looking to move up the property ladder later in life, most mortgage lenders are failing to keep up.
Hedge funds have not done what it says on the tin Hedge funds are frequently promoted as offering positive returns regardless of conditions in the markets. But the recent performance of funds of hedge funds, which offer the additional security of investing across a range of underlying funds, has cast dou
Sound buildings will survive the rate tremors Property has been an excellent investment for the past decade but this month’s quarter percentage point rise in the bank base rate is expected to put a brake on the sector’s already slowing momentum.
Savers frustrated by three-week delay Many lenders have been quick to raise their standard variable rates on mortgages but many of the UK’s major banks have yet to declare what they are doing with their savings rates.
Websites log on to the power of private sales Large numbers of property sellers are abandoning the traditional services provided by estate agents and marketing their homes directly to house hunters via a growing number of private websites.
Insurers adopt a more understanding bedside manner The rapid rise in the number of individuals suffering chronic conditions coupled with falling demand for expensive medical insurance means that some of the biggest insurers are not so quick to rule out individuals with illnesses.