I have some bad news for people who have current accounts with Lloyds TSB, NatWest and Smile (a division of Co-operative Bank): your overdrafts have just become more expensive!
Tag: Mortgages
mortgage
MoneyExpert: Hard Reality Of Housing Yet To Puncture Youthful Bubble Says Survey
The hard reality of the modern housing market has yet to damage the youthful optimism of the younger generation, new research from IFA Promotions has found.
Motley Fool: Ten Tricks To Boost Your Savings
We Brits have become enthusiastic borrowers in recent years. Indeed, our personal debt (including mortgages) has grown by 9% a year over the last thirteen years. Alas, we haven’t done quite so well when it comes to saving. According to the Bank of England, since the end of 1997, our savings have increased by an average of 7.5% a year.
Family Finance: Mortgages €“ Moving Can Be Costly.
Author: Richard Norfolk
Mobility in the jobs market can be vital for progress in your career, but the costs incurred can be considerable if you move any distance and moving home becomes necessary. If it can be helped, these should not be allowed to affect your decision to live nearer to your new employment, but you […]
MoneyExpert: Average Homeowner Pays £13,596 For Remortgages
The average homeowner is likely to pay £13,596 in remortgage fees over the course of their lifetime, Abbey has claimed.
Family Finance: Mortgages: Old Age €“ New Problem.
Author: Richard Norfolk
The time was when you started to pay your mortgage off whilst relatively young, perhaps 25 or 30. This meant that with the usual 25 year mortgage it was fully paid up at 50 or 55, and the problems of old age could be approached without the distraction of those monthly payments.
O.K., you […]
MoneyExpert: Property In “excellent Health” Says Bank Of England
New mortgage figures indicate that the UK housing market is in “excellent health” the Bank of England has said.
Motley Fool: Your Home Is Not A Cash Machine!
In financial jargon, there is no shortage of TLAs (three-letter acronyms) — which, fittingly, is itself a TLA. For example, you have APR (annual percentage rate), CGT (capital gains tax), PPI (the dreaded payment protection insurance), TAR (total amount repayable) and many more. You’ll find more money language in my Jargon Buster and Devil’s Dictionary Of Money.
Scotsman: Home Loans And Retail Sales Charge Ahead
MORTGAGE lending rose to its highest level in nearly three years last month, and UK retailers have enjoyed their strongest sales growth in one and a half years during August.
Scotsman: Cold Comfort After Heated House Prices
Home owners will today be bracing themselves as higher mortgage bills will begin dropping onto doormats later this week. But there is more gloomy news ahead.