The Financial Services Authority has launched a new website that aims to show mortgages “laid bare”.
Tag: Mortgages
mortgage
Interest Rates Unchanged
The Bank of England keeps interest rates at 4.5%.
Building Society Mortgage Gift Gimmicks
Scarborough attracts criticism for offering electronics as incentive for mortgage.
Mortgage Rip-Offs
Lenders may offer you low interest rates on your mortgage, but beware the hidden costs.
U.K. Interest Rates Cut
Monetary Policy Committee cuts rate by 0.25% to 4.5%.
Property: Buying vs Renting
I’ve been thinking about the old debate of whether buying a property is better than renting, and I thought I’d try to put together a few pros and cons and try to gather a bit of feedback. I kind of know that this is a bit of a stupid argument, because both buying and renting […]
Mortgage Mistakes
Three of the biggest mistakes that you can make with your mortgage are featured over at The Motley Fool. Sticking with your loan or lender – as the article says, don’t do it! Getting tied in to a poor mortgage deal or one with high redemption penalties, or just being too lazy to change, are […]
Interest Rates Unchanged
Unsurprisingly, interest rates have been held at 4.75% for the 10th month in a row. The decision by the Bank of England’s Monetary Policy Committee to keep them the same was made due to a slow down in consumer spending and a fall in house prices compared to April. Commentators are speculating that if the […]
Why New Breaks For First Time Buyers Won’t Work
In another depressing read for us first-time buyers looking to get onto the property ladder, Peter Temple of Interactive Investor has written an interesting article on the reasons why recently proposed ideas for helping first-time buyers are unlikely to work. Two proposed ideas: Build lots of new houses (it’s just a question of supply and […]
New Rules to Complicate Buying Financial Products?
The Financial Services Authority (FSA) are this week introducing a new category of advisor of financial products to the U.K. – as well as dealing with independent and tied advisers, we will now be able buy products from “multi-tied”advisors. But will this make things easier for consumers, or simply confuse things even more?