by Richard | Feb 28, 2020 | Archive
I find it very irritating when people jump on a band-wagon. Lord Turner comes across to me as an opportunist in the following article http://www.moneymarketing.co.uk/regulation/lord-turner-attacks-cynical-greed-of-libor-traders/1053972.article . As ever there is no...
by Richard | Feb 28, 2020 | Archive
I agree with the thesis put forward in the following article http://www.investorschronicle.co.uk/2012/03/27/comment/property-matters/bring-on-the-mansion-tax-KS1cyRn513svdJEIBhJ2OJ/article.html Stamp Duty Land Tax (SDLT) is a real problem and a very inefficient tax....
by Richard | Feb 28, 2020 | Archive
The following article has missed the biggest point http://www.moneymarketing.co.uk/politics/urgent-action-needed-over-claims-firm-regulation/1051380.article If the Banks had put their customers first and not miss-sold on the scale they did, claims management companies...
by Richard | Feb 28, 2020 | Archive
Another lender has cut its interest only lending on a loan to value basis. http://www.moneymarketing.co.uk/mortgages/leeds-bs-cuts-interest-only-ltv-to-50/1048914.article This is going to leave thousands of homeowners with nowhere to go from their current lender. What...
by Richard | Feb 28, 2020 | Archive
I was delighted to read the following article about Santander’s reduction in fixed rate mortgages for first time buyers. http://www.moneymarketing.co.uk/mortgages/santander-cuts-newbuy-rates-by-up-to-07/1055759.article I was also delighted that the loan to value is...
by Richard | Feb 28, 2020 | Archive
It is not often I have cause to praise the FSA. Following reading this article on the Investor’s Chronicle website I think they are wise in their warning on annuities versus income drawdown...