by Richard | Feb 28, 2020 | Archive
I think the Bank of England should have powers to limit mortgage lending and try and mitigate booms and therefore busts in the Housing markets. Leaving such things to politicians who worry about elections and want the good times to keep rolling in the housing market...
by Richard | Feb 28, 2020 | Archive
I hope a new competitor to the Banking industry will buy the branches from the Lloyd’s Banking Group which EU rules require following their bailout. We really need a new significant player that is going to think outside the box and shake up the industry.rnrnThis...
by Richard | Feb 28, 2020 | Archive
The Banks and Building Societies are in my opinion being very unfair to people who have taken interest only mortgages with a high loan to value before the credit crunch. With all of the reductions in new offers those who have 70% or more loan to value will find it...
by Richard | Feb 28, 2020 | Archive
Section 75 of the Consumer Credit Act 1974 means your credit card company becomes Jointly and Severally liable for your purchases over £100. If your package holiday company goes bust, your credit card company is usually the easiest to claim from. Even if you buy a...
by Richard | Feb 28, 2020 | Archive
I found the following article very interesting http://www.moneymarketing.co.uk/mortgages/council-looks-at-20-mig-deal-for-ftbs/1051222.article I think it would be better for a local authority to build new social housing and speed up the planning process to expand the...
by Richard | Feb 28, 2020 | Archive
If you are thinking of putting your pension savings into payment in the near future but you are put off by the low annuity rates, there are alternatives under the draw down rules. Temporary annuities fall under the draw down rules and may be suitable for you if you do...
