Few Building Societies Less Competition?

by | Feb 28, 2020 | Archive

It is always sad to read of Building Societies merging and therefore less competition in the market place. I hope this process, which has been going on for some years now, will not hurt savers with lower rates and mortgage rates with higher costs. As an IFA and...

Should Have Done More To Promote Group Personal Pensions

by | Feb 28, 2020 | Archive

The following article is a rather depressing read http://www.bbc.co.uk/news/business-21546542 . The number of people saving for their retirement in a pension scheme is at a recent low. The last Government was correct to bring in auto-enrolment. When private sector...

Positive Signs For the Buy-to-Let Mortgage Market

by | Feb 28, 2020 | Archive

The following article is very positive about the mortgage market and the buy-to-let mortgage market in particular http://www.bbc.co.uk/news/business-20901112 All the new regulations from Europe and the fact that lending institutions are risk adverse after the banking...

The Risk of The UK Losing Its Triple A Rating

by | Feb 28, 2020 | Archive

I was disappointed but not surprised to read the following article http://www.bbc.co.uk/news/business-20720383 I think there is a real risk of the UK losing its triple A rating from the credit reference agencies. Our high Government Budget deficits are simply too big...

Demand For Mortgages Declined In January

by | Feb 28, 2020 | Archive

I was disappointed to read that demand for mortgages declined in January compared with January 2012 http://www.bbc.co.uk/news/business-21572869 As an IFA who is also a qualified mortgage advisor in London I hoped the recent pick up would continue. I hope this means...