As the UK’s Bank of England Monetary Policy Committee (MPC) opts to hold the current base rate at 0.5%, the similarities between the current market and pre-credit crunch days become clearer – but so do the startling differences… Neil Young, CEO of Property Portfolio Manager Young Group, believes that the Bank ... Read More...
mortgage
The UK’s Bank of England Monetary Policy Committee (MPC) has reduced base rate by a further 0.5% and voted to begin quantitative easing, a less conventional economic stimulus to increase the money supply. Neil Young, CEO – Young Group, believes its greatest impact will be to broaden the divide between the ... Read More...
Today’s decision to reduce the base rate by 0.5% to an all time low of 1.5% was widely anticipated but base rate cuts alone are no longer an effective economic tool. The direct impact of base rate cuts felt by borrowers is limited by lenders’ collared tracker products and their unwillingness ... Read More...
Debts.org arguably the UK’s most informative ‘financial health’ website has unveiled a comprehensive section on Mortgage Arrears: how repossession works and how it can be stopped. Since its launch last year, Debts.org has built a reputation for giving consumers impartial advice they can trust. Debts.org has scores of tips and insights ... Read More...
Debts.org arguably the UK’s most informative ‘financial health’ website has unveiled a dynamic saving plan to help consumers do the unthinkable – save! Since its launch last year Debts.org has built a reputation for impartiality and just as important practical advice on how to improve desperate financial situations or just planning ... Read More...
Greening our homes is a key priority for fighting climate change as well as cutting monthly bills. With new mortgage discounts of up to 1.25% from Ecology Building Society the financial incentives just got bigger! Our homes currently consume three times as much energy as our usage of private cars, and ... Read More...