There is no point in claiming that getting a home loan is an easy process, guaranteed to end in success. These more frugal times means the process is even more cautiously managed by lenders, so the chances of approval is far from assured. Nevertheless, [...]
Have You Already Missed the Fixed Rate Mortgage Boat
The Bank of England's base rate of interest has been consistently breaking records for the last couple of years. The panic in the financial world as banks, corporations and whole countries went bankrupt, led to record low levels in interest rates. The [...]
Government Intervention Into Financial Markets Caused the Economic Crisis
The recent boom and bust crisis of our financial markets is not the failure of free market capitalism. It's a result of government intervention into the financial markets.It's this intervention that prevents the free market forces from bringing markets [...]
Get Your Credit Under Control This Christmas
There are some simple personal finance strategies can ensure that you have a merry Christmas...minus the New Year financial hangover.
A few extra glasses of champagne, a little more Christmas pudding, and a few last minute gifts purchased on the credit [...]
Fixed Rate Mortgage Or Adjustable Rate Mortgage Always Fixed!
Only in certain special cases the wiser choice can be different. Before any further explanations, I'll try to make clear the terms of this topic.
Four boring (but important) explanations
1. What' s the meaning of "interests rates"? The cost of money.
"Interest [...]
Five Ways to Save - Buying Your First Home
Buying the first home is for most people the largest single investment of their life. Not just in monetary terms; it is also avery emotional experience with a mix of genuine excitement and fear. The Five Ways to Save tips below have been designed to [...]
Explaining a Recession Simply and Clearly
Like many of our readers and clients, I'm the type of person who tunes in regularly to radio chat shows, current affairs programs and newspaper reports on how the global turbulence is affecting our house prices, our labour markets, our stock markets [...]