Jan
09
2009
Mortgage payers may be rubbing their hands in glee, but for savers 2009 looks like being a savage denunciation of their thrift. For hard-pressed pensioners, 2009 may see many on the breadline as they are forced to spend their capital rather than live off their interest. (Do you remember interest? No? That was what you [...]
Tags: Saving
Oct
24
2007
Are buy to let owners speculators or investors who take otherwise undesirable properties, maintain them and provide a rental accommodation sector that local councils no longer provide?
As various experts ponder on the long term future of buy to let and also question whether the sector contributes to the economy or simply pushes up house prices, [...]
Tags: , buy to let
Oct
18
2007
There are mixed signals on Edinburgh property market: the Edinburgh Evening News and ESPC puffing like mad and Jo Citizen saying it is nothing but propaganda – read the comments on The Scotsman.
Edinburgh, like London has a mind of its own as “buy to letters” pour in to buy quality and supposedly high rental incomes.
Round [...]
Tags: housing market
Oct
17
2007
MoneyExpert believes that 1 in 3 applications have been rejected – or an estimated 372,000 of the 1.2 million people applying for a mortgage or re-mortgage in the past six months have been rejected. This is up from the 1 in 5 in the six months to March 2007.
This is the bread and butter of [...]