So why are banks increasing their standard variable rates when the Bank of England’s Interest rate is on the 3 year record low of 0.3%? It does really beggar belief, don’t you think? The property market seemed to be getting just a little hopeful this new year and all of a sudden, it seems like... Read More »
So there seems to be a new -ish term in town at the moment. It is the accidental Landlord. You almost always know one when you meet them on the web or in person. There is a line of strain over their brow as they come to terms with their new role in life. The role of... Read More »
http://www.lloydsbankinggroup.com/media/pdfs/halifax/2011/060811first_time_buyers_highest_since_2003.pdf Halifax, the great big bank, has released a report stating that houses are more affordable now than they were in 2003. Well, at least in some areas – London is definitely not included. The report is informative and tries to make promises about getting first time buyers back on the market. It is a... Read More »