Yes, borrow as much as you want for that Mortgage - everyone else is borrowing and indebted.....
"Ukraine owes just under $4 billion in gas bills and debt repayments in the first three months of 2014, and after that may struggle to pay rising sums from dwindling reserves. He said 20 billion euros would help Ukraine's economy adapt to closer integration with the European Union and be compensation for potentially losing its large Russian market. Yanukovich has said his country needs $20 billion a year until 2017, and a total amount of $160 billion". (How long before the ECB decides to print? Meanwhile, send in the Greeks to give budgetting lessons).
People in the UK Looking to Rent For Longer
An increase has been seen in the number of people renting in the UK for longer periods of time according to a residential research report from property group Savills. Renting privately does continue to be a short term solution to housing for the majority of UK residents but it appears that many are now renting for longer periods of time. The report shows that 4.3 million households were in the private rented sector in 2011 and the figure is expected to rise by a million over the next five years.
Research also highlights a 93 per cent probability of London currently being in a housing bubble
Mortgage protection, and policies that you don't really need or are overpriced
The FCA said the worst case it had seen was "evidence that one Lloyds staff member sold protection products to himself, his wife and a colleague to prevent himself from being demoted". "Customers have a right to expect better from our leading financial institutions and we expect firms to put customers first â but firms will never be able to do this if they incentivise their staff to do the opposite.â (Personally I think it's outrageous what these Capitalists are doing...oh, wait a bit...WE own it! )
US kicking the UK
US treasury yields are on the up, and if US treasury yields are on the up then Carney might feel he doesn't have many options to keep UK interest rates down. The UK, and the world, has been a beneficiary of the low borrowing costs of the US, rather than solely of the BoE programme. Carney suggests reducing gov. expenditure because if the US is forced to taper then the UK can hardly continue monetizing with our own QE programme. But the US has no intention of getting government expenditure under responsible control and are politically committed to trying the government stimulus route. Carney is begging at an empty table.
One untaxed week. More from disposable
Ghost of Christmas yet to come
Zoopla And Rightmove To Tighten Up Property Listing Guidelines
As others see the UK
"Londonâs status as a magnet for foreign property investment was burnished in the years after the financial crisis by an investor-friendly tax regime and the falling value of the pound. That may be changing". "Investors from the Middle East to Asia have been splurging on London homes, buying everything from multi million-pound mansions to apartments in Battersea and the City of London. Thatâs driving prices beyond the reach of many British buyers and sparking a development surge thatâs increasingly dependent on non-U.K. investors buying homes before theyâre completed". "The tax may also result in falling land values on the fringes of Londonâs prime areas as developers wait to see the taxâs effect". Oh NO!...quick, sell now!
Massive Interest Rate rise...NO
Another non article by the Mail designed to gladden the hearts of its readers as Christmas approaches. Mr Pannell (CML) said the âvast majorityâ of families will cope with âa slow but certain transition to more normal interest ratesâ, but the most vulnerable be crippled by a rise. (who are the vulnerable?...maybe those struggling families living beyond their means?). "(CML) said 59 per cent more agents predict prices âto continue their upward trend rather than fall backâ. happy days for Homeys!