Tuesday, Mar 05, 2013

Chin up, at least your assets have retained their value

Citywire: Savers vs borrowers: what an unfair fight

Champion of the wrinklies, Ros Altmann bemoans the effect of ZIRP on savers. Of course, her VI is the pensioners but a worthwhile argument nonetheless.

Posted by sibley's b'stard child @ 09:31 AM (662 views) Add Comment

3 Comments

1. mark wadsworth said...

Ooh, a battle between the lower ranking Homeys and the Homey élite! I wonder you'll win this one?

Tuesday, March 5, 2013 12:31PM Report Comment
 

2. sibley's b'stard child said...

Exactly MW, more a case of 'the enemy of my enemy is my friend'.

Tuesday, March 5, 2013 01:05PM Report Comment
 

3. jack c said...

I organised a mortgage for a lady back in the middle of 2007 - offset tracker at bank base plus 0.5% which at the time was 5.5% plus 0.5%. This is now down to 0.5% plus 0.5% with capital outstanding of £36K with £29K offset by existing savings. She has recently inherited just short of a 6 figure sum of money and requires advice.

The worlds gone mad so I thought I would seek opinion on HPC

Tuesday, March 5, 2013 11:15PM Report Comment
 

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