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Gemma Rose

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About Gemma Rose

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  1. Does anyone know if the US banks are (have been ) passing on the rate increases properly to their savers unlike UK banks. If so does anyone know what the top one /two/ three year fixed rate bonds are offering ?.
  2. Nice piece in the Telegraph only quibble is the dubious ( ridiculous ) 12% figure that is quoted ..https://www.telegraph.co.uk/business/2018/08/12/housing-market-bubble-bubble-experts-warn-pricescould-overvalued/
  3. Let’s hope if they do increase the stamp duty level further it would take effect immediately or within a couple of weeks . Last time they did it and gave a warning it only increased house prices because landlords piled in on mass trying to beat the deadline . The cynic in me could almost believe they would do this just to start a nice little rally again as house prices look like they’re on slide ?
  4. A concise piece of writing that Illustrate its points beautifully. It’s particularly nice to see this in a national newspaper https://www.telegraph.co.uk/politics/2018/08/05/time-conservatives-announce-new-economic-mission-lower-house/
  5. http://www.thisismoney.co.uk/money/mortgageshome/article-5951377/Rightmove-Sellers-price-realistically-properties-sold-summer.html Story also covered in The Express and City AM.
  6. https://www.independent.co.uk/news/business/news/uk-house-prices-latest-freeze-financial-crisis-bank-of-england-ippr-a8439151.html
  7. How the hell do you go from £1,000,000 to £10,000 ?. Really bad news for savers or a home seller who doesn’t intend to repurchase within the next six months and doesn’t wanna faff about dividing their money into numerous bank accounts (so they can keep each under £85,000). As already mentioned in this thread although the accounts are for one and three years you could withdraw your money before the term ended losing only a small amount of interest so they definitely suited some people even if the interest rate wasn’t the best.
  8. [email protected] unbelievable to do it without the BoE cutting?. Call me naive (as all banks are thieving shits ) but I always considered NS&I to other banks in the same way as I considered John Lewis to other retailers ( sort of more decent !)
  9. I mentioned earlier that I still had an account with Secure because I thought with the performing reasonably well I take that back !. I’m in the process of rejigging my accounts at the moment and that’s why I’m up on this and I have actually closed my Secure account because (and this is important but ) these notice accounts have variable rates and Secure had gone too low for me whereas the NS&I type account we were talking about earlier is fixed. So the bottom line is you really have to keep an eye on the interest-rate with notice accounts , Although many of the notice accou
  10. As far as I’m aware secure is ‘standalone bank ‘ , it owns various companies but they’re not linked to any other bank. I’ve had a 120 day notice account with them for a number of years in which time it constantly remained in/at the top of the interest-rate table for products of this type .
  11. http://www.bbc.com/news/business-43301333
  12. No it definitely was up to £1 million you could invest. I just rang up and NS&I and there were two different products one was called Investment Guaranteed Growth Bond which yes you could only invest up to £3000 and the other called just Guaranteed Growth Bond. The bloke on the phone said the similarity of the name had caused a lot of confusion but it doesn’t matter now as the product was withdrawn yesterday ???. They replaced it with 1.95 % bond that has the same 90 day withdrawal conditions . Although you can put up 1 million into it and of course everything is covered being NS&I t
  13. I’ve avoided fixed rate accounts which are more than one year because I’ve been living in hope of interest rates rising ? and obviously don’t want to be locked into something when (if) it does happen but now I’m going to do a 3 year bond 2.2% with NS&I. This is the important bit you CAN withdraw your money with this particular bond at any time (hopefully when interest rates start rising or if you really needed it for something ) and then you would just lose 90 days interest . The extra you’re making at 2.2% instead of investing it in the best instant access account (RCI Bank 1.
  14. Nothing we don't already know but slightly surprised to see it in City AM . http://www.cityam.com/273050/uk-must-get-off-help-buy-binge
  15. And in the Daily Zoopla/ Mail no less. .http://www.thisismoney.co.uk/money/buytolet/article-4895072/Buy-let-Britain-tumbles-European-ranks.html
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