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Anyone Read "money Marketing"?

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this is funny

"House price inflation means would-be first time buyers in London saving for a deposit will not have enough until 2012, according to the Co-op.

Figures released today by The Co-operative Bank show that if FTBs saved £307.50 per month, half the current average mortgage repayment for first time buyers, it will take approximately six years and two months to save the 10 per cent deposit of £25,183 required on average in London by 2012.

The Co-op says the picture is not quite so bleak in other parts of the country.

Co-operative Bank marketing director David Newman says: “This data reveals the problems new home buyers face in what is clearly for many a marathon rather than a sprint when running up a decent deposit.

“At a time when many British athletes will be showing greater training discipline to strike gold in 2012, the same level of commitment to saving must be shown by those looking to get their foot on the housing ladder.”

but not as funny as an article warning about "claims chasers to pursue interest only mortgages" not on the website yet - summary - seems very likely that this is bubbling up nicely to be the new endowment style scandal

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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