There are more credit card products on the market than ever before. The choice can be confusing and understanding the terminology can require at least A-level Finance qualifications Core Credit Card Types Purchase card is the plain vanilla variety that has been around for decades typified by the original pre Visa Barclaycard. It will have [...]
10 Questions to Ask When Buying Property Overseas
Whatever your reason for buying abroad there are some basics that need to be covered. A family retreat or holiday home in the sun, a retirement home, a rent producing investment or an upmarket city center crash pad the issues are similar. First Questions How easy or difficult is the buying process in your chosen [...]
Money Saving Personal Health Insurance
The good news is that in the UK you are able to benefit from the National Health Service and our welfare state. The bad news is that there are some reasons you may still wish to insure your health. Why You May Want Health Insurance NHS waiting times may be too long and you may [...]
Predictions for Pound Sterling in 2012
The UK has experienced its longest post war recession, and the deepest since the Great Depression. In 2011, the recovery was disappointing, and prospects for the rest of 2012 are poor. However, the UK recovery is likely to be relatively better than the Eurozone, which retains even more serious problems. Therefore, despite the fact UK [...]
One in Ten Mortgages
HSBC aims to grow the number of mortgages that it provides. They have £15 billion available to lend during 2012 and that should give them 11% of the market. First time borrowers will also benefit from this new found enthusiasm for lending by HSBC if their marketing blurb is to be believed. 90% mortgages for [...]
Review of Mortgage Types
There are a variety of mortgages available to suit your circumstances. The mix of different types of mortgage vary due to the way interest is calculated or on the type of person, property or deal to be done. Mortgage Types Based on Interest Charges Offset Mortgages are set up so that any money you have [...]
Hate Personal Finance or Scared to Learn?
Kindle owners need look no further for an ebook that could boost your personal finances, not least because you can down load it for the sum of £0.00. Personal Finance For People Who Hate Personal Finance by Gregory Bresiger Kindle Edition free from Amazon Whispernet There is only one review and as ever you would [...]
Interest Rate Graphs
Base Interest Rates The Base rate is the rate set by the Central Bank. It is the most important interest rate in the economy because it influences all the other interest rates. If the Central Bank cuts its base rate, it means it is cheaper for commercial banks to borrow from the Central Bank, this [...]
Spend Time Planning Your Mortgage! – Save Money!
It seems Britons are more interested in spending time on planning a holiday than maximising the savings from a mortgage. A study by Fool.co.uk found that: 36% of customers spend more than 10 hours selecting a holiday. Only 21% would spend more than 10 hours selecting a mortgage. 41% of customers do not shop around [...]
Duff, Faulty and Misleading Statistics
Faulty careless or deliberately misleading statistics are a constant source of annoyance to me and many others. A newspaper headline this morning screamed ‘nearly one in five believe……’ as though that was a major and significant news item. Well it also means more than 80% do not believe….. Statistics That Need a Health Warning 87.3% [...]
