The mortgage market review led to the introduction of new mortgage rules. In very simple terms these rules obliged lenders to observe stricter mortgage lending practices. Buyers now need to prepared to demonstrate that they are capable of paying back mortgages over the very long term. This includes accounting for possible changes in personal circumstances. […]
Archives for November 2015
Investing for Future Generations
A quick internet search on the costs of raising a child brings up plenty of results. In real life, however, how much it costs to bring up a child depends largely on your personal situation. How much is housing in your area? How much free childcare can you get from grandparents? Are the local schools […]
Beware of These Optional Extras Costing You Money
In an ideal world, buyers and sellers would work together to reach a deal with which both were happy. In the real world this does sometimes happen. Sadly it also happens that sellers try to take buyers for as much as they can get. What is more they can use very underhand tricks to achieve […]
Do You Have a Financial Safety Net?
Life happens. It has its ups and realistically it also has its downs. Hopefully, overall, there will be more ups than downs. It is, however, wise to be prepared for the more challenging periods. “Am I protecting my family enough?” is a question to keep in mind at all times. Here are four points to […]