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Record low rates mean savers are worse off than ever - BBC News
Why does anyone bother saving?
Spend spend spend!
Best bet is BTL....Comment
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Originally posted by BrilloPad View PostRecord low rates mean savers are worse off than ever - BBC News
Why does anyone bother saving?
Spend spend spend!
Best bet is BTL....Comment
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Originally posted by PurpleGorilla View PostTry the Loyalty cash ISA from HSBC. As long as you regularly add to it, they will regularly cut the rate. It's great!
Comment
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Originally posted by unemployed View PostCarney is keeping vigil, it will work out in the end
Still, thankfully Osborne fixed the roof while the sun was shining.Comment
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Originally posted by PurpleGorilla View PostFor half my working life, and more to the point, for the half of it I have had money to save, interest rates have been tulip.
Though saying that, you still have a point -in 1999 when your graph starts, the FTSE100 was at 6900. Today it is at 6100.Comment
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Asking prices being cut in Leeds, but they were already asking 10% more than last year so not much actual change as yet.
EAs finding it hard to convince vendors that their particular property isn't worth the fortune they hoped for.Comment
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Originally posted by GB9 View PostAsking prices being cut in Leeds, but they were already asking 10% more than last year so not much actual change as yet.Comment
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Originally posted by jamesbrown View PostIt's also difficult to know how much activity is being delayed until after the referendum and whether the drop in activity following the BTL stamp duty changes will reverse. Based on valuation measures, the SE is primed for a crash (whereas much of the north isn't), but ridiculous valuations can persist and become even more ridiculous before they finally crash. The increased media reports about relaxed lending (e.g. 0% mortgages, extending loads to complete at 85) provide good anecdotal evidence that we're late cycle.
As above, even with the asking price reductions I have seen only take us back to asking prices last year.Comment
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