- Warning. Beware of financial advisers promising unusually high investment returns.
- In Money Marketing this week the Financial Services Authority is warning advisers about the dangers of selling dodgy non regulated investment products. What about warning the public?
- Wed 28th Jul 2010
- Have you been miss-sold your mortgage and are now stuck in mortgage hell.
- I have been speaking to a number of mortgage gurus over the last few days and the prickly topic that keeps cropping up is mortgage miss-selling.
- Wed 14th Jul 2010
- Bank of England to hold interest rates until May 2011. Good news.
- The british chamber of commerce have stated that rates will be on hold for quite some time.
- Tue 6th Jul 2010
Let-to-buy mortgages 'becoming attractive'
Fri 21 Dec 2007 3pm
Next year should see let-to-buy mortgage deals become more popular on the UK housing market, according to a financial expert.Financial advice firm The Alan Boswell Group said that the slowdown currently affecting the country's property sector is likely to increase the appeal of let-to-buy products among British homebuyers.
This is because a let-to-buy mortgage allows the holder to purchase a new home while retaining their current house for letting purposes, thereby eliminating the need to sell one property before moving to the next.
Speaking about the benefits of such an arrangement, mortgage consultant at the firm Heidi Nuttall said: "It becomes attractive in times when the market is slow moving and I think it will become increasingly popular over the next year."
However, she also stated that not all providers will offer a let-to-buy mortgage, because "there is no proven history that the [current] property can be let".
Average UK house prices fell for a fourth successive month in November this year, according to the Royal Institution of Chartered Surveyors.
