Savings: Is the price to beat inflation worth paying?

iStock_000007329749XSmallEven though inflation has started to fall, the clamour for savings accounts which beat inflation has never been stronger. But whilst it’s important to beat inflation, is this the only thing savers should be taking into consideration when selecting a savings account? Why is it important to beat inflation? Simply put, if your savings don’t grow by an amount equal to inflation, the buying power will be reduced and you will lose money in real terms. To put it another way. If at ...

Mortgage & Housing Round Up: The buy to let bandwagon and positive signs for first time buyers

Housing & mortgage round up_istockphotoIt’s been a busy week for the Council of Mortgage Lenders who has reported a large rise in the popularity of buy to let investing, whilst other data points to an improving housing market, especially for first time buyers. More people join the buy to let bandwagon Are you looking ...

Housing & mortgage round up: Life still tough for first time buyers, whilst mortgage lending falls

Housing & mortgage round upA number of stories this week confirm just how tough life is for would-be first time buyers wanting to get onto the housing ladder. Rents are rising, so too is the number of people getting into arrears and the amount of deposit required to secure a mortgage is simply unaffordable for many; read on to learn more. Also this week, mortgage lending has fallen again, and is now significantly below the levels of this time last ...

Housing & mortgage round up: NewBuy concerns as mortgage lending rises, but so do interest rates

Housing & mortgage round upIn another week packed full of housing news, we take a look at concerns over the NewBuy mortgage scheme and a rise in mortgage approvals. It also seems that interest rates are on the rise as the crisis in the Eurozone continues to affect the UK mortgage market. Concerns mount over NewBuy mortgage scheme Are you looking ...