Monthly Archives: March 2008
Is it Time to Rent?
Two articles in today’s English Daily Mail suggest the growing credit/housing crisis is spreading from the US to GB. Despite recent reductions in the Bank of England’s interest rate “Now families face £1,300 a year mortgage increase” reports that mortgages … Continue reading
Posted in consumer, in the news, real estate
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Beware the Boiler Room
BBC News reports a father and daughter have been accused of a $70 million share scam. The pair are suspected of conning some 15,000 UK residents (mostly seniors) into parting with cash for worthless stock in dormant companies. So-called boiler … Continue reading
Posted in consumer, in the news
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Are you a TISWASser?
Recent research by the UK Skipton Building Society has dubbed under 35s the TISWAS (Thirty Something Without Any Savings) generation. Supporting what’s already known about spiraling consumer debt and related problems the key findings were: Â * 18% spending more than … Continue reading
Posted in Debt, financial planning, in the news
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Is it Better to Buy or Rent?
The question of whether to rent or buy might sound like something of a no-brainer, but are there any circumstances in which renting is preferable to owning? Let’s begin with a brief reminder of the benefits of ownership. Although paying a … Continue reading
Posted in consumer, real estate
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