Ireland is falling. The US is plunging. After 15 years of house price growth and five years of house price bubble, is the UK housing market aksi turning downwards? Will Elvis finally be spotted on the moon? Prices are certainly stalling, with a drop of 0.4% in London last month according to the Land Registry. [...]
April 2008
A quick update to my post of last week discussing Zopa rates rising because of the credit crisis. Rates have now come down – my main lending offer to A* customers is now out of the ‘Zone of Possible Agreement’ (ZOPA), which in English means people can get such better rates from other Zopa lenders [...]
So you’ve done your four financial crisis checks: Your savings are safe They’re earning more interest You’ve got a plan to pay off any debt Your mortgage is sorted for the foreseeable future. Time to turn over and fall back to sleep? Possibly. I’m serious! It’s often too late to Do Something once a financial [...]