30 March 2006

House Price Data Shows Rise

A report in today's Financial Times seems to indicate that the housing market is on the way to recovery. Average March prices rose 1.1% in March and are now 5.3% above a year ago.

The report is based on data supplied by the Nationwide Building Society. Click on the post title to read the Financial Times report.

29 March 2006

Mortgage Products

Yesterday, 28th March, I had a meeting with AIMS financial of Ashford to discuss opportunities in the financial services markets. We discussed the number of searches on the Internet for terms such as "Bad credit mortgage", "Spanish mortgage" and "Secured loans". I was astounded to hear that there are a total of 19,000 different mortgage products available in the UK.

20 March 2006

Halifax credit card - Charges you extra

As a first recommendation, don't ever get a Halifax credit card. They've just ripped me off for £74.70, when I mistakenly underpaid my monthly bill by 10p. I have tried explaining via telephone, but the usurious company will only offer me a £30 refund. Not a bad return - £44.70 for 10p. I've since written to the Halifax to explain that they can say goodbye to my custom for good.

UK Money Launch

UK Money blog launches today.

UK Money will cover personal and small business finance. We will talk about mortgages, secured lending, credit cards and unsecured lending.