It has been promoted on TV and in investment and business sectors about the money available from house development. It appeared less than 5 years ago, that even the most usless and careless business person could generate money by buying and selling property. This was very close to the mark. TV programmes showed how inexperienced [...]
When the property market issues started in consequence of the problems in the banking industry in 2008 a lot of those who had invested heavily in the property market started to panic. They saw their investments reduce in value and their loan to value ratio make a serious slide in the wrong direction. They were [...]
While the UK interest rates are fantastic for those people with a mortgage, meaning that household bill are still quite low and affordable, most older people do not have this sort of debt and so do not benefit from the present position. In fact they are badly hit as they are the members of society [...]