Controversial - you can't invest in property (real estate) with no money says Scott Trench, tosh I say! True, he seems to define the term 'invest in property' to mean put your own money into it rather than time, contacts, knowledge, experience, etc. and as a result of course he would be right...but … [Read more...]
Housing Bubbles: what would you be…a lemming, an ostrich or an eagle?
Watch time of this interview with Professor Steve Keen is 7 mins...you might need to watch it twice though, as this guy's brain is the size of a planet...well I did anyway! Having just posted about 'good debt' and 'bad debt', if Steve Keen's predictions (he predicted the 2008 crash) and ideas (he … [Read more...]
The secret credit reference agency…Big Brother is watching you…
Ever had that feeling that someone is watching you? Do you feel like you are living in a Big Brother world, where the average Brit caught on CCTV 300 times per day? Earlier this week I had the same feeling; it was fortunately for a less sinister reason – my parents were on my mind and so I … [Read more...]
EU making it harder to get a BTL mortgage in the UK
This has crept back onto the agenda after we thought it was seen off last time around. Regulation of the buy-to-let (BTL) sector in the UK is what I am talking about here. The UK resisted and subsequently avoided this when the EU tried to impose tighter control of all mortgage lending, by … [Read more...]
Mortgages: fixed rate or variable – time to stick or twist?
Stick or twist? There has been a number of articles of late about this subject - fixing your buy-to-let interest rate. With talk of unemployment falling to the Bank of England's threshold to consider an interest rate rise, undoubtedly we investors need to make judgments and plans for the future … [Read more...]
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