Tag: mortgages
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Should you worry about rising interest rates?
Interest rates are rising as central banks look to combat soaring inflation. In the UK rates now stand at 1%. But what does this mean? And should you worry about rising interest rates? In this post I’ll cover: What are interest rates? The impact on mortgages Rising interest rates and credit cards The impact on…
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Young People Deserve More Than Government Backed Loans
The Budget is coming up on Wednesday, where Chancellor Rishi Sunak will detail his spending plans for the next year. Ahead of this major announcement, proposals have been leaked, including a plan to offer government backed mortgages with 5% deposits. Young people deserve more than this, and here’s why…
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To credit or not? – Should you get a credit card?
A lot of personal finance bloggers, particularly those pursuing financial independence, are strongly against credit cards or having any form of debt at all. While there are good arguments for this, personally I don’t think it’s quite as simple as that. The question of should you get a credit card is personal but this post…