Currently viewing the tag: "financial crisis"

UKAR Chief Executive Warns That Over 20,000 Customers Could Face Mortgage Arrears If Interest Rates Rise This YearUKAR Chief Executive Warns That Over 20,000 Customers Could Face Mortgage Arrears If Interest Rates Rise This Year

The chief executive of UK Asset Resolution (UKAR), who are winding down the loans of Northern Rock and Bradford & Bingley, affectionately known as “Britain’s Bad Banks”, has warned that thousands of its customers could be pushed back into arrears if there is a rise in Bank of England (BoE) interest rates.

UK Asset Resolution (UKAR), seventh-biggest mortgage lender said last week that they had repaid £6.2 Billion (GBP) to the UK Government in the 15 months to the end of March 2014, meaning it had so far paid back £10.4 Billion (GBP) of the £48.7 Billion (GBP) it owed.

However, if there is a rate rise it could potentially make it harder for taxpayers to get their money back after bailing out the bad banks.

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Don’t Panic But The Next Financial Crisis Is Coming

Don’t Panic But The Next Financial Crisis Is Coming

When Is It Time For Property Investors To Panic? 

Many property investors will panic when the next financial crisis hits…

The uneducated won’t be prepared for what is coming, in fact most ordinary people in the UK won’t be at all prepared, and things could get nasty, very, very quickly.

Smart property investors like you and I will be though, because we’ll have thought ahead and will have a solid backup plan in place.

Our good friend and prolific property investor John Wilson is running an exclusive live webinar on Wednesday 28th May 2014 where he will reveal his own (extremely profitable) backup plan.

It’s a complimentary business that dovetails perfectly with his property businesses…

And works to create a strong secondary stream of passive income (which John says will be immune to any future financial turbulence).

John and successful internet marketer, Billy Farrell will show you exactly how it works and then invite a select few webinar attendees to partner directly with them and they will personally coach you to success.

So, Click Here Now to secure your place on this exclusive live webinar event. 

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Boost For First Time Buyers As Banking Group Announces Lending Target For 2013

Lloyds Pledge To First Time Buyers

Lloyds Pledge To First Time Buyers

Lloyds Banking Group has committed to lend £6.5 Billion (GBP) to First-Time Buyers by the end of 2013 which is expected to help up to 60,000 new borrowers.

In July 2012, the Group committed £5 Billion (GBP) towards helping First Time Buyers (FTB’s) by the end of the year.

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There Will Never Be A Better Time To Invest In Property

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