Saving for a deposit is increasingly looking tougher for tenants especially in london as rents increase and asking prices rise. A countrywide survey suggests that 20% of adults could not afford the deposit for a mortgage leading to a whole generation of renters, especially in London. In the capital, rents rose by almost 10% last [...]
When a loan is right for you
By
No one wants to borrow money unless they have to. In an ideal world we would all be gizzilionaires swanning around in a vat of money. However reality is often very different and sometimes there is need for a little extra cash. Here is what you need to know when considering a loan: Time frame [...]
Get £50 from Santander if you are a Student
By
Santander is offering £50 to any student who switches to its Current account for a students if they join between 16 April and 30 June 2012. Santander’s Student Current Account offers an interest-free arranged overdraft facility up to £2,000 with just 1 per cent interest on credit balances up to £500, and the flexibility of [...]
Saving money on your daily coffee
By
Is that coffee really needed? Should you cut back or reduce? Or is there a way to get that coffee without breaking the bank? Special offers Starbucks sometimes has deals and offers on coffee from time to time even offering free coffees. The last offer was a free coffee if you told the barrista your [...]
Don’t be shocked with the high interest rates on payday loans
By
More and more payday loans are being approved and if you look.carefully you’ll see very high interest rates. Now don’t be scared by these rates as they are per year whilst the typical payback period is only a few weeks typically. This means you’ll not be paying back huge sums of cash for these small [...]
What are payday loans?
By
Payday loans have taken a great deal of stick and criticism over the last few years for fears of preying on the vulnerable. However for individuals who are looking for short term easy loans where can people realistically go for such loans? One terrible alternative is the loan shark. In particular the pernicious individual who [...]
US shares slide
By
China growth concerns have pushed the Dow Jones Industrial average down in the worst two week slide since last November. The concerns over the Euro-zone and China have re-ignited concerns on equities. The Dow Jones closed at just below 12,900 on Friday leading many to flee shares and equities in favour of treasury bonds or [...]
Should you start the new tax year with an ISA tracker?
By
One of the best ways of getting exposure to the stock market but without huge risk is with a stock market tracker which attempts to mimic some of the main indices such as the FTSE 100 or FTSE 250 or the FTSE All-Share index in the UK which are some of the main baromomters of the UK [...]
Should you buy tech shares in preparation for a boom?
By
With news that facebook has just bought instagram and Aol has just sold one billions worth of patents to microsoft, could we all be in for mega mergers in the tech sector? With renewed interest in the technology sector is more the time to invest in technology as a sector? Many remember the fate of [...]
What can we learn from the celtic tiger boom time?
By
Many people don’t know or don’t recall the huge fortunes that were won or lost in Ireland during the Celtic boom. Ireland saw huge speculation on property and land with prices spiralling upwards with no sign of abating. Today the market is very different with ghost estates prevalent consisting of rows and rows of unbuilt [...]
Will the US jobs data kill the recent recovery in the stock market?
By
The US jobs data was less than as expected which meant far fewer jobs were created in the US economy than expected. In the three months prior nearly 200,000 jobs were created each month signifying to many that the US economy has turned the corner, but now just over 100,000 jobs were created which is [...]
Happy Easter from Approval.co.uk
By
Wishing all customers and readers a very happy Easter. Hoping that wherever you are, you are surrounded by loved ones and have better weather than we are experiencing in the Approval.co.uk office.
Is now the time to get a mortgage?
By
In an attempt to get the British housing market moving, the government has introduced a new scheme called NewBuy where it is possible to purchase a new build property with a 95% mortgage. Yep you heard right, after the housing crash which was purportedly because of the high number of loans given to individuals who could not [...]
Where you should put your money for the new tax year
By
So you want to start the new tax year in a smart efficient way? Here are some of the places you can put your money without paying tax and legally too. We all know about the cash ISA’s but these are not the only ways you can invest your money – shares and mutual funds [...]
Markets fall back on growth and euro worries
By
From almost a 6,000 high the markets have dropped several percent in the last few days leaving the FTSE 100 at just below 5,700 today. There was a slight bounce in the market today as shares opened but this has not been sustained.
Stock market has its best start to 2012 in years.
By
The entree into 2012 has been a good one for stocks. Or anyone that is going long. We seem to be finally shrugging off the image problem of the equities as confidence regains in the market-place. Now we have had a good start the issue is whether this can continue. The Dow Jones has steadily climbed from around [...]
The first time home buyer perils
By
The percularity of the UK housing market get stranger and stranger. Rents are rising, but the economy is faltering, record numbers are out of work and the biggest letting agent in the country stated that in April, rents are the strongest they have been in years. This is all very bad news for tenants who are [...]
What the NewBuy home buyers scheme means for you
By
The recently introduced NewBuy scheme aims to helps those that would like to buy a house or flat but cannot quite afford a mortgage. In recent years due to the credit crisis, potential homeowners have been asked to stump up often 20-30% of the cost of the home and with average house prices of around [...]
