Coventry BS is offering 4% with 4 withdrawals / year. They’ll probably put that up a touch after today. No blame attaches Big G: at the time it was introduced it was righting a historic wrong & w… (View Post)

The triple lock is going to become a millstone round this country’s neck as time progresses. Almost impossible to kill politically, but progressively starving the working population of the share of t… (View Post)

My family has the deeds to a house in the Falklands, written by hand on parchment! Not often you see that kind of legal document in the modern world. (I believe the house itself was sold sometime sho… (View Post)

Rubbish. When interest rates are low, the monthly payments on an IO mortgage are a fraction of those on a repayment mortgage. Consider a £200k mortgage. At 1.5%, the monthly payments on an IO mortgag… (View Post)

It seems a lot of people have been buying houses on IO mortgages & they’re finding out exactly what that means: It’s just renting from the bank instead of from a landlord, only you have all the r… (View Post)