Posts Tagged ‘National Savings & Investments’

Saving for a rainy day takes priority over saving for retirement

Monday, December 7th, 2009

The recession has taken its toll on the mindset of Britain’s savers, with saving for emergencies now top priority in their financial planning, according to National Savings & Investments (NS&I).

While retirement saving was top priority three years ago, pension planning has now dropped into 4th place in autumn 2009, as savers seek to squirrel cash away for a rainy day, according to the Autumn 2009 Quarterly Savings Survey by National Savings & Investments.

Self-employed will still get a mortgage, says FSA

Thursday, November 26th, 2009

Self-employed workers have been assured that new proposals by the Financial Services Authority will not block them from obtaining a mortgage.

“The FSA’s proposals on self-cert mortgages will not block access to the market for the self-employed,” said Lesley Titcomb of the FSA this week.

Mortgages made simple: Your mortgage guide

Tuesday, June 16th, 2009

Talking mortgages is so much easier if the basics are clear in your mind. Here we cut through the small print, and with ten simple points, show how mortgages work. A mortgage is made up of two elements: the ‘capital loan’ i.e. the amount you borrowed, and the ‘monthly interest’ due on that capital The two main mortgage types [...]

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