Foreign currency mortgages

The strength of the pound against the dollar recently has seen many Americans heading across the Atlantic to claim the many bargains available to high street shoppers. Less well known, but growing in popularity, is the possibility of taking out foreign currency loans, especially dollar mortgages, and using currency speculation to significantly reduce the amount […]

Kids borrow money off parents

In light of the credit crunch and the associated drying up of traditional credit funds a new report that is interesting, timely, and personally relevant has been made available. It states that 55% of parents have given or lent their children or grandchildren an average of £12,000 in the last year. Parents helping kids financially […]