Money Tips Daily by Charles Kelly, former IFA and author of

Money Tips Daily by Charles Kelly, former IFA and author of

By Charles Kelly Business CoachBusiness
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Money Tips Daily by Charles Kelly, former IFA and author of episodes

  • The Best Mortgage Deals and Rates Following BoE Base Rate Hike

    Best Mortgage Deals and Rates Following Base Rate Hike

    Following the Bank of England’s 13th base rate

    hike to 5%, we look at the current mortgage deals on offer for fixed rates,
    discounts, trackers and buy-to-let.

    See video version on YouTube: https://youtu.be/QF-gAdIYkdo

    Also in this Money Tips Podcast episode:

    ·       

    Transferring buy-to-let property to a limited
    company without paying CGT and Stamp Duty

    ·       

    Improving your returns using holiday lets or
    serviced accommodation (SA)

    ·       

    Getting around George Osbourne’s Section 24 tax
    grab on buy-to-ley landlords

    See: – Transfer Property Into A Limited Company Without

    Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

     

    See also:

    Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    How To Develop A Millionaire Mindset

    I want to show you exactly how you can:

    •      

    Not only survive, but thrive in a recession or
    depression?

    •      

    Get control of your finances and spending?

    •      

    Save and invest for your future?

    •      

    Learn about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management and Financial FREEDOM!

    I want to help you get control of your money, learn how to

    invest and become financially free by developing a millionaire mindset – which is
    not about buying flashy things and looking rich!

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    https://bit.ly/3QPp8IH

     

    Multiple Streams of Property Income - Flagship

    3-Day Training

    Friday

    14th to Sunday 16th July 2023

     

    Register HERE for complimentary tickets:

    https://bit.ly/propertyABC

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money  #housingmarket
    #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset
    #andrewbailey

     

    28 min
  • Best Mortgage Deals Following BoE Base Rate Hike

    Best Mortgage Deals and Rates Following Base Rate Hike

    Following the Bank of England’s 13th base rate

    hike to 5%, we look at the current mortgage deals on offer for fixed rates,
    discounts, trackers and buy-to-let.

    See video version on YouTube: https://youtu.be/QF-gAdIYkdo

    Also in this Money Tips Podcast episode:

    ·       

    Transferring buy-to-let property to a limited
    company without paying CGT and Stamp Duty

    ·       

    Improving your returns using holiday lets or
    serviced accommodation (SA)

    ·       

    Getting around George Osbourne’s Section 24 tax
    grab on buy-to-ley landlords

    See: – Transfer Property Into A Limited Company Without

    Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

     

    See also:

    Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    How To Develop A Millionaire Mindset

    I want to show you exactly how you can:

    •      

    Not only survive, but thrive in a recession or
    depression?

    •      

    Get control of your finances and spending?

    •      

    Save and invest for your future?

    •      

    Learn about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management and Financial FREEDOM!

    I want to help you get control of your money, learn how to

    invest and become financially free by developing a millionaire mindset – which is
    not about buying flashy things and looking rich!

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    https://bit.ly/3QPp8IH

     

    Multiple Streams of Property Income - Flagship

    3-Day Training

    Friday

    14th to Sunday 16th July 2023

     

    Register HERE for complimentary tickets:

    https://bit.ly/propertyABC

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money  #housingmarket
    #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset
    #andrewbailey

     

    30 min
  • MORE Pain For Housing Market As Interest Rates Rise 0.5% To 5% With More Hikes To Come From Bank Of England To Curb Inflation

    The Bank of England have hiked base interest rates for the

    13th time by 0.5% to 5% causing more misery and pain for beleaguered homeowners
    and further downward pressure on house prices.

     

    How To Develop A Millionaire Mindset - Free training webinar:


    3 Steps To Success Money Management and Financial FREEDOM!...register

    now below to avoid disappointment.

    ⁠https://bit.ly/3QPp8IH⁠

     

    The governor of the Bank of England, Andrew Bailey, said

    they have not ruled out further interest rate rises, pouring further anxiety on
    homeowners already struggling to meet the payments and cope with higher food
    prices and living costs.

     

    Watch full video - ⁠https://youtu.be/Xw8cYNnlrn4⁠

     

    The markets are already factoring in a base rate of 6%,

    which would be disastrous for mortgages and house prices as borrowing
    becomes unaffordable for residential and buy-to-let property investors. 

     

    Buy-to-Let property deals no longer stack up at higher

    rates.

     

    The average 5-year fixed rate mortgage is near 6%, but some

    borrowers were already facing 6-7% interest rates before this latest rate rise.
    Could we see a return of a 10% mortgage?

     

    The housing market has already started to slow down, and

    this will add further stress to affordability as lenders have pulled thousands
    of mortgage products already.

     

    One economist said that 50% of borrowers holding

    fixed-rate mortgages have yet to renew.

     

    In January the FCA warned that, as many as 750,000

    homeowners face default, which means they could be repossessed and lose their
    homes.

    House prices have been rescued by rate cuts and money

    printing in 2008 after the banks collapsed, and again 2020, but prices and transactions
    are now falling in the UK and in many other western economies.

     

    Finally, spare a thought for Turkish people. The government

    has just hiked rates by 6.65%!

     

    So what can you do to survive?

     

    The government have met with the major lenders today. The

    banks have agreed to help borrowers by allowing product switches to interest
    only among other measures to be released. Your credit file will not be affected
    in the first six months.

     

    Here are my money survival tips:

     

    ·       

    Talk to your lender – don’t bury your head in
    the sand.

    ·       

    Rent a room scheme.

    ·       

    Get a part-time job.

    ·       

    Learn how to manage your money.

    ·       

    Learn how to invest and grow your money into
    wealth.

     

    See: – Transfer Property Into A Limited Company Without

    Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA⁠

     

    See also:

    Housing Market in DEEP Trouble: ⁠https://youtu.be/USGREwntT1I⁠

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    ⁠https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s⁠

    How To Develop A Millionaire Mindset

    I want to show you exactly how you can:

    •      

    Not only survive, but thrive in a recession or
    depression?

    •      

    Get control of your finances and spending?

    •      

    Save and invest for your future?

    •      

    Learn about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management and Financial FREEDOM!

    I want to help you get control of your money, learn how to

    invest and become financially free by developing a millionaire mindset – which is
    not about buying flashy things and looking rich!

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    ⁠https://bit.ly/3QPp8IH⁠

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money  #housingmarket
    #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset
    #andrewbailey #blackwednesday #georgesoros #andrewtate

    28 min
  • MORE Pain For Housing Market As Interest Rates Rise 0.5% To 5% WIth More Hikes To Come From Bank Of England To Curb Inflation

    The Bank of England have hiked base interest rates for the

    13th time by 0.5% to 5% causing more misery and pain for beleaguered homeowners
    and further downward pressure on house prices.

     

    How To Develop A Millionaire Mindset - Free training

    webinar. 3 Steps To Success Money Management and Financial FREEDOM!...register
    now below to avoid disappointment. https://bit.ly/3QPp8IH

     

    The governor of the Bank of England, Andrew Bailey, said

    they have not ruled out further interest rate rises, pouring further anxiety on
    homeowners already struggling to meet the payments and cope with higher food
    prices and living costs.

     

    Watch full video - https://youtu.be/Xw8cYNnlrn4

     

    The markets are already factoring in a base rate of 6%,

    which would be disastrous for mortgages and house prices as borrowing
    becomes unaffordable for residential and buy-to-let property investors. 

     

    Buy-to-Let property deals no longer stack up at higher

    rates.

     

    The average 5-year fixed rate mortgage is near 6%, but some

    borrowers were already facing 6-7% interest rates before this latest rate rise.
    Could we see a return of a 10% mortgage?

     

    The housing market has already started to slow down, and

    this will add further stress to affordability as lenders have pulled thousands
    of mortgage products already.

     

    One economist said that 50% of borrowers holding

    fixed-rate mortgages have yet to renew.

     

    In January the FCA warned that, as many as 750,000

    homeowners face default, which means they could be repossessed and lose their
    homes.

    House prices have been rescued by rate cuts and money

    printing in 2008 after the banks collapsed, and again 2020, but prices and transactions
    are now falling in the UK and in many other western economies.

     

    Finally, spare a thought for Turkish people. The government

    has just hiked rates by 6.65%!

     

    So what can you do to survive?

     

    The government have met with the major lenders today. The

    banks have agreed to help borrowers by allowing product switches to interest
    only among other measures to be released. Your credit file will not be affected
    in the first six months.

     

    Here are my money survival tips:

     

    ·       

    Talk to your lender – don’t bury your head in
    the sand.

    ·       

    Rent a room scheme.

    ·       

    Get a part-time job.

    ·       

    Learn how to manage your money.

    ·       

    Learn how to invest and grow your money into
    wealth.

     

    See: – Transfer Property Into A Limited Company Without

    Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

     

    See also:

    Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    How To Develop A Millionaire Mindset

    I want to show you exactly how you can:

    •      

    Not only survive, but thrive in a recession or
    depression?

    •      

    Get control of your finances and spending?

    •      

    Save and invest for your future?

    •      

    Learn about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management and Financial FREEDOM!

    I want to help you get control of your money, learn how to

    invest and become financially free by developing a millionaire mindset – which is
    not about buying flashy things and looking rich!

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    https://bit.ly/3QPp8IH

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money  #housingmarket
    #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset
    #andrewbailey #blackwednesday #georgesoros #andrewtate

     

    28 min
  • Housing Market In Deep Trouble - Interest Rates And Bond Yields Rising, Buy-to-Let Properties No Longer Work

    Housing Market In Deep Trouble - Interest

    Rates And Bond Yields Rising, Buy-to-Let Properties No Longer Viable

    The housing market

    is heading for serious trouble in the UK, US and many other countries as the
    worldwide economy slows.

    Develop a

    Millionaire Mindset - Register now below to avoid disappointment. https://bit.ly/3QPp8IH

    I think house

    prices will continue to fall, especially with higher interest rates on the way
    and landlords selling up for a number of reasons.

     

    Will there be a property

    crash? Quite possibly depending on future government action. Right now, they
    are doing little to help property owners and especially landlords.

     

    Should the

    government bring back mortgage tax relief for residential homeowners? This was
    abolished by the then Labour Chancellor Gordon Brown.

     

    Watch video

    version - https://youtu.be/USGREwntT1I

     

    Bond yields

    rise

     

    More bad news to

    come – The FT reported rising Bond yields today and food prices are set to soar
    again following the destruction of the dam in Ukraine which has flooded and
    destroyed thousands of square miles of Wheat and Soy fields.  This will put more pressure on inflation.

     

    Is the ‘buy-to-let’

    market dead?

     

    Buy to lets

    deals just don’t add up anymore with higher rates. I’ve been offered properties
    which have great yields and would’ve looked amazing with lower interest rates.
    But when you look at the deal in light of a 5% or 6% interest rate (even on an
    interest only mortgage) the rent barely covers the payments.

     

    When you factor

    in other costs, such as service charges, repairs, insurance, agency or
    management fees, voids and so on the real ‘yield’ is negative. 

     

    I’m also hearing

    directly from landlords who are selling their perfectly good properties due to
    higher interest rates and because they are higher rate taxpayers. 

     

    Higher interest

    rates, together with George Osborne is helpful Sec 24 tax changes have
    made their existing buy to let property unviable.

     

    If your

    properties are in a limited company you are not affected by the tax changes,
    but moving your property from your personal name into a limited company can
    trigger CGT and Stamp Duty, plus other costs, if not done correctly.

     

    See: – Transfer

    Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

     

    See also:

    Watch More Mortgage

    Misery For Property Buyers As Bank Raise Rates Again:

     https://youtu.be/BNe5eV37iiM

    Interest Rates Will

    Rise, Property Prices Will Fall And Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    How To Develop A

    Millionaire Mindset

    I want to show

    you exactly how you can:

    •       Not

    only survive, but thrive in a recession or depression?

    •       Get

    control of your finances and spending?

    •       Save

    and invest for your future?

    •       Learn

    about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am

    running a free training webinar. 

    3 Steps To

    Success Money Management and Financial FREEDOM!

    I want to help you

    get control of your money, learn how to invest and become financially free by
    developing a millionaire mindset – which is not about buying flashy things and looking
    rich!

    Join me online on

    my free live money management training Wednesday at 8.00PM.

    Places are limited,

    so register now below to avoid disappointment.

    https://bit.ly/3QPp8IH

     

    #interestrates

    #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent
    #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #cladding
    #equityrelease #housingmarket #propertycrash #section24 #GeorgeOsbourne
    #taxrise #millionaire #millionairemindset

     

    17 min
  • Housing Market In Deep Trouble - Interest Rates And Bond Yields Rising, Buy-to-Let Properties No Longer Viable

    Housing Market In Deep Trouble - Interest

    Rates And Bond Yields Rising, Buy-to-Let Properties No Longer Viable

    The housing market

    is heading for serious trouble in the UK, US and many other countries as the
    worldwide economy slows.

    Develop a

    Millionaire Mindset - Register now below to avoid disappointment. https://bit.ly/3QPp8IH

    I think house

    prices will continue to fall, especially with higher interest rates on the way
    and landlords selling up for a number of reasons.

     

    Will there be a property

    crash? Quite possibly depending on future government action. Right now, they
    are doing little to help property owners and especially landlords.

     

    Should the

    government bring back mortgage tax relief for residential homeowners? This was
    abolished by the then Labour Chancellor Gordon Brown.

     

    Watch video

    version - https://youtu.be/USGREwntT1I

     

    Bond yields

    rise

     

    More bad news to

    come – The FT reported rising Bond yields today and food prices are set to soar
    again following the destruction of the dam in Ukraine which has flooded and
    destroyed thousands of square miles of Wheat and Soy fields.  This will put more pressure on inflation.

     

    Is the ‘buy-to-let’

    market dead?

     

    Buy to lets

    deals just don’t add up anymore with higher rates. I’ve been offered properties
    which have great yields and would’ve looked amazing with lower interest rates.
    But when you look at the deal in light of a 5% or 6% interest rate (even on an
    interest only mortgage) the rent barely covers the payments.

     

    When you factor

    in other costs, such as service charges, repairs, insurance, agency or
    management fees, voids and so on the real ‘yield’ is negative. 

     

    I’m also hearing

    directly from landlords who are selling their perfectly good properties due to
    higher interest rates and because they are higher rate taxpayers. 

     

    Higher interest

    rates, together with George Osborne is helpful Sec 24 tax changes have
    made their existing buy to let property unviable.

     

    If your

    properties are in a limited company you are not affected by the tax changes,
    but moving your property from your personal name into a limited company can
    trigger CGT and Stamp Duty, plus other costs, if not done correctly.

     

    See: – Transfer

    Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

     

    See also:

    Watch More Mortgage

    Misery For Property Buyers As Bank Raise Rates Again:

     https://youtu.be/BNe5eV37iiM

    Interest Rates Will

    Rise, Property Prices Will Fall And Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    How To Develop A

    Millionaire Mindset

    I want to show

    you exactly how you can:

    •       Not

    only survive, but thrive in a recession or depression?

    •       Get

    control of your finances and spending?

    •       Save

    and invest for your future?

    •       Learn

    about money and finance?

    ·       

    Develop a millionaire mindset

    To help you, I am

    running a free training webinar. 

    3 Steps To

    Success Money Management and Financial FREEDOM!

    I want to help you

    get control of your money, learn how to invest and become financially free by
    developing a millionaire mindset – which is not about buying flashy things and looking
    rich!

    Join me online on

    my free live money management training Wednesday at 8.00PM.

    Places are limited,

    so register now below to avoid disappointment.

    https://bit.ly/3QPp8IH

     

    #interestrates

    #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent
    #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #cladding
    #equityrelease #housingmarket #propertycrash #section24 #GeorgeOsbourne
    #taxrise #millionaire #millionairemindset

     

    17 min
  • Mortgage Update On Interest Rates, Adverse Credit And Apartment Blocks With Cladding

    Mortgage Update On Interest Rates, Adverse Credit And Apartment

    Blocks With Cladding

    Join me online on my free live money management training

    Wednesday at 8.00PM. Click link to register - https://bit.ly/3QPp8IH

    Interview with mortgage broker Mitesh Manek.

    linkedin.com/in/mitesh-manek-30970232

    Watch full videos - https://youtu.be/yviUSBde_L4

    https://youtu.be/dcvfdS5ugao

    See also:

    Watch More Mortgage Misery For Property Buyers As Bank Raise

    Rates Again:

     https://youtu.be/BNe5eV37iiM

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    What is your biggest money worry?

    I want to show you how you can:

    • Not only survive, but thrive in a recession or depression?

    • Get control of your finances and spending?

    • Save and invest for your future?

    • Learn about money and finance?

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management!

    I want to help you get control of your money, learn how to

    invest and become financially free.

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    https://bit.ly/3QPp8IH

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money #cladding #equityrelease #adversecredit

    34 min
  • Mortgage Update On Interest Rates, Adverse Credit And Apartment Blocks With Cladding

    Mortgage Update On Interest Rates, Adverse Credit And Apartment

    Blocks With Cladding

    Join me online on my free live money management training

    Wednesday at 8.00PM. Click link to register - https://bit.ly/3QPp8IH

    Interview with mortgage broker Mitesh Manek.

    linkedin.com/in/mitesh-manek-30970232

    Watch full videos - https://youtu.be/yviUSBde_L4

    https://youtu.be/dcvfdS5ugao

    See also:

    Watch More Mortgage Misery For Property Buyers As Bank Raise

    Rates Again:

     https://youtu.be/BNe5eV37iiM

    Interest Rates Will Rise, Property Prices Will Fall And

    Opportunities Will Open Up:

    https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

    What is your biggest money worry?

    I want to show you how you can:

    • Not only survive, but thrive in a recession or depression?

    • Get control of your finances and spending?

    • Save and invest for your future?

    • Learn about money and finance?

    To help you, I am running a free training webinar. 

    3 Steps To Success Money Management!

    I want to help you get control of your money, learn how to

    invest and become financially free.

    Join me online on my free live money management training

    Wednesday at 8.00PM.

    Places are limited, so register now below to avoid

    disappointment.

    https://bit.ly/3QPp8IH

     

    #interestrates #property #mortgages #remortgage

    #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining
    #moneymanagement #wealth   #bankofengland
    #inflation #money #cladding #equityrelease #adversecredit

    34 min
  • Inflation Falls Below 10% As Interest Rate Rises Start To Hurt The Economy And Consumers

    Inflation Falls Below 10% As Interest Rate Rises Start To

    Hurt The Economy And Consumers

    UK inflation has finally fallen below 10% to 8.7%, but core

    inflation, excluding food, rose by the highest amount since 1992.

    The Bank of England recently followed Fed and ECB with twelfth

    successive interest rate hike by 0.25% to 4.5%.

    Further interest rate rises are expected adding more pain to

    householders.

    Some borrowers seeing their payments double after their

    fixed-rate deals have expired, but lenders are trying to keep rates down using
    innovative fee structures.

    The Banks’ governor Andrew Bailey expects inflation to start

    going down this year as wholesale energy costs filter through to consumers.

    Average inflation may have fallen below 10%, but mortgage costs, rent, food and energy costs have risen by far more.

    ·       

    Official inflation rate stands at 8.7% - four times the target rate

    ·       

    Core inflation excluding items like food rose to 6.8%

    ·       

    Food costs are rising at highest rate in 45years

    ·       

    Food inflation is 19% according to official figures

    ·       

    Learn how to manage your money on my free webinar...

    Watch full video - https://youtu.be/Fej9_rVc4eI

    What is your biggest money worry?

    Fear of poverty and running out of money are the biggest worry of millions of American retirees.

    We are living in challenging times and a cost-of-living crisis, and even the mighty German

    economy is now in recession, but you don’t have to be a victim.

    I want to show you how can you:

    ·       

    Not only survive, but thrive in a recession or depression?

    ·       

    Get control of your finances and spending?

    ·       

    Save and invest for your future?

    ·       

    Learn about money and finance?

    To help you, I am running a 5-day challenge series. 

    Money Management and Financial Freedom!

    I want to help you get control of your money, learn how to invest and become financially free.

    Check it out below:

    Master

    Your Money In 28 Days 5-Day Series - https://youtu.be/1xxq9by8P3o

    #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #housepricefall #finance

    #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #FED #ECB #financialfreedom 

    9 min
  • Inflation Falls Below 10% As Interest Rate Rises Start To Hurt The Economy And Consumers

    Inflation Falls Below 10% As Interest Rate Rises Start To

    Hurt The Economy And Consumers

    UK inflation has finally fallen below 10% to 8.7%, but core

    inflation, excluding food, rose by the highest amount since 1992.

    The Bank of England recently followed Fed and ECB with twelfth

    successive interest rate hike by 0.25% to 4.5%.

    Further interest rate rises are expected adding more pain to

    householders.

    Some borrowers seeing their payments double after their

    fixed-rate deals have expired, but lenders are trying to keep rates down using
    innovative fee structures.

    The Banks’ governor Andrew Bailey expects inflation to start

    going down this year as wholesale energy costs filter through to consumers.

    Average inflation may have fallen below 10%, but mortgage

    costs, rent, food and energy costs have risen by far more.

    ·       

    Official inflation rate stands at 8.7% - four
    times the target rate

    ·       

    Core inflation excluding items like food rose to
    6.8%

    ·       

    Food costs are rising at highest rate in 45
    years

    ·       

    Food inflation is 19% according to official
    figures

    ·       

    Learn how to manage your money on my free
    webinar

    Watch full video - https://youtu.be/Fej9_rVc4eI

    What is your biggest money worry?

    Fear of poverty and running out of money are the biggest worry of millions of American retirees.

    We are living in challenging times and a cost-of-living crisis, and even the mighty German

    economy is now in recession, but you don’t have to be a victim.

    I want to show you how can you:

    ·       

    Not only survive, but thrive in a recession or depression?

    ·       

    Get control of your finances and spending?

    ·       

    Save and invest for your future?

    ·       

    Learn about money and finance?

    To help you, I am

    running a 5-day challenge series. 

    Money Management

    and Financial Freedom!

    I want to help you

    get control of your money, learn how to invest and become financially free.

    Check it out below:

    Master

    Your Money In 28 Days 5-Day Series - https://youtu.be/1xxq9by8P3o

    #interestrates #property #mortgages

    #remortgage #mortgagerates #homebuyers #housepricefall #finance
    #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #FED #ECB
    #financialfreedom 

    9 min

About Money Tips Daily by Charles Kelly, former IFA and author of

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