Buying a house is not “that difficult” NatWest Chairman Sir Howard Davies claims!

Buying a house in the UK is not “that difficult”, according to banker Sir Howard Davies, who is paid £763.000 a year by NatWest.

His remarks in a BBC interview have caused outrage, especially among the ‘generation rent’ who are struggling to save for a deposit while rental prices reach record highs and the cost-of-living crises continues.

Watch full video -https://youtu.be/acOsNvTnb2A

This week, the average two-year fixed rate is 5.83%, while a five-year deal was 5.43%, according to Moneyfacts.

He Halifax Mortgages say mortgage rates are easing and buyers' confidence could increase in the coming months.

They added that house prices rose for the third month in a row to average £287,105 in December, but it forecast a fall this year with buyers perhaps becoming more cautious due to economic uncertainty. Their data shows annual rise of 1.7% in 2003 and 1.1% month-on-month rise in December.

Halifax is the UK's biggest mortgage lender, but its own lending figures only take into account buyers with mortgages - about two-thirds of all sales - and do not include those who purchase homes with cash or buy-to-let deals.

Figures from the Bank of England published on Thursday showed the number of mortgage approvals rose slightly in November.

Many sellers have had their properties o the market for as long as two years and not sold despite dropping the asking price. 

Earnings and cash saving are falling behind values of assets, such as stocks and shares, gold and silver and property prices rises.

Inflation is eating away at your savings and cash.

Chinese shadow bank files for $63 billion bankruptcy.

Where to find me:

Money Tips website: https://moneytipsdaily.com/

YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg

Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities

LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty⁠https://youtu.be/mtGq7WaVxLA ⁠

What’s in Store in 2024? Stock Markets, Property and Gold

Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q

For a free gold, investment report, and Discovery Call, click here. 

7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8

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

Wishing you a prosperous New Year.  

#money #gold #silver #inflation #natwest #propertyprices #rent #generationrent #investing

Buying a house is not “that difficult” NatWest Chairman Sir Howard Davies claims!
Buying a house in the UK is not “that difficult”, according to banker Sir Howard Davies, who is paid £763.000 a year by NatWest.
His remarks in a BBC interview have caused outrage, especially among the ‘generation rent’ who are struggling to save for a deposit while rental prices reach record highs and the cost-of-living crises continues.
Watch full video - <a href="https://youtu.be/acOsNvTnb2A">https://youtu.be/acOsNvTnb2A</a>
This week, the average two-year fixed rate is 5.83%, while a five-year deal was 5.43%, according to Moneyfacts.
He Halifax Mortgages say mortgage rates are easing and buyers' confidence could increase in the coming months.
They added that house prices rose for the third month in a row to average £287,105 in December, but it forecast a fall this year with buyers perhaps becoming more cautious due to economic uncertainty. Their data shows annual rise of 1.7% in 2003 and 1.1% month-on-month rise in December.
Halifax is the UK's biggest mortgage lender, but its own lending figures only take into account buyers with mortgages - about two-thirds of all sales - and do not include those who purchase homes with cash or buy-to-let deals.
Figures from the Bank of England published on Thursday showed the number of mortgage approvals rose slightly in November.
Many sellers have had their properties o the market for as long as two years and not sold despite dropping the asking price. 
Earnings and cash saving are falling behind values of assets, such as stocks and shares, gold and silver and property prices rises.
Inflation is eating away at your savings and cash.
Chinese shadow bank files for $63 billion bankruptcy.
Where to find me:
<a href="https://moneytipsdaily.com/">Money Tips website</a>: <a href="https://moneytipsdaily.com/">https://moneytipsdaily.com/</a>
<a href="https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg">YouTube Channel</a>: <a href="https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg">https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg</a>
<a href="https://www.facebook.com/groups/No1businessopportunities">Money Tips Facebook Community</a>: <a href="https://www.facebook.com/groups/No1businessopportunities">https://www.facebook.com/groups/No1businessopportunities</a>
<a href="http://www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2">LinkedIn</a>: <a href="http://www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2">www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2</a>
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty <a href="https://youtu.be/mtGq7WaVxLA">⁠https://youtu.be/mtGq7WaVxLA ⁠</a>
What’s in Store in 2024? Stock Markets, Property and Gold
Watch full video on Money Tips Podcast YouTube Channel <a href="https://youtu.be/difmr0fp5-Q">https://youtu.be/difmr0fp5-Q</a>
For a free gold, investment report, and Discovery Call, click <a href="https://pure-gold.co/charles-kelly">here</a>. 
7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: <a href="https://youtu.be/8oZ30NHVAr8">https://youtu.be/8oZ30NHVAr8</a>
Join me online on my free live money management training Wednesday at 8.00PM. 
Places are limited, so register now below to avoid disappointment.
<a href="https://bit.ly/3QPp8IH">⁠https://bit.ly/3QPp8IH⁠</a>
Wishing you a prosperous New Year.  
#money #gold #silver #inflation #natwest #propertyprices #rent #generationrent #investing

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.&nbsp; Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.&nbsp; Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation. &nbsp; For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips Podcast

Welcome to Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness. 

Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business. 

Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.  

For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

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