Friday, 28 March 2008

The Nationwide Just Joined The GrowingThrong!

OK, I'm not here to say I told you so, completely the opposite actually. Yesterday The Nationwide joined the growing throng of banks and building societies making it EVEN HARDER for first time buyers to ever own their own home in this country.

If you haven't got the message yet, 25% deposit is required in the year 2008 for low rate mortgages for first time buyers. The banks are not making as much money out of bad debts so they look for other ways to make their money instead!

Your children are in jeopardy, they haven't got a hope in hell when they grow up unless you are prepared to part with at least £100,000 of your own money, ask yourself over the weekend, exactly how well prepared ARE my children for the future.

Kids Money Packs - give you an idea on how to do something for the next generation before it's too late.
Until next rant, as always Diane

No comments: