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News

19% inflation and 6% Bank Base Rate

Only this week, Citibank predicted that UK inflation would exceed 18% by January next year and that the Bank of England would feel compelled to increase the base rate to 6%.
How many of us are prepared for this?

MORTGAGES – Interest Only or Capital Repayment?

My personal view is that an interest only mortgage is far better than a capital repayment mortgage, here’s why …
Back in 1971 my parents borrowed three times their joint income to buy a house that cost them £3,000.

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01603 741900
info@gracecharlesinvestments.com