Investment Property Worldwide.com
  • Introduction
  • Portugal
  • Bespoke Villas in Spain
  • SIPP details
  • Blog
  • Contact page

Bankruptcy too expensive for those in debt

28/9/2012

 
Cutting the Debt mountain
A substantial fall in the number of people going bankrupt could be due to high fees not any improvement in personal finances, a leading debt advice body has warned. 
Joanna Elson, the chief executive of the Money Advice Trust, said that a 10 per cent fall in the numbers of people going insolvent "may largely be driven by  increases in the fees required to make yourself bankrupt".
She added: "People struggling with debt often can't afford the £700 it costs to go bankrupt [£525 for the deposit plus £175 for the court fee], even though it would otherwise be their best option.
"This leaves them in a financial black hole. The numbers using debt relief orders, one of the cheaper remedies, has risen."

On Friday, it was revealed there were 27,390 personal insolvencies in England and Wales in the second quarter of this year, a 10 per cent decrease on the same  period a year ago and the lowest figure since the summer of 2008.
The figures are a surprise as the UK has recently entered recession, but Ms Elson warned insolvencies may spike again later this year: "These figures are likely to get worse, with incomes increasingly unable to match rising prices."


What to look for when investing in a hotel room in London!

21/9/2012

 
Holiday Inn Express Investment
It is important when considering hotel investment that the hotel, operator and branding match the local area and market.
The Holiday Inn Express® London - ExCel, is located within London’s Royal Docks in East London – designated a “Special Enterprise Zone” in 2011.
The site of the hotel will be under a mile from London’s City airport. 
The O2™ Arena can be reached in a few minutes and the hotel site is conveniently
located for tourist attractions such as the National Maritime Museum, Greenwich
Observatory and also Canary Wharf.
Central London is only 25 minutes away THE EXCEL™ CENTRE about 2.5 minutes’ walk away.
The hotel site is found on the waterfront in the centre of the Royal Docks. It was the UK’s first purpose built international convention centre boasting 100,000 sqm of exhibition space, opened in late 2000 and renovated and extended in 2010, which increased the capacity by 50%. It is used by blue-chip companies for meetings, AGM’s conventions as well as sporting and cultural events
LONDON CITY AIRPORT (0.5 miles) is just 3 miles from London’s financial district and is vital for business and plays an important part in keeping up with the growth of London. The business community recognizes the convenience of its location and size. In 2009, London City airport gained permission to increase flights by 50% and in 2011, British Airways announced a number of new flights while Blue Islands Airline announced the launch of its new executive service from the airport.

If you are looking for an arm chair hotel room investment in London this must be it.

50% non-status finance and prices from £135,000 on an RICS valuation of £161,000 combine this with the ideal location, exit strategy AND well-known operator.

LINK - to further information.

MILLIONS FACE PENSION CRISIS!

7/9/2012

 
pension crisis
MILLIONS of new pensioners were warned this week that they face a retirement of poverty after weeks of slashed annual payouts.
Pension companies have cut rates offered on their guaranteed annuity incomes 24 times since the start of summer.
Standard Life is the latest to do so, lopping five per cent off the rate offered to the newly-retired and those approaching retirement.
And male pensioners will suffer an extra blow later this year with the introduction of the EU’s new “gender directive” which will further force down annuities for men.
Craig Palfrey, founding partner of independent financial advisers Penguin Wealth, said: “Annuities are in meltdown. We’re way beyond red alert. They have been coming down relentlessly and Standard Life’s decision to take a sword to rates is just the latest example.
Twenty years ago a £100,000 pension fund would have guaranteed an income of £15,640 a year for life for a 65-year-old man. Now it is just £5,140 a  year.
And the crisis decimating pensions is set to continue for months, perhaps even years, piling on the agony for the newly-retired.
Experts warn that the situation is likely to worsen as annuity providers  struggle with volatility in the stock market and the Bank of England’s  quantitative easing (QE) strategy to tackle the recession.
The money-printing policy has been attacked for triggering “a death spiral” in pensions, which some experts say has led to the worst retirement  payouts in history. 

NOW is the time to take control of YOUR pension before it is too late - SIPP LINK.
 


    Author

    Investment Property Worldwide will try bring to you a diverse range of property, investment news.

    Archives

    October 2014
    January 2014
    July 2013
    June 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011

    Categories

    All
    2012
    5* Resort
    5 Star Resort
    Akbuk
    Akbuk Bay
    Algarve
    Algarve Coast
    Alternative Investment
    Alternative Investment
    Alternative Investments
    Alternative Investments
    Annuity
    Annuity Rates
    Asia
    Bakkan Oil Fields
    Bakkan Oil Fields
    Bank Discounted Property
    Banking
    Barbados
    Beach Club
    Belle Plagne Skiing
    Bespoke Villa
    Blu Hotel
    Boot Camp
    Britains Got Talent
    Buccament Bay
    Buccament Bay Resort
    Buy To Let Student Accommodation
    Care Homes
    Caribbean Resort
    Caribbean Resorts
    Cricket Academy
    Currency Exchange
    Currency Market
    Debt Management
    Debt Management Plan
    Discounted Properties
    Discounted Property
    Discounted Property.
    Economic Crisis
    Economic Recovery
    Economy
    Euro Bailout
    Euro Rate
    Euro Zone
    Excel Currency
    Finance
    France Skiing
    Fsa
    Gary Player
    Golf
    Golf Property
    Green Fees
    Greetland
    Guaranteed Return
    Guaranteed Return
    Harlequin
    Harlequin Air
    Harlequin Hotels
    Harlequin Hotels And Resort
    Harlequin Hotels And Resorts
    Harlequin Resorts
    Harmony Bay
    Healthcare Investment
    Help For Heroes
    Holiday Competition
    Holiday Inn Express
    Holiday Inn Investment
    Holiday Lets
    Holiday Scam
    Hotel Investment
    Hotel Investment
    House Market
    House Prices
    Housing
    Inflation
    Insured Investment.
    International Payments
    Investing In A Hotel Room
    Investing In A Hotel Room
    Investing In The Caribbean
    Investment
    Kerswell
    Lagos
    Landbanking
    Liverpool
    Liverpool Soccer Academy
    Loan Note
    Loan Note Investment
    Loan Notes
    London Riots
    Luxury Caribbean Holiday
    Marquis Estate
    Mini Hotel
    Mini Hotel
    Mini Motel Room Investment
    Mini Motel Room Investment
    Mmu
    Moneysupermarket.com
    Money Transfers
    Mortgage
    Mortgages
    Mortgages.
    Motel Investment
    Motel Investment
    Moving Overseas
    National Savings
    Off Plan
    Off Plan
    Oilfield Investment
    Oilfield Investment
    Padi 5 Star Status
    Paradise
    Pattaya Property
    Payment Protection Insurance
    Pension
    Pension Confidence
    Pension Funds
    Pension Investment
    Pension Investment.
    Pension News
    Pension Reform
    Pension Retrurns
    Pension Review
    Pension's
    Pension Shortfall
    Pension Transfer
    Performing Arts
    Place In The Sun
    Portugal
    Ppi
    Price Increase
    Property
    Property Market
    Property Recovery
    Property Search
    Property Sizes
    Qr Code
    Reduced Property
    Rental Market
    Resort Investment
    Retirement
    Retirement Age
    Return On Savings
    Rightmove Overseas
    Safe Havens
    Savings
    Scams
    Ses
    Sipp
    SIPP\\
    Sippable
    Sippable Products
    Sipp Investment
    Sipp's
    SIPP's
    Ski Lodge
    Ski Room Investment
    Spanish Property
    Standard & Poor
    State Pension
    Sterling
    St Lucia
    Student Accomodation
    Student Lets
    Student Pods
    Student Properties
    St Vincent
    St Vincent And The Grenadines
    St Vincents Airport
    Telegraph
    Thailand
    Tobago Cays
    Tourism Award
    Tourist Figures
    Travel Advice
    Travel Weekly
    Tripadviser
    Turkey
    Turkish Property
    Turkish Property Prices
    Urban Pads
    Usa North Dakota
    Usa North Dakota
    Website Qrcode
    West End Stars
    Western Algarve
    West Indies Cricket
    World Travel Awards
    Yorkshire Regiment

    RSS Feed

Powered by Create your own unique website with customizable templates.