The interest-only mortgage timebomb is ticking loudly and will only get louder according to statistics revealed in the Financial Conduct Authority’s (FCA) thematic review into interest-only mortgages, which was published earlier this year.
The review revealed there are now 2.6m interest-only mortgages due for repayment by 2041.
Worryingly, as many as 48% of those face a shortfall at repayment day, with an average figure of around £71,000.
Even more worryingly, the review…Continue
Added by Mark Williams on November 25, 2013 at 10:23 — No Comments
This week I was asked to provide some guidance on setting up the email, calendar and contacts of several businesses so that they could access the data anywhere and on any of the mobile devices that they used.
Although I'm a Google Apps and Android person myself, I had to get this working on Apple devices. The set up on Android devices, as should be the case, is very straightforward but it wasn't as straightforward to get things set up on the Apple devices. On an Android…Continue
Added by Alec Grant on November 23, 2013 at 7:02 — No Comments
As a copywriter I always like to learn from the best, and Drayton Bird (crazy name, crazy guy:0) is a Direct Marketing guru who is always worth listening to... He's British, and advertising legend David Ogilvy, who he worked with while at O&M Direct said of…Continue
Added by Keith Grover, NiS Founder on November 22, 2013 at 17:08 — No Comments
Apparently we are blessed with long and happy lives here in leafy Surrey, according to this article on the Telegraph's website. And on the subject of the Telegraph, I've added a link to their cartoon to the NiS home page so whenever you're on the site you can click to enjoy that day's example from the best topical cartoonist of all time, IMHO!
Added by Keith Grover, NiS Founder on November 22, 2013 at 11:50 — No Comments
I spotted this fascinating article on the InformationWeek website. I'm particularly interested in how to monetise the social web because I'd like to make a business out of the 'Networking in' concept :0)
From social media faux pas to a prominent IPO, 2013 was full of social media highs and lows. According to Brian Solis, principal analyst at Altimeter Group, this year marked social media's move into the…Continue
Added by Keith Grover, NiS Founder on November 19, 2013 at 17:30 — No Comments
I read loads of articles on networking and it's nice to find I'm in good company when I recommend networking as the twenty-first Century way to find business success...
Here's a promising looking chap called RIchard Branson explaining his enthusiasm for networking on Entrepreneur.com...
"Q: How much of an impact does a really effective networker have on a company's success? Does it ever make sense to hire someone whose only…Continue
Added by Keith Grover, NiS Founder on November 15, 2013 at 18:22 — No Comments
If you're struggling to find a really good tool for helping you manage your personal or business tasks then do take a look at Trello (www.trello.com). It's free (which is a winner to start with) and although it has a paid for version, there really is no need to upgrade. You can manage as many tasks as you like and categorise them into projects (or organisations as it…Continue
Added by Alec Grant on November 14, 2013 at 15:00 — No Comments
The quarterly inflation report out today suggested the Bank of England could raise rates as early as the end of 2014 if unemployment continues to tumble and the economy improve.
Governor of the Bank of England Mark Carney commented Bank statisticians forsee a 40% chance unemployment will reach the 7% threshold by the end of next year. He added there is a 60% chance it will happen by the end of 2015.
Under the terms of Carney's Forward Guidance, the MPC…Continue
Added by Mark Williams on November 13, 2013 at 18:13 — No Comments
I have just signed into the Networking in Surrey Group and although I have been in sales for years and working for Peninsula for 20 of them, I do not see myself as a good networker.
I have been to many events in the past and failed to make any signifcant headway in, what I believe to be, the networking sector.
Is the problem that, I am not sticking it out long enough? I know that trust is everything and maybe I do not 'hang around' long enough to build that…Continue