Choice Blog

Personal Finance

What is RDR?

Last post: Oct 12, 2012

In the run up to the deadline of the Retail Distribution Review (RDR), Independent Financial Advisors (IFAs) are in the midst of assessing the impact of new regulations and how it will affect the future of the advice they give.

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What are the effects of going bankrupt?

Last post: Sep 20, 2012

Firstly, before looking at what are the effects of going bankrupt we will briefly explain what bankruptcy is. Quite simply, if you are unable to repay your liabilities within a reasonable period of time then you can apply to the court to be made bankrupt or one of your creditors can request that the court make you bankrupt.

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Co-op no longer offer accounts to undischarged bankrupts

Last post: Sep 11, 2012

The Co-operative bank have today announced that they will no longer offer accounts to undischarged Bankrupts. They say they have taken this decision because there is an “un-level playing field” in the market at the moment.

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Getting a loan for a deposit on a house just got easier

Last post: Sep 3, 2012

A new product has just been launched that allows homebuyers borrow up to £50,000 (or £50,000 each for a couple to a joint maximum of £100,000) unsecured to place a deposit on a property.

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Common pitfalls when buying a property in France

Last post: Aug 29, 2012

Though the credit crunch has taken its toll on the property market in the UK and further afield, it is not without its silver lining. Perhaps surprisingly we have recently seen an increase in interest from UK citizens looking to buy properties abroad, particularly in France.

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Number of bankruptcies in England and Wales falls - but why?

Last post: Aug 8, 2012

According to statistics released on Friday last, 27,390 people in England and Wales applied for bankruptcy in the second quarter of 2012 which represents a drop of 10% from the same period last year and the lowest number recorded in a quarter since 2008.

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