| RedSofa launches THINK campaign.
Property investment company RedSofa have launched their latest marketing campaign - THINK. This campaign has been designed to highlight the growing trend of homeowners taking out further debt in order to prevent themselves falling into arrears with their existing monthly financial commitments.
[UKPRwire, Sat Mar 17 2007] Taking out further debt, which is usually secured against their home, is not a solution which is recommended, as this can cause further problems, as homeowners struggle to afford the increased monthly payments. By increasing the debt, homeowners just increase their risk of defaulting, and ultimately are more exposed to potentially having their home repossessed.
Research from Moneysupermarket.com has revealed that 28% of UK consumers have consolidated their debt by taking out a personal loan, 8.5 million of the 13 million consumers who consolidated in this way actually continued to borrow further through either their overdraft or additional loans.
Loans - Lofty ambitions with lofts
Loft conversions can add around 100,000 to a home's value, according to Alliance & Leicester Personal Loans. Indeed, research carried out across England and Wales reveals how homeowners who add a dormer loft conversion to their house are likely to be in a win-win situation. It's cheaper than buying a bigger house, they can see the value of the property go through the roof and they could make significant savings compared to a further advance on a mortgage or a personal loan from the Big Four. Although there are regional price differences, the UK average cost of a dormer loft conversion is around 23,000 and can add 100,000 to the house's value. In London, dormer loft conversions to a three-bedroom home cost around 25,000, but could return a whopping potential profit of nearly 146,000 if the homeowner went on to sell their property.
More on Warren Buffett
Sydney, Mar 16, 2007 (ACN Newswire) - Last week was our Warren Buffett special, this week we complete it by highlighting some little known corners of the empire which show not only the diversity but the investment thinking of Berkshire Hathaway.(New York Stock Exchange code: BRKA for the A class shares; last price Wednesday $US106, 800. And BRKB for the B class shares; last price Wednesday $US3,562). That's expensive for shares (there are only around 1.1 million Class A shares on issue and just over 12.88 million Class B) The two classes of shares have different rights.There are several interesting business BH is involved in: a couple in building and real estate (which have not been the most profitable or healthiest of places of late) and in aviation.Possibly the most interesting is NetJets because it shows the perseverance of Buffett and the way he gives managers a fairly free hand to try and produce a positive, profitableoutcome.Here's what he said in the annual report.........................A much improved situation is emerging at NetJets, which sells and manages fractionally-owned aircraft.
Sierra Leone: A Tribute to Musa Khalil Suma (1942 - 2007)
On behalf of my family and myself, I would like to extend to Mrs. Ramatu Suma, nee Hassan, the children and grandchildren, Ms. Yeabu Suma, Mr. Momodu Janneh, Jesmed Suma and the rest of the entire family and friends of the late Alhaji Musa Khalil Suma, our heartfelt sympathy upon their grave personal loss. It is one of the certainties of life on earth that every man or woman who comes into this world must exit it, sooner or later. Yet, no man or woman can know the exact date and time of his or her own exit. .
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