P541 Teletext 541 Dec22 23:27:07 ————————————— NEWS UPDATE ————————————— BUYER-SELLER STAND-OFF STUNTS HOUSING The housing market is being held back bz a stand-off between buzjrs and sellers, according to a new survey. The Royal Institute of Chartered Surveyors says low interest rates have placed buzjrs in a strong bargaining position. However, some sellers trapped in homes worth less than the mortgage are unwilling to sell their homes for less. ——————————————————————————————————1/9— Erratic house prices hold back market > HOMELIFE: IT'S YOUR LIFE p480 Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:22:21 ————————————— NEWS UPDATE ————————————— ERRATIC HOUSE PRICES HOLD BACK MARKET The Royal Institute of Chartered Surveyors says the stand-off between buzjrs and sellers has resulted in a huge number of overpriced houses. Many have not sold while the smaller number of more realistically-priced homes have sold quickly. TICS forecast 1994 would witness continued strengthening of the housing market in England and Wales. ——————————————————————————————————2/9—— New investment rates from Chjlsja >> MONEY NEWS CHANGES DAILY MON-FRI Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:22:36 Are You:- BAMBOOZLED BY BONDS? UNSURE ABOUT ASSURANCE? TORTURED BY TAX Research shows that women want to know more about personal finance but do not necessarily want to obtain this from a salesman. National & Provincial Building Society has set up "Financial Services for Women" to provide unbiased information. FOR MORE INFORMATION OR TO OBTAIN OUR FREE ADVICE BOOKLET, CALL Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:24:11 ————————————— NEWS UPDATE ————————————— NEW INVESTMENT RATES FROM CHELSEA The Chjlsja Building Society has announced new investment rates effectively cutting returns by between p.55% ] p^v0%. The new rates cover the Option 90 Instant Option, Capital, Chjlsja Kids, Monthly Incooj Shares and Chjlsja TESSA accounts. More details can bj obtained by calling p242 u21391. ——————————————————————————————————4/:— Halifax cuts Visa Card rate >>> MONEY NEWS CHANGES DAILY MONmFRI Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:21:12 ————————————— NEWS UPDATE ————————————— HALIFAX CUTS VISA RATES Halifax Building Society has cut the monthly interest rate on its Visa Card from January 24, 1994 to 1.63%, that's 22^6% APR. The previous rate was 1.69% or 23.5% APR. Halifax was the first building society to launch its own brand credit card in July 1988. The card offers up to 7 weeks interest free credit and a range of insurance. ——————————————————————————————————5/:— What else is on offer with Halifax >> MONEY NEWS CHANGES DAILY MONmFRI Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:31:21 ————————————— NEWS UPDATE ————————————— HALIFAX VISA CARD IMPROVES Halifax Visa Card has announced a number of other improvements to its Visa Card effective from 1994. They include: Annual fee rebate for customer who spend £1,500 per year. Annual fee waiver for the first 12 months on all new accounts Transfer of debt offer existing or new customers can transfer £300 and get an £25 credited to their account. ——————————————————————————————————6/:— Nor & Ptrb' cuts borrowing rate >>> MONEY NEWS CHANGES DAILY MON-FRIP541 Teletext 541 Dec22 23:21:22 ————————————— NEWS UPDATE ————————————— NOR& PETERBORO' CUTS COST OF BORROWING Norwich & Peterborough Building Society has launched three new low fixed rate schemes. They are: 4.49% to 80% fixed to April 1, 1995 5.75% to 80% fixed for two years 7.45% to 95% fixed for five years There is a non-refundable application fee of £125 and building and contents insurance must bj taken out through the Society. ——————————————————————————————————7/9— The latest fixed rate mortgages 545 MONEY NEWS CHANGES DAILY MON-FRI Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:11:17 ————————————— NEWS UPDATE ————————————— RECORDmBREAKING UNIT TRjST SALES Unit Trust sales continued to boom in Novjmbjr to produce the highest inflow since 1986 at £407m. The number of account holders within all 24 unit trust sectors climbed from 4.89m in October to 4.94m. The best selling funds across all retail distribution channels were UK Balanced funds. The worst selling were in the Far East excluding Japan. ——————————————————————————————————8/9— The latest fixed rate mortgages 545 MONEY NEWS CHANGES DAILY MON]FRI Your Money Advice Property MortgagesP541 Teletext 541 Dec22 23:37:12 ADVERTISEMENT ^.. Traded Endowment Policy Specialist Thinking of surrendering your With-Profits Endowment Policy? TRY US FIRST IF YOUR POLICY: HAS RUN FOR AT LEAST 25% OF ITS TERM JS FROM AN ESTABLISHED LIFE OFFICE HAS A MINIMUM SURRENDER VALUE £1,500 IF "YES" THEN WE WANT TO SEE IT POLICYPLUS CAN SOMETIMES OFFER UP TO 35% MORE THAN SURRENDER VALUE FOR FULL DETAILS CALL: 0225 4v6466 AFTER HOURS SERVICE: 081 553 6470 Member of F.I.M.BnR.A. Your Money Advice Property Mortgages