Using A Second Mortgage To Buy A Foreign Property
For many years now, British people seem to have had something of an obsession with buying a place in the sun. Numerous TV shows including the one just mentioned, as well as multiple newspaper and magazine articles. All encouraging people to find their little piece of heaven in Spain, France, Bulgaria, or even further afield in Florida, or even Asia.
So many British people find this whole concept to be, a dream come true. In addition, huge numbers are not just dreaming about it. They are actually making it happen, and are buying their piece of foreign property, either as an investment is or as a place to permanently emigrate to in the future.
Quiz: Are You A Cultured International Traveler?
Foreign etiquette is key to a sophisticated traveler. How much do you know about the different cultures encountered in international travel?
Q: When in North Africa or the Middle East what hand do you use to eat traditional meals?
A: The right hand only. At traditional meals, the left hand is not used for eating.
Q: In North Africa or the Middle East what part of your body do you not face toward another person?
A: In some parts it is considered rude to face the soles of one?s feet toward other people.
Bank Charges And The Cost Of Bounced Cheques
Sometimes you open your bank statement and you get a nasty shock. Not only has the cheque you wrote for the last utility bill bounced, but your bank has charged you for the privilege. And it’s not the first time it’s happened, so your previously spotless credit rating could be in danger.
When cheques bounce it doesn’t always mean that someone has acted in bad faith. Instead, a bounced cheque may be caused by the vagaries of the cheque clearing system.
How Cheque Clearing Works