I've just been sent this charming ditty by the agent who sold my flat last year. I think he's in the tulip up to his nose...
I've included his contact details in case any of you were interested
I've included his contact details in case any of you were interested
THE BANKING SYSTEM
The banking system is in chaos and any
bank deposit over £50,000 from today,
according to government statements,
is not guaranteed to be returned.
The government has stated that 98% of those
with bank accounts will be covered by this
guarantee but the government does not state
that the other 2% who own 50% of the deposits
will not so this money needs to be protected.
Have you seen with your own eyes, seen on
the television or read in the newspapers
the fact that English banks and building
societies are being inundated by investors
wanting their monies returned so that
they may place them in Irish banks as
the Irish government has guaranteed the
accounts to 100% of the sum deposited.
Are you aware that some people are so
desperate to protect their money that they are
transferring it from one account to another, they
are seeking to buy gold, which itself is subject
to fluctuation, they are investing in foreign
currencies, which is also subject to fluctuation
and probably some are storing their money
under the bed as being the least risky option.
The question is as to the best method of
protecting money in the current climate and
the simple answer is to invest in property.
Property prices are at their lowest
for a considerable time and there are
many good deals to be had. Mortgages
are available particularly for those
with a reasonable financial record.
Property has for the last 50 to 60 years shown
itself to be one of the best ways of protecting
money and the number of blips in the market
over these years have been very few and only
severe on those who were so imprudent as
to borrow at a level beyond their means.
For those who wish to protect their
money SW19 offers a wide range
of investment properties.
Yours faithfully
Luke Bennett
Director
142 & 146 Merton Road
Wimbledon London SW19 1EH
Tel: (0)20 8544 2828
Fax: (0)20 8544 2829
Email: [email protected]
www.SW19.com
The banking system is in chaos and any
bank deposit over £50,000 from today,
according to government statements,
is not guaranteed to be returned.
The government has stated that 98% of those
with bank accounts will be covered by this
guarantee but the government does not state
that the other 2% who own 50% of the deposits
will not so this money needs to be protected.
Have you seen with your own eyes, seen on
the television or read in the newspapers
the fact that English banks and building
societies are being inundated by investors
wanting their monies returned so that
they may place them in Irish banks as
the Irish government has guaranteed the
accounts to 100% of the sum deposited.
Are you aware that some people are so
desperate to protect their money that they are
transferring it from one account to another, they
are seeking to buy gold, which itself is subject
to fluctuation, they are investing in foreign
currencies, which is also subject to fluctuation
and probably some are storing their money
under the bed as being the least risky option.
The question is as to the best method of
protecting money in the current climate and
the simple answer is to invest in property.
Property prices are at their lowest
for a considerable time and there are
many good deals to be had. Mortgages
are available particularly for those
with a reasonable financial record.
Property has for the last 50 to 60 years shown
itself to be one of the best ways of protecting
money and the number of blips in the market
over these years have been very few and only
severe on those who were so imprudent as
to borrow at a level beyond their means.
For those who wish to protect their
money SW19 offers a wide range
of investment properties.
Yours faithfully
Luke Bennett
Director
142 & 146 Merton Road
Wimbledon London SW19 1EH
Tel: (0)20 8544 2828
Fax: (0)20 8544 2829
Email: [email protected]
www.SW19.com
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