Branson's no virgin to banking
Chairman, YPC Group
Welcome to this week's property news. Today we see Sir Richard Branson jumping back into banking after his defeat with Northern Rock. He has just completed his banking application for Virgin Money and I think he'll get it approved by the FSA this time.
It seems Branson's not the only one creating competition. The government's also planning to break up Northern Rock into good bank and bad bank - I'll explain this in the video. What's important is that the more competition being created, the more opportunities there will be for us.
Is being realistic holding us back? If you're not ready to buy right now, make sure you educate yourself by reading lots of articles and start to set your plans in place. Be sure to look ahead and prepare yourself for the future. As the market improves, you'll be presented with lots of opportunities and you'll want to be ready to make some money.
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