Nationwide predicts downward spiral for house prices
The leading building society Nationwide has recently warned that we should expect downward pressure on property prices in the UK over the coming year. <!--more--> The warning came as the building...
View ArticleHomeowners given advice on making money from their home
In the past many people with their own homes were reliant on the equity in their properties to provide them with financial stability in the future. <!--more--> However, with the onset of the...
View ArticleMore people could end up taking out IVA due to credit card debt
Officials from a national debt charity have recently stated that a rising number of people may end up turning to Individual Voluntary Arrangements (IVAs) in order to deal with the credit card debt that...
View ArticleBorrowers being pushed onto costly fixed rates by lenders
A recent report has claimed that lenders are being accused to pushing customers onto expensive fixed rate mortgage deals that could see the amount that they owe go up by thousands of pounds....
View ArticleRBS bonuses fly in the face of government promises
Since the onset of the global credit crunch, which has seen a number of banks become at least part government owned as a result of huge bailouts using taxpayers' money, the government has been...
View Article90 percent mortgages withdrawn by Britannia
First time buyers have faced a number of problems when it comes to getting onto the property ladder, even though property prices have come down. Over the past couple of years banks and lenders have...
View ArticleHomeowners urged to fix rate before it is too late
For the past seven months the base interest rate in the UK has been at an all time low of just 0.5 percent, which is the lowest it has ever been in the history of the Bank of England, which spans over...
View ArticleProperty still not affordable enough for first time buyers
Since the property market peaked back in 2007 property prices in the UK have plunged, sending many homeowners spiralling into negative equity and wiping tens of thousands of pounds off the price of...
View ArticleMixed news on mortgage lending
Over recent weeks data has been released that indicates mixed news in the mortgage lending markets. There has been much speculation recently about signs of recovery in the property and mortgage...
View ArticleShake up in store for the mortgage market
Over the past couple of years the mortgage market in the UK has gone through some very tough times, and even now traditional mortgage lenders are being increasingly strict with regards to mortgage...
View ArticleHighest number of mortgage complaints received by Bank of Scotland
According to figures received from the Financial Ombudsman Service the highest number of complaints in relation to home loans and mortgages has been received by the Bank of Scotland. <!--more-->...
View ArticleIncreased protection for homes is vital
Industry officials have been warning that in the current financial climate, with the credit crunch and the recession still affecting the economy, the level of domestic burglaries has been rising and in...
View ArticleCan house price revival be sustained?
Recent speculation about green shoots in the UK economy has been further fuelled over recent months because house prices have seen a small yet sudden revival after over eighteen months of falls....
View ArticleUlster Bank aims to increase lending
Whilst many recent reports have stated that many banks across the UK are still being extra cautious with regards to lending to consumers in the current climate it has been revealed that one bank in...
View ArticlePayments on mortgages fall to lowest level in seven years
Despite the troubled financial climate and the recession recent reports have shown that consumer do have some good news when it comes to their finances. <!--more--> One report has shown that with...
View ArticleMany homeowners refuse to drop property prices
Over recent months property prices in the UK have been increasing slightly, but over the past year and a half property prices have plunged with the UK experiencing a dire property slump....
View ArticleWhy You May be Turned Down for a Loan
It is not surprising to hear of many customers being turned down when they apply for a loan from one of the many UK lenders in these times of economic uncertainty. <!--more--> In the past few...
View ArticleHome buyers in Surrey can get expert advice
People who are looking to purchase a home can get some advice and assistance from experts at a luxury new housing development in the Surry area, according to a recent report. <!--more--> The...
View ArticleCountry homes holding prices better than town houses
It has been revealed in a recent report that the prices of homes in the country and in rural areas are holding better than the value of homes in urban areas during the property slump. <!--more-->...
View ArticleHome loan prices continue to rise
According to recently released figures the prices on home loans in the UK are continuing to increase even though the base interest rate has now been at record lows of 0.5 percent for many months....
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