An increasing number of people are choosing to rent their properties due to high costs, according to the UK Housing Review. Results of the study suggest that average costs to income for first-time buyers are now higher than they were…
Housebuyers should avoid taking out bridging loans to tide them over between selling their own property and buying a new one. This is according to James Molloy, product manager for AA Legal Services, who warned against this form of financing.…
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Inflation is putting pensioners under increasing financial strain, it has been revealed, leaving many struggling to avoid bankruptcy. According to the Newcastle Building Society equity release service, real inflation for pensioners will be as high as seven per cent in…
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Now is an ideal opportunity for people to lower their levels of credit card debt, it has been suggested. According to Moneyfacts.co.uk, January is the time of year when people are facing up to their borrowing during the festive season.…
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Consumers should think carefully about the credit products they use when attempting to become debt free, an expert warns. Mark Oliver, lead officer for Cambridgeshire county council trading standards, explains that some apparent solutions can actually present new problems. His…
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One Citizens Advice Bureau has reported a massive surge in the number of queries from people seeking debt help. Anne Bowen, manager of the Dorchester and district branch, made her comments to the Dorset Daily Echo, expressing concern that 2008…
One Citizens Advice Bureau has reported a massive surge in the number of queries from people seeking debt help. Anne Bowen, manager of the Dorchester and district branch, made her comments to the Dorset Daily Echo, expressing concern that 2008…
Inconsistency amongst mortgage lenders regarding missed payments, could result in fees of up to £50, according to a survey by moneysupermarket.com. Those already in debt could be interested to know that the fees range from £50, charged by GMAC, to…
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