Christopher Dean from the Council of Mortgage Lenders (CML) insists that while introductory offers can be beneficial in the short term, homeowners can often have more pressure on their finances in years to come. “What [homebuyers] really need to do…
Continue reading the "Warning issued over headline mortgage rates" »
Mr Bexon asserts that for many people aiming to get a foot on the first rung of the housing ladder the financial pressures are now proving to be too strong and many are deterred from buying altogether. Meanwhile, the recent…
Continue reading the "First-time buyers ‘can’t keep up financially’" »
Experts from the money search engine have asserted that it is important for newly-graduated consumers to assess the potential benefits and drawbacks attached to different current account offerings before making a banking decision. Additionally, MoneyFacts advises graduates to create their…
Continue reading the "Students offered debt advice" »
Howard Archer, chief UK and European economist at Global Insight, suggests that inflation pressures, which are assessed by the rate-setting monetary policy committee, will lead to the cost of borrowing being increased during 2007. And with millions of British people…
Continue reading the "Expert issues interest rate warning" »
According to recent research, first-time buyers in the UK paid out 18.7 per cent of their household incomes on mortgage interest during April, which represents a new 15-year high. Furthermore, as debt management problems increase across the country, the CML…
Continue reading the "CML figures highlight affordability issues" »
The Carers UK organisaiton claims that the current benefits system across the country is letting down financially people who already have to deal with difficult emotional circumstances. To make its case, the national charity cites its own research that shows…
Continue reading the "Debt fears raised for UK carers" »
Research from the Post Office indicates that close to 60 per cent of credit card users are not taking advantage of the potential financial benefits associated with their plastic products. Furthermore, despite many people being lured into credit card debt…
Continue reading the "Credit card users ‘miss out on benefits’" »
The organisation suggests that professional financial advisors ought to gain a qualification in treating customers fairly (TCF) in line with relevant Financial Services Authority guidelines. And as debt management problems mount nationwide, the ifs School of Finance is keen to…
Continue reading the "Financial advisors ‘should learn to be fairer’" »