The scale of mortgage landing activity across Britain was reduced during March of this year, according to the latest data. Figures from the Council of Mortgage Lenders (CML) have shown that the number of Britons taking on a home loan…
The Office of Fair Trading (OFT) has revealed its intention to assess the fairness of the so-called sale and rent-back market in the UK. With debt management problems worsening for many homeowners, the OFT expects to see a rise in…
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Credit card lenders operating in the UK have been urged to be honest with their customers about why they are having their borrowing limits cut or their accounts closed altogether. Research by uSwitch.com has found that 1.6 million Britons have…
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Money lenders across the UK have been urged to be more sympathetic to the plight of their customers who are facing a desperate struggle to become debt free, it has emerged. Citizens Advice is keen to see mortgage lenders in…
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Gaining appropriate debt advice can help struggling homeowners avoid having their property repossessed, it has been suggested. According to the Council of Mortgage Lenders (CML), anyone with serious housing-related debt management problems should seek expert help as they battle to…
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Affordable home loans are becoming hard to find and the trend is likely to continue, according to the Royal Institution of Chartered Surveyors (Rics). The organisation is convinced that as tens of thousands of homeowners are obliged to find a…
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The number of possession claims filed by money lenders and landlords has risen by around 16 per cent in England and Wales over the course of the past year, it has been announced. According to the latest data from the…
The charges levied by banks against their customers who use an overdraft without authorisation have a serious and damaging knock-on impact, it has been claimed. According to Marc Gander, founder of the Consumer Action Group, there are thousands of people…
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