Debt management difficulties could be heightened for borrowers that fail to secure a good deal on their mortgage repayments when their fixed-rate arrangement runs out, suggest experts from London & County (L&C). The financial services firm insists that in light…
Continue reading the "Borrowers warned over ‘fixed-rate jumps’" »
Figures from Credit Expert suggest that as the country’s debt management problems mount up, around five per cent of the population has or is considering one or other of these debt solution options. In addition, the study reveals that close…
Continue reading the "Millions of Brits ‘considering debt solution options’" »
Finances for thousands of families in the UK are being increasingly stretched as house prices continue to rise and for many the debt management difficulties presented by a further rise in the cost of borrowing will lead to their home…
Continue reading the "Families ‘face homelessness’ after interest rate rise" »
While debt management difficulties continue to increase nationwide, the council has demonstrated that for first-time buyers in Britain the average percentage of their monthly income spent on mortgage repayments during March 2007 had risen from 16 to 18.3 per cent…
Continue reading the "Mortgages ‘becoming less affordable’" »
Brits are still keen to invest in property despite the potential for debt management difficulties in light of recent interest rate rises and the likely prospect of a further increase in the cost of borrowing this month, figures from Property…
Continue reading the "Bigger mortgage debts ‘no deterrent’" »
Mr Sampson points to the growing number of people approaching his organisation for advice and information on the home repossessions process to substantiate his claim. “In the last six months we have seen the number of people clicking on the…
Continue reading the "Shelter fires repossessions warning" »
With debt management difficulties mounting up for millions of people around the country, the financial comparison service has discovered that close to 2.29 million banking customers have changed their service providers over the course of the last three months. “Current…
Continue reading the "British banking customers ‘on the move’" »
Recent figures from Engage Mutual show that Britons aged under 25 are now more likely to take out a mortgage at a younger age than was the case for their grandparents, despite house prices nationwide continuing to increase. Much of…
Continue reading the "Young Brits ‘accustomed to debt’" »