First-time buyers applying for a mortgage may find their attempt to get on the housing ladder harmed by negatives on their credit record, a representa…
Continue reading the "Credit issues ‘can affect mortgage applications’" »
The number of UK homes being repossessed has fallen, a fact the Council of Mortgage Lenders (CML) has partly attributed to the good debt help many peo…
Continue reading the "Repossessions fall in second quarter" »
The UK's banks are "detached from society", chief executive of Royal Bank of Scotland Stephen Hester has said.
His admissio…
Recent International Monetary Fund calls for the Bank of England to cut the base rate have gone unheeded as the cost of borrowing was maintained at 0….
Buying a home remains cheaper than renting, the National Federation of Property Professionals has stated.
Chairman of the organisation Ma…
Britain has enjoyed a rare piece of good economic news at the end of a bad week as ratings agency Standard and Poors confirmed it was maintaining Brit…
The number of people who rent their homes in England and Wales and are in severe arrears with payments has topped 100,000, a new study has found.
Continue reading the "Number of renters in bad debt reaches six figures" »
The number of people losing their homes to repossession has been lower than in previous times of recession or low economic growth thanks to lower inte…
Continue reading the "Repossessions show north-south divide" »
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