A series of banks have been downgraded by ratings agency Moody's due to their perceived high level of exposure to eurozone debt.
The agency has…
Continue reading the "New credit crunch may be on way as banks downgraded" »
The Bank of England's Monetary Policy Committee was split over quantitative easing (QE) this month, minutes of its June meeting have revealed.
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The last few years have seen a notable change in patterns of home-ownership, with a well-documented shift towards renting and away from buying.
…
Continue reading the "Debt may be barrier for aspiring home-owners" »
The Bank of England has held the base rate at 0.5 per cent again, with the possibility growing that it will continue to sustain the record low rate th…
The number of repossessions is stable and no longer rising, the Council of Mortgage Lenders (CML) has revealed.
CML figures for the numbe…
Rising standard variable rates (SVRs) could be part of a ticking time-bomb of repossessions.
A study by consumer group Which? has revealed 70 per c…
Tenants who are in debt through rental arrears may be better off if they talk to their landlords as soon as they get the chance.
David Lawrenson, p…
Continue reading the "Struggling tenants ‘should talk to landlords’" »
Homeowners who are worried about the possibility of repossession should their mortgage costs rise may wish to watch the way rates are moving very care…
Continue reading the "Mortgage changes may hit homeowners" »
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