Those struggling with debt management and who are faced with potential repossession of their home may be buoyed by the fact that one industry expert believes the practice to be “a very good thing” for those with “huge negative equity”.…

Consumers will continue to face debt problems and the threat of repossession, according to an expert. Sarah Webb, chief executive of the Chartered Institute of Housing, was commenting after figures showed many people are still struggling with living costs and…

Britons may be pleased to hear that repossession rates in the UK are decreasing, with a 37 per cent drop in the final quarter of 2009 being seen, compared to the same time a year earlier. This is according to…

An increasing number of people are struggling with rental debts, it has been suggested. According to research from the Association of Residential Letting Agents (Arla), 55 per cent of the organisation’s members have witnessed a rise in those finding it…

Borrowers appear to be more attracted to tracker rates for mortgage loans, as research has revealed a 17 per cent increase in the take up of these compared to the last quarter. Figures from Legal & General have indicated that…

Consumer watchdog Which? has responded to the recently-outlined proposals by the Financial Services Authority (FSA) indicating that those in mortgage arrears will be treated more equitably by industry practitioners. Chief executive with the company Peter Vicary-Smith welcomed the move, saying…

Recently-published figures revealing a 20 per cent drop in the amount of money spent on mortgage repayments each month between 2008 and 2009 has prompted one industry expert to ask whether people should be saving this extra cash or settling…

Elderly people struggling with debt management issues may like to make use of a new equity release scheme being piloted by Just Retirement and the Joseph Rowntree Foundation. It is to be brought into the London districts of Maidstone, Islington,…