Those considering taking out homeowner loans may be buoyed by the news that mortgages are becoming more affordable. This is according to the latest survey from Woolwich, the mortgage arm of Barclays, which found that the average monthly payment is…
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The suggestions set forth by the Financial Services Authority (FSA) to better protect those with mortgage arrears have been described as “very reasonable” by an industry expert. According to Ray Boulger, senior technical manager at John Charcol, the proposals from…
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The Financial Services Authority (FSA) has announced that a strengthened set of measures to help those with mortgage-related debt is to be implemented, meaning that advisers will be accountable to the body. Under the plans, it will be made clear…
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Britons are likely to see mortgages become more affordable as the country comes out of recession, an expert has noted. Timothy Lambert, head of consulting at Ducalian, explained that that rising interest rates will cause problems for many households in…
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The government has been urged to rethink its policy regarding fuel poverty, as research has revealed that an increasing number of people in such situations died last year as a result. This is according to the Institute for Public Policy…
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The growing trend for people in the UK to make mortgage repayments on credit cards has been described as “frankly terrifying” by the co-owner of an advisory service. Chris Jenkins of the Homeowners Advice Centre made this observation following recently…
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Britons are having to cut back on heating their homes during the continued cold snap so they can afford to pay their debts. This is according to new research from Shelter, which found that 27 per cent – or 11.3…
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UK adults currently going through divorce proceedings may be being forced to live with their soon-to-be former partners for fear of falling into debt as moving out proves unaffordable. Research conducted by Shelter found that almost 25 per cent of…
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