The government should be doing more to help both savers and borrowers, particularly those who have been worst affected by the economic downturn and low interest rates. This is according to the Building Societies Association’s (BSA’s) director general Adrian Coles,…

Those considering taking out a mortgage have been advised to ensure they fully understand the offers and costs involved in applying for such loans. Managing director of Firstrungnow Helen Adams noted that it can be difficult for potential borrowers to…

Mortgage borrowers in the UK are to be better protected under new Treasury proposals that will see the Financial Services Authority (FSA) regulating third-party sales of mortgages. A consultation document is to be published by the government, to close on…

A new best-buy mortgage deal has been launched by Abbey at 3.69 per cent, suggesting that debtors may benefit from these lower rates. The two-year fixed tariff is available with a £799 fee for purchase, while remortgaging can be agreed…

The use of mortgages for consolidation of unsecured, short-term debt has been derided as “rarely a good idea” by a financial website. According to Money.co.uk, by doing this debtors risk putting their homes in jeopardy if repayments on the mortgage…

The amount of council tax charged to UK residents has doubled since Labour came to power in 1997, which may have had a hand in the debt management problems of many in the country. According to the Daily Mail, the…

A number of first-time buyers are struggling to get onto the property ladder as they are finding it hard to amass deposits. This is according to Helen Adams, managing director of FirstRungNow, who observed that, although the rise in mortgage…

Middle Britain homeowners may find themselves more susceptible to falling further into debt if plans for rises in council and capital gains taxes come to fruition. These increases are currently being pushed forward by Labour’s deputy leader Harriet Harman, This…