The Financial Services Authority (FSA) should do more to help those in debt with their mortgages, according to one expert. Principal policy adviser at consumer body Which? Dominic Lindley stated that by withholding the names of mortgage providers who are…
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An expected increase in the number of people defaulting on loan payments should not be considered startling, according to one expert. Victoria Barnard, policy adviser at the Building Societies Association, stated that the decline in people being evicted from their…
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Recent reports that the UK’s property sector might be in the process of recovery may be a little premature, one specialist has suggested. Mortgage expert at comparison site Moneyextra.com Richard Mason said that many people may have been overly optimistic…
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People with mortgages are beginning to get anxious about the possibility of future interest rate changes, one expert has suggested. Spokesperson for comparison site Moneyfacts Michelle Slade said this concern had resulted in a number of people seeking fixed-rate mortgages.…
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House prices are beginning to stabilise, however there are still a number of risks on the horizon for those looking to purchase or sell a property, one expert has suggested. Chief economist at Nationwide Martin Gahbauer noted that while new…
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Recent mortgage figures reveal that while the market has steadied over the last few months it remains depressed, according to one expert. Director general of the Building Societies Association Adrian Coles said that although the economic situation seems to be…
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Recent research suggesting that the high-end property market is stagnating due to stringent lending on the part of mortgage providers has been dismissed by one specialist. Jeremy Way, director at estate agents Hirch Way & Ambler, said that expensive residences…
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People need to be fully prepared before they purchase a house in the current economic climate, one expert has suggested. According to head of consulting at property investment consultancy Ducalian Timothy Lambert, prospective buyers should be willing to “do their…
Continue reading the "Avoiding negative equity ‘needs planning’" »