Repossession can potentially be avoided by those experiencing debt problems if they inform their mortgage lenders, one independent specialist has suggested. Property expert Malcolm Harrison stated that people should not be afraid to ask their provider for help if they…

Buy-to-let property investors may find themselves getting into debt as the market tightens, a new survey suggests. Unbiased.co.uk, a consumer search service website, has released figures showing buyers could be struggling financially after the collapse in the market. Chief executive…

Remortgaging levels in the UK are low, despite the number of new home loans rising, new figures have shown. And there are several reasons why people may not be able take out a remortgage, according to one spokesperson. Sue Anderson,…

Borrowers are looking to secure a fixed-rate mortgage in an attempt to avoid future debt management issues, it has been suggested. Figures from Abbey Mortgages for May have shown that just 15 per cent of people would take out a…

The current shortage of high loan-to-value (LTV) mortgages available for first-time buyers (FTBs) will continue for some time, a spokesman for the Building Societies Association has suggested. Paul Broadhead, head of mortgage policy at the organisation, said that FTBs are…

It is still too early to predict a reversal of the house price decreases seen over the past year, the Royal Institution of Chartered Surveyors (Rics) has suggested. Simon Rubinsohn, chief economist at the organisation, said that a lack of…

Approximately 11 per cent of homeowners will have paid off their mortgages ahead of schedule within ten years as a result of current conditions in the marketplace. This is the suggestion of HSBC subsidiary First Direct, which revealed that the…