Interest rates will continue at low levels for a substantial length of time, according to one investment company. Threadneedle’s head of government bonds Quentin Fitzsimmons suggested that the low loans rates seen over the last few months could continue in…
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Those looking to sell their house have been forced to become more realistic about the price, it has been noted. Mike Bickerton, director at DTZ Residential, said that vendors have had to lower asking prices in order to “stand a…
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Britons tend to over-estimate the value of their homes, a survey has suggested, something that could lead to future debt management problems should they come to remortgage. Research carried out by Abbey Mortgages has shown that typical UK homeowners value…
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Homeowners who have been having difficulty with debt management have been encouraged to contact lenders. Discussing problems as early as possible with mortgage providers means that arrangements can probably be made, according to Al Elliot from the Homeowners Advice Centre.…
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Borrowers have been urged to seek debt advice if they fear they may struggle to repay mortgages and other loans. Louise Cuming, head of mortgages at moneysupermarket.com, explained that acting quickly is important if a consumer is to become debt…
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Citizens Advice, along with four other charities, has hailed a government announcement that the law is to be altered to offer more protection to tenants from the threat of repossession. It comes after the organisation, with backing from Shelter, Crisis…
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Many property owners who carry out home improvements fail to add any value to their houses, a report has revealed. A study by HSBC has shown that completing work such as decorating, adding new bathrooms or re-carpeting can often cost…
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The government has been called upon to take more action to help people get onto the property ladder. A new report from the Association of Mortgage Intermediaries (AMI) has outlined measures that the organisation feels can help stimulate the housing…
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