Older people may struggle to pay their council tax this year, even if “modest” rises are put in place, it has been argued. Help the Aged and Age Concern have outlined their concerns over a three per cent rise in…

Property owners could be placing themselves at risk of incurring “huge costs” in the future, it has been suggested. Figures from Norwich Union have shown that 86 per cent of homes are “significantly underinsured”, something that may lead to people…

Mortgage lending from high street banks saw an improvement in February, newly-released statistics have shown. A report from the British Bankers’ Association (BBA) has revealed that during the month, the level of home loans given out rose by £3.9 billion.…

The threat of falling property prices may be putting people off buying a home, it has been claimed. Richard Bowser, the editor of Property Investor News, noted that the prospect of a decrease in the value of a house over…

Fixed-rate mortgages are rising in popularity, a newly-released survey has suggested. A report published by Legal & General as part of the Mortgage Purchase Index series has found that in the first quarter of 2009, 72 per cent of its…

Gross mortgage lending continued to fall last month, new figures have revealed. Data from the Council of Mortgage Lenders (CML) showed that lending declined to £9.9 billion in February – a 60 per cent drop compared to the same month…

Those thinking of buying a house in the current economic climate should act fast, it has been argued. According to Stuart Law, chief executive of property investment service Assetz, there are more mortgage deals available than many people realise. He…

January saw a further decline in the amount of mortgages approved, a new report has revealed. Figures from the Council of Mortgage Lenders have shown that during the first month of 2009, 23,400 home loans were borrowed, compared to 32,400…