More older people will turn to equity release schemes as a way of funding care services in the home, it has been predicted. Alex Edmans, a business development manager at Saga Equity Release, said that such agreements can offer a…

The level of distressed homes coming onto the market will increase over the next quarter as owners struggle with debt management in the wake of the credit crunch, it has been predicted. Timothy Lambert, the sales and marketing manager for…

House prices will fall over the coming months within areas where there is an “oversupply” of properties, it has been predicted. DTZ Residential director Russell Taylor said that towns in which there are plenty of homes on the market will…

People who are considering agreeing to an equity release plan to free up money held in their homes have been urged to seek professional advice. Alex Edmans, a business development manager at Saga Equity Release, said that it is “imperative”…

House prices have fallen almost 18 per cent over the course of a year, newly released figures have shown. The Halifax House Price Index for this February revealed that values declined by 17.7 per cent compared to the same period…

Homeowners that are struggling to pay their mortgage have been urged to seek debt advice in order to stave off the threat of repossession. A spokesperson for homeless charity Shelter advised people not to ignore problems and get help as…

Ministers must adhere to home building targets and continue to offer debt help to those facing repossession, a new report has argued. However, the publication – entitled Housing and the Credit Crunch – raised concerns about how much money the…

Alliance & Leicester has unveiled lower rates on a range of its fixed-rate mortgages, something that could assist homeowners with debt management. People can borrow up to 85 per cent of a property’s value under the new deals, with “market-leading”…