The extent of the mortgage debt situation in the UK has been indicated by Britannia Building Society’s latest interim results. In the first half of 2008, the society’s pre-tax profits were £50.5 million, down from £81.7 million last year. This…

People with debt management issues that could land them in mortgage arrears should receive more help from lenders, Citizens Advice has said. The comments follow research released by the Council of Mortgage Lenders (CML) last week showing the numbers of…

Consumers have been urged to take out insurance against potential expenses due to theft or pet emergencies. According to research released by Zurich Private Clients recently, one in ten owners of second homes do not have contents insurance and a…

There has been an increase in the number of British people enquiring about leaving the UK, but problems in selling property is slowing the mass move, HiFX has said. Enquiries about emigration have increased 30 per cent, according to the…

The average house price in the UK is now £177,351, according to Halifax’s House Price Index for July. A fall of 1.7 per cent was recorded – following drops of 1.9 per cent in June and 2.5 per cent in…

Homeowners thinking about finding a mortgage or remortgage deal should be aware of their “true cost”, Moneyfacts has said. While several lenders have cut their rates in recent weeks, the personal finance provider has said other lenders have not made…

The Financial Services Authority (FSA) has said mortgage lenders should do more to deal with individual customers fairly. People facing debt management issues or repossessions due to arrears are particularly emphasised in the review, as the number of people in…

Debtors in the UK should be aware that lenders may try to recover money by repossessing property and belongings, Credit Action has warned. In other countries, those unable to clear debt from loans or credit cards may face prison, but…