An expert has suggested the credit crunch has pushed divorce rates down as people fear facing mortgage arrears and debt management problems alone. Consilium Financial Planning said while remortgaging was a financial option for couples going through a divorce prior…
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The government’s scheme to help people get onto the property ladder may benefit some first-time buyers, an expert has said. The Rent to Home Buy scheme announced recently by the government would allow certain households with an income of less…
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Homeowners worried about facing debt management problems due to negative equity may be interested in new research indicating house prices may increase 25 per cent by 2013. According to the National Housing Federation’s (NHF) Home Truths 2008 report the property…
The National Landlords Association (NLA) has said landlords are risking getting into arrears by not carrying out tenant reference checks. Over a period of six months, up to £6,000 could be accrued if a tenant does not pay rent, leaving…
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The future for the UK economy looks distinctly “uncomfortable”, according to the assessment of Sir John Gieve, the deputy chairman of the Bank of England. Speaking at the London Stock Exchange recently, Sir John suggested that inflation levels will continue…
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The costs of gaining some measure of financial security by taking on a fixed-rate mortgage deal are becoming excessive, according to one expert. Francis Ghiloni from mform maintains that the fixed-rate deals currently are the market are being offered at…
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The Consumer Credit Counselling Service (CCCS) has outlined what it sees as the biggest problems facing indebted Britons. Many thousands of people have committed themselves to mortgage deals that see them hand over large chunks of their monthly earnings and…
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The takeover of Alliance & Leicester by the Santander banking group could ultimately lead to a reduction in choice for British borrowers, it has been claimed. According to Pauline McCallion, editor of Your Mortgage, the acquisition deal is likely to…
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