An average British consumer has an unsecured debt management burden worth close to £4,900, according to the latest figures compiled by Credit Action. Borrowings secured through retail or motor finance deals, bank account overdrafts, credit cards or unsecured personal loans…
Continue reading the "Average Brit ‘has £4,900 in unsecured debt’" »
The downward pressures on house prices in the UK remain strong as affordability constraints continue to concerns households around the country, it has been claimed. Howard Archer from analysts firm Global Insight is convinced that potential house buyers are finding…
Continue reading the "Downward house price pressures remain" »
July could be a painful month for thousands of homeowners around the country as their fixed-rate mortgage deal comes to an end, it has been claimed. According to Moneysupermarket.com, mortgage deals worth close to £30 billion will expire over the…
Continue reading the "July ‘could be painful’ as mortgage deals end" »
There have been calls for the leading high street banks in the UK to treat their mortgage customers fairly. According to Fool.co.uk, the current economic climate means that banks can and in some cases are offering mortgage deals that are…
Continue reading the "Calls for banks to treat borrowers fairly" »
There has been something of a boom in home renovations as an increasing number of people look to improve their own property rather than buy a new one, according to a report from LV=. Around 57 per cent of people…
Continue reading the "Renovation ‘boom’ as Brits look to stay put" »
There is no end in sight for the ongoing downturn in the UK’s housing sector, according to the majority of people quizzed by YouGov recently. Close to three-quarters of the British consumers questioned said that they expect to see the…
Continue reading the "‘No end in sight for housing slump’" »
Chancellor Alistair Darling has called for an end to what he has described as “rip-off” fees being charged by mortgage providers in the UK. Speaking to the Liverpool Daily Post recently, Mr Darling expressed concern that homeowners who are already…
Continue reading the "Darling calls for an end to “rip-off” mortgage fees" »
The housing market in the UK is effectively “being throttled” as an increasing number of families struggle to cope with their debt management problems. Such is the claim of Howard Archer, chief UK and European economist for Global Insight, who…
Continue reading the "Housing market is “being throttled”" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
