The boom in the price of properties across the UK has been a disaster for many thousands of people not yet on the housing ladder, it has been claimed. According to Paul Holmes, chief executive Firstrung, the dramatic increase in…
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More people are turning to the buy-to-let market if they struggle to sell their property, according to the Royal Institution of Chartered Surveyors (Rics). Statistics from the organisation show a rise in new landlord instructions for the first three months…
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People looking to take out a mortgage have been advised to get professional advice before taking on the debt. The Association of Mortgage Intermediaries (AMI) claims that mortgage borrowers will be able to benefit from intermediaries’ ability to identify the…
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More cooperation between the government, banking groups and debt advice providers is required if the UK’s struggling homeowners are to be helped effectively, it has been claimed. The Money Advice Trust is keen to see organisations across the country work…
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A new report has highlighted the extent to which British pensioners are struggling to clear their credit card debts. Figures from Engage Mutual Assurance have shown that more than one in ten pensioners around the country have outstanding credit card…
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The scale of mortgage landing activity across Britain was reduced during March of this year, according to the latest data. Figures from the Council of Mortgage Lenders (CML) have shown that the number of Britons taking on a home loan…
The Office of Fair Trading (OFT) has revealed its intention to assess the fairness of the so-called sale and rent-back market in the UK. With debt management problems worsening for many homeowners, the OFT expects to see a rise in…
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Families are in the most severe danger of having their home repossessed over the course of this year, one expert has asserted. According to Paul Holmes, operations director of first-time buyer solutions firm Firstrung, many families have recently upgraded their…
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