UK consumers should avoid funding property purchases through unsecured debt, one expert has asserted. Peter Beckett, business development director with iammoving.com, has described using credit card debt or personal loans to raise a housing deposit as a “very dangerous thing…
Continue reading the "Property purchases ‘should not be funded through unsecured debt’" »
Estate agents around the country are closing their doors as millions of consumers struggle to maintain control of their debt management problems, it has been suggested. Figures compiled by financial data provider debtwire have shown that there are now almost…
Continue reading the "Estate agents ‘shutting up shop’ as debt woes worsen" »
The rate of borrowing and the average cost of houses in the UK will continue to fall in weeks and months to come, one expert has asserted. Vicky Redwood from Capital Economics is convinced that fewer people will be able…
Continue reading the "Borrowing and house prices ‘will keep falling’" »
A cut in the base rate of interest does not appear to be on the cards for later this month, according to one expert. Howard Archer, chief UK economist at Global Insight, is convinced that homeowners and consumers with debt…
The scale of the UK’s personal debt management burden has increased by close to £113 billion over the course of the past year, according to the latest figures. Data collected by the Credit Action charity has revealed that individuals around…
Continue reading the "UK’s personal debt ‘up £113bn in a year’" »
The typical house price in the UK is now lower than it was a year ago, according to data from the Nationwide Building Society. Following what the financial services firm has described as a “difficult month for the housing market”…
Continue reading the "House prices ‘lower than last year’" »
Anyone looking to borrow money in the UK is effectively fighting their fellow consumers for a share in what has become a “scarce resource”, according to one expert. David Kuo, head of personal finance at Fool.co.uk, has asserted that while…
Continue reading the "Borrowers ‘fighting for scares resources’" »
Selling a property is becoming increasingly difficult for people around the UK, according to recent research from Quickmovenow.com. The web-based home purchase company estimates that half of all property buys around the country are now falling through and this could…
Continue reading the "Selling a property ‘getting much more difficult’" »
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.
