The scale of lending volumes within the UK’s housing sector will continue to fall, according to the Council of Mortgage Lenders (CML). In response to the Bank of England’s latest figures on consumer borrowing, the CML suggested that activity will…
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Consumer confidence has hit a new 15-year low as debt management issues spiral out of control for many thousands of families. According to the latest data from GfK NOP, the state of the economy and the lack of money in…
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The scale of lending by financial service firms in the UK increased at a slower rate during March than the previous month, according to the latest data. Figures from the Bank of England show that there was an extra £8.2…
The housing ladder currently appears to be out of reach for millions of would-be homeowners around the UK, according one expert. Sean Gardner from price comparison firm MoneyExpert has made clear that lenders are pricing a large number of people…
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The rate of repossessions around the UK is set to see a sharp rise over the course of this year, recent research has suggested. A study carried out by the Centre for Economics and Business Research (Cebr), the number of…
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The government should avoid interfering in the UK’s housing market, one expert has asserted. David Kuo, head of personal finance at comparison firm Fool.co.uk, maintains that the market needs to be left alone in order for it to find a…
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Many thousands of parents living in the UK are using money given to them by their grown-up children to repay their own debts, according to a new study. Figures compiled on behalf of Scottish Widows have shown that almost £11…
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Financial issues play a major role in the success or failure of many relationships in 21st century Britain, according to one expert analyst. Corinne Sweet, who has written extensively on how money impacts on relationships, is convinced that finances are…
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