The costs associated with renting property in the UK have been rising at their fastest rate on record in recent months, according to a new report. A study by Paragon has found that the cost of renting increased by as…
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The recession that many experts believe is in the making in the US is the result of millions of consumer taking on more personal debt than they can cope with, according to one expert. Neil Smyth from the Taylor Wessing…
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Levels of mortgage lending around the UK have been weakened in recent months, the British Bankers’ Association (BBA) has made clear. According to data complied by the organisaiton, the various pressures on household finances that have been increasing in recent…
The pressures of dealing with a heavy debt management burden can lead to a vicious cycle of unwelcome problems, it has been suggested. A spokesperson for a Citizens Advice bureaux (CAB) in East Cambridgeshire has indicated their concern that debt…
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Consumers in the UK need to become more selfish if they are to shield themselves from the potential economic fallout expected by many observers over the course of this year, it has been claimed. David Kuo, head of personal finance…
Changes to the system of credit filing to be introduced later this year will have damaging effects for many would-be first-time buyers (FTBs) in the UK, it has been claimed. According to the online mortgage firm mform.co.uk, the planned inclusion…
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Mortgage providers should treat their customers fairly in line with the industry guidelines introduced by the Financial Services Authority (FSA), according to one expert. Peter O’Donovan, mortgage manager for Bestinvest, is convinced of the importance of the FSA’s treating customers…
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Indebted British consumers have been warned that they could be obliged to pay unnecessary and substantial fees to subprime mortgage advisers. Mortgage advisory firm John Charcol insists that there are significant discrepancies in the amount of money charged by experts…
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