Fixed-rate mortgage deals are losing their appeal with British homeowners, according to the latest data from the Council of Mortgage Lenders (CML). The CML reports that October saw the fifth successive monthly fall in demand for fixed-rate mortgage deals, which…
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Getting a good mortgage deal should be a financial priority for homeowners around the UK, it has been claimed. Cammy Amaira, director of sales at the Intelligent Finance company, suggests that by searching for the most competitive home loan on…
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Many people in the UK are so desperate to get a foot on the housing ladder that they are willing to take on “absurd” levels of mortgage debt to do so, according to one expert. Mortgages have been a source…
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The Bank of England has indicated that there is likely to be less money being lent by financial service firms over the course of the next few months than has been the case in recent years. As millions of people…
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The UK’s housing market has begun a period of slowdown, according to the latest assessment of the Council of Mortgage Lenders (CML). In November, for the first time since July 2005, the gross amounts of money borrowed to buy property…
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The Citizens Advice bureaux (CAB) in Northampton has highlighted some of the financial woes being face by the hundreds of local people who approach its staff for debt advice. According to the bureaux’s own estimate, the 900 most recent indebted…
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Around ten per cent of British adults keep the details of their debt management circumstances hidden from their partners, according to recent research. Figures from Engage Mutual Assurance show that millions of men and women around the country are failing…
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Borrowers from across the UK could face an “extremely tough year” financially in 2008, it has been asserted. Paul Fletcher, director of the Repossessions Advice Centre, suggests that thousands of homeowners will be faced with serious debt management concerns when…
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