The Association of Mortgage Intermediaries (AMI) has pledged to help British homeowners who find themselves struggling to meet their home loan repayment demands over the coming months. AMI bosses have explained that if mortgage-related debt management becomes impossible for families…
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The Council of Mortgage Lenders (CML) has told the leaders of the Conservative Party that public policy should be focussed more directly on helping homeowners who are struggling to meet their debt management commitments. Income support for mortgage interest was…
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The Bank of England has announced its decision to cut the base rate of interest in the UK by a quarter of one per cent. It is thought that the reduction in the base rate could have a positive impact…
There is likely to be a sharp increase in property repossessions in the UK next year, according to Ray Boulger, senior technical manager at the mortgage advisor John Charcol. Mr Boulger suggests that homeowners who have borrowed under the terms…
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Economic experts from a variety of organisations have predicted that the base rate of interest will remain at 5.75 per cent until early 2008. The Bank of England’s monetary policy committee is to meet on Thursday (December 6th) to decide…
The costs associated with household bills could be set to increase dramatically in the early part of next year, according to a number of energy sector analysts. Experts from the SimplySwitch company suggest that gas bills could rise by around…
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The majority of British homeowners expect to face increased mortgage repayment demands when their current home loan deal expires, according to recent research. In fact, figures compiled by Lloyds TSB suggest that more than 70 per cent of homeowners in…
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The outlook for the UK’s economy has been described as “highly uncertain” by the governor of the Bank of England Mervyn King. Speaking at a recent Treasury select committee, Mr King suggested that a range of factors, including rising food…
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