The UK’s housing market slump will be worse then many people are predicting, according to the Liberal Democrat economic spokesperson Vince Cable. Mr Cable maintains that many of the current estimates relating to the prospects for the property sector are…
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Bad borrowing decisions can have effects that last for years and even decades, it has been suggested. According to Wendy van den Hende, chief executive of the Personal Finance Education Group, young people often make decision to borrow money that…
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Taking money out of an ATM while on holiday can prove to be an expensive way to access your own cash, it has been claimed. According to a report from MoneyExpert, cash withdrawals made outside the UK will cost Britons…
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A majority of prospective homebuyers in the UK fear that the slump in property prices will continue for two more years, according to a recent study. A poll carried out by FindaProperty.com discovered that most would-be buyers feel that property…
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An increasing number of British consumers are turning to so-called doorstep loans in an effort to alleviate their debt management problems, it has been claimed. Research carried out by Equifax on behalf of ITV News recently found that close to…
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A new report from National Savings & Investments (NS&I) has highlighted the extent to which British holidaymakers overspend while outside the country. Close to two-thirds of people spend more than they planned to on holiday and in one-quarter of cases…
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People looking to borrow money have been urged to assess their track record when it comes to paying back loans and credit card debt. Richard Brown, chief executive of moneynet.co.uk, is convinced that financial service firms base their lending decisions…
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The gross amounts being lent as home loans across the country took a further dip last month, according to the Council of Mortgage Lenders (CML). A total of £25.5 billion was borrowed as mortgage debt last month, which is almost…
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