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…
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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The Association of British Credit Unions (Abcul) has warned UK consumers that they should plan ahead to avoid the increasingly common new year debt management hangover. According to the organisation, setting aside small proportions of a monthly income earlier in…
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With millions of people around the country struggling to become debt free, Sainsbury’s Bank has predicted that this month will see record amounts of money drawn from ATMs nationwide. The financial services firm estimates that over the course of December…
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British consumer who decide to do their Christmas shopping in the week before the big day are prone to overspending, it has been suggested. Donald MacLeod from Sainsbury’s Bank has made clear that shopping at the last minute often entails…
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Credit card users in the UK need to seek out the best deals available to them before entering into a particular lending agreement, one expert has asserted. Robin Amlot, senior editor at the Money Extra financial news firm, insists that…
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