The economic climate has caused people to reconsider the way they handle their finances, an industry expert has said. According to Louise Bond, a personal finance adviser at uSwitch.com, people are increasingly making cutbacks to meet their outgoings due to…
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People in the UK are yet to pay off debts built up from taking holidays last year, new figures have suggested. A study by ICM Research and sponsored by GE Money Home Lending found that 1.98 million Brits are still…
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Debt management is one way for hard-up students to tackle the current economic climate, one expert has suggested. Current account director for Halifax Mike Regnier said that research undertaken by the organisation revealed that learners are spending more than £200…
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House prices remain too high for most first-time buyers, it has been suggested. PricedOut.org.uk spokesperson Katy John stated that the average property is still worth over five times the mean average income, making them too expensive for many. Her comments…
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The recession is not having much of an effect on family holidays due to how important a lot of people think it is to take time out from their busy lifestyles. This is the suggestion of executive director Kate Kenward…
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Those considering equity release should seek out independent advice beforehand, it has been suggested. Dean Mirfin, director of the Key Retirement Solutions group, claimed that his organisation always recommends this course of action as most plans are only available through…
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It is “inevitable” that the number of home repossessions will start to rise in the near future, one expert has suggested. UK Insolvency Helpline money advice coordinator Ian Boden-Smyth indicated that the low base rate is helping people to keep…
Mortgage providers appear to be making more of an effort to assist those in arrears, according to Citizens Advice. Sue Edwards, the organisation’s head of consumer policy, said this point is illustrated by the latest Council of Mortgage Lenders buy-to-let…
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