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UK Debt Exceeds GDP [28.08.07]
New research suggests that a record number of households in Britain are facing serious debt repayment problems. Indeed, Britons owe more money than the economy can generate in a year.



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Northern Rock Personal Loans

US credit crunch starts to take effect on UK sub-prime market [27.08.07]

The recent credit crunch in the sub-prime mortgage market in the United States has dominated the financial news over the past week or two

Debt may rocket by end of year in UK [27.08.07]
According to a government report that was released earlier this month debt levels in the UK are set to soar by the end of this year, with current figures and debt levels reflecting the debt problems that continue to rise in the UK.

London House Prices Slip [24.08.07]
London house prices have shown signs of slipping for the first time this year. Asking prices in the capital are often seen as the engine of the property market across the country.

Mortgage Exit Fees To Be Refunded [24.08.07]
It has emerged that homeowners could be entitled to refunds which might total £2bn for mortgage exit fees which have been unfairly charged by lenders.

Unanimous vote to keep interest rates on hold [22.08.07]
According to the minutes recently released from the August Monetary Policy Committee meeting the decision to keep interest rates on hold earlier this month was a unanimous one

 

Home Repossessions On The Increase [09.08.07]
An average off 77 properties a day were repossessed in the UK in the first half of the year – an increase of nearly a third, and it takes the rate to its highest level for eight years.




Adverse Credit Mortgages Overview [10.08.07]
Poor credit history arises from such problems as defaults, mortgage arrears, bankrupt, county court judgements (CCJs). People in these situations will probably need an adverse credit mortgage.



Buy-to-let Considerations [07.08.07]
Buy-To-Let investments have become really popular in Britain in recent years. As interest rates on savings have fallen, and as pension funds have been raided and endowments have dwindled, Brits have turned to property to make money


HIPs: Not Enough Work For Inspectors [15.08.07]
Home Information Packs (HIPs) have been in place for less than two weeks and they’re under fire once again. HIPs were introduced on 1 August for properties with four bedrooms or more, but most of the inspectors have yet to complete a single job



 

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