Archive for August, 2007

Family loans can ‘lead to problems’

Thursday, August 30th, 2007 Posted in News | Comments Off

Trying to help family members and friends with their financial problems by lending them money can end up making things worse, it was suggested today. The claim came from Stephen Rose ... Read more..

Borrowers urged to plan for a rate rise

Thursday, August 30th, 2007 Posted in News | Comments Off

Borrowers were today advised to start preparing for a further interest rate rise before the end of the year.The Bank of England's monetary policy committee (MPC) has implemented a succession ... Read more..

‘Time could be right for first-time buyers’

Wednesday, August 29th, 2007 Posted in News | Comments Off

The coming months could provide young adults with a good opportunity to get on to the property ladder, it was suggested today.A report published by the Land Registry yesterday showed ... Read more..

Buyers are ‘armed with research’

Wednesday, August 29th, 2007 Posted in News | Comments Off

Prospective buyers do far more research into their house purchase than they are given credit for, according to a property industry body.The findings of a recent poll by ING Direct ... Read more..

Remortgaging ‘can help with debts’

Tuesday, August 28th, 2007 Posted in News | Comments Off

Remortgaging can be a useful method of financing home improvement projects and paying off debts, according to an industry body.The practice of remortgaging is becoming increasingly common and figures recently ... Read more..

Bankruptcy is a ‘last resort’

Tuesday, August 28th, 2007 Posted in News | Comments Off

People struggling to repay debts should only consider bankruptcy as a last resort, a money education charity said today.Figures released by the Insolvency Service showed that there were more than ... Read more..

Remortgaging becoming more popular

Monday, August 27th, 2007 Posted in News | Comments Off

An increase in the number of people remortgaging helped to ensure bank lending figures remained healthy during July.Figures published by the British Bankers' Association (BBA) showed that gross mortgage lending ... Read more..

Parental help ‘key for first-time buyers’

Monday, August 27th, 2007 Posted in News | Comments Off

Parents are giving increasingly large amounts of money to their children in order to help them buy a first home, according to the findings of a new survey.Research conducted by ... Read more..

Motorists advised to shop around

Monday, August 27th, 2007 Posted in News | Comments Off

Motorists intending to buy a new car in the near future were today advised to ensure they identify the best way of financing their purchase before heading to the showroom.A ... Read more..

IVA’s becoming ‘tougher to arrange’

Thursday, August 23rd, 2007 Posted in News | Comments Off

People struggling with debt could soon find it harder to arrange an Individual Voluntary Agreement (IVA), it was suggested today.An IVA is a formal agreement with creditors that allows the ... Read more..

« Previous Entries