Archive for September, 2007

House prices static for a second month

Sunday, September 30th, 2007 Posted in News | Comments Off

House prices have remained unchanged for the past two months, according to figures published today.A report by property intelligence provider Hometrack revealed that the residential housing market continued to stagnate ... Read more..

‘Extra risk with interest-only deals’

Sunday, September 30th, 2007 Posted in News | Comments Off

Prospective homebuyers need to think carefully about the different risks associated with an interest-only mortgage before deciding to take one out, it was suggested today.Monthly payments against an interest-only mortgage ... Read more..

Slowdown ‘won’t lead to price drops’

Thursday, September 27th, 2007 Posted in News | Comments Off

The slowdown in housing market activity is unlikely to lead to a widespread drop in prices, according to a residential property expert.Figures published by Nationwide earlier in the week showed ... Read more..

Shared appreciation ‘can help first-timers’

Thursday, September 27th, 2007 Posted in News | Comments Off

Prospective first-time buyers struggling to afford a home may find that a shared appreciation mortgage can help, according to an independent financial adviser.Unlike a traditional mortgage, the product sees a ... Read more..

‘Competition helped drive debt’

Thursday, September 27th, 2007 Posted in News | Comments Off

The competitive nature of the financial services industry is partly responsible for the rise in consumer debt in recent years, according to a market expert.Nick O'Reilly, the vice president of ... Read more..

Property price increases slowing

Wednesday, September 26th, 2007 Posted in News | Comments Off

The rate of house price inflation has slowed to its lowest level since July 2006, according to figures published today.Research by Nationwide found that prices increased by 0.7 per cent ... Read more..

Adverse credit mortgages ’still available’

Wednesday, September 26th, 2007 Posted in News | Comments Off

There is no reason why someone with an adverse credit record should not be able to obtain a mortgage in the current market, according to an independent financial adviser.Some British ... Read more..

Fixed-rate deals remain popular

Wednesday, September 26th, 2007 Posted in News | Comments Off

Fixed-rate mortgages remain a firm favourite with homeowners, the results of a new poll have suggested.In recent months a number of experts have advised borrowers that trackers represent better value ... Read more..

Debt ‘acceptable to young adults’

Wednesday, September 26th, 2007 Posted in News | Comments Off

People who borrowed large amounts of money to fund their education no longer think there is a stigma attached to debt, it was suggested today.The claim was made by James ... Read more..

Creditors are ‘often sympathetic’

Tuesday, September 25th, 2007 Posted in News | Comments Off

Borrowers who attempt to address their financial problems by entering into an informal debt management plan often owe more than a year's salary, according to figures published yesterday.Statistics compiled by ... Read more..

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