Archive for September, 2007

Consumers ‘planning to ditch cards’

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

Millions of consumers are planning to ditch some of their credit cards in the near future, the findings of a new survey suggest.A poll commissioned by Abbey discovered that 23 ... Read more..

Buy-to-let ‘not right for short-term investors’

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

People entering the buy-to-let market were today advised that they will face a wait before they can make sizeable gains.Increased demand for rented accommodation and capital appreciation resulting from rising ... Read more..

Fixed-rates ’set to fall’

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

The cost of fixed-rate mortgages is likely to fall still further over the next few months, a market expert predicted today.Nationwide recently advised the 250,000 borrowers with two-year fixed-rate deals ... Read more..

‘Market research key to DIY profits’

Monday, September 24th, 2007 Posted in News | Comments Off

Carrying out a major home improvement project well can increase the value of a property, but only if the owner does their homework first, according to a market expert.Rising house ... Read more..

Debt consolidation loans ‘now commonplace’

Monday, September 24th, 2007 Posted in News | Comments Off

Debt consolidation has become commonplace as people take a greater interest in their finances, it was claimed today.Figures from Sainsbury's Bank show that restructuring existing debts is now the most ... Read more..

Hip evaders ‘risk missing buyers’

Monday, September 24th, 2007 Posted in News | Comments Off

People attempting to sidestep home information pack legislation (Hip) were today warned they may find it more difficult to sell their property.Those selling homes with three or more bedrooms now ... Read more..

Borrowers ‘behaving more cautiously’

Monday, September 24th, 2007 Posted in News | Comments Off

Britons are beginning to take a more responsible approach to borrowing money, a new report has indicated.Statistics compiled by Unbiased.co.uk, a website promoting the work of independent financial advisers, revealed ... Read more..

100% plus mortgages ‘useful for young professionals’

Sunday, September 23rd, 2007 Posted in News | Comments Off

Young professionals in a hurry to purchase a first house can find that 100 per cent plus mortgages are a useful product, according to an independent financial adviser.A number of ... Read more..

Joint mortgages ‘need careful planning’

Sunday, September 23rd, 2007 Posted in News | Comments Off

Joint mortgages can seem like a good idea but they are hard to arrange well, according to an industry body.While joint mortgages between married couples and partners have long been ... Read more..

Mortgage rates ’starting to fall’

Sunday, September 23rd, 2007 Posted in News | Comments Off

Interest rates on many mortgage products are starting to fall, a market expert has claimed.James Cotton of mortgage broker London & Country told the Observer that borrowers need not worry ... Read more..