Archive for November, 2007

Less choice in sub-prime market

Friday, November 30th, 2007 Posted in News | Comments Off

The number of mortgage products available to people with a chequered credit history has dropped by 63 per cent in the past four months, it was claimed today.In the wake ... Read more..

Hips to ‘boost first-time buyers’

Friday, November 30th, 2007 Posted in News | Comments Off

The introduction of the home information pack (Hip) legislation to all properties will provide a genuine boost to first-time buyers, it was claimed today.From December 14th anyone selling a home ... Read more..

Debt repayments rising

Thursday, November 29th, 2007 Posted in News | Comments Off

The average British adult now spends 53 per cent of their take home pay on debt repayments, according to the findings of a new survey.Research commissioned by the price comparison ... Read more..

More evidence that prices are falling

Thursday, November 29th, 2007 Posted in News | Comments Off

Two new reports on the residential property market have provided further evidence that house prices are falling.Figures compiled by the Land Registry show the average price of a home in ... Read more..

Loans market ’shrinking’

Thursday, November 29th, 2007 Posted in News | Comments Off

The number of companies offering unsecured personal loans has fallen sharply in the past month, it emerged today.Figures published by personal finance website Moneyfacts.co.uk showed that ten per cent of ... Read more..

Discount mortgages ‘currently best value’

Wednesday, November 28th, 2007 Posted in News | Comments Off

Variable-rate discount mortgages are currently cheaper than short-term fixed-rate deals, according to a new report.Research carried out by online mortgage company mform found that although two-year fixed-rate deals have the ... Read more..

Bad credit mortgages ’still available’

Wednesday, November 28th, 2007 Posted in News | Comments Off

People seeking a poor credit mortgage were today warned that they could find prices have gone up significantly. Most lenders have reviewed their mortgage strategies in the wake of the ... Read more..

Missed repayments ‘could prove costly’

Wednesday, November 28th, 2007 Posted in News | Comments Off

Around 1.5 million borrowers are in danger of falling into the sub-prime category, according to a new report.Research conducted by consumer research group Mintel found that around nine per cent ... Read more..

House prices down in November

Tuesday, November 27th, 2007 Posted in News | Comments Off

House prices have continued to fall during November, according to a new property market report.Research by property consultancy Hometrack found that prices dropped by 0.2 per cent in the past ... Read more..

Bankruptcy ‘becoming more acceptable’

Tuesday, November 27th, 2007 Posted in News | Comments Off

Bankruptcy is likely to become socially acceptable as more people struggle with their finances, a debt expert has said.A recent study commissioned by debt counselling service Thomas Charles discovered that ... Read more..

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