Archive for December, 2007

Borrowers in arrears urged to take action

Thursday, December 20th, 2007 Posted in News | Comments Off

Homeowners who fall behind with their mortgage payments should take positive action to address their problems at the earliest possible opportunity, according to a repossessions specialist.The Council of Mortgage Lenders ... Read more..

Growth in rental demand ‘unlikely’

Thursday, December 20th, 2007 Posted in News | Comments Off

The rental sector is unlikely to see major growth next year despite the problems in the mortgage market, according to a property expert.Uncertainty in the global credit market has resulted ... Read more..

‘Waiting could make mortgage decision simpler’

Thursday, December 20th, 2007 Posted in News | Comments Off

Borrowers seeking a variable-rate mortgage may find it is wise to wait several weeks before attempting to identify the best deals available to them, it was suggested today.The advice came ... Read more..

Credit card borrowers urged to shop around

Wednesday, December 19th, 2007 Posted in News | Comments Off

Consumers who fail to do their research before finalising their choice of credit card are almost certainly wasting money, according to a personal finance expert.There are currently a huge range ... Read more..

‘Tough conditions ahead’ for borrowers

Wednesday, December 19th, 2007 Posted in News | Comments Off

Many Britons will find it tough to manage their money next year, a personal finance expert has warned.The suggestion was made by Susan Hannums of independent financial adviser AWD Chase ... Read more..

Mortgages ’still available’ to graduates

Wednesday, December 19th, 2007 Posted in News | Comments Off

Graduates and young professionals should find there are still plenty of mortgage options open to them, according to a property market expert.The fallout from the credit crunch has prompted many ... Read more..

Conditions improving for first timers

Wednesday, December 19th, 2007 Posted in News | Comments Off

First-time buyers are likely to benefit from the slow property market during 2008, a mortgage expert predicted today.Ray Boulger, senior technical manager at mortgage broker John Charcol, expects next year ... Read more..

Buy-to-let investors still optimistic

Tuesday, December 18th, 2007 Posted in News | Comments Off

More than 70 per cent of buy-to-let landlords expect their investments to perform well during 2008, the results of a new survey have revealed.The buy-to-let market has been badly affected ... Read more..

Consumers warned about family loans

Tuesday, December 18th, 2007 Posted in News | Comments Off

Lending money to friends and family can lead to debt problems, a personal finance expert has warned.Recent research by YouGov found the value of loans between family and friends is ... Read more..

Borrowers ‘need to consider fees’

Tuesday, December 18th, 2007 Posted in News | Comments Off

People planning to remortgage were today advised to include the cost of exit fees in their calculations as they attempt to identify the best deal available to them.The recommendation came ... Read more..