Archive for December, 2007

Borrowers warned about unregulated lenders

Monday, December 17th, 2007 Posted in News | Comments Off

People struggling to cope with their borrowing commitments should ensure they steer clear of unregulated lenders, a debt expert has advised.It is believed that around 165,000 households in the UK ... Read more..

Borrowers advised to consider trackers

Monday, December 17th, 2007 Posted in News | Comments Off

The current financial climate makes tracker mortgages among the most attractive deals on the market, according to a personal finance expert.Although the Bank of England's monetary policy committee opted to ... Read more..

Prices ‘likely to climb in 2008′

Monday, December 17th, 2007 Posted in News | Comments Off

House prices are likely to start to climb again during 2008, but the gains will not match those seen during the past two years, a market expert has predicted.The latest ... Read more..

Asking price drop played down

Monday, December 17th, 2007 Posted in News | Comments Off

The substantial fall in the average asking price for residential property in the last month is not the start of a major downward trend, it was claimed today.A report by ... Read more..

People to get further into debt this Christmas

Friday, December 14th, 2007 Posted in News | Comments Off

People are expected to get further into debt this Christmas as the urge to spend takes over and prudence goes out the window.According to new research from Armstrong Watson 81 ... Read more..

Expert recommends tracker mortgages

Friday, December 14th, 2007 Posted in News | Comments Off

Mortgage expert Ray Boulger has recommended that homeowners opt for tracker mortgages as they "nearly always" offer better value than fixed rates.Mr Boulger, the senior technical manager of John Charcol, ... Read more..

Last-minute shoppers set to overspend

Friday, December 14th, 2007 Posted in News | Comments Off

Consumers who leave their Christmas shopping until the last minute are likely to exceed their festive budgets, according to new research from Egg.The credit card provider found that almost four ... Read more..

Calls made for more support to borrowers

Thursday, December 13th, 2007 Posted in News | Comments Off

Financial advisers are "best placed" to help homeowners in financial difficulties with their mortgages, according to an industry body. Director general of the Association Mortgage Intermediaries (AMI) Chris Cummings said ... Read more..

Rate cut could benefit borrowers on tracker mortgages, says broker

Thursday, December 13th, 2007 Posted in News | Comments Off

Lenders are splitting the difference when passing on interest rate cuts to customers, according to a mortgage broker. Katie Tucker from John Charcol said that tracker margins had been pushed ... Read more..

Consumers ‘in the mood to spend’

Thursday, December 13th, 2007 Posted in News | Comments Off

Shoppers want to spend money this Christmas more than any other time this year, research suggests. Legal & General's MoneyMood survey showed that the level of consumers in the mood ... Read more..