Archive for May, 2008

Consumers should alert mortgage lenders of ‘debt woes’

Thursday, May 29th, 2008 Posted in News | Comments Off

Homeowners who are struggling financially should ensure that they alert their mortgage lender before missing a payment, one expert has advised.According to Bernard Clarke, spokesperson for the Council of Mortgage ... Read more..

No change predicted for June interest rate decision

Thursday, May 29th, 2008 Posted in News | Comments Off

As the June interest rate meeting by the Bank of England's monetary policy committee (MPC) draws near, a poll of economists and financial institutions has revealed that a hold will ... Read more..

Property market forecast to ‘recover’ in 15 years

Thursday, May 29th, 2008 Posted in News | Comments Off

It may take longer than expected for the property market to recover from its current uncertainty, one expert has predicted.According to Paul Holmes, chief executive of Firstrung, the housing sector ... Read more..

Property market is ‘favouring buyers’

Wednesday, May 28th, 2008 Posted in News | Comments Off

The property market has swung into the favour of buyers, an expert has stated.According to Paul Holmes, the chief executive of Firstrung, the UK is taking a long time to ... Read more..

Possessions and arrears ‘will increase’

Wednesday, May 28th, 2008 Posted in News | Comments Off

The number of house possessions and arrears are set to increase this year, although the reality of the situation may not be as bad as some predictions suggest, the Council ... Read more..

House price falls continue

Wednesday, May 28th, 2008 Posted in News | Comments Off

The trend of continuing house price falls has not faltered in the last month, new figures have revealed.In its latest house price survey Nationwide has discovered that values are 4.4 ... Read more..

Saturday is the ‘most expensive’ day of the week

Tuesday, May 27th, 2008 Posted in News | Comments Off

Consumers spend on average nearly £175 on Saturdays, a new survey has revealed.According to research from the Co-operative Bank Credit Cards, the total expenditure for a lifetime of Saturday purchases ... Read more..

Consumers believe ‘disposable cash will dwindle’

Tuesday, May 27th, 2008 Posted in News | Comments Off

Just over a third (34 per cent) of Britons have stated in a new poll that they will have less disposable cash in the future.Conducted by Alliance & Leicester Current ... Read more..

First-time buyers see ‘no improvement’ in housing market

Tuesday, May 27th, 2008 Posted in News | Comments Off

The changing property market has not improved the fortunes of first-time buyers, it has been suggested.According to the chief executive of Firstrung, Paul Holmes, the market will have to alter ... Read more..

Remortgaging activity grows

Tuesday, May 27th, 2008 Posted in News | Comments Off

The number of remortgage deals being agreed between consumers and lenders has increased recently, a new survey has revealed.Research from the Intermediary Mortgages Lenders Association (IMLA) has shown that 49 ... Read more..

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