08/08/2017 - 16:30

The latest study has revealed that microfinance, unlike other sectors of the UK economy, have miraculously escaped the negative consequences of the recession.

08/07/2017 - 12:48

The latest study has revealed that customers are not informing lending institutions about changes in their current financial circumstances.

08/04/2017 - 12:22

In August UK lenders launched more than 1,500 mortgage deals.

08/03/2017 - 11:43

Relatively few young people in the UK achieve the dream of higher education without student loans.

08/02/2017 - 12:35

Low loan to value ratios has been one of the major factors responsible for the slowdown of the housing market over the past few years, in particular for the first-time buyers.

08/01/2017 - 14:00

Iit is better to use savings to make ends meet than to obtain loans at excessive interest rates.

07/31/2017 - 11:14

According to the National Housing Federation, families living the low-income lives are likely to be denied access to the market.

07/28/2017 - 10:28

A growing number of people are buying houses with the help of interest-only mortgages.

07/27/2017 - 11:04

It has been reported by Consumer Credit Counseling Service (CCCS) that there was an increase in the number of phone calls they received from bereaved people whose major concern was their ability to repay loans after the death of a loved one.

07/26/2017 - 15:16

Consumers find it increasingly more difficult to obtain loans they need because of stricter lending criteria established by traditional loan providers.

07/25/2017 - 16:17

Mortgage brokers report that affluent borrowers are increasingly taking out bridging loans to purchase new homes.

07/24/2017 - 17:13

Since there can be no doubt that the Bank of England’s (BoE) base rate will rise at some point in the future,  PricewaterhouseCoopers (PwC) has made an attempt to find out how much UK homeowners will have to pay if average mortgage interest rates returned to the levels of 2008.

07/21/2017 - 13:14

Many UK citizens feel the enormous financial pressure due to the recession.

07/20/2017 - 12:49

It has been revealed by the Council of Mortgage lenders that there was a drop in repossessions

07/19/2017 - 13:51

While an increasing number of small businesses in UK are suffering the consequences of the economic decline there are heated debates over the role of UK banks.

07/15/2017 - 11:40

More than 10,000,000 UK citizens have plans to plunge into debt to pay for that so-longed-for summer holidays.

07/14/2017 - 15:09

Paragon Group has informed that more tenants were looking for property for rent during the second quarter of 2010.

07/13/2017 - 17:17

As the UK mortgage market gets prepared for radical changes that are about to come into force there are worries about the self-employed people who will probably be denied access to mortgages in the nearest future.

07/12/2017 - 12:33

Although some loan providers have been forced to leave the market and the recent years haven’t seen a great number of new deals, the equity release loan market is flourishing, with an increasing number of retired UK citizens obtaining such loans.

07/11/2017 - 15:26

According to the recent figures, Charity Bank and Triodos Bank, the loan providers of ethical organizations and charities, are doing fine and have good chances of a record year of lending.


The cultural transformations that have made people accept life in debt have had a direct impact on the approach youngsters take to money matters, which could lead to negative consequences in the long run as many of the next generation would resort to IVAs to cope with serious financial issues.

When we put efforts into our work and get paid for this, we get an amazing feeling of satisfaction. Our hard hard work seems to have been remunerated financially. We go shopping and buy the items we need and the items we simply want.