07/10/2017 - 13:44

Although there were about 25,000 arrears problems in the second quarter of the current year, the Citizens Advice Bureau has reasons to believe there will be more arrears due to impending public sector cuts.

07/10/2017 - 13:42

According to Acadametrics House Price Index, there was a jump by 11 per cent in housing market transactions for the second month in a row.

07/07/2017 - 14:03

Currently there is a dramatic increase in mortgage fraud as the economic problems of the UK are still unresolved.

07/06/2017 - 13:10

UK mortgage lenders are still causing the slowdown on the housing market. The recent data demonstrates that at the moment mortgages are more difficult to obtain than before the credit crunch

07/06/2017 - 13:10

It has been revealed by the Bank of England that June saw an unexpectedly significant decrease in the number of mortgage approvals, which gives grounds to believe that till the end of the current year the housing market will be subdued.

07/05/2017 - 12:59

Barclays’ customers could lose huge sums of money because of the bank’s failure to meet 'high standards'.

07/05/2017 - 12:58

It appears that the number of first-time buyers in England and Wales hasn’t been so small for the last 35 years.

07/04/2017 - 14:42

Lloyds Banking Group has informed about its refusal to sell payment protection insurance (PPI), which was bringing about a lot of controversy during the past few years. Thus, Lloyds will be the first bank to cease selling PPI.

07/04/2017 - 14:41

The general agreement concerning change to Capital Gains Tax recently announced in Emergency Budget is not as painful as it was expected.

07/03/2017 - 14:33

The study by the Building Societies Association (BSA) has demonstrated that just 45% of British people think that now is the right time for property purchases, which is the decrease from 49% in March 2010.

07/03/2017 - 14:31

More that 25 per cent of current mortgage deals can be used only by lenders' existing customers.

06/29/2017 - 13:03

The general agreement concerning change to Capital Gains Tax recently announced in Emergency Budget is not as painful as it was expected.

06/29/2017 - 13:02

There has seen an unusual increase in the number of mortgage brokers in search of debt management help for borrowers who had made attempts to challenge the enforceability of their credit agreements.

06/27/2017 - 12:48

Now it takes much less time to sell a repossessed property.

06/27/2017 - 12:47

According to the recent data provided by the UK Cards Association, overseas transactions on UK-issued credit cards constituted less than 3% of all card transactions in 2009, with 303 million separate purchases and cash withdrawals registered.

06/26/2017 - 17:16

Not so long time ago, when a borrower reached the end of their home owner mortgage deal, they chose a new lender and got another cheap loan deal through remortgaging.

06/26/2017 - 17:14

The economy in the UK is in a particularly unstable condition right now. Although the country has officially come out of the recession, the prospect of difficult times and rising unemployment seems impending over the course of the next couple of years.

06/23/2017 - 12:55

The news about the cuts in funding for a mortgage scheme that is supposed to assist struggling homeowners was not taken with enthusiasm by mortgage experts and homeowners alike.

06/23/2017 - 12:54

It has been announced that Lord Levene of Portsoken, the chairman of Lloyd’s, and another big player in the world of finance, Sir David Walker, are planning to set up a new high street bank.

06/22/2017 - 13:22

The UK borrowers can take advantage of the record low base rate, which has remained as low as 0, 5 per cent for the last fifteen months. Those who have variable or tracker rates now are paying up to hundreds of pounds less than before.


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.