07/29/2010 - 13:21

It is encouraging to see the first signs of consumer confidence appearing on the housing and home owner loan market again.

07/28/2010 - 12:35

Before the banking crisis, a UK consumer did not have to worry about the amount of money they were able to obtain on a home owner loan or mortgage because lending standards were so loose that one could borrow large income multiples on loans.

07/28/2010 - 12:34

Many people in the UK had to reconsider their attitude to finances due to the recent recession. Still, although thousands of Brits reduced their exposure to debt and stopped being so dependent on loans, recent figures have shown that personal debt in the country is record high.

07/27/2010 - 12:34

About twenty per cent of buy-to-let landlords have had rent arrears in the second quarter of the current year because of the tenants who are still having difficulties with fulfilling their financial commitments.

07/27/2010 - 12:33

The recent study has revealed that the cost of sending a child to a private school, or paying for them to attend college or university will be 5% more in the current year than in the previous year.

07/26/2010 - 15:27

Paragon Mortgages informed that the number of landlords intending to acquire residential property increased, even though the unavailability of mortgage finance remains a major impediment.

07/26/2010 - 15:26

British Banker's Association (BBA) has informed that May lending figures of UK high street banks are the same as those of April.

07/23/2010 - 16:09

A spokesperson from moneysupermarket.com says it looks as though mortgage providers are striving to secure long-term deals with clients in order to achieve more stability.

07/23/2010 - 16:09

It has been announced by Countrywide that the average interest rate of its top ten deals saw a drop to 4.37% in May, which is the lowest since the last month of 2009.

07/21/2010 - 13:00

Although it has been announced that the UK has crossed the line in coming out of recession and there are signs of positive economic growth, many British citizens are struggling to liquidate their numerous debts.

07/21/2010 - 12:59

Financial experts have admitted that Halifax’s new Clarity credit card is great for its simplicity and usability. However, they warned this piece of plastic is not the ideal option for those borrowers who need money long term.

07/20/2010 - 16:30

The National Housing Federation has informed about the possible drop in the number of affordable houses being built in 2010 as a result of changes to the planning systems and future funding cuts.

07/20/2010 - 16:29

It came as a surprise that the number of mortgage borrowers behind with their repayments decreased. Despite this decrease, experts claim that the property market is as fragile as it used to be.

07/19/2010 - 17:45

The Russell International Excellence Group, representing twenty leading, research-intensive higher education institutions of the UK, has warned that graduates may be forced to start repaying their student loans before the agreed term and the interest rate will be elevated with the aim of tackling the challenge of underfunding.

07/19/2010 - 17:43

The recent research by Scottish Widows Priorities of Life index has uncovered the worrying finding that one in five (22 per cent) British citizens bury their heads in the sand when it comes to financial problems.

07/15/2010 - 13:58

The Russell International Excellence Group, representing twenty leading, research-intensive higher education institutions of the UK, has warned that graduates may be forced to start repaying their student loans before the agreed term and the interest rate will be elevated with the aim of tackling the challenge of underfunding.

07/14/2010 - 13:37

The secured loan sector has suffered great losses during the big crush of the past few years, which has brought about the introduction of stricter lending criteria from loan providers and a significantly reduced selection of loan deals offered to the customers in search of a secured loan.

07/14/2010 - 13:36

The FSA has been called for by the FSCP to take timely measures to make sure that banks' complaint-handling procedure is improved.

07/13/2010 - 12:50

There is a growing number of UK citizens intending to buy property in France.

07/13/2010 - 12:45

Although the UK is officially out of recession, there is still an aggravating problem with personal debt through personal loans and credit cards, even among the customers who have a permanent job and work full time.


Articles

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.