30th June 2009
Middle-class Brits are now turning to budget supermarkets, which have seen a 25 per cent sales boost. Tightening household expenditure has meant smart shoppers are searching for ways to make their money go further at the checkout.
In a recent article in ...
30th June 2009
Insurers are increasing their efforts to stop "desperate" customers obtaining dishonest savings on their home and car policies as the credit crunch worsens.
Concerned that financial stress will encourage some to lie on their proposals to qualify for ch...
30th June 2009
An ID fraud expert highlights the methods fraudsters use to steal your identity and explains what you can do to prevent it from happening to you. Identity theft is a silent crime - sometimes only noticed after a hard-earned credit rating has been damaged....
30th June 2009
In this age of new technology consumers are increasingly using digital downloads to access music, games, films, computer software programmes and ring tones.
If your home were burgled and you lost your iPod, mobile phone and laptop your contents insuran...
23rd June 2009
Repossessions skyrocketed to 40,000 homes last year, up 54 per cent on the previous year, but 5,000 fewer than predicted. A family was thrown out of their home every 13 minutes because they failed to pay their mortgage.
The Financial Services Authority...
23rd June 2009
Experts have warned that due to plunging car prices thousands of motorists are in 'negative equity' on their vehicle loans. It means many car buyers are in similar positions to those whose mortgages are bigger than the value of their home. Altogether the ...
23rd June 2009
In the last few years the home rental market has been flooded as would be sellers started renting their homes instead. Indeed, during the last 12 months, in London the number of homes available for rent has increased by 67 per cent and demand for rental p...
23rd June 2009
If you are considering applying for a loan, make sure that you do your sums. Keep an eye on the rates of interest you will be charged.
Most companies that offer personal loans and credit cards feature in their advertisements "typical rates". This sho...
23rd June 2009
As house prices tumble it could be time to think about going for a paddle. Whilst property values across the UK have fallen by over 20 per cent in the last 12 months, the prices of residential house boats have remained relatively buoyant.
There is a n...
18th June 2009
Those hoping to buy a new home or looking to re-mortgage may be alarmed to hear that under new borrowing rules they may soon be unable to raise a mortgage for more than three times their annual salaries.
The Financial Services Authority (FSA) is alrea...
18th June 2009
After the recent cut, in the Bank of England's base rate, the divide between mortgage winners and losers is at its widest in living memory. Some very lucky borrowers now have interest on their mortgage which is next to nothing or nothing at all, these ar...
18th June 2009
With unemployment rising fast in the UK, there is a growing "mortgage underclass" of borrowers who cannot break away from their lender even if the rate they are paying is wildly uncompetitive. Thousands of borrowers who mortgaged two or three years ago on...
18th June 2009
It is a fact that one family evicted from their home every 10 minutes as mortgage lenders push up repossessions by 92 per cent. One family is being kicked out of their home every ten minutes after failing to pay their mortgage, figures revealed yesterday....
18th June 2009
Many mortgage customers are being charged between 20 and 50 pounds each month if they fall into arrears. The lenders argue that these charges merely reflect extra costs they incur and the costs cease when customers agree a repayment plan.
But critics ...
12th June 2009
A recent poll claims that two out of five middle-class professionals are scared they will struggle to keep up the repayments on their mortgage in 2009. High earners represent those most worried that they will default on payments.
The findings pinpoint...
