21st January 2008
The concept of shared equity is that you buy a portion of a property and rent the rest. Local authorities and house builders can offer shared equity homes. You still need a deposit to put down for your purchase, but it is less than normal because it is on...
21st January 2008
The charity Citizens Advice has issued a report that criticises sub-prime mortgage lenders in the UK and suggests that their activities could prompt a sub-prime crisis in the UK that matches that of the US.
The report, called ‘Set up to fail’, tell...
21st January 2008
Buying a house is probably the biggest financial transaction that most of us make in our lifetimes. It can be exciting, but also rather scary, given the large sums of money and the life-changing event that it is. As well as the money that goes to the actu...
