December 3, 2008

• Regulator Warns Mortgage Lenders To Work With Arrears

  » Read the full storyThe Financial Services Authority, which is the Government regulator for the financial industry in the UK, has written to all mortgage lenders and mortgage administrators giving them until January 31 to ensure that their customers facing arrears are being treated fairly. (…)

December 1, 2008

• Website Says Government Credit Card Changes Aren’t Enough

  » Read the complete articleMoneysupermarket.com has hit out at Government changes to those with credit card debts criticising them of not doing enough. (…)

November 29, 2008

• Government To Crack Down On Credit Card Firms

  » Read the full storyThe Government has promised to crack down on credit card firms treating borrowers unfairly. (…)

November 28, 2008

• LTV Difference Creates Rate Gap

  » Read the full storyBorrowers with lower deposits are paying as much as £2,230 a year more for the same loan as those who can put down deposits of 40% for a mortgage
  New analysis from mform.co.uk has found that a gap is widening between the mortgage ‘haves’ and ‘have nots’. (…)

November 26, 2008

• Government Promises To Avoid Repossessions

  » Click here for the original articleThe Government have reiterated their pledge to avoid repossessions at all costs. (…)

November 25, 2008

• PPI An Antidote to Mortgage Arrears?

  » Read the full storyAs the Council of Mortgage Lenders details more alarming growth in the number of homeowners falling into mortgage arrears – now up to nearly 170,000 by the end of 2008. (…)

November 24, 2008

• Loan to Values Keep Rising

  » Read the complete articleAs the mortgage market continues to be set in deep freeze, it seems little is being done to help with those with little equity in their home or little deposits to spend. (…)

November 21, 2008

• Half Of Interest-only Mortgage Holders Have No Plans To Pay Off

  » Read the full storyAlmost half of the owners of the UK's 2.9 million interest-only mortgages have no plans to pay off their loan. (…)

November 20, 2008

• Lenders Hiding Standard Variable Rate Benefits

  » Read the full storyMany mortgage lenders are hiding favourable standard variable rates from new borrowers in an attempt to put them on costlier rates. (…)

November 19, 2008

• Don’t Bury Your Head In The Sand – Get Advice Now

  » Read the complete articleUnemployment rose to its highest level in more than a decade in September as the economy tips into recession, meaning more people will be facing the need to search for adverse finance options. (…)

November 18, 2008

• CCJs On The Increase As Times Get Tough

  » Click here for the original articleMoney currently owed to creditors in County Court Judgments across the UK stands at a whopping £779m for the third quarter of 2008 - with more people less willing to meet their financial responsibilities. (…)

July 8, 2008

• How To Use Your Bad Debt Mortgage

  » Read the full storyA bad debt mortgage is not a way to escape your debt, but it does provide a way to get a mortgage even if you have had difficulty with debt in the past. (…)

April 23, 2008

• Brits in £35bn of Debt to Keep Up Appearances

  » Click here for the original articleAspiring social climbers in the UK have spent £35 billion to try and move up a social class. (…)

March 12, 2008

• 70 Days of Salary Spent to Clear UK Debt Interest

  » Read the full storyBrits’ combined January and February earnings have not been enough to service the interest on the national personal debt. (…)

February 15, 2008

• Many predict grim outlook for 2008

  » Read the complete articleThe financial industry has spelled out a grim 2008 for homeowners this week with predictions of house price cuts and repossession figures rising. (…)

January 25, 2008

• One in Twelve Brits Spend more than they Earn

  Almost five million Britons spent more than they earn in 2007.
  According to figures from uSwitch.com, 4.8 million adults, almost one in twelve of the UK, spent more than they earned last year. (…)