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Three thousand less homes have been sold compared to October 2010, says HM Revenue & Customs. In total, house sales for 2011 are 5% less than 2010, caused by the lack of mortgage funds and our economies state.

As taxes escalate, there will be a squeeze on household budgets in the next ten years or so.

Due to a fall in property values in July, surveyors are "pessimistic" about UK house prices.

Government figures show that more than one-fifth of UK households experienced fuel poverty in 2009.

A recent report put out by Deloitte, a financial services firm, warns that UK households will face a decrease in disposable income of approximately £780 this year.

A leading economic think tank has warned that UK households may face the biggest drop in income for 30 years.

According to a recent survey from the Land Registry house prices in England and Wales are still falling.

For those who want to sell house fast, good luck: mortgages are getting harder and harder to find as UK borrowing hits a new record.

A research group recently predicted that house prices in the UK will fall by another 1.7% in 2011.

Halifax, a lender in the Lloyds Banking Group, reports that house prices in the UK continue to fall, with December seeing a drop of 1.3% from November prices.

A recent report notes that the Bank of England gave a boost to many UK households when the base rate was cut to 0.5%, a record low.

According to the BBC, seniors over the age of 60 will be the group most affected by changes in how low income households to receive assistance for mortgage costs.

In August, property values dropped for the second month in a row, prompting surveyors to come forth with their expectations that house prices will continue to fall.

Sell House FAst

According to the Royal Institution of Chartered Surveyors, house prices are beginning to fall again.

Household expenditures and the amount of money UK residents save have changed significantly over the last 40 years.

Figures reported by the Land Registry show that house prices in Wales and England continue to steadily increase.

According to experts, the average UK household will have to spend a full 15% of their net income just to cover the interest payments on their personal debt.

News that National Insurance will increase in 2011 by 0.5% for both firms and employees is predicted to increase job losses, further bad news for those needing a quick house sale.

According to the accountancy firm PricewaterhouseCoopers (PwC), 9% of all total outstanding debt balances will be made up out of credit card debt by the end of the year 2010.

For those looking for quick house sales, it seems another house price index comes out every week. Here is a quick description of the main 4 indices, useful for those wanting a quick home sale.

Homeowners are seeing mortgage rates rise despite the Bank of England’s base rate remaining stuck at rock bottom. 

UK economic activity shrank by 0.2% in the last three months of last year according to official figures.

Unemployment has risen in almost all parts of the UK. This October the number of people being out of work has risen to over 1.6 million, an increase of 5,300 people out of work and claiming Job Seekers Allowance.

Bankruptcy fees rose from £75 to £525 this August to try and discourage people with financial issues looking for a solution to their problems.

Property prices dropped 0.6% in August from July and 0.4% from a year ago. Experts are expecting the housing market to be subdued for at least another year, with values staying the same of slightly lower as they are today.

Due to would-be property buyers struggle to find mortgage finance in the current economic climate, the gap between demand and supply in the housing marking will continue to widen, resulting in further gain in rents.

There has been a 2.6% increase in long term graduate unemployment, from graduates who left university in 2007, to students who left in 2005.

A recent survey under High Street retailers unveiled that 46% of the retailers have seen their sales fall in August and the current condition of the retail market is under a lot of pressure.

Between the months of July and August almost 40% of homeowners witnessed their finances deteriorate according to a study under 1,500 adults.

Since 1923, the number of new houses built in 2010 was the lowest ever.

Strict lending criteria developed by bank and housing pricing levels have meshed, eliminating new potential buyers from the market.

During the months of June, July, and August, the UK economy has decreased it's growth rate by 0.2%, while expanding 0.6% between the months of May, June, and July.

Peak house prices and competitive lending conditions in 2007 have left many borrowers in negative equity, It is calculated that in June 2011 over 827,000 loans are in negative equity, of which nearly a third are from loand taken out in 2007.

Average pay gaps between employees in the private sector and those of the public sector have widely increased a great deal.

According to the IMF, higher prices for oil, economic turmoil in the eurozone, impact of spending cuts, and plummeting prices could throw the economy off course.

It is predicted by the CML that 40,000 people will lose their homes this year.

In June, mortgage lending has increased, but the market is still subdued.

Increasing demand for properties to rent has caused rents in the private sector to increase to an average of £701 per month throughout England and Wales.

On top of the 7,000 redundancies previously announced, it has now been reported that an additional 5,000 British soldiers will face the loss of jobs by 2015.

Figures suggest that some UK residents are saving less these days, due to increased outgoings, such as higher household bills.

The Halifax reports that home prices fell in the spring, but that the lender expects prices to stabilise later this year.

Income gaps have continued to widen over the past 30 years, with many low- and middle- income wage earners seeing only slight – if any – improvement in their overall incomes.

The Council of Mortgage Lenders (CML) warns that home repossessions will likely rise again in 2012.

A small bank operating in the Portsmouth area has been shut down by the financial authorities.

Chairman of the eurozone finance ministers, Jean Claude-Juncker, recently announced that Greece may need further assistance via financial bail-out.

The most recent survey put out by the Nationwide building society shows that the housing market in the UK remains subdued.

The Society of Motor Manufacturers and Traders (SMMT) reported a drop in new car sales in April, making it the tenth consecutive month to see a fall.

There has been a huge rise in the number of home buyers paying for their new homes in cash.

Plymouth City Airport will be closing in December, it has been announced.

Mortgage lending is still at very low levels, according to the Council of Mortgage Lenders (CML).

Thousands of Jobcentre staff are set to strike after a dispute about working conditions and management targets.

The British Retail Consortium (BRC) has recorded its worst fall in sales since records began in 1996, which is a further signal of difficult times on the High Street.

The Nationwide building society reported an increase in home prices in March – up 0.5% from the previous month and about 0.1% from the same month last year.

According to new figures from industry body SMMT, sales of the new 11-plate cars were down in March in comparison to the same month last year

Savers are finding it harder than ever to protect their funds from inflation erosion.

The industry has given out a warning that, as a result of of a windfall tax on North Sea oil producers announced in the Budget, tens of thousands of jobs in the UK will be cut.

It seems like online identity theft and online credit card fraud is rising at an alarming rate.

British taxpayers hoped that after they nationalised lender Northern Rock, the bank would begin to recover.

According to the latest survey from the Royal Institution of Chartered Surveyors (Rics), the property market is flat everywhere in the UK except London.

According to a report by the Halifax, UK house prices fell by 0.9% this February, compared with last month, cancelling out a rise in January.

In November 2010, the Office for Budget Responsibility reported that they expect 330,000 job losses among public sector workers in the coming four years

The UK economy shrank by more than previously thought during the last three months of 2010, revised figures show.

A recent report shows that banks in the UK are receiving tens of billions of pounds through hidden subsidies from customers and taxpayers – in addition to receiving support directly from the state.

The United Nation’s Food and Agriculture Organization (FAO) reports that wholesale food costs reached the highest monthly amount ever recorded last month

The Financial Ombudsman Service (FOS) reports an increase of 25% since last spring in regards to complaints against debt management companies

A recent study shows that UK consumers have experienced their largest monthly fall in confidence in 16 years when it comes to their own finances and the economy.

More than nine million UK residents have been adversely affected by a government failure to credit more than £1 billion in National Insurance contributions.

44,000 – that's how many home loans were provided for house purchase in November 2010, and this in a country of nearly 62 million people.

The number of mortgages approved for house buyers by the UK's main banks fell by 10% in 2010.

The United Nations’ Food and Agricultural Organisation (FAO) has reported a new high in global food prices as of December.

More than one-fifth of UK households report that they intend to increase their savings or are already saving more.

Recently released survey data shows that almost half of UK households are concerned about their debt levels, with a majority expressing greater concern today than over the last two years.

Unemployment is on the rise in the UK once again, reaching 2.5 million (7.9%) in October. This resulted from an increase of 35,000 during the previous three months.

The British Chambers of Commerce is forecasting slower than expected economic growth in the coming year, downgrading its September forecast of a 2.2% GDP growth in the UK in 2011 to just 1.9%.

Hometrack, a property website, has stated that homes for sale are spending an average of almost 10 weeks on the market, which is the longest for the past 17 months.

Data from two recent surveys shows that the rental market is under pressure and that average costs are on the rise.

A recent survey shows that UK residents plan to cut Christmas spending this year; however, data also shows that billions will still be borrowed in order to pay holiday-related expenses.

Work and Pensions announced that parents will not be exempt from benefit cuts if refusing a job or job training.

The month of September saw a continuing weak appetite among consumers when it came to borrowing.

Recent research conducted by insolvency trade body R3 shows that the state of personal finances is set to become even more precarious as job cuts continue in coming months.

The Royal Institution of Chartered Surveyors (RICS) reports that housing prices are continuing to drop, due to a shortage of buyers.

New figures released by the Office for National Statistics reveal that government borrowing has increased, with a record £16.2 billion borrowed in September to close the public finances gap.

An independent commission reports that higher contributions may be required from public sector pension scheme members.

Sellers continue to outnumber potential homebuyers, which has led to housing prices still being under pressure to decrease.

A recent survey of recruitment firms conducted by the Recruitment and Employment Confederation (REC) suggests that the UK employment market continues to weaken.

According to the Markit UK Household Finance Index, savings are still low as consumers focus on paying down debts amongst concerns regarding economic difficulties ahead.

Research shows that the most significant issue in the UK housing market is the plight of those trying to buy a home for the first time.

A recent study shows that 38% of people support increasing taxes for private landlords and those who own second homes.

A study conducted by Consumer Focus shows that 1.2 million UK residents are taking out at least one payday loan each year, for a total of £1.2 billion borrowed in this manner.

A study conducted by Consumer Focus shows that 1.2 million UK residents are taking out at least one payday loan each year, for a total of £1.2 billion borrowed in this manner.

The Policy Exchange has put out a warning that interest rates could need to increase to 8% in an effort to combat mass inflation. The think tank speculates that a wave of money could be unleashed as a result of the economic recovery.

The average borrowing of UK consumers is on the rise with the average amount owed by each UK adult at approximately £30,000, which includes mortgages.

According to insurance companies, the UK saw a significant increase in the number of fraudulent claims in 2009, resulting in a record high.

According to figures released by the British Banker’s Association (BBA), the total number of home mortgages approved in June had dropped from the month before to 34,813.

The Joseph Rowntree Foundation (JRF) has released figures regarding the minimum income needed to have an acceptable standard of living in the UK.

First-time property buyers are finding it more difficult to get on the property ladder, due to the hardship of raising the funds needed for the huge deposits required.

Bankruptcies in the UK are on the rise, with figures showing a distinct increase in the first quarter of this year in the number of residents of England and Wales trying to be declared bankrupt.

The Halifax reported a slight drop in housing prices for the early summer, as compared to the beginning of the year.

According to the financial information service, Moneyfacts, rates on authorised overdrafts are now the highest they have been in the last decade.

In the ongoing efforts to cut costs and recover from the recent economic crisis, it is now looking likely that there will be a significant reduction in spending to build roads in the UK.

According to official statistics, one third of pensioners in the UK rely entirely on the state for their income during their retirement.

The National Insurance Contributions Bill, as included in the Queen’s Speech, is scheduled to increase national insurance contribution rates as of April 2011.

Starting next year, families earning more than £40,000 will see a reduction in tax credits.

The volcanic eruption in Iceland had a larger effect than simply annoying travelers when flights in the UK were grounded for approximately six days.

New tax rules regarding Capital Gains Tax will hit higher rate tax payers particularly hard.

Spending related to the World Cup is credited with giving UK retail sales a boost in May.

The Royal Bank of Scotland (RBS) has announced that an additional 2,600 UK jobs will be cut over the course of the next year.

A survey conducted by High Fliers found that university students do not feel secure in their career options after graduation.

According to a savings survey conducted by the NS&I, UK residents are putting less money in savings, resulting in a decrease in savings that is the lowest it has been in over two years.

Although private sector final-salary pension schemes in the UK saw a surplus in March, they had fallen back into deficit by the end of the month of April.

The number of people in the UK who are of working age and who are not currently working increased by 110,000 during the first quarter of this year, ending in a record high of 8.16 million.

Worrying trends in credit card use are emerging in the UK as research begins to show the true depth of the reliance Brits have developed on credit cards.

Research conducted by Callcredit shows that more than one in four people who have a mortgage (26%) report that they would not be able to make their mortgage repayments as scheduled if they experienced a loss of £300 in their monthly income.

Official figures show a significant increase in UK inflation in March 2010. In the previous month, the rate of inflation was at 3%, sharply rising to 3.4% in March.

Regardless of which party prevails in the coming elections, UK residents can anticipate an increase in taxes.

According to a recent survey of lenders, in the next three months overdrafts and personal loans will only be made available to those who are considered “better quality” borrowers.

The 600,000 UK residents who earn in excess of £100,000 per year will see significant changes in their personal taxes over the next two years.

The budget deficit is expected to reach £178 billion this year, which is 12.6% of the Gross Domestic Product (GDP).

2010 has not started out well for public finances. In January, the government borrowed an additional £4.3 billion, bringing the total to the highest since record keeping began in 1993.

As if many people were not already facing enough financial challenges, interest rates on credit cards are on the rise.

It will likely come as no surprise that long time unemployment figures, which includes those who have been out of work for at least one year, are now the highest they have been since 1997.

A survey has revealed that in the past 12 months, more than 10 million people were overdrawn, with 2.1 million of those people never coming out of their overdraft.

Individual borrowing is increasing in the UK, undoubtedly in part from the effects of the economic crisis making it more difficult to make ends meet each month.

Average consumer debt and household debt in the UK continues to increase.

Bad debts have reached significant, historic highs and average borrowing has increased 5% per credit card, surpassing £1,000 for the first time ever.

To slow down the rapid slump in the property market, UK residents enjoyed a temporary stamp duty holiday on properties valued between £125,000 and £175,000 beginning in September 2008.

As unemployment rises across the UK, southeast England has been particularly hard hit with unemployment and underemployment.

Recently, families have enjoyed lower monthly bills due to the government’s efforts to boost the UK economy by temporarily reducing the VAT from 17.5% to 15%. However...

Under the law, repossession should be the last resort of mortgage providers that have exhausted all other possibilities that would allow homeowners to stay in their homes.

Official figures show that inflation in the UK rose higher than expected in November, due in large part to higher petrol prices.

Borders, a major bookseller in the UK, announced they will be closing up shop and attempting to sell their group of 45 stores.

In this market of fewer fast house sales, repossessions are increasing.  Before taking back your home, a lender must prove a few things during a repossession hearing.  

A troubling new UK BBC survey reports that 2 out of 3 people in the UK know someone who has lost their job during this difficult recession, and that four in ten are afraid of losing their own job.

Sell Home Fast through Property Rescue and enjoy no nonsence advice and helpful staff.  Infact we pride ourselves on our approach and have answered some of our most popular Sell House Fast questions.

In a bit of rare good news for the housing market, a rise has been reported in UK house prices. In May on April, house prices rose 1.2%, giving a bit of encouragement to anxious homeowners.

There’s been some good news at last for those seeking quick house sales or wanting to sell their property portfolio.