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Interest rate aid Sell Home Fast misery
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12/06/2009
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Sell Home Fast
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2
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For the third month straight, the Bank of England reported in May that interest rates would remain at 0.5% in the hopes of stimulating the property market. As anyone who is trying to sell property fast right now is aware, it is very frustrating and incredibly...
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Recession - Keeping The Pound In Your Pocket
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18/03/2009
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Unemployment
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2
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The annual growth in take home pay has dropped to an all time low of 1.8% and saw an unprecedented fall of 0.2 per cent during January as employers make drastic cuts to save their businesses from collapse.
Honda is just one of the companies that has stopped...
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Sell And Rent Back Your Own Property - A Smart Way To Act
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06/03/2009
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Equity release
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2
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Selling and renting back your own property is a popular and imminent trend in UK. Countless people find it very helpful in generating some fast cash to overcome financial crisis. Selling and renting back your own property is a wonderful option that allows you to release the equity in your house without remortgaging or moving from your dwelling place....
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Interest Rates - A Licence To Print Money?
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06/03/2009
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Repossession
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2
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The Bank of England has announced a further reduction in interest rates to 0.5% in an attempt to get the High Street banks lending again and ease the flow of money, especially to businesses.
The Council of Mortgage Lenders is warning that all time low...
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UK Property Prices
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27/02/2009
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Housing Crash
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2
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UK property prices are being driven down by pent-up supply and decreased demand. Since 2007, the UK property market has been struggling. These difficulties are expected to continue through 2009.
The Rightmove House Price Index saw UK residential property...
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Are You Facing Negative Equity?
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27/02/2009
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Housing Crash
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2
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The dramatic falls in property prices over recent months have left many homeowners in negative equity – in other words, owing more on their mortgage than their property is worth.
The Financial Services Authority certainly agrees that negative equity is a real problem. It states that as many as one in five households could face negative equity by the time the market bottoms out, with an estimated overall fall in prices of 30% from their 2007 peak. These figures mean that some 2.5 million loans will be in excess of the value of the property against which they are secured. ...
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Debts and Bankruptcies Rise
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04/02/2009
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Debt
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2
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Bankruptcies in England and Wales are rising steeply. The most recent figures from the Insolvency Service show an increase in personal bankruptcies of more than 9% during the third quarter of 2008 over the same quarter in the previous year. When business...
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Mortgage - Buy To Let Owners In Trouble
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14/01/2009
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Mortgages
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2
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Over recent years the buy to let market has been buoyant. People who either had the cash or access to mortgage lending saw property as a failsafe means of making money and a solid long term investment. But as property prices have crashed the buy to let market...
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Paying for Christmas
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12/12/2008
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Stop Repossession
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2
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It’s that time of year when we all become frazzled with the chores of Christmas, the biggest of which is undoubtedly the Christmas shopping. Finding original presents for everyone can be a real nightmare and when money is tight the whole task is even more...
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Paying for Christmas
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12/12/2008
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Sell Home Fast
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2
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It’s that time of year when we all become frazzled with the chores of Christmas, the biggest of which is undoubtedly the Christmas shopping. Finding original presents for everyone can be a real nightmare and when money is tight the whole task is even more...
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Paying for Christmas
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12/12/2008
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Sell and Rent Back
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Hits:
2
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It’s that time of year when we all become frazzled with the chores of Christmas, the biggest of which is undoubtedly the Christmas shopping. Finding original presents for everyone can be a real nightmare and when money is tight the whole task is even more...
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Government Intervention - Too Little Too Late?
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09/09/2008
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Mortgages
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2
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This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis. Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
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Government Intervention - Too Little Too Late?
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09/09/2008
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Debt
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2
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This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis. Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
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Government Intervention - Too Little Too Late?
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09/09/2008
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Inflation
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2
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This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis. Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
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Government Intervention - Too Little Too Late?
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09/09/2008
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Repossession
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Hits:
2
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This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis. Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
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Government Intervention - Too Little Too Late?
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08/09/2008
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Housing Crash
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Hits:
2
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This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis. Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
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Avoid Repossession
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28/07/2008
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Debt
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Hits:
2
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To have your home repossessed is one of the most stressful things that can happen to a family, putting adults and children alike under enormous pressure. The financial impact is often severe and long lasting, affecting individuals' ability to obtain loans,...
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First Quarter Repossession Figures
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16/05/2008
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Debt
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Hits:
2
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Recent repossession statistics show that there is no slow down in the housing crisis.
The current figures must be seen against the backdrop of 2007, which had been forecast to be a bad year by the Council of Mortgage Lenders even before the credit crunch...
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10p Tax Rate cut looks set to add to debt problems
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24/04/2008
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Mortgages
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2
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Gordon Brown and Allistair Darling are facing opposition from their own back benchers over the controversial removal of the 10p tax rate band. By no means will everyone lose out from this cut, but some could have debt problems exacerbated by unexpected reductions...
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10p Tax Rate cut looks set to add to debt problems
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24/04/2008
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Debt
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Hits:
2
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Gordon Brown and Allistair Darling are facing opposition from their own back benchers over the controversial removal of the 10p tax rate band. By no means will everyone lose out from this cut, but some could have debt problems exacerbated by unexpected reductions...
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Equity Release and Debt Consolidation
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13/02/2008
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Equity release
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Hits:
2
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Equity release schemes are usually targeted at the elderly, as a way of generating capital from their property, whilst being able to continue to live in their home.
There are a number of different ways of releasing equity on your home, but the most popular are either a longer term mortgage or a home reversion. A home reversion is where the homeowner sells all or part of their property to a reversion company and gets either an annual return or cash lump sum.
...
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What is BMV?
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04/02/2008
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Home Information Packs
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Hits:
2
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In the simplest terms, BMV is an abbreviation for Below Market Value property. What this means is that the prospective buyers pay less than the expected market value for a property. There is a section of the housing market that specialises in this area and...
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What is BMV?
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04/02/2008
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Equity release
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Hits:
2
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In the simplest terms, BMV is an abbreviation for Below Market Value property. What this means is that the prospective buyers pay less than the expected market value for a property. There is a section of the housing market that specialises in this area and...
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Is Your Credit In Crisis?
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14/12/2007
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Debt
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Hits:
2
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As Christmas approaches more and more of us turn to our credit cards to provide the funds we need to finance our seasonal purchases. Despite the concern emanating from retailers it looks as if we are set to spend record amounts again this year. During the...
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