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Sell And Rent Back help repossessions
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03/07/2009
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Sell and Rent Back
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3
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The Council of Mortgage Lenders have released the latest numbers on repossessions, and the news is still not favourable. In the UK, an estimated 65,000 repossessions will occur this year; that estimate is down by 10,000 from December, but up in actual numbers...
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REPOSSESSIONS ON THE UP
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23/01/2007
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Recession
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3
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According to the Council of Mortgage Lenders, property repossessions are NOT fading into history.
The figures just released tell of a 9% rise in the second half of 2006. In real terms that means 8,860 individuals and families lost their homes and that the...
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Sell Rent Back Tough Scrutiny Plans
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05/11/2009
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Sell and Rent Back
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2
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In response to the disproportionate number of arrears and repossessions associated with self certification mortgages, the FSA has announced that plans are in place to increase regulations and laws regarding those mortgages. It appears that a great deal of...
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Sell and Rent Back rescue more
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13/07/2009
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Sell and Rent Back
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2
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With a minister's recent admission that the government's mortgage rescue plan has helped only six families since its implementation in January, people are turning more and more to sell and rent back options to avoid repossessions and other trouble. ...
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Sell And Rent Back Help Homeowners
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23/06/2009
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Sell and Rent Back
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2
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Relaxed lending practices from Building Society has put many people into mortgages that they cannot afford, worsening the property market and causing high numbers of repossessions int he UK. The trouble is so bad that many building societies are themselves...
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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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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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Low, Low, Low!
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08/12/2008
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Interest Rates
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Hits:
2
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The Bank of England announced on Thursday 4 December that another one per cent would come off the base rate, bringing rates down to two per cent, the lowest ever in the Bank’s history.
Whilst borrowers will undoubtedly be delighted at this news, savers...
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Low, Low, Low!
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08/12/2008
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Repossession
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2
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The Bank of England announced on Thursday 4 December that another one per cent would come off the base rate, bringing rates down to two per cent, the lowest ever in the Bank’s history.
Whilst borrowers will undoubtedly be delighted at this news, savers...
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Unemployment Rise Hits Homeowners
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20/10/2008
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Stop Repossession
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2
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Unemployment figures released this week show 1.79 million people out of work in the UK (measured between May and August 2008); the highest number since the 1990s. This figure is expected to increase to 2 million by the end of the year, with many analysts predicting further rises during 2009. ...
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Unemployment Rise Hits Homeowners
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20/10/2008
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Sell and Rent Back
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Hits:
2
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Unemployment figures released this week show 1.79 million people out of work in the UK (measured between May and August 2008); the highest number since the 1990s. This figure is expected to increase to 2 million by the end of the year, with many analysts predicting further rises during 2009. ...
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Latest Inflation Report
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19/08/2008
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Inflation
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2
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The Bank of England released its latest inflation report this week. All eyes were on the Bank’s governor, Mervyn King, as he delivered the bad news that had been anticipated – that inflation is up (currently at 4.4%) and is likely to go up yet further, peaking...
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Latest Inflation Report
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19/08/2008
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Stop Repossession
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Hits:
2
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The Bank of England released its latest inflation report this week. All eyes were on the Bank’s governor, Mervyn King, as he delivered the bad news that had been anticipated – that inflation is up (currently at 4.4%) and is likely to go up yet further, peaking...
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Latest Inflation Report
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19/08/2008
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Sell Home Fast
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Hits:
2
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The Bank of England released its latest inflation report this week. All eyes were on the Bank’s governor, Mervyn King, as he delivered the bad news that had been anticipated – that inflation is up (currently at 4.4%) and is likely to go up yet further, peaking...
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Latest Inflation Report
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19/08/2008
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Sell and Rent Back
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Hits:
2
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The Bank of England released its latest inflation report this week. All eyes were on the Bank’s governor, Mervyn King, as he delivered the bad news that had been anticipated – that inflation is up (currently at 4.4%) and is likely to go up yet further, peaking...
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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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Mortgage Arrears Climbing
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27/06/2008
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Mortgages
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Hits:
2
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The number of people who are struggling to meet their mortgage repayments is increasing. In February, the Council of Mortgage Lenders reported that there were 130,000 mortgages that were at least three months in arrears.
The figure for mortgages within...
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Mortgage Arrears Climbing
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27/06/2008
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Interest Rates
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Hits:
2
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The number of people who are struggling to meet their mortgage repayments is increasing. In February, the Council of Mortgage Lenders reported that there were 130,000 mortgages that were at least three months in arrears.
The figure for mortgages within...
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Biggest Threat in 20 Years
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23/06/2008
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Interest Rates
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Hits:
2
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Those were the words of Mervyn King, the Governor of the Bank of England, during his speech to Bankers in the City on Wednesday. The picture painted by Mr King was dire, but however we like to look at it, the changing economic landscape means we’ll all have...
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Biggest Threat in 20 Years
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23/06/2008
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Stop Repossession
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Hits:
2
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Those were the words of Mervyn King, the Governor of the Bank of England, during his speech to Bankers in the City on Wednesday. The picture painted by Mr King was dire, but however we like to look at it, the changing economic landscape means we’ll all have...
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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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The Cost of Bad Debts
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25/07/2007
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Repossession
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Hits:
2
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We’ve all heard the regulatory statement that by law has to be read out at the end of commercials or added to newspapers ads….”your home may be at risk if you do not keep up repayments on your mortgage or other loans secured upon it”.
It’s pretty obvious...
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Fixed Rates? The Answer?
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13/07/2007
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Mortgages
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Hits:
2
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In a market where interest rates are consistently rising (there have been five rate increases from the Bank of England in the past twelve months) opting for a fixed rate mortgage is an attractive proposition in the battle to control household outgoings.
...
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Sell Rent Back Banks losses
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24/09/2009
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Sell and Rent Back
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Hits:
1
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According to the KPMG UK Banks Performance Benchmarking Survey, the retail arm of High Street banks in the UK will probably experience losses during the second half of 2009. Bad loans are largely to blame, and are expected to continue causing losses at least...
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Sell Rent Back Homeowners Solution
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23/09/2009
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Sell and Rent Back
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Hits:
1
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Sobering news has confirmed what many UK residents already knew: that the ongoing recession and credit crunch have has a tremendous - and negative - impact on their wealth. Indeed, each household saw a reduction in wealth of approximately £31,000.
...
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Sell And Rent Back Set To Grow
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01/07/2009
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Sell and Rent Back
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Hits:
1
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With the staggering number of people predicted to be in arrears of their mortgage in 2009 - the Council of Mortgage Lenders estimates that 360,000 mortgages in the UK will be in arrears at approximately 2.5% of their outstanding balances - sell and rent back...
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