|
Stop Eviction
|
11/05/2007
|
|
Interest Rates
|
Hits:
3
|
Last week’s rise in interest rates will soon start to impact on mortgage repayments, especially here in the South East and East Anglia where property prices are high.
Some analysts warn that repossession figures could double this year as people are pushed to the brink of financial crisis by increasing repayments. The threat of yet another rise in the Bank of England’s base rate is looming on the horizon, making the situation even more gloomy for anyone who has a mortgage.
...
|
|
Read More »
|
|
|
|
|
|
|
Sell and Rent Back – Pensions Cut
|
19/01/2010
|
|
Sell and Rent Back
|
Hits:
2
|
Research shows that more than 1 in 10 (16%) workers who currently have a pension report that they have recently stopped contributing to their pension at all, or reduced their contribution amounts, due to the credit crunch and tough economy.
...
|
|
Read More »
|
|
|
Recession - Keeping The Pound In Your Pocket
|
18/03/2009
|
|
Unemployment
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
Recession - UK Property Sales Crash
|
02/03/2009
|
|
Recession
|
Hits:
2
|
|
The UK housing market has once again receded to reach the same levels as it stood in February 2006. It is still to be seen if the recent slump in the sales of UK property is just another cycle of recession that goes naturally with any economy or it is a fall...
|
|
Read More »
|
|
|
Unemployment Total Close To 2 Million
|
12/02/2009
|
|
Unemployment
|
Hits:
2
|
|
The total of people out of work in the UK is now close to 2 million and rising steeply; the Bank of England warns that the recession is likely to be longer and deeper than previously anticipated, and that no matter what actions the government takes the overall...
|
|
Read More »
|
|
|
Property Prices and Bank Lending
|
10/02/2009
|
|
House Prices
|
Hits:
2
|
|
The state of the world’s economy is in crisis and its effects are being felt by the lenders and home owners. The average price of a home in the UK has been falling continuously since the autumn of 2007. Although, the lending institutions are trying their best...
|
|
Read More »
|
|
|
Low, Low, Low!
|
08/12/2008
|
|
Interest Rates
|
Hits:
2
|
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...
|
|
Read More »
|
|
|
Low, Low, Low!
|
08/12/2008
|
|
Repossession
|
Hits:
2
|
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...
|
|
Read More »
|
|
|
|
|
Repossession. Are you vulnerable?
|
11/11/2008
|
|
Sell and Rent Back
|
Hits:
2
|
In recent times, it seems as though we cannot turn on the news or open a newspaper without being further reminded about the dire situation our country finds itself in.
With the cost of inflation constantly rising, generally at a faster rate than the...
|
|
Read More »
|
|
|
Repossession. Are you vulnerable?
|
11/11/2008
|
|
Repossession
|
Hits:
2
|
In recent times, it seems as though we cannot turn on the news or open a newspaper without being further reminded about the dire situation our country finds itself in.
With the cost of inflation constantly rising, generally at a faster rate than the...
|
|
Read More »
|
|
|
Dramatic Bank Rate Cut
|
07/11/2008
|
|
Interest Rates
|
Hits:
2
|
|
As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
|
|
Read More »
|
|
|
Dramatic Bank Rate Cut
|
07/11/2008
|
|
Stop Repossession
|
Hits:
2
|
|
As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
|
|
Read More »
|
|
|
Unemployment Rise Hits Homeowners
|
20/10/2008
|
|
Stop Repossession
|
Hits:
2
|
|
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. ...
|
|
Read More »
|
|
|
Unemployment Rise Hits Homeowners
|
20/10/2008
|
|
Sell and Rent Back
|
Hits:
2
|
|
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. ...
|
|
Read More »
|
|
|
Dramatic Bank Rate Cut
|
07/10/2008
|
|
Recession
|
Hits:
2
|
|
As anticipated, the Bank of England’s Monetary Policy Committee (MCP) has cut interest rates today. What was not anticipated, however, is the size of that cut. Half of one per cent was expected, maybe one per cent if the bank was feeling brave, but very few foretold the massive one and a half per cent that the MPC obviously feels is required if it is to have any effect on inflation and the threat of recession....
|
|
Read More »
|
|
|
|
|
|
|
|
Avoid Repossession
|
28/07/2008
|
|
Debt
|
Hits:
2
|
|
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,...
|
|
Read More »
|
|
|
Biggest Threat in 20 Years
|
23/06/2008
|
|
Interest Rates
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
Biggest Threat in 20 Years
|
23/06/2008
|
|
Stop Repossession
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
First Quarter Repossession Figures
|
16/05/2008
|
|
Debt
|
Hits:
2
|
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...
|
|
Read More »
|
|
|
10p Tax Rate cut looks set to add to debt problems
|
24/04/2008
|
|
Mortgages
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
|
10p Tax Rate cut looks set to add to debt problems
|
24/04/2008
|
|
Debt
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
|
|
What is BMV?
|
04/02/2008
|
|
Home Information Packs
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
What is BMV?
|
04/02/2008
|
|
Equity release
|
Hits:
2
|
|
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...
|
|
Read More »
|
|
|
The Cost of Bad Debts
|
25/07/2007
|
|
Repossession
|
Hits:
2
|
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...
|
|
Read More »
|
|
|
Repossession - What Does It Mean?
|
12/04/2007
|
|
Repossession
|
Hits:
2
|
For those struggling to meet mortgage repayments, having their house repossessed by the bank or mortgage company is their worst nightmare. What can you do to fight repossession and what does it mean if you actually lose your house?
Fighting Repossession...
|
|
Read More »
|
|
|
More Than a Financial Matter
|
11/04/2007
|
|
Repossession
|
Hits:
2
|
|
When a family is facing the possibility of having their home repossessed the focus is very much on how they will survive the financial impact and get themselves back on the road to economic stability. It’s clear that such a period of stress will affect every...
|
|
Read More »
|
|
|
WHAT IS REPOSSESSION?
|
05/03/2007
|
|
Repossession
|
Hits:
2
|
|
Ask any person in the street what repossession means and they will usually reply that it’s the loss of someone’s home through non-payment of a mortgage. Of course, they’re absolutely right, but what people often fail to understand is that if your property is repossessed you may never be able to get a mortgage again....
|
|
Read More »
|
|
|
|
|
|
|
Sell Rent Back Lettings
|
15/09/2009
|
|
Sell and Rent Back
|
Hits:
1
|
When the Property Ombudsman announced that there had been a 200% rise in complaints to properties via letting agents in 2008, the numbers were shocking enough. Incredibly, in 2009 the number of complaints has jumped up by another 26%.
...
|
|
Read More »
|
|
|