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Figures showing August mortgage activity have been released and show that lending was down 5% from July and down 3% from August 2009 in regards to loans granted to first-time homebuyers.

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.

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.

In 2012, it is quite possible that average debts for UK students will reach an all time high, double the average debt in 2011.

For the first time this year, home sellers lowered asking prices, according to Rightmove, a property website.

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.

A report from the Office for National Statistics (ONS) showed an unexpected drop in retail sales in the UK in August, which was the first time retail sales has dropped since January.

Purchasing a new home is becoming increasingly cost-prohibitive, and it doesn’t look like the situation will improve any time soon.

the month of July, first-time home buyers found their share of the mortgage market at the lowest level seen in three years.

The Pensions Policy Institute Think Tank has put forth a statement saying that the state pension age will need to increase to 72 sometime within the next 20 years in order to keep government costs at their 1981 level

For some time now, lenders have been criticized about payment protection insurance (PPI) and the manner in which some of these policies have been sold.

The Royal Mail pension fund deficit has hit £8 billion with an even greater deficit expected after the full three-yearly valuation is completed and published sometime over the next two months.

Government borrowing hit a new peacetime high last year, reaching £163.4 billion (equivalent to 11.6% of the Gross Domestic Product) by the end of the financial year.

In these tough economic times, a growing number of people are taking part-time jobs as a temporary fix to assist in making ends meet each month.

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.

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

Recent news about the Land Registry putting up its fees for the first time since 1993 is bringing even more disappointment and stress to people looking to sell home fast.

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.

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.

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

For many consumers, obtaining mortgages with higher percentage rates is next to impossible, especially at the lower rates advertised.

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

In recent surveys 4,359 UK parents say how costly childcare fees have placed them in debt.

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.

Figures from the Pension Protection Fund reported the deterioration of UK pension schemes in July 2011.

Potential buyers in most of the UK are discouraged to purchase a property due to lenders demanding large deposits.

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.

 Social housing costs are proving too expensive, resulting in housing benefit changes currently going through Parliament.

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 Halifax poll, which included 4,000 non-homeowners as the respondents, shows that two-thirds of young adults who do not own a home believe they will not be able to get on the property ladder.

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

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.

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.

Recent figures suggest that economic problems may be leading to a rise in depression in England.

Economists believe that the consumer confidence index is one of the best indicators for the overall health of an economy, and if they're right, the UK is in very big trouble.

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

Since 2008, tariffs on energy bills have increased from 180 to more than 300.

The number of people in the UK facing unemployment and rising bills have convinced MPs that people need a better financial education.

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

All the unrest in Middle East might be good for democracy, but it's bad for the price of petrol.

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

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.

Between October and December 2010, unemployment rose 44,000, to a total of 2.5 million people unemployed.

A government strapped for cash is looking for new ways to levy civil penalties

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

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

The economic situation in the UK remains grim. Recent unemployment figures show that joblessness continues to hover around 8%, jumping to 20% for 16 – 24 year-olds

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.

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.

In an unexpected turn of events, the UK saw the Consumer Prices Index inflation rate rise 0.1% to reach 3.2% in October.

According to a warning from the Bank of England, the UK economy’s future continues to be uncertain.

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.

The government has restricted limits to the tax-free income savers can put into pensions.

The Council of Mortgage Lenders (CML) is not pleased with the City regulator’s plan to place more restrictions on mortgage lending.

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

Small- and medium-sized enterprises (SMEs) have seen a rise in bank fees this year, which is only making it more difficult to stay afloat and recover from the recent economic crisis.

According to the Institute for Fiscal Studies (IFS), the UK is facing the “longest, deepest, sustained period of cuts to public services spending at least since World War II.”

Currently, residents of England who are 60 or older are eligible to receive free bus passes.

BT customers will soon see a 10% increase in call charges, as well as a 50p increase in monthly line rental.

Fewer UK-listed companies issued profit warnings in the second quarter of this year, with only 45 firms issuing warnings between April and June, according to Ernst & Young.

More and more pensioners are being forced to unlock equity from their homes as a last resort option for paying off debts and other bills.

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

For the second year in a row, university graduates are facing lower expected graduate salaries.

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

Research conducted by Scottish Widows shows that Brits continue to feel financially insecure, even though the UK is officially out of the recession.

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.

According to figures released by HM Revenue & Customs (HMRC), the amount paid into stakeholder and personal pension plans dropped by £1.1 billion (5%) during the recent recession.

Some of the UK’s major train operators have recently been accused of surreptitiously increasing train fares by extending what are considered peak hours.

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

It is no secret that the cost of housing has risen significantly over the past 50 years, even taking into account the last few years decreases

Mortgage advisors have warned of shortfalls in the amount available for lending, due to a lack of funds from mortgage companies.

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...

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.

In this first of 2 articles about Sell and Rent back FAQ's, we've compiled our most frequetly asked Sell to Rent questions. The next Sell and Rent back FAQ article will folllow next week.

With news that the number of unemployed people over the age of 50 has increased by 50% in the last year in the UK, people could consider sell to rent options to ease their financial pain

The CML (Council of Mortgage Lenders) has announced that mortgage lending in May was 2% lower than in April - at approximately £10.3bn - and 58% lower than May 2008.

As further evidence showing that the UK is hardly alone in the current economic crisis, reports indicate that home prices around the world have dropped in the first quarter of 2009.

Recent news from the Bank Of England acknowledged that approximately 7 - 11% of UK property owners have negative equity; a further blow to a poor property market.

The latest numbers concerning home repossessions in the UK have been released, and they are not good. In fact, repossessions in the United Kingdom have increased by an incredible 50% in one year.

Homeowners facing the prospect of losing their home to repossession could consider sell and rent back as an option for a fast property sale.