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Property News

Is a fast property sale the answer to your interest-only mortgage and repossession fears?

Saturday 15th June 2013
8 million Brits have serious budgeting issues

It’s no fun looking forward to a retirement with a huge debt on your shoulders. Yet, a recent report says that more than a million people may not be able to pay off their interest-only mortgage and live in fear of repossession. Many borrowers who took out an endowment policy in the 1980s and 1990s are finding that their policy will not now cover the cost of repaying the mortgage.

The report ( http://www.fca.org.uk/news/interest-only-mortgages ) is based on...

Brits in debt to a worse level than 12 months ago

Brits in debt to a worse level than 12 months ago
Tuesday 9th April 2013

In recent years, being in debt to gas and electricity companies has become something of a common theme for Brits, with most of us having suffered through the fact that cold winters have been coupled by constantly...

Birthday blues for many Brit parents on the breadline

Birthday blues for many Brit parents on the breadline
Tuesday 9th April 2013

For those of us with children, there are few better joys than seeing a look on their faces when they open their presents on their birthday or get to enjoy a fun party with their classmates and friends to celebrate...

UK pensioners being forced to dip into their savings

Half of retirees could be entitled to more money
Monday 8th April 2013

Those who are retiring in the future will need to make sure they are adequately saving with pension schemes as soon as possible, after a new survey discovered that there are many who need to dip into their life...

More people use coin jars than accounts

More people use coin jars than accounts
Friday 5th April 2013

More people in the UK are now making use of coin jars than they are bank and building society accounts, according to findings of a survey conducted by GoCompare.

It has never been more important for Brits to...

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