Housing slump could result in increase in DIY disasters
June 14, 2008
Over recent weeks predictions of a housing slump in the UK have been coming to fruition, with fewer properties coming onto the market, a fall in property values, and decreased consumers interest in purchasing property due to high house prices and rising interest rates. Some experts have expressed concern that this situation could lead to many homeowners deciding to stay put rather than move home, and instead carry out improvements on their existing properties. Read more
Many people could benefit from switching their loan provider
February 5, 2008
According to a recent report many people in the UK could see the benefits of switching their loan provider whilst still repaying their loan. Many of those with loans are nervous about switching to a more competitive deal because they believe that they will be financial penalised, and some consumers with loans are not even aware that they can switch their provider mid-term if they wish to do so. Read more
Costly home loans being pushed through by some brokers
December 14, 2007
A recent report has shown how many financial brokers in the UK are pushing through home loans that are simply unaffordable.
The report was released by the UK’s financial regulator, the Financial Services Authority, and shows that despite the credit crunch that has wreaked havoc in the financial markets, and despite bad debt levels in the UK, a number of brokers continue to try and push home loans that consumers cannot actually afford repayments on. Read more