Over the course of the past few months, we have reported on a number of occasions about sale and rent back schemes which are operated by an increasing number of companies and are becoming ever more popular with homeowners facing financial difficulties on their homeowner loan, or other secured loan, particularly in the current economic [...]
As we have reported in the past, the level of personal debt in the UK on things such as personal loans and credit cards has risen dramatically over the course of the past few years, to reach a higher level than ever before.
But in the current financial situation in the country, with the economy slowing, [...]
It’s the first Thursday of the month once again (already?), which of course means the usual monthly meeting of the Bank of England’s Monetary Policy Committee (MPC) and once again it is widely expected that the decision will be made to reduce the base rate of interest for homeowner loans as well as savers.
But according [...]
Last year the Government was proposing a plan for local authorities to be able to offer mortgages or homeowner loans to residents living within their area.
The New Local Government Network (NLGN) has been campaigning for some time now for councils to be granted the authority to provide homeowner loans for those who most need them [...]
Many borrowers in the UK have enjoyed significant interest rate cuts on their mortgage or homeowner loan over the course of the past few months, as the Bank of England has reduced rates to try and help the housing market.
The Bank’s Monetary Policy Committee (MPC) is due to meet once again on Thursday this week, [...]
Things are starting to become quite tough in the UK economy at the moment, due to the global economic slow down and the effects of the credit crunch making themselves felt across the UK population as a whole.
With banks and building societies severely restricting the amount of new personal loans they are prepared to offer [...]
