Taking out a home improvement loan, or taking a further advance on a home owner loan or mortgage to build an extension on an existing property, could be more cost effective than moving house and upgrading to a larger property and loan, according to new research from the Nationwide Building Society.
In the past, when [...]
It appears that the over 55 age group in the UK is feeling the pinch with their finances as much as any other age sector in the country, as a new report suggests that many of this group are putting off essential repairs to their home, due to a lack of money .
High inflation and [...]
Prior to the credit crunch, many home owners would simply take out a new home owner loan or mortgage and move house, rather than make home improvements to their existing property. But this trend has changed significantly in recent years, according to a new report from the Royal Institute of Chartered Surveyors (RICS).
The slow condition [...]
The majority of people living in the UK either want to buy their own home, or already have bought property and at some time or other have wanted to move house. To most buyers, the greatest obstacle is raising a large enough deposit to meet lenders’ loan to value criteria and being able to afford [...]
Since the start of the credit crunch and economic slow down, causing house prices across the UK to fall significantly, many individuals who would otherwise have probably moved house, have made the decision to remain in their existing home instead.
This could be down to the fact that many people are either unable, or unwilling to [...]
In these uncertain times of recession and economic slow down, many homeowners in the UK have reviewed their plans with regard to moving house, particularly since the recent fall in property values and the lack of availability of suitable homeowner loans.
A recent survey conducted by AA personal loans has shown that a growing number of [...]
A recent report has revealed that a growing number of homeowners living in the UK do not have sufficient funds saved up to cover themselves in the event of needing to carry out an emergency repair on their home and many are turning to home improvement loans or the use of credit cards to pay [...]
