The number of people who are currently renting a property in the UK is continuing to increase, as many individuals are unable to access finance through a home owner loan or mortgage in order to get themselves onto the housing market, according to new research from Rightmove.
According to Rightmove, more than half of people who [...]
Although many individuals in the UK see renting their home as a stepping stone to being able to afford a home owner loan or mortgage and owning their own property, a new survey has found that somewhere in the region of two thirds of private tenants are unlikely to buy their own home before 2015.
The [...]
Since the beginning of the credit crunch last year, it has become ever more difficult for someone to obtain finance through a traditional personal unsecured loan with their bank, or other lender due to the much more restrictive lending criteria which is being enforced by loan companies.
As a result of this, an ever increasing number [...]
Tenants are almost 3 times more likely to use loans as a way to consolidate their outstanding debt, rather than identifying and solving the problem through non-borrowing related initiatives.
According to a recent study, tenants (non-homeowners) view personal loans as a fast, efficient way to manage their personal debts, often opting to source a loan without [...]
