More than one million home owners on an interest-only deal face a sharp price rise when their current deal expires. Banks and building societies are increasingly nervous about offering these deals to borrowers, ahead of new lending rules, designed to curb excessive lending. Coventry Building Society has become the latest mortgage lender to stop offering [...]
Don’t be fooled by supposed unsecured debts, says Moneywise debtwizard Mike Thomas. If you own your own home, there’s no such thing. Yes, you read it right, unsecured debt, as in credit and store card debt, a personal loan, an overdraft or even a catalogue debt, is not unsecured if you own your own home. [...]
Figures from the Bank of England have shown that mortgage approvals fell last month marking a continued slow start to the 2010 UK housing market. The figures from February show that the number of approved mortgages used for house purchases dropped by around 1,000 to 47,094, marking the third consecutive monthly fall, following a sharp [...]
If debt invokes a scary picture and getting you into deep financial quagmire, don’t overlook your monthly bills. Tackling it at the right time, with the right solution aids you stay fit financially. Pondering over how to get rid of your debts and stay financially fit? Debt Consolidation Mortgage Loan is the apt one for [...]
Only 258 house-hunters registered with estate agents during February, the lowest level for a year. Demand weakened in February as potential new buyers stayed away from the housing market, research showed today. Only 258 house-hunters registered with estate agents during the month, the lowest level for a year and down from 291 in January, according [...]
A new website has been launched offering people the chance to sell their home for just £999. The iSold.com site is being run by Britain’s largest independent estate agent, Spicerhaart, in association with supermarket giant Tesco. It aims to offer a “halfway house” between a traditional high street estate agent and an online service. It [...]
Mortgage rates and fees rise to pay for recovery. The state-backed banks are squeezing retail customers to help ease their path to recovery. Royal Bank of Scotland, 84%-owned by the taxpayer, has been accused of leaning on mortgage customers through higher margins on lending, while Lloyds has boosted returns from current accounts with higher charges. [...]
Buy-to-let landlords must not be forced to pay unfair fees or asked to sign contracts with important details buried in the small print, the trading watchdog has said. The Office of Fair Trading said it was writing to a number of letting agents and key industry bodies drawing their attention to a High Court order [...]
Whether you plan to use your holiday home or let it out, it pays to do your research first. Laura Howard sets out the rules. For a nation engaged in a long-standing love affair with property, it should come as no surprise that an estimated 10% of Brits own second homes. But, while some people [...]
The recovery of the housing market has appeared to become derailed, after figures indicated mortgage lending has hit an eight-year low. The end of stamp duty relief at the start of the year has helped cause a substantial dip in mortgage lending during January, with just £8.02 billion lent during the month, the lowest level [...]
© 2009 Finance Behavior. All Rights Reserved. Terms under which this service
is provided to you. Privacy Policy. Advertising Practices.
News, articles, advice and guides from everyday money issues to how to grow
your money. Covering all
aspects of personal finance, FinanceBehavior.co.uk
offers independent news and views and blogs.
Log in SEO Powered By SEOPressor
Finance behavior
/
Finance Behavior
