June, 2007 News:
Tips for a quick house sale
Wednesday, June 27th, 2007With more properties on the market at the moment, as sellers try to beat the deadline for the introduction of Home Information Packs, it is vital to make your house as appealing as you can to buyers, so you can sell it as quickly as possible.
Here are some tips to help you sell your property […]
More people are seeking bankruptcy
Monday, June 18th, 2007According to the Bankruptcy Advisory Service, people are beginning to seek bankruptcy at a younger age, and their debts are getting bigger and bigger.
Almost 17,000 Britons went bankrupt in the first quarter of 2007, 10% more than in the same period of 2006. Last year, there were a total of 100,000 individual insolvencies.
London House price rises slowing down
Monday, June 18th, 2007Average asking prices for houses in London are less then the national average for the first time in the past six months, which may be a sign that the house price boom is nearing its end.
The average house price rose by 0.8% nationwide this month, while the Londons property prices rose by just 0.7%, with […]
Mortgage payments are highest for 15 years
Thursday, June 14th, 2007Mortgage interest payments are now at their highest levels for around 15 years, as a result of the four interest rate rises since last August.
This is particularly bad news for first time buyers, as well as those who are currently struggling to keep up with their monthly mortgage payments, especially as there may yet be […]
Why are debt conscious homeowners facing repossession?
Thursday, June 7th, 2007With the UK increasingly faced with a mountain of debt last month the Bank of England announced that the countrys consumer debt had reached a massive £1trillion many are inclined to blame people not managing their money properly, or being shopahoics.
In addition, some point the finger at householders who have overstretched themselves to get a […]
Homeowners face increased mortgage payments
Thursday, June 7th, 2007Many UK homeowners could experience rises of up to 30% in their monthly mortgage repayments over the next year, as they reach the end of discounted mortgage deals.
Up to a million households are nearing the end of two- and three-year fixed-rate mortgages taken out in 2005, and these policies will shift to more expensive rates. […]
