October, 2007 News:
Sellers having to reduce asking prices by 20%
Tuesday, October 23rd, 2007With rising interest rates, home introduction packs, as well as the effect of Northern Rock’s recent difficulties, the housing market seems to be cooling in a number of areas.
The Telegraph recently reported that sellers in some areas are being forced to reduce the prices they are asking for their houses. In some cases, sellers are […]
Why people are leaving the UK
Thursday, October 18th, 2007A recent study from Alliance and Leicester International reveals that 2.3m people over 50 intend to move abroad for their retirement which equates to around one in eight of this age group.
The UK housing market is heading for a fall.
Thursday, October 18th, 2007The UK housing market is in danger of a serious downturn, according to Alan Greenspan, the former chairman of the US Federal Reserve, who also advises Gordon Brown.
Pensionners have mortgage debts of £57Bn
Friday, October 5th, 2007The UK pensioners are saddled with debts totalling £57bn from a combination of mortgages and credit cards, and one fifth of retired people are still paying off their mortgages, according to a new survey.
