Finance News & Information

Prices of Northern Ireland Are Not So Hot

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Posted 2008-01-7

Northern Ireland’s Royal Institute of Chartered Surveyors (RICS) reports, that prices of houses in Northern Ireland are coming down following the massive growth of house price last year. The RICS further states that sales should perk up in 2008...

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Mortgage Savings May Not Be Affected Due To Base Rate Cuts

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Posted 2008-01-6

A price comparison website points out that additional cuts to the base rate this year does not mean that homeowners will have a lower mortgage payment. Following the monetary policy committee (MPC), decision to keep the base rate on...

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Prediction - Personal Insolvencies To Increase

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Posted 2008-01-5

Expert notes claim that the rise in personal insolvencies seem to be precise for this year. As 2008 progresses, it is predicted that there would be a rise in the number of people that declare themselves as insolvent, reports, ...

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The Self-Cert Sector Has Not Been Drastically Affected By The Credit Crunch

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Posted 2008-01-3

A broker claims that the self-cert mortgage availability has not been drastically affected by the credit crunch. Spokesperson for Alexander Hall, Andy Pratt stated that essentially the self-cert mortgage market was the same, in spite of reports of tightening in...

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The End of the Credit Growth Approaching

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Posted 2008-01-3

Uswitch conducted a study which was supported by the Financial Services Authority (FSA). This study reveals that almost 25% of 44 year old people are worried about their bills due in the New Year. Moreover, these people had no recollection...

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Something That Mortgage Borrowers Should Watch Out For – Rate Hold

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Posted 2008-01-2

A broker claim’s that The Bank  of England’s decision to hold the base rate this month could be bad news for Britain’s mortgage borrowers as this would mean an increase in the outgoings. Had a 0.25 percent cut been...

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Number of People Moving Towards Bankruptcy has Hit an All Time High

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Posted 2008-01-2

Nearly 130,000 people are moving towards bankruptcy this year, reports accountants KPMG. This is mainly due to their over spending over the Holiday season. The main causes of this problem has been an increase rate in mortgage payments as...

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Preparation is the Need of the Hour for High Pet Expenses

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Posted 2008-01-1

Many have advised that dogs are rather expensive pets and pet owners should be prepared for the high expenses. In order to handle their finances appropriately, the 5.2 million UK consumers who have at least one dog need to...

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New Credit Card for 2.6 Million In the New Year

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Posted 2007-12-29

A new research has revealed that nearly 2.6 million Britons have plans to switch credit cards in 2008. But 6.6 million will continue to hold on to their current credit card and thus pay an average of 16.82 percent...

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Nearly a Million Families Finding it Difficult to Pay Mortgages

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Posted 2007-12-18

A survey conducted by the Bank of England reveals that nearly a million families are finding it difficult to pay their mortgages and yet another 1.8 million have stated that on more than one occasion have they faced such problems....

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