Finance News

Unemployment Increases As Economy 'Balances'

Over the past 10 years the UK has witnessed unprecedented growth. Experts are now saying that this is about to change... Read More

Mortgage Lending Slump Continues

Mortgage activity is slowing down in the UK. This is partly resulting from lower demand and partly because of less supply. As a result, house price growth is expected to be zero, or close to it... Read More

Lower Interest Rates Will Not Help House Prices

House prices fell again in December. Lack of affordability and several base rate increases is now leading to a sharp correction, putting pressure on the Bank of England to continue lowering rates... Read More

Lenders Are Not Passing On Base Rate Cut

Most UK mortgage lenders are not passing on the benefits of the recent Bank of England cut in the base rate. However, even if rates are decreased, it may not be enough to lower mortgage costs... Read More

Interest Rate Predictions For 2008

The Bank of England will decide this month if there is another rate cute on the horizon. Some predict up to 4 rate cuts this year and the Bank is keen to thwart a recession... Read More

House Prices Drop In 2008

Expect to see house prices drop in 2008. With increased affordability pressures and UK banks tightening their lending criteria, an impact on the housing market is forthcoming.... Read More

Debt Problems Will Double In 2008

Leading debt analyst company says the number of UK consumers suffering from debt will double in 2008. ... Read More

Debt Advisors Dealing With Christmas Credit Crunch

Debt Advice companies expect plenty of worried consumer contacting them early this year and this includes homeowners... Read More

Understanding The Current Mortgage Turmoil

Home repossessions were up in 2007 and expected to increase by as much as 50% in 2008. Banks simply repossessing a property may not be the best short term solution... Read More

Mortgage Holders Can Relax

Expert analysts are feeling quite confident that considering the UK's current economic condition, more rate cuts can be expected in the near future... Read More