Finance News

Home Buyers Need Government Help

Recent reports by a major building society says that Stamp Duty has a measured burden on potential home buyers. David Cameron has pledged to eliminate this tax to offer more relief to those seeking a mortgage... Read More

Good News For Homeowners

If house prices continue to fall, first time buyers stand a good chance of finding an affordable deal compared to this time last year. Buy-to-let landlords should also see the rental market improving... Read More

What Did The RICs Report Really Say?

The recent report by RICS has stirred up a bit of a panic with claims such as repossessions increasing in 2008, however, it also points out that compared to the early 90s, many economic factors today are much better than 16 years ago... Read More

First Time Buyers Desperate For Relief

Experts fear that many first-time homebuyers are on the edge of poverty. Reports are showing that 43% of homeowner income goes toward mortgage interest leaving them vulnerable... Read More

2008 Offers Fewer Mortgage Choices

Since the 'credit crunch' began in the last quarter of 2007, many lenders have tightened their criteria making it more difficult to obtain a mortgage than this time last year... Read More

Cameron To Fight Poverty

David Cameron is pledging to help make poverty history. He eluded to cutting certain taxes such as inheritance and stamp duty tax, the latter being the fourth most hated tax in the UK according to one survey... Read More

Housing Market Hits Low

The UK housing market is reported to be at its lowest since the recession of 1990. Some experts are saying we are currently witnessing a 'meltdown' in the UK property market... Read More

UK Homeowners Do Not Need To Worry

Some analysts are saying that recent industry reports may be confusing mortgage borrowers. Additionally, homeowners need not worry about mortgage rates unless they suffer from bad credit... Read More

Which? Protects Consumers From Unnecessary Fees

Independent website Which? says they will strive to make public those banks who charge their customers new fees in order to recoup their (the banks') bad-debt losses... Read More

Parents Bailing Out Adult Children

Criticism of parents, and even grandparents, helping their children pay for credit cards, overdrafts, and mortgages claimed detrimental... Read More