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Posts Tagged ‘ arrears ’

Rescued Banks charge extortionate rates for personal loans

Rescued Banks charge extortionate rates for personal loans

As a provider of  money saving advice , I can understand banks and finance institutes charging high interest rates to clients that have a less than perfect credit report where they have missed payments, fallen into arrears, been issued with defaults and county court judgements. But it looks like these banks were charging these...
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Home buying is at the lowest level for 34 years

Home buying is at the lowest level for 34 years

The Council of Mortgage Lenders says that in 2008 there were 46% fewer first-time buyers than in 2007. Those first-time buyers that did get on the housing market were reported to have put down a 22% deposit on their new home. Estate Agents and Mortgage brokers would like to forget 2008 as it was...
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Are homebuyers being frozen out of the mortgage market?

Are homebuyers being frozen out of the mortgage market?

The number of homes changing hands fell to a record low in December despite an increase in the number of buyer enquiries having risen for the second month in a row according to the Royal Institution of Chartered Surveyors (RICS).  They also said that sales are at their lowest levels since records began in...
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