Does anybody know how to solve the problem?
Billions of pounds have been thrown at our banking industry to save it by the British government, unemployment has risen above two million, saving and mortgage interest rates are at their lowest levels ever, house prices are still tumbling down, inflation is high on food costs at 11.3% [...]

Not very well the banks still don’t trust each other and they have found it hard to raise money to lend to us. The value of houses has dropped and property valuers are down valuing our properties. The number of mortgage interest rates available today is down from around 21,000 a year ago and today [...]

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Mark is a professional Mortgage Adviser. The Information provided here is for information and entertainment purposes only. The content and information within Talk Money Blog does not constitute financial advice. Talk Money Blog provides general information and does not attempt to provide you with advice that relates to your specific situation. You should discuss your specific issues with an independent financial adviser. Enjoy reading and do come back often!