Money Advice and Tips to coping with redundancy

Posted on November 9th, 2009 by Mark in Advice and Information, Consumer Help, Consumer Solutions, Credit Crunch, Credit File Reports, Debt Management Schemes, Debt Problems

As a finance guru I am often asked for tips and advice for someone who has just been made redundant. How should they cope with protecting their finances and their credit report? The spectre of losing your job can be terrifying, especially when vacancies are at a record low. But once the initial shock [...]

Tenants, Beware of Buy-to-Let landlords when renting

Posted on February 23rd, 2009 by Mark in Advice and Information, Credit Crunch, Mortgage Market, Recession, Repossession

The Council of Mortgage Lenders (CML) has released figures this month that show a sharp rise in homes being repossessed. The figures show that 40,000 people lost their homes last year which is up from 26,200 in 2007. These figures also included buy-to-let repossessions from landlords with buy-to-let mortgages and landlords who are renting out [...]

Payment protection Insurance (PPI) claims are up 118%

Posted on February 18th, 2009 by Mark in Advice and Information, Credit Crunch, Mortgage Market, Payment Protection Insurance (PPI), Recession, Remortgaging in todays market

News Update
The Association of British Insurers (ABI) announced that the number people claiming unemployment had risen sharply from 8,772 in November 2007 to 19,105 in January this year. The effects of this recession are now starting to have a direct impact on ordinary people who are now losing their jobs. Losing your job can be [...]

Can small businesses survive this recession?

Posted on January 28th, 2009 by Mark in Advice and Information, Consumer Help, Credit Crunch, Recession

Tougher times are expected for small and medium sized business. Business failures are expected to rise by a staggering 50% which means that failed businesses could peak around 32,400 in 2010; this would be the highest level recorded since 1992. The Federation of small businesses said that they had recorded a dramatic increase of 214% [...]

Payment Premium Insurance (PPI) to be axed by the big banks

Posted on January 20th, 2009 by Mark in Advice and Information, Claiming Bank charges, Consumer Help, Consumer Solutions, Credit Crunch, Mortgage Market, Payment Protection Insurance (PPI), Recession, Remortgaging in todays market

The Financial services Authority (FSA) has fined banks and lenders for the mis-selling of Payment Premium Insurance (PPI) and for failing to treat their customers fairly. Payment Protection Insurance cover (PPI) is sold to borrowers to cover them against the risk that they may not be able to pay their monthly payment on a credit [...]

Talk Money Blog

Disclaimer:

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!