Repossessions | Money Saving Expert provides up todate information and advice to help you improve your family finances

How fit are your finances?

Welcome back!Applying for a new loan or credit card is a competitive business, with the best deals going to the people who have the fittest credit history. If you want to be in the running, you need to remember the old fable and act like the tortoise, taking time to manage your money, rather than [...]

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Are homebuyers being frozen out of the mortgage market?

Posted on January 13th, 2009 by Mark in Advice and Information, Credit Crunch, Debt Management Schemes, Debt Problems, Individual Voluntary Arrangements (IVA), Mortgage Market, Recession, Remortgaging in todays market, Repossession

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 1978. [...]

The collapse of AIG and its impact on the Mortgage and Banking System

Posted on December 1st, 2008 by Mark in Advice and Information, Bankruptcy, Credit Crunch, Mortgage Market, Recession, Remortgaging in todays market, Repossession

Most people have no real understanding of the impact of the American Insurance Group or AIG on the mortgage market and the global banking system and how close we came to Financial Armageddon. All of a sudden the dominoes started to fall and the Federal Reserve Bank of America started to pick and choose who [...]

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Tags: AIG, American Insurance Group, Bankruptcy, banks, Credit Default Swaps, homeowners, Interest Rates, Lehman Brothers, Mortgage, Recession, Repossession, Repossessions, unemployment

UK Mortgage Market expected to be stagnant for three years

Posted on November 25th, 2008 by Mark in Advice and Information, Credit Crunch, Mortgage Market, Remortgaging in todays market, Repossession

The Treasury Department has commissioned Sir James Crosby, the former chief executive of HBOS, owner of the Halifax and the Bank of Scotland to carry out a report on the mortgage market. His report suggests that he feels the mortgage market will be paralysed until 2010 as there will be a shortage of mortgage finance [...]

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Tags: homeowner, housing market, Interest Rates, Mortgage, mortgage lenders, pre-budget, quick mortgage, remortgage, Repossessions, UK housing market

Do Debt Management Advisors bite? | Debt Management Expert

Posted on November 1st, 2008 by Mark in Advice and Information, Bankruptcy, Consumer Help, Consumer Solutions, Debt Management Schemes, Debt Problems, Individual Voluntary Arrangements (IVA), Repossession, Sale and Rent Backs

We are generally apprehensive of the unknown and this is true of contacting debt Management organisations as we don’t know what to expect. When you have made contact with a Debt Management charity you should then be put through to a debt management advisor. The debt advisor will assess your current personal financial situation and [...]