Archive for May, 2007

TweetShareWith the country’s debt management problems continuing to increase, the financial services firm has suggested that there are now around 8.5 million “secret spenders” across the UK. Consumers living in London are among the most likely to lie about the costs relating to a particular purchase, while 34 per cent of those polled indicated that [...]

TweetShareHoward Archer, chief UK and European economist at Global Insight, maintains that despite a fall in consumer price inflation to 2.8 per cent the bank’s monetary policy committee is set to raise rates to 5.75 per cent at least. The decision would further heighten financial pressures already affecting the millions of consumers around the country [...]

TweetShareDebt management problems affect thousands of households nationwide and Charcol.co.uk suggests that by tailoring mortgage advice for these borrowers some of these difficulties could be alleviated. To highlight he extend of Britons’ need for sound debt advice, Charcol.co.uk points to figures showing that homes owned by consumers with a poor credit history account for around [...]

TweetShareAs debt management problems continue to affect families around the country, more homebuyers than ever have taken steps to avoid being susceptible to changes in the base rate of interest, figures from the Mortgage Trust have revealed. In fact, fixed-rate mortgage arrangements now account for the majority (60 per cent) of all home buying deals [...]

TweetShareAnd as debt management problems are compounded nationwide, the financial services firm has revealed that nearly one in 20 households affected financially by their neighbours’ actions pays out more than £1,000 in related costs. Furthermore, a total of around 543,000 households around the UK are affected in this way by those living close to them [...]