Archive for December, 2007

Homeowners expect more financial pressures

by on December 3rd, 2007

TweetShareThe majority of British homeowners expect to face increased mortgage repayment demands when their current home loan deal expires, according to recent research. In fact, figures compiled by Lloyds TSB suggest that more than 70 per cent of homeowners in the UK anticipate having a greater debt management burden after the next time they remortgage. [...]

Posted in Debt Management, Houses and Mortgages | No Comments »

Economic outlook “highly uncertain”

by on December 3rd, 2007

TweetShareThe outlook for the UK’s economy has been described as “highly uncertain” by the governor of the Bank of England Mervyn King. Speaking at a recent Treasury select committee, Mr King suggested that a range of factors, including rising food and energy prices around the world are having an impact in the UK. “The outlook [...]

Posted in Creditor Behaviour, Debt Management, Houses and Mortgages | 1 Comment »

Which? warning of new credit card fees

by on December 1st, 2007

TweetShareBritish consumer have been warned to keep a close eye on their credit card arrangement details in the run up to Christmas to avoid being hit by newly introduced fees. Cathy Neal, senior researcher for consumer group Which?, suggests that a number of financial service firms are adjusting their lending practices in the wake of [...]

Posted in Creditor Behaviour, Personal Debt | No Comments »

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