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Independent Financial Advisors (IFA) suggested that more and more of their clients are turning to emergency savings, credit cards and loans.
New research analysing the price and sales movements by property type across the UK over the past ten years has produced some intriguing results.
Almost 7% of the Association of Residential Lettings Agents (ARLA) member offices reported there were more tenants than available properties due to the vagaries of the current housing market.
The FCA published a report today highlighting the number of people with interest only mortgages facing shortfalls when the mortgage term ends.
Yorkshire Building Society has just launched a best buy five year mortgage.
The Financial Services Authority (FSA) has today proposed affordability tests making lenders responsible for a customers means to take out a new mortgage.
The FSA appeared unwilling to challenge the BoI rate rise but after a public dressing down, the FCA might be looking at the problem a bit more seriously.
Home owners with interest only mortgages should review their options. With interest-only out of favour, repayment mortgages may offer better value.
Metro Bank is the first new bank to hit the high street in over 15 years at the end of July, yet research has shown only 38% of us would consider moving to a new bank.
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