Saturday, November 29th, 2008
The Global Credit Crisis seems to claim a new victim everyday, it started with the banks Northern Rock, HBOS and RBS amongst others now its retail the two highest profile victims being Woolworths and MFI. Who's next?
Heres some tips to credit crunch proof your finances and make sure you ...
Posted in Credit crunch, Personal Finance | No Comments »
Friday, November 28th, 2008
The Council of Mortgage Lenders has reported that the number of people in arrears with their mortgage at the end of September this year was 168,000, which is 8% higher than the 155,600 who were in arrears at the end of June.
By December, that figure is likely to rise dramatically ...
Posted in Credit crunch, Debt, Personal Finance, Property Prices | No Comments »
Tuesday, October 28th, 2008
First, there has to be a valid legal reason for your mortgage lender to repossess your home. The most often cited reasons are mortgage arrears, failing to pay loans secured on your home and bankruptcy.
If a home owner doesn’t keep up with the mortgage repayments or a secured loan, the ...
Posted in Credit crunch, Debt, Personal Finance, Property Prices | No Comments »