Mortgage lending at all time low

Sunday, November 16th, 2008

It’s been a week of yet more bad news for UK property owners as it’s being reported that home sales are falling drastically, primarily because mortgage lending is down by 70%. The figures are the result of a survey commissioned by the Royal Institution of Chartered Surveyors (RICS) and it showed ...

Credit crunch forcing couples to delay separation

Wednesday, September 10th, 2008

The present difficulty in getting credit and/or being able to sell property may be playing a key role in keeping couples together, according to research from online banking group Cahoot. More than one quarter of UK consumers surveyed by Cahoot said that they are less likely to separate from their partner ...

Brits move abroad to escape credit crunch

Friday, September 5th, 2008

More and more Brits are leaving the UK to set up home abroad due to the credit crunch, according to currency specialist 'HiFX'. Last year, record numbers of UK citizens moved abroad permanently and the company states that enquiries about emigration have increased by 30% this year. The findings suggest that Brits may be feeling the economic effects ...