Mortgage lending improves but property sales stagnate

There has been some mixed news for the property and mortgage markets recently, as figures have shown that whilst mortgage approvals have increased the number of property sales has stagnated. Mortgage lending has been depressed for some time in the UK as a result in increased restrictions from lenders and higher deposit demand, which many [...]

Consumers urged to keep comparing personal loan rates

There are many people who decide to take out a personal loan for one of a variety of different reasons and anyone that takes out such a loan wants to try and get the best deal possible in terms of the interest rate charged, the monthly repayments and the terms of the loan. However, in [...]

First time buyer age could reach 35

Most people are well aware that the financial and economic climate has been very difficult over the past few years, and his has had a huge impact on the property and mortgage sectors, resulting in some groups finding it increasingly difficult to get a mortgage. First time buyers have been amongst the worst hit when [...]

Pay freezes could lead to more debt

There are concerns that continued pay freezes amongst public sector workers in particular could lead to increased debt, as households continue to struggle trying to cope with soaring living costs on salaries that are not rising. Even employees that are receiving a pay rise are finding that the increase is nowhere near enough to cover [...]

Personal loans being used for home improvements

People take out personal loans for a wide variety of reasons, and over the years many people have used personal loans for everything from buying a car or paying for a holiday to paying for their wedding or consolidating debt. However, it seems that these days more and more people are taking out personal loans [...]