Sub-prime interest rates on the rise
September 12, 2007 | Leave a Comment
The squeeze on credit is beginning to find its way through to UK consumers. Prospective home buyers with poor credit histories are finding that lenders have tightened their loan criteria after the collapse of the sub-prime market in the US.
Stock market turbulence to affect London housing market
September 11, 2007 | Leave a Comment
The recent turbulence on the stock market will reach out and affect markets in different ways. It is likely that City personnel will see their annual bonuses cut by as much as 20% this year as a result of the falls in the financial markets. It will mean an end to seven-figure handouts after four years of investment banking boom, and will undoubtedly result in a fall for demand in the top-end housing market.
Students face debt crisis
September 10, 2007 | Leave a Comment
Huge debts accumulated at university could cause students to go bankrupt, a study has claimed. The study, compiled by price comparison website uSwitch.com, estimated that one in ten students could be declared insolvent after they have had to borrow thousand to pay for tuition fees, accommodation and living expenses.
Free legals: good value for money?
September 7, 2007 | Leave a Comment
Are free legal services good value for money (i.e. is free really worth it!)?
London house prices fall
September 6, 2007 | Leave a Comment
London house prices have fallen backwards for the first time this year. Often seen as the engine of the property market across the country, asking prices in the capital have fallen for the first time in 2007.