All About Loans News

New statistics from the Ministry of Justice (MoJ) have shown that mortgage possession claims in county courts throughout the UK have risen by 16 per cent compared with last year.

The Association of British Travel Agents (ABTA) has said that while purchasing travel insurance may be viewed as an additional expense for those planning already expensive holidays, taking out adequate protection is an essential course of action for those booking a trip away.

According to a report published by advisory service provider Saga, debt levels are one of the least commonly discussed areas of personal finance among Britons.

Commenting on recent research suggesting that 18,000 people are refused credit daily, a spokesperson for financial advice resource Fool has said that there are limits on the amount that banks can loan in a tightened economic environment.

The number of insolvencies applied for by British consumers is increasing, according to new figures.

Consumers who have numerous debts on credit cards may find that their financial situation takes a turn for the worse in the coming months as lenders tighten the screws.

Many young Brits are putting their financial futures at risk by trying to fund a fashionable lifestyle that is beyond the reach of their wallets, it has been claimed.

Now that spring has firmly arrived, one personal finance provider is warning gardeners to think carefully before making major changes in the garden near to their house.

Those attempting to purchase their first home are increasingly looking to their family to help stump up the initial deposit needed, it has been claimed.

While attempting to cook up a spectacular dish, people are advised against also landing their finances in hot water.

The tradition of children borrowing from parents to cover costs such as mortgage deposits and paying off loan debts is starting to see a role reversal, with many parents now turning to their grown-up kids for loans in order to ensure financial security.

With widespread concerns over the stability of the housing market escalating in recent months, new statistics have shown that approval rates for mortgage loans fell by 50 per cent during March 2008.

Despite widespread concerns about the stability of the housing markets and widespread belt-tightening in the face of a gloomy financial environment, cash-strapped families are still reluctant to give up their summer holidays in order to save money.

A newly-published study has shown that as many as 6.8 million Britons are indebted to their energy suppliers, with the recent price hikes enacted by all major providers likely to further exacerbate the financial strain of running a home.

Millions of Britons are putting themselves at risk of financial difficulty in an effort to maintain middle class spending habits, a moneysupermarket study has suggested.