Families Called Upon To Provide Deposits
Monday, April 28th, 2008
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.
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.
The availability of loans and other types of borrowing may be set to diminish, a new Bank of England report shows.
Prospective first-time buyers are putting themselves under more financial pressure in an attempt to get on to the housing market, new research indicates.
Homeowners across the country will undoubtedly have woken in recent mornings and noticed the autumnal chill in the air.
The Bank of England’s monetary policy committee (MPC) has voted to keep interest rates consistent for this month, it has emerged.
The cost of becoming an adult in present-day society is causing stress and strain on the finances of parents, according to the latest research from the Children’s Mutual.
As the school term approaches, many parents are likely to be heading to the shops once again to invest in clothing and equipment for their children - but cheap loans might be a better way of covering the outlay than taking on store cards, which many commentators have said are a costly way to fund such purchases.
Property prices continued to rise over the course of last month despite reports that the market is stablising, it has been revealed.
An increasing number of Britons are becoming unable to afford the cost of property, new figures have indicated.
Homeowners considering taking out a fixed-rate mortgage deal are being advised to take the time to check the full terms and conditions of the product.
Choosing a discounted or tracker mortgage product could be an increasingly competitive option for homeowners, it has been suggested.
Consumers thinking about signing up to a long-term fixed-rate mortgage deal should consider the product carefully, an industry expert has advised.
Prospective first-time buyers and homemovers alike are looking to fix their monthly mortgage repayments, new figures reveal.
The amount of mortgage payments missed this year is approaching the 500,000 barrier, new figures from MoneyExpert reveal.
Those consumers wishing to maintain their secured loan costs should look to act as soon as possible, it has been suggested.