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How Best To Avoid Repossession

Published on November 30, 2010 | Author: 

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Our tips for stopping your home being repossessed Repossessions in the UK are becoming a big problem again.  Increased unemployment coupled with reduced benefits and increased taxes are pushing people’s budgets to the limits, often meaning their income doesn’t cover all the necessary outgoings. Over 40,000 homes were repossessed last year and whilst rates of [...]


Social Development Minister Opposes Benefit Cuts

Published on November 27, 2010 | Author: 

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Alex Attwood hits out at new benefit proposals Social Development Minister, Alex Attwood is being criticized by senior members of the DUP and UUP for not agreeing with the governments new proposals to make benefit cuts, particularly housing benefit. Mr Attwood spoke to members about changes to welfare and said: “I will resolutely oppose certain [...]


Subdued Scottish Housing Market

Published on November 25, 2010 | Author: 

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7% Fall In Home Buyer Loans The mortgage market in Scotland continues to be subdued in Q3 despite seeing an increase of 5% in property purchase loans, according to the CML. Latest figures from the CML highlight that there were 13,500 house purchase loans advanced in Scotland between July and September, a 5% increase on [...]


Still Paying For Christmas 2009? Millions Could Be Affected By Repossession

Published on November 24, 2010 | Author: 

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Not Settled your Credit Card Bill From Christmas 2009? Latest figures show that 2.3 million people have outstanding balances in their credit cards from 12 months ago. 6.9 million people, or one in  seven, borrowed to finance Christmas 2009 , a third of who are still trying to clear their debts a year later. Of the millions [...]


Mortgage Benefit Cut Means Many May Be Repossessed

Published on November 20, 2010 | Author: 

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Cuts to SMI leave thousands facing repossession In October, the SMI benefit which helps families in financial distress cover the interest on their mortgages, and includes pensioners, was almost halved.  The upshot of this will be that thousands more people who were already struggling financially will now not be able to afford their mortgage payments [...]


Property Prices Fall Four Out Of Five Months

Published on November 19, 2010 | Author: 

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Prices fall again and mortgage lending is at lowest level in a decade Rightmove have reported that sellers cut their asking prices by 3.2% in November which is the largest drop since December 2007. The government’s spending cuts and increases in taxes, announced a month ago, are thought to be largely to blame for people’s [...]


Lose: Lose Situation – House Prices Certain To Nose Dive

Published on November 18, 2010 | Author: 

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There are many reasons why prices will continue to fall The UK’s housing market is continuing on it’s dark path.  Activity within the market has slowed thanks to the lack of mortgages available, prices have been falling again and all the information we have points to the likelihood that prices will certainly fall further. Consumer’s [...]


Cameron Insults People Worst Affected By Recession

Published on November 17, 2010 | Author: 

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Those affected by the economic downturn aren’t likely to agree with David Cameron’s speech Last night, the Prime Minister spoke at the Lord Mayor’s banquet during which he made comments that those worst affected by the recession, through unemployment and pay cuts, probably will not agree with. Mr Cameron boasted that: “Britain remains a great [...]


Property Prices Biggest Monthly Drop In 3 Years

Published on November 16, 2010 | Author: 

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Asking Prices Slashed By 3.2% In November This month, according to Rightmove, new sellers have cut their prices by 3.2% in a bid to sell amid the early Christmas slow down which has brought the housing market to a virtual standstill.  Rightmove claims that both buyers and sellers attitudes are now to ‘wait and see’ [...]


NHS May Lose 100,000 Staff

Published on November 13, 2010 | Author: 

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Despite the government promising not to make cuts to the NHS, tens of thousands of doctors, nurses and other hospital staff face losing their jobs as £20bn is slashed As many people are facing job cuts and redundancies, you may be worried about how to cover your finances. Quick Cash for Properties can help by [...]


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