Rate War Predicted for Fourth Quarter

At last there is some good news for debt-ridden British consumers: instead of the expected increase in mortgage rates, about which we have written repeatedly in the past, the rates might actually be heading down in the near future. The news comes after a survey by the Bank of England released a few days ago […]

Expensive Bills and Mortgages Prevent Britons from Becoming Homeowners

A new study reveals that nearly 25% of tenants now have no other choice but to spend half or more of their income on rent. The study also found that 30% of tenants consider their rent bills to be unaffordable. SpareRoom.co.uk, who conducted the study, also discovered that nearly 20% of tenants never expect to […]

Man looking worried about debt

House sales in the UK are set to rise

According to the Royal Institution of Chartered Surveyors’ house sales in the UK are set to rise. The next three months are looking positive for the UK housing market. Rics have predicted a rise in UK house sales and have put this down to the support for mortgage lending. In recent months the Bank of […]