Archive
This Month's Top Articles
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Loans UK news (page 9):
 | Credit crunch hits landlords as 'tenants refuse to pay' |
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| 29th October 2008 | Tenants who are struggling with money because of the economic downturn and not paying their rent on time are causing "horrific problems" for landlords, it has been claimed.
The Residential Landlords Associations (RLA) says that many landlords are in danger of going out of business... | |
 | Brits have "right attitude" toward the credit crunch |
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| 29th October 2008 | Some people in the UK have the right attitude towards the credit crunch and are dealing with it in the correct way, according to the Consumer Credit Counselling Service (CCCS).
Although there is a chance that more Brits will apply for loans to get themselves through any financial difficulti... | |
 | Lenders urged to 'decrease interest rates for homeowners' |
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| 28th October 2008 | Mortgage lenders have been told they need to "pass on interest rate decreases" so that homeowners are not struggling to make repayments on their loans when money may be tight over the next few months.
The Homeowners Advice Centre said that people should be able to benefit from the... | |
 | UK recession could be "more serious" than the 1990s |
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| 28th October 2008 | The recession in the UK could be "more serious" than the one in the early 1990s, it has been claimed.
According to Defaqto, the average household is in more debt than it was ten years ago.
Similarly, in 2011 some of the 'baby boomer' population will begin to reach the age... | |
 | ABI: Insurance industry should remain resilient |
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| 18th October 2008 | According to the Association of British Insurers (ABI), the insurance industry is still in a strong position and will remain resilient despite other financial services struggling during the credit crunch.
The association suggests that in the future this should continue as long as the indust... | |
 | Credit crunch means 'employees fear for their jobs' |
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| 17th October 2008 | People are becoming increasingly worried about job security as the pressures of the credit crunch mean more employers are making staff cuts, it has been revealed.
A quarter claim they are working longer hours in an attempt to make sure they do not lose their job and two in five say stress l... | |
 | CML: Caution advised over sale and lease back schemes |
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| 15th October 2008 | People who cannot afford a mortgage or loan for a new home may consider sale and lease back schemes where they sell their house but then continue to live in it as a tenant.
However, many consumers deciding to do this are in danger of being disadvantaged, the Council of Mortgage Lenders (CML... | |
 | Record low for UK home loans |
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| 15th October 2008 | The number of home loans in the UK reached a record low in August, figures from the Council of Mortgage Lenders (CML) reveal.
Only 42,000 loans were granted - which is 59 per cent lower than the same time last year.
Their value also dropped to £6 billion, which is a decrease o... | |
 | Homeowners urged to save money by going green |
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| 15th October 2008 | People who are trying to save money because of the credit crunch are being advised that they can help the environment and cut back on their fuel bills.
Friends of the Earth (FOE) claims that doing simple things, such as turning off light switches and using energy saving bulbs, can reduce bi... | |
 | Don't stash cash at home, warns esure |
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| 11th October 2008 | People have been warned against withdrawing money from banks during the credit crunch and stashing their cash at home.
This is because many will not be covered by their home insurance should anything happen, esure says.
Some policies will only cover what is considered to be 'loose ... | |
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