While the housing market has demonstrated some indications of recovery over the last few months, there is one sector of the potential customer base that remains somewhat pessimistic about the potential of buying a home.
Archive for May, 2009
Hopes of First Time Home Buyers Remain Low
Posted in Mortgages & Property on Tuesday, May 26th, 2009 at 09:59 by Jessica Haynes.
Confidence in Business Community is Slowly Increasing
Posted in General on Tuesday, May 26th, 2009 at 09:55 by Jessica Haynes.
According to a survey recently conducted by the Institute of Chartered Accountants in England and Wales, members of the business community are beginning to demonstrate confidence in the eventual recovery of the economy and an end to the recession.
Debt Advice Organisations Struggle to Keep Up With Demand
Posted in Debt on Friday, May 22nd, 2009 at 10:17 by Martyn Shaw.
With the demand for debt counselling at an all time high, many debt management organisations are investigating new ways to meet the demand and still provide reliable advice to people who need help with their finances. One potential approach involves qualifying queries and routing individuals who demonstrate more financial aptitude to a programme that includes self-help after equipping the client with the necessary tools.
Cost of Calling Mobile Phones May Drop Drastically
Posted in General on Friday, May 22nd, 2009 at 10:15 by Martyn Shaw.
BT and a number of lobby groups, charities, and even a mobile phone service provider are seeking to minimise or do away with the termination charges that are incurred when anyone dials a mobile phone from a landline. Joining BT in this measure are organisations such as the Federation of Small Businesses, the National Union of Students and Carers UK. Among mobile service providers, 3 Mobile has endorsed the action.
Mortgage Lending Remains Low Despite Increased Buyer Interest
Posted in Mortgages & Property on Friday, May 22nd, 2009 at 07:10 by Jessica Haynes.
While the housing market is enjoying a period of renewed interest in terms of people who are looking at new homes, the number of mortgages granted remains well below the levels reported for one year ago. According to the Council of Mortgage Lenders, figures for April 2009 were still 60% below the figures for April 2008.
Will The Recession Be Over By The End of 2009?
Posted in General, Money Saving on Thursday, May 21st, 2009 at 10:27 by Martyn Shaw.
Despite some criticism, Chancellor Alistair Darling is holding his ground: the recession will be over by the end of this year.
Stabilisation of House Prices Anticipated by Mid-Year
Posted in Mortgages & Property on Thursday, May 21st, 2009 at 10:25 by Jessica Haynes.
Opinions from the Royal Institution of Chartered Surveyors indicate that the housing market will continue to become more stable and should be more or less levelled by the middle of the year. However, while housing prices are expected to stabilise, RICS sources do not see an upswing in the number of higher loan to value ratio offerings emerging from lenders.
Lloyds Decides to Lend A Hand To First Time Buyers
Posted in Mortgages & Property on Thursday, May 21st, 2009 at 10:22 by Jessica Haynes.
Lloyds TSB has announced a new programme, known as Lend A Hand, that is designed to get new homeowners financing for the home of their dreams. Unlike other programmes, Lend A Hand requires no more than a 5% deposit to qualify for the loan, making it easily the lowest deposit required on any type of mortgage issued today. This is the first time Lloyds has offered terms of this nature since April of 2008.
Railcard Price Increases Impact People In Many Walks of Life
Posted in General, Money Saving on Wednesday, May 20th, 2009 at 09:52 by Jessica Haynes.
Railcards are often a great way to save money on fares associated with rail travel. However, they’re not as cost effective as they once were. Network, Friends and Family, and Young Persons’ railcards have all experienced a recent rate increase.
Long-Term Care – Are you Financially Prepared?
Posted in General on Wednesday, May 20th, 2009 at 09:50 by Martyn Shaw.
One of the results of the current recession is that people who once thought they had made adequate provision for their later years are wondering how they will survive in the event they need long term care. Not everyone has family to see to their needs, or the funds to hire carers to do what they cannot do for themselves.
