In general, property prices appear to be rising. Between January and May 2006, the uplift in house prices across the United Kingdom averaged 4.4%. In the event that this trend continues, then the yearly rise will be 13%. This will put the average house price at almost £195,000.
The Council of Mortgage Lenders confidently expects 1.2m [...]
One of the most unpleasant consequences of failing to pay your mortgage is “repossession” of your property. This is a problem that is affecting an increasing number of homeowners throughout the country.
The first notification will be from the lender warning of the consequences should you not keep up your payments on the mortgage. If your [...]
and gloom as the average price of a UK home has fallen to levels last seen in August 2004. We have seen house prices fall by 16.2% in 2008 which is said to the biggest annual drop since records began.The average UK price fell by a further 2.2% in December, to bring the average cost down [...]
“Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock in a rate like that for the next ten years, and you’ve got it made.Not so fast. That rate may not be the [...]
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