The data for April has just been released by the Council of Mortgage Lenders and it paints a grim picture of the mortgage market in the UK. In fact, mortgage lending has ground to a halt and it is now...
The year is only one-third over and it seems as though the news goes from bad to worse in the area of personal finance. Not only have Britons been hit with the fact that the UK is caught up in a doubl...
Since the debt crisis began a little more than two years ago, home values have been dropping which has placed many of those homeowners in a negative equity mortgage. When property values were steadily...
At the moment it is estimated that more than 7% of all home loans are in negative equity. Unfortunately, market analysts believe that number is soon to more than double based on tax lending and fallin...