Blog Home » January 2009
Finance Markets Debt consolidation could save UK £20 billion in Comments - 27/01/2009
Better debt management could save Brits up to £20 billion, according to price comparison site uSwitch.com. With total personal debt across the nation at £1.45 trillion, borrowers in the UK pay out £98 billion in interest every year. New research by uSwitch found ... more
New mortgage lending down 52% in 2008 in Comments - 27/01/2009
The British Bankers’ Association (BBA) has reported that lending for house purchases fell by 52% during 2008. However, in December the Association’s members approved 22,000 home loans, up from 17,000 a month earlier, although still down 47% on December... more
Financial Services Authority estimate 340,000 mortgages in arrears in Comments - 27/01/2009
The Financial Services Authority has calculated that, by the end of Q3 2008, 340,000 mortgages were in arrears. This figure dwarfs the Council of Mortgage Lenders’ 210,000 predicted arrears cases by the end of 2008. It found there was a huge rise in arre... more
Displaying 1 to 3 of 7 Debt related news articles :: Older