Introducer Today
Friday 3 July 2009
Number of fixed rate loans plummets
Thursday 2nd July 2009 1 commentsThe number of fixed rate mortgage loans on offer fell by 23 per cent in June. Figures from sourcing system Mortgage Brain show deals falling from 1,905...
Government falls short on council house targets
Thursday 2nd July 2009 0 comments
Brokers unsettled by shoddy debt advice services
Thursday 2nd July 2009 0 comments
Paradigm offers enhanced proc fees on bridging finance
Thursday 2nd July 2009 0 comments
Lenders throw £8.8bn of unrequested credit at card holders
Thursday 2nd July 2009 0 comments
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HOUSE PRICES WILL STOP FALLING AND RENTAL SECTOR SET TO BOOM THIS YEAR, EXPERTS AGREE
House prices will stop falling this year, leading figures from the property industry agreed at the Land Data Great Housing Market Debate, hosted by the Wriglesworth Consultancy, held in London this week. However, the panel were unanimous in their belief that it could be a case of “green shoots, no roots” if the partially nationalised banks do not enable lending to return to healthy levels. A main consideration of the Government must be guaranteeing longer term stability and discouraging the boom and bust culture that has previously been the norm.The panel also predicted a major expansion of the private rental sector, driven by a surge in demand from young people continuing to rent much later in life due to the need to save larger deposits following the recent change in lending criteria and the end of 100% mortgages.
David Miles, Chief Economist at Morgan Stanley, said: "Reduced loan to values will bring about an increase in the age of the average first time buyer, as we return to a culture of saving for deposits. This will probably mean that the private rental sector will need to expand through private buy to let landlords or professional investors."
John Heron, Managing Director of Paragon Mortgages, ...More
Our economy is in such a state that things like "debt" are hot conversation topics both on the news and in the pub. However, if you’re like many people, you might not understand what options are available to help reduce debts. Read on to learn about DMPs and how they can help you get out of debt.
For more information on DMPs and a number of other professional debt solutions, such as an IVA, simply call the number at the top of this page. For immediate help with your debts please call The Debt People on 0161 927 8001 today.
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For more information on DMPs and a number of other professional debt solutions, such as an IVA, simply call the number at the top of this page. For immediate help with your debts please call The Debt People on 0161 927 8001 today.
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