Quick Links

Finance News

December - A Base Rate Cut to 5.5% should help many people in hte run up to Christmas. Those with Base Rate Trackers should see an immediate change in their mortgages.

November - An Experian report indicates that house prices could drop over half the country over the next 18 months. Difficulties in gaining a mortgage offer and potential hice price drops are putting people off buying.

October - Britain faces it's first recession for 16 years, warn experts. Buy-To-let investors and first time buyers are particularly exposed to the growing economic problems.

October - In the wake of the Northern Rock crisis the Government has promised savers it will protect the first £35,000 of their savings, with further changes next year potentially protecting up to £100,000.

October - House prices fell by 0.6% in September, following the Northern Rock crisis and the recent interest rate rises.

Debt Consolidation Loans and Services

If you are struggling to keep up with payments on existing loans, credit cards and store cards, then a debt consolidation loan might be able to help you by bringing the debts together and arranging a single loan. But this usually implies spreading the same loan over a longer time period, which will mean that you are paying more in the long run.

Speaking to a Debt Advisor might help. Instead of arranging another loan they might be able to help you rearrange payments that you can afford. These services can be free of charge, so it's worth asking one or two for advice.