Selling a home is a tough task at the moment. Buyers are hunting for bargains and with banks and building societies reluctant to lend many potential homebuyers are struggling to raise finance.
But while sellers could be forgiven for thinking that doom and gloom headlines mean they have no chance of ever shifting a property, […]
Despite the ongoing stock market bedlam embattled investors appear be taking a more aggressive approach to investing in the next tax year.
Given that the Bank of England has continually been hacking away at the bank rate since last October, the sentiment should arrive with minimal surprise.
With interest rates now standing at a […]
It's difficult to know where to draw the ethical line in the current economic climate should we be helping stores to stay afloat, or taking advantage of the massive savings to be made?
When it comes to our pockets, I think we all know the answer to that one and handily even […]
Quidco, the UK's largest cashback website, is offering a novel way to raise money for charities that will not see you having to dip into your pockets. Now you can donate as you shop.
Quidco's new service enables you to donate cash-back earned through buying goods online to a cause close to your heart - be […]
Due to the recent recession, the whole economy has been jeopardized and lenders are under extreme pressure by the Federal regulators, as well as their investors to turn their bad loans (non-performing assets) to good loans (performing assets).
The process of a foreclosure in the present economy is not an easy job. One hundred percent financing […]
While banking chiefs have come under the spotlight for the huge sums they are paid, the plight of rank and file bank staff who have lost much if not all of their savings, thanks to the spectacular collapse of the industry, has largely been overlooked.
Many banks encouraged their employees to buy […]
The average home has fallen 15.1% over the past year, leaving property prices back where they were before banks abandoned income multiple-based lending rules for affordability calculations.
The 0.8% slide in prices in January left the average property worth £156,753.
The switch to affordability calculations began in mid 2005 and gathered pace at the end of […]
If I register at their address would this cause a massive problem and invalidate my mortgage? M.R., South Kensington, London
Louise Cuming, head of mortgage and protection services at Moneysupermarket.com, replies: I am sorry to be the bearer of bad news, but unfortunately, the terms of your mortgage contract have already been […]
If you are having a bad credit, then you need to do a lot of hard work in order to fix it. It is important that you stay on top of your bad credit because it plays a significant role on your financial future. You will face a lot of troubles in obtaining any new […]
Tomorrow is the last day of a three-month consultation carried out by the Department of Business Enterprise and Regulatory Reform into the use of service charges, tips and cover charges in paying staff.
The department is understood to favour changing legislation so that employers can no longer count tips towards payroll costs.
The department, headed by […]
© 2008 Daily Financial News