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Borrowers Less Willing To ‘Stretch Themselves Financially’

Homeowners are coming under increased financial pressure, new figures indicate.According to a study released by the Council of Mortgage Lenders (CML), payments made on mortgage interest over the course of October reached the highest peak recorded for more than 15 years. During the month, first-time buyers contributed just over a fifth (20.6 per cent) of [...]

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Brits Have ‘Lost Track Of Financial Reality’

Britons are coming under increased financial pressure, a new study shows.In research conducted by the Alliance Trust Research Centre, spending by British households fell slightly over the course of the third quarter of this year - the first decrease noted since early 2006 - with the between period witnessing a steady rise in expenditure. However, [...]

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Related Tags: financial, increased, loans, pressure, secured, britains, charges, coming, consolidation, debt, finance, high, homeowners, loan, mortages, onterest, personal, uk