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Arrears and repossessions fall in the UK

Over the past few years the global financial crisis and the recession has resulted in soaring arrears levels amongst cash strapped homeowners in the UK, and with so many people falling into serious...

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More than half of families struggling with debt

It has been revealed in a recent report that more than half of UK families are now struggling to repay their debts, and this could get worse as living costs continue to increase. The research results...

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Brits still prepared to get into debt

It has been reported following a recent study that Brits are still prepared to spend money and get into debt despite the fact that many are concerned about the state of the economy, government...

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Are you at risk of defaulting on your mortgage?

A number of reports recently have suggested that there are many homeowners across the UK who are at risk of defaulting on their mortgage repayments. It is already difficult for many homeowners to keep...

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Crewe sees spiralling levels of personal debt

According to recent reports there are concerns over the spiralling levels of personal debt that are being seen in the Crewe area. Over the past few years personal debt has become a big problem in areas...

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King says there will be no ‘tsunami’ of repossessions

After recent claims that interest rate increases would lead to a ‘tsunami’ of repossessions across the UK, the governor of the Bank of England has spoken out to express his concerns. Sir Mervyn King,...

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Brits take on more debt to fund rise in living costs

As most households are only too well aware, the cost of living in the UK has soared over the past eighteen months, with essential costs such as petrol, food, and energy usage going through the roof...

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