Jill Kelley shows that personal debt has become a national-security issue
The David Petraeus scandal contains everything America obsesses about: power, sex... and personal debtThe David Petraeus scandal seems to present in microcosm everything that America obsesses about:...
View ArticleHouse market up 5% on previous year
New figures show more houses sold in 2012 than expected, as Funding for Lending scheme kicks inMore homes have been sold in the UK in 2012 than previously thought, as a result of greater mortgage...
View ArticleHousing costs push tenants and homeowners towards payday loans
Research for housing charity Shelter shows 1.4 million people in the UK risk losing homes after falling behind with paymentsAlmost two thirds of the population are struggling to pay their rent or...
View ArticleHow to protect your income
If you are worried illness or injury could leave you without enough to pay bills, there are ways to protect your incomeIt's most families' worst nightmare: the main breadwinner loses their job and all...
View ArticleHalifax is chasing me for mortgage debts on home I left decades ago
I fled my home after a violent relationship years ago but am I liable for £16,508 of outstanding mortgage debt?In 1991, I bought a house with my boyfriend for £33,620. He became violent as soon as we...
View ArticleHow can I remove black marks on my credit file?
Q I am having a real problem getting a mortgage. I am 52 years old and currently renting. I'd like to take on a 15-year mortgage to buy a property for my retirement, and I am able to pass the...
View ArticleInterest-only mortgages: how to tackle the shortfall
As 1.3 million interest-only mortgage borrowers reach their loan term owing an average £71,000, we look at what can be doneAround 1.3 million interest-only mortgage customers may reach the end of their...
View ArticleInterest-only customers warned against claims management companies
Mortgage industry braced as claims management firms raise prospect of mis-sold interest-only mortgagesHomeowners who have interest-only mortgages are being warned to steer clear of companies offering...
View ArticleClydesdale fined £42m over mortgage errors
FCA says Clydesdale put its bottom line ahead of the need to make sure customers were treated fairlyClydesdale bank is to pay out £42m in fines and compensation after miscalculating the amount...
View ArticleLondon councils scrap mortgage rescue scheme ahead of schedule
Mortgage lenders say around 75,000 households have received debt advice through the scheme, which was set to close nationwide in spring 2014Debt advice charities and lenders have warned that vulnerable...
View ArticleLondon accounts for more than 25% of all mortgage loans
Wandsworth leads the table as new figures break down loans to postcode levelMore than a quarter of Britain's £891bn mortgage debt is secured on properties in London, according to figures which break...
View ArticleThousands of families face ticking time bomb of mortgage rate rises
If falling unemployment rates trigger a rise in Bank of England interest rates, research shows that a million households could suddenly find themselves in crushing financial troubleEm and Eddie...
View ArticleHousehold finances at breaking point, says Shelter
Housing charity says it is seeing a 'stream of cases' of families unable to cope with mounting rent or mortgage paymentsRising bills and high housing costs are pushing many household budgets "to...
View ArticleOne in five 'borrow money to pay rent or mortgage'
Shelter says increasing numbers of people are turning to loans, overdrafts, credit cards or someone they know to make ends meetOne in five people borrowed money to meet rent or mortgage payments in...
View ArticleYorkshire building society to reimburse mortgage arrears customers
About 34,000 current and former mortgage customers will receive almost £250 each for being incorrectly charged an administrative fee for falling into arrearsYorkshire building society is to refund...
View ArticleGovernment-owned 'bad bank' UKAR issues mortgage arrears warning
Interest rate rise to 1.5% would hit 22,000 customers, says body managing mortgage books of Northern Rock and Bradford & BingleyMore than 20,000 mortgage customers at the government's "bad bank"...
View ArticleBanks urged to warn mortgage borrowers to look at how higher interest rates...
The Bank of England will raise rates soon and experts want lenders to prepare homeowners for possible financial hardshipMillions of mortgage borrowers are at risk of financial hardship when the Bank of...
View ArticleShelter says homelessness helpline is stretched to the limit
One-third of calls go unanswered amid huge rise in callers seeking advice on rent and mortgage arrears, claims charityBenefit cuts and rising pressures on household budgets have driven a surge in the...
View ArticleGovernment urged to act to prevent mortgage defaults
Up to 2 million homeowners could struggle financially if interest rates rise from 0.5% to 3%, warns Resolution FoundationThe government and finance industry regulators have been urged to adopt a...
View ArticleThe repossessions timebomb: how to help homeowners at risk of default
With interest rates expected to rise and many people already struggling with housing costs, the Resolution Foundation's Katie Blacklock looks at how to help those at risk of losing their homeAgainst...
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