New Mortgage Rules UK: Will They Trouble You?
Back in April 2014, tougher lending rules were introduced throughout the United Kingdom in order to ensure that banks and lenders no longer over-burden borrowers. One of the causes of the great recession we’ve just emerged from was borrowers taking on more debt than they could realistically repay – especially with fluctuations in interest rates. […]
First Time Buyer Figures Hit Seven Year High in the UK
As the UK emerges from recession, one of the best indicators to measure the strength of the economy is to look at first time buyer figures. A recent article on thisismoney.co.uk discusses newly acquired figures from July 2014, these figures show that the number of first time buyers has increased for the first time since […]