Our financial wish list – 6 things we’d like to see change in 2014

Our financial wish list  6 things we’d like to see change in 2014 150pxThe financial landscape seems to change quicker than ever these days. Some changes will make you better off, others will cost you money, some will make your life simpler, others will make it more complex. We’ve put our thinking caps on and come up with six changes we’d like to see in 2014, which would make many people better off, whilst increasing fairness and transparency. Do you agree with us? What would you like to see changed? Leave ...

Housing & mortgage round up: House prices rises in October, whilst negative equity rates fall

Housing & mortgage round upThe data coming from the housing market is so confusing at the moment that this week’s headline could easily have read “House prices fall over the past year, whilst first time buyer negative equity is double the average”. Whatever spin is put on the headlines, it’s important to look at the underlying numbers, which is exactly what we do this week. We look at the latest house price survey, negative equity figures as well as the ‘interest-only time bomb’, again! House prices rise, but lack momentum After September’s fall ...

Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgages

Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgagesA busy week for housing and mortgage news. Two house price surveys have shown prices fell during September, with the average price falling though the psychological £160,000 barrier. In other news, the Bank of England kept interest rates on hold, whilst Santander have increased their Standard Variable Rate for existing customers. House prices fell in September...

Housing round up: Two surveys show house prices fall whilst Standard Variable Rates rise

Housing & mortgage round upA packed housing round up this week. Firstly, two surveys indicate house prices have fallen over the past couple of months and continue to do so year on year. Secondly, the mortgage market looks as though it will continue to get harder for borrowers who want an Interest Only mortgage after the announcement by the Co-operative Bank that they are pulling out of this type of lending. Finally, over one million borrowers have seen their mortgage payments ...