Thrifty Loans

UK house prices 65% Overvalued

International economists have warned that the British housing market is 65% higher than its value, and that further interest rate rises will be needed to steady it down. UK property prices were said to be among the most stretched of any of the world’s top economies, according to The Organisation for Economic Co- operation and [...]

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Bank savings on the up

Maybe consumers are at last starting to cut back on spending. Recent research shows that the consumer credit market has begun to slow after growing for more than a decade. Another survey found that the number of consumers planning to save is on the increase. It is not surprising that spending has finally slowed and [...]

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Should you move up or remodel your home?

Most of the information available is for new home buyers. The mortgage industry is currently focused on securing their loyalty, and money, before they venture into foreign fields, or decide to try the ‘debt free lifestyle.’ Many of today’s homeowners are wondering whether they should move up, sell and save the equity, or keep their [...]

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Home information packs delayed

On Tuesday 22 May the Government announced a delay to the introduction of Home Information Packs (HIPs) by two months. The property industry has been pressurising the Government for a postponement, and Communities Secretary Ruth Kelly said the launch of the packs would be put back by two months, until 1 August, when a phased [...]

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