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Students face debt crisis

Huge debts accumulated at university could cause students to go bankrupt, a study has claimed. The study, compiled by price comparison website uSwitch.com, estimated that one in ten students could be declared insolvent after they have had to borrow thousand to pay for tuition fees, accommodation and living expenses. Even if they can avoid bankruptcy [...]

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Free legals: good value for money?

Are free legal services good value for money (i.e. is free really worth it!)? Some experiences may actually suggest that free legal services are not worth it. One recent example was a remortgage customer who opted for free legals to reduce set-up costs (as many people who choose to do). The case progressed, but there [...]

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London house prices fall

London house prices have fallen backwards for the first time this year. Often seen as the engine of the property market across the country, asking prices in the capital have fallen for the first time in 2007. In London the average asking price was £394,268 in July, up by 23.4% in a year, but down [...]

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Mortgage lending up in July

Fears that interest rates might have to rise again drove up the amount of mortgage lending strongly in July, as homeowners raced to remortgage. British Bankers’ Association figures showed that lending was up to £5.7bn in July – up from £5.4bn in June. “This resilience shows the popularity of home ownership and also reflects more [...]

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