Last year we Brits spent an average of £500 on Christmas presents. Given the way 2007 has gone many of us are going to be hard-pressed to spend the same amount this year. With the credit squeeze and difficulties getting mortgages and loans, the best advice is to steer clear of debt. How about making [...]
Continue reading...30. October 2007
Chancellor of the Exchequer Alistair Darling has ticked off lenders for fuelling an ‘unsustainable’ house price boom. He said that they should show more responsibility in their lending, and he also predicted a ‘slowdown’ in the property market. He urged lenders to show more caution with lending and take account of a borrower’s ability to [...]
Continue reading...29. October 2007
The much-maligned Home Information Packs (HIPs) were meant to help speed up the sales of houses. However, so far they are having the opposite effect. The Government claimed that the information in the packs would only take a week to pull together, but pack providers and estate agents say this has been unrealistic, and the packs [...]
Continue reading...26. October 2007
New figures release by the Green Party reveal that over a thousand new homes are being constructed each year in Londons back gardens. Developers are allowed to build on land in peoples back gardens because it is deemed to be a brownfield site as it has been previously developed. However, opponents to the practice say that [...]
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31. October 2007
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