The UK government has introduced a share ownership scheme aimed at first time buyers. In essence the government own part of your home and your goal is to slowly buy back their investment in the house.So you may be able to buy your house now at a cheap price, rather than waiting till later to [...]

Everyone agrees the UK is experiencing a credit crunch and now people are debating whether we are in a recession. Either way the UK economy is experiencing financial difficulties and the government is looking to borrow more to stimulate the economy. There is a lot of speculation as to why the credit crunch occurred to [...]

Mortgage Arreaes Many UK home owners are falling behind on their mortgage repayments through no fault of their own. This can be a really worrying time for families as the family home is one of their most treasured possessions. The main reasons for mortgage arrears include: Losing job. Falling into negative equity because of declining [...]

House repossession has increased significantly since the “credit crunch” has hit the UK economy. In reality many people were given loans in the good times which they could barely afford. Now it is very difficult for these people to pay for the mortgage repayments. Unfortunately some companies are taking advantage of vulnerable people who are [...]

We read so much news about doom and gloom in the UK property market. Yes house repossessions are on the rise and people in some sectors are loosing their jobs. But the UK is a strong economy and it will flourish again, at times most of us have to go through financial hardship. The man [...]