2009 will be a tough year for us all. The latest figures suggest that as many as 75,000 Britons will face repossession, that’s a 67% increase on the number of repossessions taking place this year. The number of people falling into mortgage arrears is expected to reach around half a million.
The number of repossessions expected [...]

In parliament yesterday Alistair Darling announced some changes that were aimed at stimulating lending back to the levels we saw in 2007. Despite the £37 billion Government bailout, that occurred during October, lending remains at a third of the levels seen in the previous year. The interest rate cuts announced on the 5th December 2008 [...]

During November we saw the lowest volume of houses sold for 30 years marking the fact Britain is now in deep recession.
The squeeze on lending coupled with falling house prices, low confidence and uncertainty in the employment market is causing the lack of property sales.
Falling property prices are great for first-time buyers and investors that [...]

The UK economy is weakening and with this comes extra pressure on many of us to make mortgage payments, with some having to resort to using high interest credit cards to pay the mortgage. The worst hit areas of the UK are Wales and the Midlands with up to 1 in 10 people resorting to [...]

The latest UK property news was bad yet again today, what’s new! According to reports online, average house prices have fallen by £15,000 in the last year. The report went on to say that this is the fastest rate by which house prices have fallen since 1991.
In effect this means the average price of [...]

Being green can have its benefits on your purse strings, especially when the utility suppliers are hiking up prices.
In aid of this bad news I’ve included some helpful advice on how to make some savings on your home utility bills. This is quite a well known fact, but just by turning down your central heating [...]

The credit crunch’s iron grip seems to be tightening so what better time to learn how to save money during a recession.
How to cut energy bills?
It pays to shop around the market is very competitive at the moment with energy bills going up. You can use Moneysupermarket.com a free, impartial online comparison site where you [...]