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News Archive
Mortgage rescue scheme 'put on ice'
A scheme introduced during the recession to stop people in Wales having their homes repossessed has been frozen by the Assembly Government.
May27thHard-up Brits gamble pets' health
Cash-strapped pet owners in Britain have admitted to cutting back on visits to the vet, potentially risking their four-legged friends' health for expenses that can be covered by pet insurance.
May21stRush to repay loans while rates low
More people with variable rate mortgages are rushing to pay extra each month in an attempt to save money and get out of debt quicker.
May19thStruggling homeowners seek lodgers
A record number of desperate homeowners without Mortgage Payment Protection Insurance (MPPI) are looking for lodgers to gain extra cash or risk losing their home, it has been revealed.
May18thRepossessions feared if rates go up
A rise in interest rates could lead to over five million homeowners facing the risk of eviction, according to research by charities.
May14thRepossessions 'set to rise' in 2010
The benefits of mortgage payment protection cover have taken centre stage prior to the release of new figures which are expected to reveal record levels of home repossessions in 2010.
May13thInflation timebomb 'nears midnight'
Fears over the triple-threat of inflation, the direction of the new Government and the spiralling budget deficit have set the tone for the Bank of England's quarterly forecast - due on Wednesday - with analysts fearing a harsh austerity package of cuts to jobs and public services that could see those with income protection insurance scrabbling for their policy book.
May12thInterest rate rise could spell doom
Record low interest rates are expected to be kept on hold but homeowners will be worried that the uncertain political and economic landscape could mean interest rates rise sharply in the months ahead.
May10thInsolvency figures remain high
The importance of taking out income protection insurance has been highlighted in recent Government figures that show around 35,000 people were declared insolvent during the three months to the end of March.
May7thMortgage trends fuel collapse fears
A static mortgage market could be a sign of uncertain and troubling times to come for homeowners, figures underlining the importance of mortgage payment protection insurance have revealed.
May6thHouse prices 'to rise 5.3% in 2010'
The twin factors of a shortage of new homes and low mortgage rates are likely to push up house prices by 5% throughout the rest of the year, a business group has said.
May4th
