November 2007

Page 7 of 7

Rate cuts 'expected in early 2008'

The base rate of interest could be reduced twice in the first half of 2008, according to an industry expert.Howard Archer, chief UK and Euro...

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Loans 'can be better than credit cards'

Britons who consider their options when making a large purchase could find loans to be the most economical form of funding, it has been claimed.<...

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Buyers 'underestimate costs'

Many Britons underestimate the total cost of buying a home, according to an expert.Dominic Mansley, managing director of independent financi...

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Majority of Britons 'do no refurbishment'

Most Britons cannot afford to refurbish a property after moving in, it has emerged.Research conducted by insurance provider More Than reveal...

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FTBs should 'borrow what you can'

First-time buyers (FTBs) should compare all the options to determine how much they can borrow, it has been advised.According to advisory ser...

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Property owners 'must cover costs'

Owners of property have no choice but to meet the upkeep and maintenance costs which may arise, it has been noted.Housing charity Shelter ad...

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Debt consolidation loans 'number one use'

The number one reason for obtaining borrowing is in the form of debt consolidation loans, it has been claimed.A spokesperson for Sainsbury's...

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Economy 'buoyant' for property prices

The overall economy remains "buoyant" of house prices, it has been observed.Homeowner loans are typically based on the value of a ...

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House price changes 'not important if it is a home'

If a house is used as a home - and not as an investment vehicle - it does not matter if the value goes down, according to an industry expert.

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Secured home loans 'increasing in value'

The total amount of money being taken by consumers in the form of secured home loans is increasing, according to the Bank of England.Figures...

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