Bad Credit Mortgages Holders Could Benefit from Debt Management Advice
From the moment the bad credit mortgages bombshell exploded onto the world stage from the USA towards the end of 2007, the worldâ€™s financial markets have been in turmoil.
The result has been that sub prime mortgages or bad credit mortgages as theyâ€™re best known in the [...]
The Bad Credit Mortgage Centre reports house prices in London and the South East are likely to take 8 years to recover from the current property credit crunch downturn according to Savills, a leading estate agent.
The main reason for the severe downturn has been the withdrawal of credit for mortgages, especially the lack of adverse [...]
What now for the mortgage and bad credit mortgage market with prices of homes in London and all over the UK falling faster in August than ever before?
Figures released by the online estate agents Rightmove state that new vendors i.e home sellers, are putting their homes on the market 2.3% lower than in the previous [...]
Existing bad credit mortgages and an increase in mortgage arrears have resulted in the huge rise in repossessions to 18,900 in the first half of 2008.
The vast increase in cases of lenders repossessing property is very worrying. This figure is significantly higher than 13,400 in the second half of 2007 and extremely higher than the [...]
Fixed Rate Bad Credit Mortgages are Rising in Popularity in London and the Rest of the UK
Bad credit rating or not, fixed rate bad credit mortgages and fixed rate bad credit remortgages are proving more and more popular as the financial crisis worsens. Indeed fixed rate mortgages are more prevalent across the whole mortgage [...]