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It seems that we Brits have been keeping an eye on our savings balance. In the last three months the amount we've added to our savings accounts has slowed down by 34%, however at the same time we are protecting our savings more, withdrawing significantly less than in previous quarters. So although...
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As of this morning, Lehman Brothers have filed for bankruptcy, resulting in thousands of job losses. Being one of the world's most reputable banking organisations, their news has raised new concerns on the mortgage market as a whole. Do you think Lehman Brothers bankruptcy will have an impact on...
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[Poll]
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We are bombarded by bad news surrounding the economy and the credit crunch, it would be good to hear from anyone who has some good news. Has anyone managed to get good deal on their latest mortgage renewal?
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Has anyone decided to cut back on any expenditure due to the fear of credit crunch? So far I haven’t changed my spending habits and I am continuing as I was before the whole credit crunch reared its ugly head. If I was to start cutting back I would probably start with my over priced organic food...
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I think it's relative. You may spend less abroad, but you will probably earn the same proportional amount less too. If you do have savings in £ though, you could end up buying a house abroad for half the price you could here. Got to remember what you are giving up though. Erm.... rain all summer...
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A positive from the credit crunch for us consumers... The major supermarkets have been having a food price war to encourage us to keep spending in their stores. Asda kicked off the price war with the other major stores closely behind. Until now, the supermarkets have been passing on rising food costs...
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Mortgage lending showed a slight rebound in April, according to the Council of Mortgage Lenders (CML). Some 50,700 loans to purchase homes were granted in April, a rise of 5,000 from the previous month and the highest level since December. But the number was still 36% down compared with the same month...
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The credit crunch is a red herring, well then its all ok cause Kirsty says so, then the rest of the market must be wrong
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The full article can be read on the C4 website: http://www.channel4.com/4homes/buyingandselling/phil-kirstie-house-price-predictions.html Phil's take on house prices: There isn’t just one property market - there are lots of property markets in different regions and in different towns. It’s...
