UK house prices fall by second consecutive month - Nationwide

December 28th, 2007

UK house prices fell by 0.5% in December, the second consecutive monthly decline…
* The average price of a UK property is ?8,334 higher than a year ago
* Rate cuts will help but are unlikely to re-ignite the housing market as in 2005
“Housing affordability […]

Filed under: business, finance, interest rate, uk by Forest
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An Introduction to Loans and Charging Orders

December 13th, 2007

When money is lent as part of a ’secured loan’, the lender has the power to get back the cost of the loan by forcing the sale of the house, in the event of default or inability to make the required repayments. These loans are for the most part regarded to be riskier and unsecured […]

Filed under: business, finance, interest rate, loans, uk by Forest
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