Debt management weekly round-up

There’s been a lot of reports about houses this week, so let’s have a look at what’s been making the news.

According to the Assetz House Price Watch, house prices are now just 7.5 per cent below their October peak, which could lead to more people struggling with home repayments.

More people could have trouble with mortgages in the future, as the Centre for Economics and Business Research predict a further rise of £9,000 this year.

However, research from Lloyds TSB shows that almost seven in ten (68 per cent) people find that flexible mortgages help them ward off financial problems.

The bank also reveals that homeowners are being forced to risk personal debt misery by anti-social behaviour. Each incident of vandalism is costing householders over £300 (£312) and can affect the price of their home.

And finally, unbiased.co.uk has warned that less people are saving for their retirement as they are prioritising day to day expenses. This year, Britons will miss out on £750m due to not making additional pension payments.

Debt management weekly roundup

11/03/2011

The theme of the news in the realm of debt management this week, seems to be about how people with d ...

Debt management weekly roundup

04/03/2011

The big news in the field of personal finance and debt management this week has been the European Co ...

Debt management weekly roundup

25/02/2011

It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...

Debt management weekly roundup

18/02/2011

Debt problems are still rife in the UK in 2011, despite the recession officially ending several mont ...