Essentially Home Loans Weblog

With the number of investors increasing, gurus and analysts warn new property investors to pay close attention to the location of their property.  Inflation in rentals has increased almost five percent, but profit will only be seen if the investor has the right property - and the right loan.
David Carmichael, associate director of Savills private [...]

New figures from Mintel reveal that Britons are in twice as much debt as they think they are.  When the subjects of the research were asked to estimate just how much money they thought they owed in unsecured debts such as credit cards, overdrafts and loans, the average UK adult replied that they thought they [...]

Anyone trying to make sense of the current economic climate is being pulled in different directions by conflicting reports released by two camps:  estate agents are positive that the housing market will continue to grow and that the economy is strong; economists are worried that interest rates will increase bankruptcy, cooling the market.
The housing market [...]

Whilst economists are focusing on the wages and benefits earned by those in London’s  Square mile, the true cost of that wealth is being measured by the country’s working class.
Reports suggest that the billions of pounds handled by the financial district in London is the real problem behind the debt mountain in England.  Eliminating the [...]

If you currently have credit card debt and you are finding it hard to manage your finances, you may have considered debt settlement, you may want to reconsider.  Debt settlement can be a useful tool, however depending on your situation, debt settlement can be harmful to your credit report.
When you use debt settlement to settle [...]

Payment protection insurance is a type of insurance that some lenders require borrowers to have if they are unable to provide a down payment, or provide a very small down payment.  Often lenders will also require those with a bad credit history or no credit history to have payment protection insurance on the amount that [...]

A survey published by leading debt solutions consultancy, Thomas Charles, found an startling increase in the number of consumers struggling to meet loan repayments.
The report states that adults having recurring problems repaying their debts rose 9 per cent from 1.8 million, 21 per cent, in April 2006 to 2.5 million, 30 per cent in October [...]

If you do not have the best credit rating, but are still a homeowner with a reasonable to fair rating, then there are a number of attractive interest rates for personal loans. Accepted finance has a low cost any purpose loan that is designed specifically for customers with fair credit ratings. The rate on this [...]

An estimated 165,000 households use illegal money lenders, with most based in the poorest parts of the country where legal alternatives are difficult for consumers to access.
Economic Secretary to the Treasury Ed Balls said: ‘This important project has helped give victims in the West Midlands the confidence to come forward, an awareness of better ways [...]

As house prices continue to increase, more and more people in the UK are realising that they have built up a considerable amount of equity which they can now borrow against. There are a number of things that you can do with such borrowing, from buying a new car, to going on holiday to going [...]