Who owns my mortgage?

I spotted this great PR today on AP basically pointing out that not many of us actually know who owns our mortgage anymore.
With the subprime mortgage shakedown almost old news this article sure does give some food for thought. Until recently I’d always assumed that the company that sold me my mortgage had a big [...]

Economy still uncertain despite base rate cut

Debt management company Gregory Pennington have warned that the economy remains uncertain, despite a number of signals suggesting a potential recovery, and have advised anyone facing severe financial problems to seek professional debt advice as soon as possible.
The Bank of England Monetary Policy Committee’s announcement on Wednesday that the base rate would fall to 4.5% [...]

3000 Scottish Homeowners in Trouble

The Scotsman reported today that, according to official figures, more than 3000 people in the Lothians are at risk of defaulting on their mortgages because of the credit crunch, whilst thousands more who are not covered by the statistics could be in the same boat.
The news comes at the same time as separate figures show [...]

ThinkMoney.com

ThinkMoney.com is the new website from the Manchester based Think Money Group. Think Money is a leading UK financial services company established over 15 years ago and providing financial services to over 100,000 UK consumers.
The company employs over 600 staff in it’s purpose built Manchester call centre and has consistently been voted by it’s employees [...]

Bradford & Bingley (B&B) Nationalised

Bradford & Bingley, the UK’s latest troubled mortgage lender is being nationalised by the British Government in an effort to stabalise the UK economy.
In a statement by Prime Minister, Gordon Brown, UK voters heard how the Government have vowed to  “work night and day to make sure that Britain can come through fairly this (the [...]

Gregory Pennington Ltd

Gregory Pennington are on of the largest debt management companies in the UK. With over 40,000 UK clients on debt management, the company has been providing debt help and advice since 1993.
Located in Manchester, close to Salford Quays, the company employs over 600 people and provides services including debt management plans, debt consolidation loans, IVAs, [...]

Fixed Rate Mortgage

A fixed rate mortgage is a mortgage where the monthly interest rates are fixed at a pre-specified rate for a pre-specified period of the loan.
It is common for fixed rate mortgages to have the rate fixed for 1, 2 or 3 years, after that period the rate payable will switch to refelct current interest rates.

US mortgagees struggling with negative equity

A recent study by Zillow.com claims that 33% of American consumers who purchased a property in the last 5 years are now suffering negative equity. The study claims that the severe market turn has meant up to 25% of all those selling their property in the last 5 months have taken a loss on the [...]

Debt Advisers Direct

Debt Advisers Direct appears to be on of the UK’s leading providers of debt consolidation services. Providing debt help and advice to over 40,000 consumers, the company has over 14 years of advising on consumer debt issues.
Debt Advisers Direct specialise in personal, one to one debt advice, advising on the right debt solutions for a [...]

Mortgage specialist advises caution over house prices

In response to a recent report from the National Housing Federation suggesting that property prices will recover and rise by 25% by 2013, mortgage specialists ThinkMoney.com advises property owners to stay optimistic whilst warning them not to become complacent about protecting themselves against the downturn in the property market.
The National Housing Federation anticipates further falls [...]