The Government department responsible for Home Information Packs has
been attacked by its own committee of MPs for the “tortuous” way the
controversial legislation was introduced.
Consumers hoping to get on the property ladder this year may struggle to
secure mortgages after official figures show that banks are not lending
as much as they have in the past.
An estimated 10,000 people will declare themselves insolvent every
month this year with at least of third of those between now and March hastened
by excessive Christmas spending.
Public sector workers are getting better pension deals than their
private sector counterparts as more private firms abandon defined
benefit pension schemes.
First-time buyers are at their lowest levels since 1980 having been priced out of 96% of towns across the country.
Investors in the Friends Provident Commercial Property fund will now have to wait six months if they want to cash in their investment, following the insurer’s decision to freeze the £1.2 billion fund.
Alliance and Leicester has launched a personal loan that allows customers to get their hands on the cash the same day they apply for the loan.
Which? is urging drivers to keep challenging unfair parking fines after its investigations found many are overturned at appeal stage.
Mortgage lending dropped by £2.8 billion between October and November as the housing market slowdown continued to take its toll.
Consumers could save as much as £7bn a year after MasterCard was told to ditch the fees it charges on cross-border payments.
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