Should parents still be bailing out their adult ‘kids’?

Every parent expects to spend a fortune on their children when they are at home and dependant on them financially, but what many don’t bank on is the fact that they will still be having to bail out their kids even when they’re all grown up. According to some new research by Scottish Widows, adult children still cost their poor parents about £12,000 a year as they struggle to cope with financial independency.

Should parents still be bailing out their adult ‘kids’? : 2:16 (567 words)

Mortgage lending for 2007 hit record levels

Despite trailing off towards the end of the year gross mortgage lending hit record levels during 2007, according to figures released by the Council of Mortgage Lenders (CML).

Mortgage lending for 2007 hit record levels : 1:49 (456 words)

UK slipping towards recession

The UK risks slipping into recession in the next two years, according to authors of the Deloitte Economic Review; and even if that gloomy forecast doesn’t transpire, the best we can hope for is the weakest economic growth in the last 15 years.

UK slipping towards recession : 1:42 (423 words)

More buy-to-let landlords selling up

The number of residential landlords selling their properties is at a three year high, as many try to cash in their properties at the height of the market, according the Royal Institution of Chartered Surveyors.

More buy-to-let landlords selling up : 1:37 (406 words)

Setting up home now costs more than £10k

The rising costs associated with moving into a new property have highlighted why many families find it necessary to take out a homeowner loan. A recent survey conducted by GE Money reported that people who find the house of their dreams typically have to pay £11,372 to actually make it their home.

Setting up home now costs more than £10k : 1:47 (446 words)

Don’t Worry About Your Mortgage Increases!

Don’t worry about the threat of increasing interest rates! Don’t worry that you will not be able to afford to keep your house! There are several innovative ways to earn a little income from your property.

Don’t Worry About Your Mortgage Increases! : 2:38 (657 words)

Subject To: Buying a Home With No Cash

You want to buy a home, but you have very little money saved. What are your options?

Subject To: Buying a Home With No Cash : 1:21 (337 words)

Reduction in mortgage products will not affect prices, says the Council of Mortgage Lenders

The Council of Mortgage Lenders (CML) is confident that even though there has been a reduction in the amount of mortgage products available as a result of the global credit squeeze, house prices will remain unaffected, due to the underlying demand for property.

Reduction in mortgage products will not affect prices, says the Council of Mortgage Lenders : 1:42 (425 words)