Myvesta UK Articles

About 340,000 five-year fixed-rate mortgages were taken out in 2003, but research from Mortgage Monitor analysts suggests these consumers are now struggling to meet their monthly repayments.

As the fixed-rate deals expire this year, monthly repayments have hiked by more than 35%.

The average home has lost £6,000 in value over the past six months in the latest sign that the housing market is on the brink of a major decline.

What do you consider status symbols? What are the signs that you've "made it" in your world? And do you think that what you consider to be markers of your place in society is substantially different from what others consider? Are there regional differences as well, or differences based on how you were brought up or what your family had? Is it what I think of as the usual house-car-school dynamic for you, or do you have other things that signify success?

Due to the rising price of precious metals worldwide, there has been an increase in reported thefts as thieves target metals ranging from small amounts of lead flashing from the roofs of houses, to larger amounts from churches, schools and business premises to high value thefts of copper cables.

Strangely, people always seem 'surprised' by Xmas, as if it hid until winter then yelled, "Boo!" 

Christmas 2008 may seem a long way away, but spend a little time preparing now and you'll save time, stress and money later in the year.

In India every year, many farmers commit suicide.  No they are not depressed or unhappy.  They commit suicide only to escape from small bank loans that they cannot repay.  Often the amout of the loan is just £500 or less!  They are very poor as are most of their friends and relatives so ost of the time they have no one to turn to to help repay the loan.

Our homes are where we spend much of our time - we eat in them, sleep in them, have relationships in them, relax in them and some of us work in them. Yet in the West it is only relatively recently that people have started to realize the impact that our living and working environment can have upon us.

Mortgage arrears are on the increase, but the courts may be too hasty to give lenders the right to sell people's homes and turf them out, according to the Financial Services Consumer panel, which advises the Financial Services Authority.

We've all heard the financial horror stories of people getting into tens of thousands of pounds of debt on their credit cards. In the worst cases the addiction to credit can lead to customers going in search of yet more credit in order to meet large monthly minimum payment commitments, thereby compounding their problems for fleeting short-term relief.

Debt is the one issue that affects all of us rich or poor, black or white, gay or straight, liberal or conservative. While debt means minor discomfort to some, it means death to others.