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One in five fears for Mortgage payment
One in five borrowers are concerned about meeting their mortgage repayments over the next 12 months, the Financial Services Authority have said, reigniting concerns over rising default rates.
Source: http://uk.reuters.com/article/domesticNews/idUKL0380280520080304
Brits find property safe as houses
Research for the BBC Two series, The Truth About Property, found 53% of respondents believed owning property was safer than cash. The poll took place in the aftermath of the Northern Rock crisis, the first run on a British bank in nearly 150 years.
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Price comparison
| Insurer | Premium |
|---|---|
| Columbus Direct | £36.00 |
| Abbey | £63.60 |
| Alliance & Leicester | £59.40 |
| Bradford & Bingley | £49.00 |
| Halifax | £59.40 |
| Nationwide | £58.90 |
|
Source...
This research was commissioned by Columbus Direct and was conducted during the first week of March 2008 by Independent research group Aware. Monthly premiums quoted based on an individual aged between 21-30 taking cover for £1000 mortgage & bills - cover to include Accident, Sickness and Unemployment from day 1. Close |
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