Free Advice: How To Keep A (Mortgaged) Roof Over Your Head

I heard this story a few weeks ago and was somewhat taken aback, I must confess. I was shocked at my own reaction both for and against its content and intention. The state-owned bank charged with recovering the Government’s £48billion investment in Bradford & Bingley and Northern Rock has identified around 30,000 borrowers who could get into financial difficulty when interest rates rise from current historic lows of 0.5%. This organisation known as UK Asset Resolution (UKAR) will telephone around 2,000 customers a week over the coming months and advise them on how best to manage their finances in order that […]

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