Property Developer Wins Test Case Against Investors

A property developer has won a High Court case against property investors forcing one to pay £133,000 after they backed out of an agreement to purchase flats “off plan”. The High Court, in Bristol, has ordered the person to pay a whopping £133,282 in damages, costs and interest to Plymouth’s Prestige Homes South West Ltd, …

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The Cost of Borrowing is too high

Smallbusiness.co.uk is reporting that many small business owners are fed up with having to pay the banks high rates on their business borrowing. Businesses believe that bank-lending terms are exorbitant, according to research from finance provider Syscap. Some 90 per cent believe that loan arrangement fees are excessive, while 75 per cent feel that the …

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217,000 hidden credit cards masking debt struggles

Wow, just in time for Christmas the Halifax try sew a little doubt into people’s minds when they are opening their Christmas presents.  Thanks! New research from Halifax has revealed that there are an estimated 217,000 credit cards which are kept secret from spouses. The bank has warned that this could carry serious implications for …

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