Rebecca O'Connor
2 for 1 tickets to Casablanca, this coming Monday
3 million - Total number of borrowers expected to remortgage this year
728,650 - Borrowers coming to the end of a two-year fixed-rate deal this year
4,000 - Number of fixed-rate deals that will end today
30 - 50 per cent - Rise in monthly remortgage repayments this year
30 per cent - Drop in number of home loans so far this year
50,000 - Number of repossessions expected this year
75,500 - Number of repossessions in 1991
21 per cent - Increase in number of repossessions between 2006 and 2007
136 - number of properties that will be repossessed today
1 in 3 - Number of homeowners who have a mortgage worth more than three times their average salary
3.16 - Average mortgage multiple compared with a borrower's income in 2008
2.26 - Average mortgage multiple compared with a borrower's income in 1991
6.04 per cent - Average best-buy two-year fixed-rate deal, compared with 5.12 per cent in 2006
6.21 per cent - Average best-buy two-year tracker, compared with 5.07 per cent in 2006
£185,616 - Average UK house price, according to the Land Registry
£1,200 - Monthly repayments for an average house on an average two-year best-buy deal
721 - Number of mortgages that have been withdrawn from the market in the past two weeks
0 - Number of 100 per cent mortgage deals on the market. Four lenders still offered them two weeks ago
6,600 - Number of debt problems that the Citizens Advice Bureau will deal with today
£1 million - Increase in UK debt every five minutes
£25,945 - Average level of debt of someone taking out a credit management plan, on an average yearly income of £23,444
Source: CML, Credit Action, moneysupermarket.com, Chiltern Group
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The trick would be the first to lower the price of your house and sell quickly, other wise you could be waiting along time to get your asking price!!!
oliver, earls colne,
Not looking good, think I will stay put in Oz for another year, we seem not to be hit so hard by the credit crisis.
Rick Presti, Sydney, Australia
and the best is yet to come!
riccardo, brussels,
Oh dear!
Caroline, London,