Bad Credit Mortgages in the Press

This is Money - Beware 'mates' bad credit trap

Cash-strapped first-time buyers clubbing together to climb onto the property ladder with 'mates mortgages' could be in danger of falling into a bad credit trap.

BBC News - Sub-prime crisis sours US dream.

This is a strange place. It's the American dream turning sour before your eyes. We are miles outside the city of Baltimore, in a suburb built in the middle of nowhere.

BBC News - Q&A: Sub-prime lending.

Providing loans and mortgages for people with poor credit histories, so-called sub-prime lending, has been big business in the US and UK over the past few years.

BBC News - Banks target 'poor creditors'

One of the UK's biggest mortgage lenders has decided to start lending to people with poor credit history.

This is Money - Banks and consumers at loggerheads

Profits may be high but bank customers are in revolt. Customer service departments, the Financial Ombudsman service and even small claims courts are being swamped by angry consumers.

Times - FSA warning for sub-prime lenders

Sub-prime mortgage lenders in the UK could be heading the same way as their troubled US counterparts unless they change their lending practices, the City Watchdog has said.

Times - Mortgage approvals bounce back

The Bank of England has reported an increase in mortgage approvals in February after the sharp fall in January

Observer - Alarm over loans that can make debtors homeless

Borrowers struggling with personal loans and credit card debt are being pressured to take out consolidation loans that could result in the loss of their homes.

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