Monday, April 2, 2007

State of the nation

Debt Facts and Figures - Compiled 2nd April 2007

Amongst the miscellaneous facts and figures... - 34% of mortgages taken out by home movers in January 2007 were “interest only” mortgages compared with only 12% taken out in June 2003. 27% of these “interest only” mortgages were taken out without a repayment plan specified to repay the capital. - According to the National Association of Estate Agencies (NAEA) the number of first time buyers were 12.3% of sales in February 2007. (Is that all?)

Posted by wilee @ 07:31 PM (393 views)
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