Strangled By Red Tape ; Laws and Regulations Are Leaving Many Flat-Owners Struggling to Stay Afloat Among the Hefty Bills and Paperwork, Says Jane Barry
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FLAT-owners are beginning to drown in a sea of red tape and it is costing them a packet. If you live in a freehold house, you only encounter bureaucracy when you carry out alterations. But during the past five years, legal controls have been piled upon leaseholders.
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People in Manchester and Glasgow feel most under financial pressure, but the bankruptcy hotspots are in the South.
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More than a fifth of people who have come off fixed-rate mortgages have found it hard to meet their repayments.
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More than 100,000 households consist of people stuck in temporary accommodation, MPs say.
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Business & money: The rush to beat the information packs deadline means thousands of homes put up for sale are suddenly available to let, writes Andrew Moody.
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NEW YORK -- Faced with a weak national economy and a worsening housing crisis, a growing number of states are confronted with severe budget deficits, forcing some governors to come up with creative -- some say risky -- budget gimmicks to find new sources of cash.
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Banks, which have used a glut of cheap money to help fuel a boom in real estate and leveraged company buyouts, may face a rough ride when lending conditions turn sour, the Bank for International Settlements said on Sunday.
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We all pay a price for keeping mum about touchy financial issues.
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Problems in the bond markets put pressure on financial firms' shares.
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For union film and television writers, life without employment is starting to exact its toll.
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The combination of escalating real estate prices and largely stagnant incomes has contributed to the problem.
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Britons are finding it increasingly difficult to juggle full-time jobs with caring for their families despite government legislation aimed at cutting hours spent in the office.
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British producers struggle to keep up with consumers' soaring demand.
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Flat prices in most parts of England and Wales are not keeping up with houses, Land Registry figures show.
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Those ghosts of unpaid bills past are coming back to haunt you.
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Chinese policy makers will have a tough time in 2008 battling inflation, excess liquidity and rapid investment, Vice Finance Minister Li Yong said on Sunday.
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The number of people seeking assistance on how to manage their debts has hit record levels, a charity warned Monday.