Housing market uncertainty- What can homeowners do?
7 APRIL 2005
CALL 0800 085 3250 OR VISIT WWW.UNBIASED.CO.UK
FOR A FREE COPY OF IFA PROMOTIONS
GUIDE TO GUARDING AGAINST HOUSING MARKET UNCERTAINTY
Todays Base Rate announcement sees no change to interest rates, however some experts predict a rise by the summer. This, coupled with the Council of Mortgage Lenders latest market commentary, which shows signs of a gentle slowdown in the housing market*, may leave many homeowners worrying about how they could be affected.
With this in mind, IFA Promotion, the organisation promoting the benefits of independent financial advice, has produced a free guide, offering people help on the best ways to budget for possible changes in the housing market.
Guarding against housing market uncertainty covers a spectrum of issues including:
- re-mortgaging
- renting out a room
- cutting costs
- downsizing
- negative equity
- how to manage mortgage payments if interest rates rise
And, most importantly, where to get expert, independent financial advice.
For a free copy of the guide, together with details of local independent financial advisers who can talk through your options in detail, call the IFA Promotion consumer hotline on 0800 085 3250 or visit www.unbiased.co.uk
-ends-
* Council of Mortgage Lenders market commentary, March 2005
For further information please contact:
Chief Executive Lansons Communications
IFA Promotion 020 7294 3679 / 020 7294 3641
020 7833 3131
For expert comment or case studies from over 200 media-friendly IFAs, journalists should call IFA Promotions Media Services hotline on 020 7294 3682 or search online in Media Services at www.unbiased.co.uk
1. Independent Financial Adviser Promotion
IFA Promotion was established in 1989 to promote the value and accessibility of independent financial advice to the public. It represents around 9,000 firms of independent financial advisers across the
IFA Promotion believes Independent financial advice should be:
Affordable. The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.
Convenient. IFAs should be available in the location of the consumers choice, wherever they live in the
Transparent. It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.
2. Independent Financial
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