Category : Search result: mortgage crisis
Mortgage Nightmare After Bank's System Error Empties Account
Exclusive: A UK homeowner reveals how a devastating banking glitch left him unable to pay his mortgage, pushing him to the brink of financial ruin and highlighting a growing crisis in customer service failures.
Israeli Forces Enter Gaza City in Pivotal Ground Offensive
Israeli troops have advanced into the heart of Gaza City, marking a critical new phase in the ground operation against Hamas. The IDF reports heavy urban combat as the conflict's humanitarian crisis deepens.
Commonwealth Bank Admits Major Home Loan Calculation Error
Exclusive: Top executives at Australia's largest bank admit to a catastrophic miscalculation, wrongly denying hundreds of home loan applications and sparking a major financial scandal.
Mum of five forced to sleep in car with children
A desperate mother-of-five reveals the harsh reality of NSW's housing crisis as her family is forced to sleep in their car, facing freezing nights and an uncertain future.
UK House Prices See Biggest Monthly Drop Since 2012
Official data reveals a dramatic 0.9% fall in UK house prices for November 2023, the steepest monthly decline since 2012. Experts warn of a 'cooling market' as high mortgage rates and economic pressures bite.
UK House Price Growth Slows to Just 0.2%, ONS Reports
New official figures from the Office for National Statistics show UK house price growth slowed to just 0.2% annually, with London experiencing the most significant downturn. We analyse the regional trends and what it means for homeowners and buyers.
Ageing Nuclear Plant Sparks Major European Safety Fears
Urgent warnings have been issued about the deteriorating Zaporizhzhia Nuclear Power Plant in Ukraine, with experts fearing a catastrophic meltdown that could devastate Europe. Safety systems are failing amid ongoing conflict, creating a potential disaster
Inside Grand Designs' 'Saddest Ever' Heartbreaking Episode
An exclusive look back at the most tragic build in Grand Designs history, where a couple's dream home turned into a financial and emotional nightmare, leading to bankruptcy and a complete breakdown.
UN: Boko Haram and Fulani Militants Cause West Africa Crisis
A new United Nations report reveals a devastating surge in violence by Boko Haram and Fulani extremists, triggering a catastrophic humanitarian crisis across Nigeria and the Lake Chad region.
Spain's Record Wildfires: 1,100 Dead, Area 2x London Scorched
Spain is reeling from its worst wildfire season on record, with apocalyptic blazes fuelled by a brutal two-week heatwave that has claimed over 1,100 lives. An area double the size of London has been incinerated, as the nation faces an unprecedented enviro
UK house prices see sharpest drop since 2018
New data from Rightmove reveals the steepest annual decline in UK house prices since 2018, with experts weighing in on the market's future.
UK fish and chip shops facing extinction
Traditional fish and chip shops across the UK are at risk of disappearing as rising energy bills and ingredient costs threaten to sink the iconic industry.
UN: 1,760 Palestinians Die Seeking Aid in Gaza
The United Nations reports a devastating toll as more than 1,760 Palestinians perish in Gaza while attempting to access humanitarian aid amid ongoing conflict.
Gaza water crisis worsens amid heatwave
Amid a brutal heatwave, Palestinians in Gaza face severe water shortages, exacerbating an already dire humanitarian situation. Learn how the crisis is unfolding.
UK mortgage rates rise as lenders adjust quotes
UK homeowners and buyers are seeing mortgage rates rise as lenders reassess their offers amid economic uncertainty. Find out how this could impact your finances.
Gaza children face deadly medical evacuation delays
Critically ill children in Gaza are struggling to access urgent medical care due to bureaucratic delays and Israeli restrictions, leaving families in despair.
Persimmon profits drop amid Bank of England rate hikes
Housebuilder Persimmon reports a sharp drop in profits amid rising mortgage costs and economic uncertainty, as the Bank of England tightens monetary policy.
Albanese under pressure as housing crisis worsens
Australian Prime Minister Anthony Albanese faces mounting criticism as housing affordability reaches crisis levels, with experts warning of long-term economic consequences.
Australian house prices to soar as rate hikes pause
The Reserve Bank of Australia hints at pausing interest rate rises, sparking predictions of a property market rebound. Experts weigh in on what this means for homeowners and buyers.
Weeks-long wait for RBA rate cut to hit mortgages
Homeowners in Australia may need to wait several weeks before seeing any relief from the Reserve Bank's latest rate cut, as lenders take time to adjust their mortgage rates.
Australian banks slash rates after RBA decision
Westpac, ANZ, NAB, and CBA have announced significant rate cuts after the Reserve Bank of Australia's latest move. Discover how this impacts mortgages and savings.
Thames Water may face temporary nationalisation
The UK government is reportedly considering placing Thames Water under temporary state control as the debt-laden utility giant struggles to secure private investment. Shadow Environment Secretary Steve Reed warns of potential bill hikes for customers.
NZ MP's passionate Gaza speech in parliament
Green Party MP Chloe Swarbrick delivers a powerful address in New Zealand's parliament, calling for an end to the violence in Gaza and urging global action.
Govt plans for Thames Water collapse as crisis deepens
Specialist advisers have been appointed to oversee contingency plans for Thames Water's potential collapse, as the UK's largest water supplier faces financial turmoil.
RBA cuts rates to 3.6%: Relief for borrowers
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
Albanese: Netanyahu 'in denial' about Gaza crisis
Australian PM Anthony Albanese criticises Israeli leader Benjamin Netanyahu for failing to acknowledge the severity of the Gaza crisis, as international pressure mounts.
Albanese accuses Netanyahu of Gaza "denial"
Australian Prime Minister Anthony Albanese has accused Israeli PM Benjamin Netanyahu of ignoring the humanitarian crisis in Gaza, escalating diplomatic tensions over the conflict.
Migrant families sleep on Paris streets amid housing crisis
Dozens of migrant families are camped outside Paris City Hall, sleeping on the ground under makeshift shelters as they await housing. Shocking images reveal the dire conditions amid France's ongoing accommodation crisis.
Santander eases mortgage rules for UK homebuyers
Santander has relaxed its mortgage lending criteria, allowing borrowers to take on larger loans. Find out how this change could impact your homebuying plans.