With a predicted further interest rate cut expected to be announced by the Bank of England later this week, Nationwide has announced that customers on its tracker mortgages will not have any base rate decline passed on to them.
Property price predictions are not looking good for the average Briton who may have been looking to sell their home or who relied on its value for financial security. First-time buyers, however, may benefit from such figures, which show that prices of homes have continued to fall and look set to do so until 2010.
In an effort to get more saving and spending savvy, Britons are making new year's resolutions in the hope of turning 2009 into a more financially stable one than this year.
