News broke yesterday that a visa credit card with an exceptionally high lending rate has been made available to customers by a leading financial firm. The credit card is being offered to customers who have a poor credit rating and has a whopping 365% inte...

Radical new plans have been drawn up to aid banks and building societies which are suffering the most during the current credit crisis. Chancellor of the Exchequer, Alastair Darling has set in motion plans for The Bank of England to absorb billions of mor...

Government efforts to ease the financial strain on the mortgage market were ignored by building society Nationwide, as they announced plans severely tighten its lending criteria for new customers. Despite a £50 billion cash injection from the Bank of...

Whiplash injuries account for 80 per cent of all car accident claims in the UK, but the number of bogus cases is on the increase according to Admiral Insurance. Claims for whiplash cost the insurance industry up to £1.6 billion a year, with 250...

The insurance industry has warned that many new homes could be left on the housing market and become uninsurable unless the government introduces new rigid planning controls for flood risk areas. By the year 2020, a third of the 3 million propose...

A dwindling house market in the UK could stretch the financial situation for some mortgage lenders according to credit ratings agency, Fitch. Their research has uncovered that the British housing market is set to see the trend of lower prices ...

An estimated one million people in the UK have ‘problem’ unsecured debts according to a report entitled UK Debt Problems – consumer crisis or efficient market? Published by debt management solutions firm, TDX Group, the findings showed that th...

Customers of credit card providers who have a faultless repayment record are said to be at as much risk of being cut off by their lenders as those who are out of control of their spiralling debts. Banks are beginning to identify borrowers with flawl...

It has been four years since the University of Nottingham announced research which could potentially prove some types of whiplash injury were physical. Whiplash, also known as neck sprain, is a controversial injury which is often suffered by drivers o...

Engineering experts in Australia have said that if Princess Diana had suffered the fatal crash in their country, instead of in England, she would not have died. It was recently reported that the Princess may have suffered whiplash or concussion but woul...

A new website developed by the University of Queensland in Australia has been created to offer whiplash patients around the world, help support and advice. The University of Queensland's Centre of National Research on Disability and Rehabilitation Med...

This month the Chancellor of the Exchequer, Alastair Darling has said he aims to get the damaged money markets back into shape with the help of financial experts in Washington. He has made announcements that he intends to do everything within his ...

First time buyers are being urged to wait out the mortgage mess. The markets should settle down before customers consider getting a mortgage, experts say. 100% mortgages are no longer an option and a number of banks, including The Co-op Bank and...

The last 100% mortgage which was still on the market was removed from Abbey’s offerings on the 7th of April at 10pm. This marked the end of the no-deposit mortgage era. Abbey is responsible for 1 in 10 mortgages in the UK and the bank said that these...

Experts predict that the amount of mortgage collateral available from British banks will fall by a half this year. Warnings have come from The Council of Mortgage Lenders (CML) that mortgage funds could fall to half last year’s £108 billion fund as...