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29th September 2009
People thinking of re-mortgaging to enjoy the savings brought by recent interest rate cuts may be in for a nasty surprise. The Bank of England cut interest rates by 0.25 per cent in December, and is widely predicted to make another 0.25 per cent cut on Fe... Read >
Author: jaisuman28th September 2009
Gold is the most precious gold on earth, and it is becoming an increasingly popular investment. In many ways it is the worldwide currency. Unlike other currencies, though, it appeals to people everywhere.
Historically gold was used as a trading curren... Read >
Author: amnorge25th September 2009
It is not surprising that technological developments in the financial sector this year have been somewhat overshadowed by the wake of the credit crunch and the continuing recession. Yet, it is fair to say that despite such developments as the historically... Read >
Author: MarkeD25th September 2009
Personal finance has become part of the national psyche since the beginning of the economic downturn, with consumers up and down the land pondering the best home for their money.
On the face of it, savers have had a torrid time of it since the crash s... Read >
Author: Graeme Knights24th September 2009
We all know about the current state of the mortgage market and the lending situation with banks. If we can afford to put up at least a 10% deposit then we are in with a chance to just even be accepted for a mortgage. These deals are of course offering poo... Read >
Author: DTM23rd September 2009
UK savers were badly hit in the worst of the recession, as base rates continued to fall to their lowest level in history – 0.5%, the rate at which they still remain, marking the sixth month in a row.
This caused the UK savings market to crash, forcin... Read >
Author: Sam Gooch23rd September 2009
As was predicted in a recent Reuters poll, after a meeting on the 6th August the European Central Bank (ECB) have announced they will be keeping interest rates on hold at 1 percent. Holding the rates for the foreseeable future is seen to be good news for ... Read >
Author: MarkeD23rd September 2009
August has been a significant month for the finance industry in the UK and Europe as a whole. While the Bank of England keeps their base rate at 0.5 percent and pumps another 50 million pounds into the UK economy in the name of quantitative easing, the Eu... Read >
Author: MarkeD23rd September 2009
Copyright (c) 2009 Jay Meisler
The "path of least resistance" is a term I have coined and not one you will likely find in a forex trading book. It is a term I use to describe the easiest path in the forex market as it looks to avoid obstacles (e.g. res... Read >
Author: Jay Meisler23rd September 2009
All over the country, students are preparing for the new Academic Year. Many of them will be starting University for the first time and face adjusting to University life and coping with their own finances for the first time in their lives. After the eupho... Read >
Author: michael challiner22nd September 2009
In today's life where every step of life need security, homeowner's loan is what can give you strength to meet your dreams. It is highly preferred loan segment by millions of UK people. As it is known, homeowner is a secure loan which need your home as co... Read >
Author: gracy21st September 2009
The Bank of England has today announced its base rate will remain at the record low of 0.5% for the sixth month running.
It also reported that it would continue to inject up to £175 billion into the economy as part of its quantitative easing scheme, b... Read >
Author: Sam Gooch21st September 2009
History Repeats Itself
Less than a century ago, long before the independence from national systems of government, the world had a de facto global currency – the Gold standard.
The gold standard was so named because all important national currencies we... Read >
Author: Phil Challis21st September 2009
People thinking of re-mortgaging to enjoy the savings brought by recent interest rate cuts may be in for a nasty surprise. The Bank of England cut interest rates by 0.25 per cent in December, and is widely predicted to make another 0.25 per cent cut on Fe... Read >
Author: Satish Yadav17th September 2009
For most people, debts are confusing and can leave many of those in the red frightened. As the mortgage rates rise and the levels of credit card debt reach a record high, debt is fast becoming a fact of life. It doesnt have to be that way. Aside from not ... Read >
Author: goru16th September 2009
If you are considering taking out financing for residential property developments then getting as much advice about the subject as possible is essential. Of course along with the advice you will also want to make sure that you get the cheapest interest ra... Read >
Author: SHAKEEB16th September 2009
With today’s economic turmoil many people are probably wondering when this recession is going end, what caused it to happen and is it going to reoccur. In this article I will give a brief history of recession in the U.S.A. what caused it to happen and s... Read >
Author: Mike Leavitt16th September 2009
Introduction of this particular policy by the insurance companies created quite a buoyant home loan market in 80s in UK. Thousands of people were delighted to know about this policy. It was real cause for people to begin hoping to have their own homes. Th... Read >
Author: Creative SEO Content16th September 2009
Personal debt in the UK has soared to record levels over the past few years. The Bank of England has recently confirmed that personal debt on a national level now amounts to more than £1,065 billion. Recent media reports suggest however that with low int... Read >
Author: wbdoyle15th September 2009
One missed credit card payment, or going overdrawn without permission, and suddenly a £30 charge can be incurred. Bank charges can seem unfair and too harsh given the frequently tiny amounts of unauthorized borrowing involved. Now it seems that the law c... Read >
Author: wbdoyle11th September 2009
If you're a homeowner on a tracker mortgage, you'll be feeling pretty pleased with yourself right now.
The Bank of England's Monetary Policy Committee has slashed the base rate from 5% in October to a record low of just 0.5%. If you've got a £150,000 ... Read >
Author: MarkeD11th September 2009
Getting into negative equity is a homeowners' nightmare - one which, unfortunately, more and more people are now suffering.
The January 2009 figures from the Halifax House Price Index show the value of the average property has fallen nearly £36,000 s... Read >
Author: MarkeD08th September 2009
Among the two most popular types of mortgages taken out in the UK these days are the standard variable rate mortgage and the fixed rate mortgage. There are further credit products obtainable that in addition come under the umbrella of a variable rate loan... Read >
Author: Sarkin07th September 2009
Nationwide - the UK's largest building society, today revealed that this month saw house prices rise again for the fourth consecutive month, as the demand for houses continues to outweigh supply.
The latest figures from Nationwide showed that the aver... Read >
Author: Sam Gooch03rd September 2009
It’s been well publicised lately that the housing market is on the brink of a crisis – in fact, the crisis has hit the US already. As mortgages become harder to come by and homeowners begin to struggle with rising interest rates and lower demand from ... Read >
Author: TerryGreen02nd September 2009
Over the most recent few months it has been hard to clarify what is suitable for those looking for home loans. The base rate has been at the historical low of only half a per cent since Februaury this year. Scores of people have gone for right to buy mort... Read >
Author: Sarkin30th August 2009
Gold bulls were given a psychological boost yesterday as European central banks announced a lower ceiling than expected for their bullion sales over the next five years, reducing their annual quota by 20 per cent to 400 tonnes.The lower ceiling is a fresh... Read >
Author: Neil Dennis28th August 2009
The advice from the Boe’s quarterly report that interest rates will probably stay at their record low of half a per cent for some time to come. Therefore if you want the best rate for your mortgage deal then looking for a tracker mortgage deal is going ... Read >
Author: DTM28th August 2009
In November 2008, the Chancellor of the Exchequer announced a fast track service to allow companies to apply to defer their corporation tax bills. In order to qualify for the deferment scheme, the business must agree their requirement with HM Revenue and ... Read >
Author: Derek Cooper28th August 2009
The mortgage market is an interesting one at the moment. There is quite a spread of mortgage policies across the different types of mortgage products, showing that finding the best mortgage deals can be first of all difficult to determine which are. About... Read >
Author: DTM19th August 2009
Over the last year, the financial sector has witnessed some extremely turbulent times, beginning with the credit crunch and moving into the recession. This has made us all more aware of our financial well-being, encouraging people to become more frugal wi... Read >
Author: Which4u19th August 2009
Savers are beginning to enjoy better rewards again after banks and building societies continue to offer more competitive deals in order to raise money to fund new mortgages and clear previous wholesale borrowing before the financial crisis.
Figures fro... Read >
Author: Which4u15th August 2009
Since the credit crunch, the mortgage market has been left suffering from a great freeze after more and more lenders became increasingly reluctant to lend.
As a result, a number of mortgage products such as the 100 per cent mortgage became extinct. Fir... Read >
Author: Arti13th August 2009
High Paying Savings Accounts to beat inflation
The latest UK retail price index in June 2009 shows an inflation rate of -1.6% so currently the outlook for savers is looking up as over the last few weeks the highest savings rates available on savings acco... Read >
Author: Money Saver13th August 2009
Unemployment in Britain hit its highest rate since 1996 in the three months to June, official figures showed on Wednesday, while the number of people claiming jobless benefit rose broadly as expected in July.
The Office for National Statistics said t... Read >
Author: elephant913th August 2009
The Bank of England has today announced plans to inject a further £50billion through its quantitative easing programme – a process used to help stimulate the economy by putting more money into circulation.
The new plans will increase total spendings... Read >
Author: Which4u10th August 2009
Retail warehouses saw the largest hike in values in July, up 1.2%, with returns close to 2% that month.
July's rise in prices comes after a 0.8% fall in June, when CBRE said UK commercial property prices were nearing an inflexion point, and follows sev... Read >
Author: tugsearch10th August 2009
Retail warehouses saw the largest hike in values in July, up 1.2%, with returns close to 2% that month.
July's rise in prices comes after a 0.8% fall in June, when CBRE said UK commercial property prices were nearing an inflexion point, and follows sev... Read >
Author: tugsearch10th August 2009
Vicky Redwood, economist at Capital Economics, suggested that GDP growth would remain 'sluggish' following the recession, if credit flows do not improve from their current level.
The comments follow the release of M4 data for the year to June from the ... Read >
Author: tugsearch10th August 2009
There are lots of people in this current recession that will try to sell you financial products, home based business and investment plans in the time of recession.
Firstly, lets look at some of the financial products. Pensions, savings, stock market an... Read >
Author: elephant908th August 2009
When will the best mortgage rates be available? The short answer is: ‘No-one knows’, but that’s not what you’re looking for. The long answer is more complicated, and the subject of much discussion – but here are a few of the important factors:
... Read >
Author: Susan Chalmers04th August 2009
As the Bank of England announced that the interest rate of 0.5 percent was going to stay as is, and that it was going to continue its original plan to buy bonds with £125 billion worth of newly printed money, some are starting to question if the storm of... Read >
Author: byerwills02nd August 2009
The housing market has shown further signs of improvement throughout the summer, recent figures have revealed.
A survey carried out by the Bank of England showed that the number of mortgages approved for house purchases last month rose from 44,169 in M... Read >
Author: Which4u31st July 2009
By Public Jobs Direct the public sector recruitment specialist
Many officials and economists around the world claim that in spring 2009 the global economy passed the critical test for what lies ahead. Although, nobody can guarantee with certainty that ... Read >
Author: Public Jobs Direct23rd July 2009
Every year the mortgage companies have made easy money from the millions of borrowers whose mortgage deal comes to its natural end and who then decide to make a switch. The customers have had tracker mortgages, or fixed rate deals for a few years, and th... Read >
Author: michael challiner23rd July 2009
There was also upbeat news from property website Rightmove which said there were growing signs that the past year's price falls have bottomed out, and from the Council of Mortgage Lenders, which said gross lending hit a six-month high in June.
However,... Read >
Author: tugsearch21st July 2009
The biggest bank in Britain, HSBC, is re-launching its popular Rate Matcher deal. The scheme offers mortgages with interest rates fixed as low as 2.49 percent for two, three, or five years - in an effort to urge homeowners to re-mortgage before interest ... Read >
Author: MarkeD18th July 2009
After a (very) long winter, spring seems to have brought a touch of sunshine to American house prices. The latest Case Shiller indices were released last week and they showed that average prices continued to fall in April 2009: the ten city index was 0.7%... Read >
Author: torcana.com@gmail.com17th July 2009
In January this year the UK government introduced the Enterprise Finance Guarantee scheme (EFG). The EFG replaced the Small Firms Loan Guarantee Scheme (SFLG) with the commitment to helping small businesses raise the funds they require to trade through th... Read >
Author: Derek Cooper17th July 2009
With house prices widely reported to be the lowest they are likely to get, research by the Association of Rental Letting Agents (ARLA) showing the increase in activity amongst landlords is not particularly surprising. However, a lack of buy to let mortga... Read >
Author: MarkeD16th July 2009
Mortgage interest rates have started to climb over the last month as the swap rates that determine how much it costs lenders to lend to each other has risen. Fixed rates are the rates in question with most of the main lenders increasing their rates in lin... Read >
Author: DTM16th July 2009
Now is the time for fixed rate mortgages as millions of homeowners look to locking in their mortgages at lower rates before we head down the track of economic recovery and interest rates start to climb in line with Bank of England interest rate increases.... Read >
Author: DTM16th July 2009
As you may have read the Bank of England kept interest rates unchanged at 0.5% last week. The bigger surprise to come out of the announcement was the decision to not increase the size of the quantitative easing package that they introduced a couple of mon... Read >
Author: Dave Simonton16th July 2009
UK's families are worse off by 17 per cent after twelve months of sliding house prices and the collapse of the stock market.This fall is the highest for at least 40 years.
On average each household's wealth has fallen 45,000 pounds because the both the... Read >
Author: michael challiner11th July 2009
According to the British Chambers of Commerce (BCC) business group, the UK's has suffered the worst of the recession, but pointed out that anticipating a speedy recovery would be a little optimistic.
The report, based on a survey covering 5,600 compani... Read >
Author: Which4u09th July 2009
You may have seen the shock headline in the UK press this week that a market leading building society will offer 125% mortgages, something we all though we wouldn’t see again. However if we did a bit deeper we realise yes it is true but is for those in ... Read >
Author: DTM05th July 2009
When we take out a credit card most of us do our best to try and find a card that offers a competitive rate of interest on borrowing. However, the problems can occur when credit card providers start to hike up the interest rates that they charge on their ... Read >
Author: Reno Charlton04th July 2009
Credit card cheques are to be banned by the government as part of a new consumer protection scheme.
The Bank of England released figures showing that people living in the UK owe £233 billion on credit cards, overdrafts and other forms of loans.
The... Read >
Author: Which4u02nd July 2009
With Bank of England Base Rate at an all time low, many savers have well founded worries about the level of returns they can expect on their hard earned savings. If this predicament rings true, fixed rate savings accounts are certainly worth thinking abou... Read >
Author: Graeme Knights29th June 2009
The Bank of England has just released its findings from a study of lending throughout May. Within the report it was stated that while there were 67,000 mortgage applications filed for home purchases throughout the month (a rise of over 45% since December... Read >
Author: sam lowe28th June 2009
Lock your cash into a fixed-rate deal for a red-hot savings rate
Savers have seen their interest rates slashed since last Autumn, as the Bank of England dropped the Base Rate from 5% to an historic low of 0.5%. With average instant-access savings rates... Read >
Author: MarkeD18th June 2009
With the economy still in a sluggish state, people are trying to save money more than ever. While many are trying to cut down on expenditures due to financial hardship or decreased income, others are simply trying to put a bit more money aside, just in ca... Read >
Author: Adam Singleton18th June 2009
After the recent cut, in the Bank of England's base rate, the divide between mortgage winners and losers is at its widest in living memory. Some very lucky borrowers now have interest on their mortgage which is next to nothing or nothing at all, these ar... Read >
Author: michael challiner18th June 2009
With unemployment rising fast in the UK, there is a growing "mortgage underclass" of borrowers who cannot break away from their lender even if the rate they are paying is wildly uncompetitive. Thousands of borrowers who mortgaged two or three years ago on... Read >
Author: michael challiner15th June 2009
Credit card firms have been under increasing pressure over recent months to be more fair to consumers with regards to charged and interest rates, particularly given the current financial climate and the fact that the base interest rate in the UK has dropp... Read >
Author: Reno Charlton12th June 2009
Last week, Moneyfacts.co.uk highlighted the extent to which credit card rates have been increasing in the UK, despite the Bank of England having lowered the costs of borrowing. Consumers may have been shocked to discover that credit cards have become even... Read >
Author: Graeme Knights12th June 2009
Recent events in the world economy have forced many people to take stock of their finances and realise just how reliant they are on credit. While mortgages, loans and credit cards may be grabbing all the headlines, it is important to remember that over... Read >
Author: Graeme Knights12th June 2009
Homebuyers with spotless credit records are being warned that they could find it difficult to take out a new mortgage as banks continue to tighten their lending criteria. Banks and building societies are rejecting loan applications at short notice as hous... Read >
Author: michael challiner12th June 2009
It looks like fixed rate mortgages are set to be the mortgage type of choice as borrowers believe the only way for interest rates to go is up. This is of course true but the big question is WHEN interest rates will rise.
Interest rates are likely to in... Read >
Author: DTM12th June 2009
Many are predicting now is the time to go for a fixed rate mortgage. The experts are predicting rates will climb over the coming months and it is better to fix your mortgage rate now to save you money in the longer term. When the Bank of England is happy ... Read >
Author: DTM11th June 2009
The Bank of England may have just opted to hold the base rate at 0.5% for third consecutive month, but it is rising interest rates that have once again caused raised eyebrows in the credit card market.
A no-change decision by the Monetary Policy Commit... Read >
Author: Graeme Knights10th June 2009
One of the hot topics in the property sector of late has been the fortunes of first time buyers, with many commentators believing that this group is key to getting the industry going again.
Indeed, as the Royal Institution of Chartered Surveyors (Rics)... Read >
Author: Graeme Knights05th June 2009
Among the many things the credit crunch has brought is an end to the perception that finance is freely available for any and all who want it. While in the past a consumer may have expected to be able to take out a loan with minimal fuss, the fact is that ... Read >
Author: Graeme Knights05th June 2009
Really understanding the essential costs to running your business and sticking to them can make the difference between survival and terminal insolvency.
The thing is to focus in on the hardcore issues, rather than shying away or being scared of distres... Read >
Author: Doug MacDonald04th June 2009
House repossessions in the UK are estimated to become as high as 200 for every day of the week, and that by the end of 2009 there will have been a total 75,000. Such high levels of home repossessions have not been seen since 1996. Despite unprecedented lo... Read >
Author: Robert Palmer04th June 2009
Because the Bank of England's base rate is so low, homebuyers are flooding back to standard variable rate mortgages (SVRs). A spokesman for a large high street bank said that they have seen significant numbers of their borrowers moving on to and staying w... Read >
Author: michael challiner03rd June 2009
Fixed Rate Bonds differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potential to lose an investment.
How... Read >
Author: Robert Bell03rd June 2009
Improving Your Financial Position
With The Bank of England predicting the UK’s economic recovery will be slow and protracted this current recession is certainly proving to be a difficult time for the UK's small and medium size businesses (SMEs). ... Read >
Author: L M McMahon20th May 2009
With all the doom and gloom that has accompanied talk of the property sector and the wider economy over recent months, Britons may well have been put off the very idea of buying their own home. Prices have been falling for some time - a fact that would no... Read >
Author: Graeme Knights19th May 2009
House repossessions rise in Q1
Nearly 13,000 Britons lost their homes to repossession in the first three months of this
year as the recession deepened, but there are tentative signs things could get better as the
year wears on.
The Council... Read >
Author: tugsearch19th May 2009
House repossessions rise in Q1
Nearly 13,000 Britons lost their homes to repossession in the first three months of this
year as the recession deepened, but there are tentative signs things could get better as the
year wears on.
The Council... Read >
Author: tugsearch15th May 2009
Having a mortgage approved is getting easier with more mortgage products available and now smaller deposits are required. Good news for house buyers and house sellers.
There are at last signs that the mortgage market is beginning to ease its grip on it... Read >
Author: Wheres My Property13th May 2009
Fixed rate mortgages are the mortgage type of choice for homeowners and first time buyers. Hardly surprising with the Bank of England dropping interest rates to 0.5 per cent and holding the rate in April.
Many consumers are realising if they go for a f... Read >
Author: DTM12th May 2009
In the past year, the property market has suffered a big blow as a result of the current financial crisis as lenders became more reluctant to approve mortgages.
According to Benjamin Williamson, of the Centre for Economics and Business Research, lendin... Read >
Author: Arti11th May 2009
Need to save cash? Which account is right for you? With Bank of England interest rates at a record low, getting the best possible return on your savings has never been more important. In today's market, it really pays to know your ISA from your fixed-rate... Read >
Author: MarkeD08th May 2009
This question should be answered in the same way as most other questions about financial services products. When you understand what lies behind the label and realise what the product offers (i.e. just what it does), then it's a question of whether the pr... Read >
Author: MarkeD06th May 2009
Many of us who are thinking about buying their first home do have a lot of concerns before they take that step on the property ladder. With house prices plummeting over the last year many have seen thousands of pounds come off the value of their home. Unf... Read >
Author: cborthwick906th May 2009
Over the past few years savers in the UK have been bombarded with tempting offers of high interest savings accounts from many financial institutions, including a number of newcomers from abroad, many of which went on to monopolise the UK savings account m... Read >
Author: Reno Charlton29th April 2009
Fixed rate remortgages is now the time to get a new deal.
Over the last 2 years interest rates in the UK have fallen from a high of 6% down to an unbelievable 0.5%. This is the lowest rate in the four hundred years that the Bank of England have been in... Read >
Author: Sarkin26th April 2009
Whether you are interested in theatre, the arts, shopping or are simply looking for a relaxing break look no further, London is the answer. In today’s current economic climate we are all looking for ways to save money so you will be glad to hear that i... Read >
Author: Mairead Foley26th April 2009
Whether you are interested in theatre, the arts, shopping or are simply looking for a relaxing break look no further, London is the answer. In today’s current economic climate we are all looking for ways to save money so you will be glad to hear that i... Read >
Author: Mairead Foley24th April 2009
The UK mortgage market is diverse with many products available from a wide selection of lenders. This article is to outline the different types of mortgage rates available, how they work, the benefits and drawbacks of each one. There are 5 main types of r... Read >
Author: Sarkin22nd April 2009
A financial advice company has revealed that more than half of UK homeowners think that property prices will not increase until at least 2010.
Whilst 18% of respondents believe house prices will not go up until 2011, 40% of people thought the property ... Read >
Author: catherine15th April 2009
Fixed rate mortgage
As the name suggests, these offer the stability and reassurance of a fixed rate of interest, generally for the first two to five years of the mortgage term. A fixed rate should help with your budgeting during the early years of your... Read >
Author: MarkeD15th April 2009
It is difficult to know where to put your money these days to get the best returns, especially with the way the economy has suffered over recent months, pushing the Bank of England to make a string of cuts to its Base rate which have in turn been passed o... Read >
Author: Samuel Gooch15th April 2009
Fixed Term bonds - also known as fixed rate bonds are savings accounts with a difference. To start with, they are more of an investment than simply somewhere to save your cash, and like most investments, they come with an element of risk.
The good thin... Read >
Author: Samuel Gooch09th April 2009
Key to doing this is ensuring you don’t hand over more cash to the taxman than you have to. But does that mean investing in an offshore tax haven or working out a tax avoidance scheme? Not at all.
What is an ISA?
ISAs, or Individual Savings Accounts... Read >
Author: MarkeD08th April 2009
As house prices continue to plummet, currently at a 21% drop from their peak, it has become increasingly difficult for many first time buyers to buy a home. Even those with a 10% deposit saved already are still faced with mortgage rates of over 6% despite... Read >
Author: Robert Palmer04th April 2009
With doom and gloom about the ‘credit crunch’ seemingly at an all time high, businesses and consumers need to take time out to research the best ways to recession proof their lifestyles. Current estimations by both the Bank of England and the IMF pr... Read >
Author: Jenny30th March 2009
Guarantee - A repayment type mortgage guarantees that your house will be paid off at the end of the mortgage term providing you keep up the agreed monthly mortgage payments. Basically there are two types of mortgages – Interest only and Repayment.
A mo... Read >
Author: Monty30th March 2009
Historic low rate - The UK is “enjoying” (not a word I would use) the lowest interest rate in history as the Bank of England (BOE) cut the mortgages rate to just 0.5%. This move by the BOE is a vain attempt to stop the decline of consumer spending.
... Read >
Author: Monty30th March 2009
The UK mortgages rate- has fallen to an historic low as the Bank of England tries to help the economy and kick start the housing market.
Lenders increase their profit margin – before the credit crunch the banks the lenders added 2pts (2%) to the bank... Read >
Author: Monty30th March 2009
Dick Turpin wore a mask – There will always be robbers but when they wear pin stripe suits they are almost in disguise. Those of you who know your history will be acquainted with the highwayman Dick Turpin who infamously wore a mask to disguise his iden... Read >
Author: Monty30th March 2009
It is difficult to know where to put your money these days to get the best returns, especially with the way the economy has suffered over recent months, pushing the Bank of England to make a string of cuts to its Base rate which have in turn been passed o... Read >
Author: Sam Gooch30th March 2009
It is difficult to know where to put your money these days to get the best returns, especially with the way the economy has suffered over recent months, pushing the Bank of England to make a string of cuts to its Base rate which have in turn been passed o... Read >
Author: Which4u27th March 2009
Landlords Should Be Cautious Before Investing in a Falling Property Market
Landlords are probably familiar with the expression that 'fortune favours the brave.'
Belief in this sentiment is certainly being challenged at the moment.
Property prices... Read >
Author: Propertyhawk27th March 2009
Landlords Should Be Cautious Before Investing in a Falling Property Market
Landlords are probably familiar with the expression that 'fortune favours the brave.'
Belief in this sentiment is certainly being challenged at the moment.
Property prices... Read >
Author: Propertyhawk25th March 2009
With each interest cut made by the Bank of England, financial pressures grow for the millions of retired pensioners who rely on savings as part of their retirement planning. It’s not much better for those who are approaching retirement, as UK defined co... Read >
Author: Andrew Regan20th March 2009
Recovery of Northern Rock Bank could fuel demand for new house builds.
The setback of the global economy has had a big effect on the British property market and builders in Bromley, Sevenoaks and Tunbridge Wells. However, recent events surrounding North... Read >
Author: OBC Building17th March 2009
With houses prices falling all over the world are world property prices good for the UK? This is becoming a real benefit for people who have the money and want to buy. A resent survey has revealed that house prices have fell all over the world as the rece... Read >
Author: sam lowe13th March 2009
Newly released plans from the Bank of England to cut the interest rate should be a great help to the conveyancing market, as thousands of prospective consumers are enticed by the chance to change their mortgage lenders in order to find a deal which is vee... Read >
Author: CatM13th March 2009
The Bank of England further reduced the Base Rate to 0.5%. This is the lowest it has ever been but what is the next step to take as there doesn't seem to be much manoeuvring space left? This is where the monetary policy of quantitative easing comes in, in... Read >
Author: Gareth Flanagan11th March 2009
This question should be answered in the same way as most other questions about financial services products. When you understand what lies behind the label and realise what the product offers (i.e. just what it does), then it’s a question of whether the ... Read >
Author: MarkeD11th March 2009
Buying a home is the biggest financial transaction most people carry out during their lives and, unsurprisingly, given the mindboggling sums of money involved, the whole process is fraught with stress.
Not only do buyers have the headache of finding t... Read >
Author: MarkeD11th March 2009
The Bank of England said it will create an additional £75 Billion of new money in order to boost lending in the UK economy. The move has been announced as the bank cut interest rates to a new record low of 0.5%, though most mortgage holders are unlikely ... Read >
10th March 2009
With so many variations of mortgages on the market it can be daunting for first time buyers and could mean they choose a mortgage which isn’t suited for them.
A tracker mortgage is worthwhile inquiring about with the current market conditions. A tra... Read >
Author: DTM10th March 2009
Expert views on how declining interest rates are affecting savers
Record low interest rates could equal massive losses for savers this year. As The Bank of England offers the lowest lending rate in history, people are starting to wonder, what now?
... Read >
Author: MarkeD10th March 2009
Many Cash ISAs move at a variable rate tracking the Bank of England base rate. However, recent dramatic cuts in base rate have seen interest rates fall to a historic low. In this low rate environment, it means that it could be time for savers to consider... Read >
Author: Andrew Regan10th March 2009
The Buy-to-let mortgage collar - Will landlords be collared?
The only upside for landlords in this slumping housing market is that BTL mortgage interest rates are also going the same way. The Bank of England base rate is dropping like a stone.
Buy-... Read >
Author: Propertyhawk10th March 2009
The City of London is considered one of the most important financial areas in the world, and the centre of finance for the UK. Home to the London Stock Exchange, Lloyd’s of London, the Bank of England, and up until recently the Financial Services Autho... Read >
Author: MarkeD10th March 2009
2008 was a rollercoaster of a year for the UK's property market. SecureASale Director Tim Jackson looks back on the ups and downs of London's housing sector over the past year…
2008 started slowly with the hangover for the manic record market of ‘07.... Read >
Author: moviesplanet10th March 2009
One of the advancements in the global banking industry that the National Westminister Bank of England has introduced in 1990, Mondex Smartcard uses a structure that aims to improve electronic cash system in different countries. Because of its efficiency a... Read >
Author: Robert Bell10th March 2009
How to sell your house in a falling market!
As we are all aware house prices in the UK are falling. In the past 12 months house prices are reported by Nationwide to have fallen by 17.6%.
Fears of job losses and a restriction on mortgage lending m... Read >
Author: Philip Doleman10th March 2009
There has been much doom and gloom about the housing market in the news but with it there are also opportunities for some buyers and sellers. Here we round up the latest news on the housing market and look at whether it is yet a time to buy.
Accordin... Read >
Author: Wheres My Property10th March 2009
There has been much doom and gloom about the housing market in the news but with it there are also opportunities for some buyers and sellers. Here we round up the latest news on the housing market and look at whether it is yet a time to buy.
Accordin... Read >
Author: Wheres My Property09th March 2009
It is vital you keep your money matters under control and as healthy as they can be.
Having some savings stashed away is always a sensible idea as no-one knows what the future will predict. Regardless of whether you haven’t started saving yet or curr... Read >
Author: Andrew Regan05th March 2009
The expected rise in redundancies has made insurers consider the withdrawal of unemployment insurance policies from their portfolios. A policyholder, who is made redundant, will receive an income from unemployment insurance cover. Hopefully this will be ... Read >
Author: michael challiner03rd March 2009
You may have read that Northern Rock is returning to the mortgage market. What a fantastic move by the government. Also in the news it was reported that there was a huge surge in mortgage applications in January suggesting many buyers want to take advanta... Read >
Author: cborthwick928th February 2009
There are people who suffer from bad credit score. The reason can be bankruptcy, CCJ( County Court Judgement) or anything else. This people find it difficult when applying for any loans. So loans for these people are specially designed to help them in dif... Read >
Author: Jennifer28th February 2009
The Reserve Bank of Australia (RBA) is the federal bank of Australia. Anything that happens financially in Australia will largely depend on this organisation – they issue the bank notes we spend and they give the Federal Government its banking services.... Read >
Author: Scott Jamieson23rd February 2009
Commercial property rentals nationally will fall by 7% in the next 2 years as the recession begins to bite, according to the latest research.
However, with sentiment in the sector worsening by the week, falls in rental value could exceed these levels, ... Read >
Author: tugsearch19th February 2009
Asked what he expects from the commercial property market next year Ian Cullen, Founding Director, of IPD said:
"The outlook for the commercial property market in 2009 is undoubtedly bleak. We’re not offering a forecast of X percent or Y percent, but... Read >
Author: tugsearch19th February 2009
Commercial property rentals nationally will fall by 7% in the next 2 years as the recession begins to bite, according to the latest research.
However, with sentiment in the sector worsening by the week, falls in rental value could exceed these levels, ... Read >
Author: tugsearch17th February 2009
In the current climate it is difficult to be sure of the best type of mortgage to go for. With the Bank of England base rate falling sharply since October it is difficult to decide which mortgage is best for you. Many who took out fixed rate mortgages las... Read >
Author: DTM17th February 2009
Copyright (c) 2009 Gareth Flanagan
Last week the Bank of England cut interest rates by another �% to a 300-year low of just 1%. It�s the fifth month in a row that rates have been cut � falling from 5% in October to just 1% now.
Good news for t... Read >
Author: Gareth Flanagan12th February 2009
Fixed Term Bonds (also known as Fixed Rate Bonds) differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potenti... Read >
Author: Which4u12th February 2009
Fixed Term accounts differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potential to lose an investment.
... Read >
Author: Which4u12th February 2009
The surprise rise of 1.9% goes against the 10 consecutive monthly falls of UK house prices, these falls have knocked off the best part of £35,000 from the average house price. This news will be welcome relief for the millions of home owners who have been... Read >
Author: Sarkin09th February 2009
The volatility in global markets amid the credit crunch makes it difficult to forecast how currencies are going to move. So what will 2009 bring for the gold price? There have been sharp fluctuations in the gold price and gold has seen daily swings widen.... Read >
Author: Neil Dennis09th February 2009
There are many mortgage types available on the UK market. While mortgage lenders have reduced the number of mortgage products available, it is no longer possible to get 125% or even 100% mortgages anymore there are many other options to consider.
The bes... Read >
Author: cborthwick909th February 2009
The recession's impact on personal credit cards has been well documented over the past few months - in fact the responsibility for the 'credit crunch' has been squarely laid at the feet of inappropriate credit lending by the banks. Many people are receivi... Read >
Author: Hannah Callen08th February 2009
There is a huge array of options available when it comes to choosing the type of mortgage you want to go with. Mortgage types are split into two types in the UK. You can either choose a repayment mortgage or an interest only mortgage.
The latter type w... Read >
Author: cborthwick903rd February 2009
Fixed term bonds are type of savings account with a difference. They have most of the same characteristics as a normal savings account, but with two big differences. They require investors to lock their money away for a fixed term, and the interest rate o... Read >
Author: Which4u03rd February 2009
Fixed term bonds area type of savings account with a difference. They have most of the same characteristics as a normal savings account, but with two big differences. They require investors to lock their money away for a fixed term, and the interest rate ... Read >
Author: Which4u01st February 2009
In these times of heightened market insecurity many people have been trying to keep risky spending and large outlays to a minimum. In years gone by, the number of people taking out secured loans against, what they hoped was, the continuing rise in value o... Read >
Author: Darell Joyce01st February 2009
In these times of heightened market insecurity many people have been trying to keep risky spending and large outlays to a minimum. In years gone by, the number of people taking out secured loans against, what they hoped was, the continuing rise in value o... Read >
Author: Darell Joyce30th January 2009
Interest only mortgage deals have declined to 23% of all mortgages sold between July and September 2008 according to a survey of more than 200 financial advisers conducted by Paragon Mortgage. The comparable figure for the first quarter of 2008 was 26%, w... Read >
Author: michael challiner30th January 2009
Many homeowners are expecting their soaring mortgage bills to fall in line with cuts in the Bank of England base rate. However brokers are warning borrowers, who have variable rate mortgages to be cautious, as there are fundamental differences between di... Read >
Author: michael challiner28th January 2009
It has been revealed that a major credit card company has raised the annual rate on its credit cards to 46%, despite interest rates dropping to their lowest level in the Bank of England’s history.
American Express also increased its yearly fee on its... Read >
Author: Catherine White25th January 2009
The housing market isn’t moving and this is creating a build up of first time buyers who would are still trying to get on the property ladder this isn’t going to change and demand will build. Click n go Mortgages have seen a huge increase in the numbe... Read >
Author: James Marshall23rd January 2009
Perhaps one of the greatest challenges of looking for UK loans is not how much you can get or the ways to get one. It’s about where to exactly search for them. Though there are a lot of lending companies these days that are offering personal loans, not ... Read >
Author: ukloanstar23rd January 2009
With 0.5 per cent cut in the interest rate down to 1.5 per cent, the lowest in the Bank of England’s 315 year history, the news will be bitter sweet to several members of the public.
Mortgage holders, will be happy as for many, this lower rate can se... Read >
Author: Ruth Jacob22nd January 2009
House prices tumbled by a further 2.2 per cent in December, after falls of 2.6 per cent in November and 2.4 per cent in October according to figures from Halifax. Market experts had predicted a 1.7 per cent drop in December.
The forecast also suggested... Read >
Author: Mildred Parker22nd January 2009
Anyone who may fall into the lower income bracket and those with a poor credit record are going to have to pay higher interest rates, up to 19.9%, to enable them to borrow money for a personal loan.
It seems very unfair but it has recently emerged that ... Read >
Author: michael challiner21st January 2009
Fixed-Rate Mortgages
Fixed-rate mortgages are those which offer to borrow you the money and keep the same interest rate throughout the whole of the repayment period. These can be extremely useful in an unstable climate, however they are now beginning to... Read >
Author: Rachael051821st January 2009
Credit is one of the major factors that affect the lending procedure. Those who maintain a good credit score don’t face any hindrance in availing a loan but the situation is quite unfavorable for the customers having bad credit score. The lending firms ... Read >
Author: Jennifer20th January 2009
There gap between the official interest rate and the one bank’s are charging consumers is growing.
Banks are increasing the cost of personal loans – pushing up their profit margins - despite the Bank of England cutting the base rate three times.
On ... Read >
Author: michael challiner20th January 2009
As the credit crunch bites building societies and banks have been forced to tighten the terms of their policies. New rigorous criteria has resulted in the amount of money lent under equity release schemes falling by two thirds over the past year.
The am... Read >
Author: michael challiner17th January 2009
The months of October and November 2008 saw the Bank of England announce a reduction in base rate interest by a total of two per cent. But while the major banks were reluctant to pass this reduction onto consumers and small businesses, pressure from th... Read >
Author: Isla Campbell17th January 2009
It is clear that the UK is in a recession we are in no doubt of that and one of the worst hit areas has been the housing market. The government have introduced a lot of ideas but are they doing enough to help? In this article I will discuss what the gover... Read >
Author: sam lowe17th January 2009
We all know that the property market is taking a major hit at the moment and house prices are at a all time low and many people are wondering how long this will last. Early predictions did state that 2009 will be a tough year for us all in particular the ... Read >
Author: sam lowe13th January 2009
The two types of mortgages are repayment and interest only. You could also have a mixture of the two. There are obviously benefits to each option, pros and cons depending on your situation.
Repayment Mortgage
A repayment mortgage will see monthly pa... Read >
Author: cborthwick909th January 2009
With all the doom and gloom over housing market, you might be surprised to know that this is a fantastic time to buy a house via a Shared Ownership & Shared Equity scheme. Even if you have bad credit. You can get a great mortgage deal with the following l... Read >
Author: James Marshall08th January 2009
The final week of 2008 passed with many markets recording their worst annual performance for generations. Equities finished above their lows, but still finished down by at least 30%. The S&P 500 closed 2008 down 38%, while the Nikkei closed down over 40%.... Read >
Author: cordieliea08th January 2009
All that we’ve heard all year has been how irresponsible banks in the United States of America have been dishing out mortgages to people who had no hope of repaying or affording in the first place. Now as we head into a new year with global banking str... Read >
Author: Andy Adams06th January 2009
As we reach the end of another year, I find myself musing over the latest housing market trends and wondering just how hard it might be to sell my house next year.
We have had more than a decade of non-stop house price growth, but now the housing marke... Read >
Author: Anand05th January 2009
Investing money is supposedly a safe discipline, to put a few pennies away for times of need, possibly to make retirement a little more comfortable. However, as many have recently found, our financial investments are far from secure and a constant worry. ... Read >
Author: Randy Shepperd05th January 2009
Investing money is supposedly a safe discipline, to put a few pennies away for times of need, possibly to make retirement a little more comfortable. However, as many have recently found, our financial investments are far from secure and a constant worry. ... Read >
Author: Randy Shepperd02nd January 2009
As we reach the end of another year, I find myself musing over the latest housing market trends and wondering just how hard it might be to sell my house next year.
We have had more than a decade of non-stop house price growth, but now the housing marke... Read >
Author: Anand02nd January 2009
Landlords reeling from the impact of rocketing inflation such as: rising petrol prices, spiralling energy costs could be welcoming all these back with open arms if the latest spectre to haunt landlords rolls into town. What am I talking about? DEFLATION... Read >
Author: Propertyhawk30th December 2008
Deciding which type of mortgage will be suitable for your needs can be complicated. The article that follows provides an insight into the advantages and disadvantages of selecting either a fixed, capped, discounted, tracker or variable rate mortgage, with... Read >
Author: Jerry Figueroa-Lee17th December 2008
There has been a lot of talk about the big winners when interest rates fall - i.e. borrowers. But what about people who rely on a reasonable amount of interest on their deposit accounts - the savers?
Falling interest rates are a nightmare for savers, a... Read >
Author: Ray Prince15th December 2008
With the Bank of England announcing that the base rate will be cut down to 2%, conveyancing lawyers are hoping that this could spell the start of a recovery in their sector. In recent months the conveyancing sector has been hit hard by the drastic decreas... Read >
Author: Claudia Liza15th December 2008
The Chancellor, Alistair Darling, has welcomed the decision by the Bank of England to lower interest rates to 2%, which is the lowest rate for nearly sixty years. Darling, who announced a cut in VAT in previous weeks warned though that the rate cuts would... Read >
Author: Claudia Liza11th December 2008
The number of people facing serious debt problems continues to rise inexorably, with recent research suggesting up to a million Britons could potentially be in genuine danger of bankruptcy. The situation will only get worse if, as predicted, the Bank of E... Read >
Author: Manbeer Singh11th December 2008
The number of people facing serious debt problems continues to rise inexorably, with recent research suggesting up to a million Britons could potentially be in genuine danger of bankruptcy. The situation will only get worse if, as predicted, the Bank of... Read >
Author: Manbeer Singh11th December 2008
Many economists are predicting interest rates to be cut further to zero over the next few months in an attempt by the Government and the Bank of England to get consumers spending again to kick start the economy.
With interest rates currently at 2% and ... Read >
Author: cborthwick908th December 2008
The UK’s biggest building society has announced on Thursday it will pass on the full one percentage point cut for existing tracker customers. RBS/Natwest also said on Friday that they would be cutting their mortgages by 0.75 of a percentage point. The g... Read >
Author: cborthwick904th December 2008
People having good credit score are welcomed everywhere with dollies in offer whenever they seek some loans. Contrary to these, poor creditors or those having credit score are given lukewarm response when the go for normal loans and lender tend to squeeze... Read >
Author: Jennifer04th December 2008
The bank of England cut interest rates from 4.5% down to 3% this month and then commented that they had thought of a bigger drop in the base rate. But they were worried about the message a bigger drop in interest rates would have sent into the market. Wha... Read >
Author: SEO Positive04th December 2008
The bank of England cut interest rates from 4.5% down to 3% this month and then commented that they had thought of a bigger drop in the base rate. But they were worried about the message a bigger drop in interest rates would have sent into the market. Wha... Read >
Author: SEO Positive03rd December 2008
The recent economic downturn has led to nervous times in the construction industry. Construction recruitment has been slashed as building projects are put on hold, whilst potential buyers slam the door shut on their finances and ride out the economic stor... Read >
Author: Robert Palmer03rd December 2008
The credit crunch has brought the inevitable uncertainty to the credit card market. With the Bank of England dropping its base rate, there was an expected decrease in interest rates, concerning a number of products. Instead, loan companies, and more rece... Read >
Author: Rachael051803rd December 2008
Unfortunately more bad news has been released in the form of further falls in approval rates. Despite the government’s attempts to improve the mortgage market by lowering the base rate to 4.5%, approval mortgage rates have dropped further.
The Bank of ... Read >
Author: cborthwick903rd December 2008
The bank of England cut interest rates from 4.5% down to 3% this month and then commented that they had thought of a bigger drop in the base rate. But they were worried about the message a bigger drop in interest rates would have sent into the market. Wha... Read >
Author: SEO Positive03rd December 2008
At the moment the government has a great interest in the UK and world banking system; many pundits believe that for too long the banking system and specifically the inter-bank lending has run amuck and is one of the many reasons for our current credit cri... Read >
Author: Andy Adams03rd December 2008
Loans, mortgages and credit cards are all financial products that many people are finding they cannot get approved for at the moment, the state of banking and lending in not only England but all over Europe and the United States of America has been left w... Read >
Author: Andy Adams03rd December 2008
The bank of England cut interest rates from 4.5% down to 3% this month and then commented that they had thought of a bigger drop in the base rate. But they were worried about the message a bigger drop in interest rates would have sent into the market. Wha... Read >
Author: SEO Positive03rd December 2008
If you find yourself in a vicious circle of debt with a number of credit card or store card providers then you will be pleased to hear that the government have met with the top lenders to conjure a deal which will ease the strain off struggling borrowers.... Read >
Author: barryloughran@live.co.uk01st December 2008
The economy will be helped to recover by the Bank of England's interest rate cut, it has been claimed. Vicky Redwood from Capital Economics stated that last week's base rate cut will increase confidence within financial markets, adding that rates are "pro... Read >
Author: MarkeD01st December 2008
With the current state of the property market in the UK its clear that these are not good times at all if you are looking to buy or sell your home. House prices falling meaning if you are selling your house you aren’t getting as good a return on your in... Read >
Author: sam lowe01st December 2008
The UK's struggling housing market received some good news this month; the number of mortgages taken out had risen by 7 per cent raising the total to £18.7 billion as opposed to Septembers 'weak' £17.5 billion. Even with the total figure rising from las... Read >
Author: barryloughran@live.co.uk01st December 2008
The fact that the Bank of England (BOE) has slashed interest rates by 1.5% to 3%, I think shows how worried they are about the British economy.
In a Bloomberg survey of 60 economists, nobody had predicted such a large cut in one go.
You would be for... Read >
Author: Ray Prince01st December 2008
Now is a good time to get car loans in the UK because car prices are dropping and interest rates are falling.
Even though there has been more than a 26% drop in car sales, now is a good time to consider financing the car of your dreams. Many car dealer... Read >
Author: finlaymadison30th November 2008
Now is a good time to get car loans in the UK because car prices are dropping and interest rates are falling.
Even though there has been more than a 26% drop in car sales, now is a good time to consider financing the car of your dreams. Many car dealer... Read >
Author: finlaymadison27th November 2008
A shock result from the Bank of England as they cut interest rates by one-and-a-half percentage points, the lowest base rate since 1955.
Initially the news was welcomed by millions of homeowners as they have been struggling with high mortgage repayment... Read >
Author: cborthwick926th November 2008
Ok, many landlords are reading this and probably think I’m mad.
The credit markets are in turmoil. Banks are falling like nine pins. Getting a buy-to-let mortgage is about as easy as winning the pools. This means that as a landlord’s fixed term ... Read >
Author: Propertyhawk26th November 2008
Ok, many landlords are reading this and probably think I’m mad.
The credit markets are in turmoil. Banks are falling like nine pins. Getting a buy-to-let mortgage is about as easy as winning the pools. This means that as a landlord’s fixed term ... Read >
Author: Propertyhawk24th November 2008
Last week the Bank of England hit the headlines with an unexpected 1.5% rate cut. The move was largely pre meditated as a shock tactic to boost the ailing UK economy ahead of the all important Christmas period. Spreading the cut over a number of months wo... Read >
Author: cordieliea22nd November 2008
In the wake of last weeks shock announcement by Bank of England of a 1½% interest rate drop from 4.5% down to 3%. This was not before time! Around 40 mortgage lenders withdrew their trackers rate products from the market and said they would be reviewing ... Read >
Author: SEO Positive22nd November 2008
Yesterdays announcement by the Bank of England delivered an unexpected statement that they were cutting their base rate by 1½% from 4.5% to 3%. It has been done to kick start our stalling economy and to try and prevent a deepening recession. Everyone wa... Read >
Author: SEO Positive20th November 2008
Yesterdays announcement by the Bank of England delivered an unexpected statement that they were cutting their base rate by 1½% from 4.5% to 3%. It has been done to kick start our stalling economy and to try and prevent a deepening recession. Everyone wa... Read >
Author: SEO Positive20th November 2008
In the wake of last weeks shock announcement by Bank of England of a 1½% interest rate drop from 4.5% down to 3%. This was not before time! Around 40 mortgage lenders withdrew their trackers rate products from the market and said they would be reviewing ... Read >
Author: SEO Positive20th November 2008
Yesterdays announcement by the Bank of England delivered an unexpected statement that they were cutting their base rate by 1½% from 4.5% to 3%. It has been done to kick start our stalling economy and to try and prevent a deepening recession. Everyone wa... Read >
Author: SEO Positive18th November 2008
Deflation -far more dangerous than inflation - is becoming a very real danger to your business. Central Banks traditionally believe that printing money cures deflation by increasing inflation - an over-application of Keynesian economics. But does history ... Read >
Author: Tom Lambert17th November 2008
All but two banks ignored government calls to cut their interest rates for new customers and on top of this, more than 20 lenders withdrew deals that would have reduced the amount of monthly mortgage repayments that borrower’s were making.
These with... Read >
Author: Gill17th November 2008
There is little doubt that over the past year interest rates on borrowing in the UK have rocketed, and many people have been forced to pay a fortune in interest on their borrowing.
However, it seems that whilst lenders are always quick to bump up inte... Read >
Author: Reno Charlton10th November 2008
Growing Economy
According to the Bank of England the credit crunch is now over and the economy will continue to grow.
They reckon it will grow by 2% this year which is more than the 1.7% that the Chancellor surmised in the Budget.
IT budgets are ... Read >
Author: Robert Basler10th November 2008
Booming demand for IT Contractors
Growing Economy
According to the Bank of England the credit crunch is now over and the economy will continue to grow.
They reckon it will grow by 2% this year which is more than the 1.7% that the Chancellor sur... Read >
Author: Robert Basler31st October 2008
With the Bank of England’s base rate being recently lowered, it has led to a general assumption that personal loan rates with lower accordingly. Surprisingly, for people who have been looking to apply for a personal loan, they have found that rates hav... Read >
Author: Rachael051830th October 2008
Reuters have conducted a poll amongst analysts from different banks, consultancies and investment firms and the results forecast an obscure future for the residential property market in the UK, compared to the indicators obtained last year from similar st... Read >
Author: tugsearch27th October 2008
Economists in the UK are expecting the average price of a house to plummet by a staggering £65,000 in the next 12 months. The 35% drop is the worst ever seen in the UK, and looks set to plunge thousands of homeowners into negative equity.
Negative equ... Read >
Author: Jay Tillotson27th October 2008
With the credit crunch now set to develop into a full blown recession with news from both the Prime Minster and the bank of England confirming this, I think both are giving in to the fact it’s a forgone conclusion. However it’s not all bad news with t... Read >
Author: sam lowe20th October 2008
Recently the Prime Minister, Gordon Brown, and the Chancellor, Alistair Darling, announced that the base rate in the UK was being cut by 0.5% in a surprise move a full day ahead of the scheduled Monetary Policy Committee meeting, which is where the intere... Read >
Author: Reno Charlton17th October 2008
In 2006 the U.K. was enjoying an economic boom – our economic growth rate outstretching inflation by a strong margin - with further growth predicted. Consumer inflation stood at the 2% mark, wavering to 2.2% towards the end of the year, while our annual... Read >
Author: RicReev17th October 2008
With reports that the credit crunch is showing no signs of abating, it is a commonly held belief that the UK is being led into recession. The rising cost of essentials like food, fuel and electricity has put a huge strain on the country’s economy and ... Read >
Author: Isla Campbell15th October 2008
The United States Federal Reserve Bank has just offered an $85billion emergency loan to AIG, while Arnold Schwarzenegger asked the same Reserve for a $7bn loan to make up a shortfall in taxes. With the world economies linked so intricately it is a questio... Read >
Author: RicReev15th October 2008
The United States Federal Reserve Bank has just offered an $85billion emergency loan to AIG, while Arnold Schwarzenegger asked the same Reserve for a $7bn loan to make up a shortfall in taxes. With the world economies linked so intricately it is a questio... Read >
Author: RicReev14th October 2008
If you want a stock market education, follow the people who predicted the credit crunch. Believe it or not, there were a lot of people who saw the problems build and tried to bring attention to it. The problem was that no one in authority would listen. Th... Read >
Author: Barry Wallis14th October 2008
If you want a stock market education, follow the people who predicted the credit crunch. Believe it or not, there were a lot of people who saw the problems build and tried to bring attention to it. The problem was that no one in authority would listen. Th... Read >
Author: barry@thestockmarketcode.com13th October 2008
Moneyfacts has revealed the number of mortgage products offered by mortgage lenders for new borrowers is at its lowest value since the start of the credit crunch.
One year ago mortgage lenders offered 10,726 mortgage products to new borrowers; last Fri... Read >
Author: cborthwick910th October 2008
Even though there are some reports that fuel and food prices have actually started to drop during September 2008, the doom and gloom of recession is still hanging over the UK economy, forcing most to review their spending habits and devise novel, new wa... Read >
Author: Isla Campbell10th October 2008
The financial scenario of UK has changed a lot in last decade. The lending organisations are following much liberal vision for their business. The lenders in UK have recently come up with an innovative product called unsecured loans for people with bad cr... Read >
Author: Karen Wardman02nd October 2008
The world's third largest retailer and Britain’s largest supermarket Tesco is planning to take advantage of the shortage of mortgages offered by banks caused as a result of the credit crunch.
Its Tesco Personal Finance (TPF) counterpart will also be ... Read >
Author: Which4u30th September 2008
When the monetary policy committee decides to change its interest rate, the effect is that all banks and similar deposit-takers have to follow suit and alter the interest rates at which they lend and borrow by something like the same amount.
This means... Read >
Author: SEO Positive29th September 2008
The financial market in the UK is very demanding and dynamic in nature. Every individual in that market has his or her own wants and demands. It is not possible for the financial institutions to satisfy all of them with a single product. They have innovat... Read >
Author: mtthw3hpknsn26th September 2008
With an imminent US bail out planned for Wall Street and new support from the Bank of England and central banks for other financial systems buying a property to renovate is an excellent opportunity. Here we look at why and how to do it.
Property price... Read >
Author: Wheres My Property26th September 2008
With an imminent US bail out planned for Wall Street and new support from the Bank of England and central banks for other financial systems buying a property to renovate is an excellent opportunity. Here we look at why and how to do it.
Property price... Read >
Author: Wheres My Property25th September 2008
Fixed rates-
Fixed rates are what they sound like, they stay fixed for certain periods of time, usually 2, 3, 5, 7 or 10 years but they can sometimes last for the entirety of the deal depending on the lender. Beware that the longer the fixed rate, then... Read >
Author: barryloughran@live.co.uk25th September 2008
Taking a mortgage out will be the biggest financial commitment you make in your life. Previously, people would pay a visit to their bank and undergo an interview with the manager to arrange the details of their mortgage loan but with today's ever competit... Read >
Author: barryloughran@live.co.uk24th September 2008
A secured loan is much better than an unsecured lending. A loan which is secured against any property has a lower rate of interest and the Annual Percentage Rate (APR) for these loans are lesser than others. Consumers in UK are interested in the mortgage ... Read >
Author: Andrea Fletcher23rd September 2008
Definitions of terms commonly associated with mortgages and property ownership in the UK.
Added to Loan
The costs borrowers incur when arranging a mortgage. Usually refers to expenses such as arrangement and administrative fees.
Administration F... Read >
Author: Rich Bendall23rd September 2008
Inflation is on the way back.
The Consumer Price Index has risen 0.6% from June to July (and is now over double the Bank of England's official target of 2%) and the Retail Price Index (excluding mortgage interest bills) has increased by 0.5% to reach 5.3... Read >
Author: Armand200023rd September 2008
The week began with thousands of employees turning up to work at the famous Lehman Brother investment bank to find they no-longer had jobs after the bank filed for bankruptcy. The bank had been operating for over 150 years before they fell victim to the c... Read >
Author: Which4u22nd September 2008
What we witnessed this past week is what the TREND letter has been predicting would happen over 2 years ago – so we cannot be surprised. But whether or not we were surprised, it is still quite numbing when you see such a disaster occur. Last week, we sa... Read >
Author: Martin18th September 2008
People in UK think that it is not at all possible for the bad credit people to avail a personal loan. Even if you are allowed to borrow some cash advance, that will come with a high rate. These apprehensions are totally wrong and baseless as the lenders a... Read >
Author: Jennifer17th September 2008
More and more homeowners are turning to their credit cards in order to pay the monthly bills such as utilities and mortgage payments.
According to a UK debt management service, this is due to the current financial climate that has led to prices increas... Read >
Author: Gill16th September 2008
Britains expectation of further inflation in the next 12 months was at a series high in August, new figures from the Bank of England and GfK NOP show.
When asked what they expected the rate of inflation will be in a years time, UK residents questioned ... Read >
Author: ARouse11th September 2008
Government of UK makes monthly payment to the people who do not have a permanent employment status. Depending on the status and Jurisdiction of the unemployed or disabled person the sum varies. Few of them cover only the basic needs of the person and othe... Read >
Author: Richard Pasic11th September 2008
At present, Commercial Mortgages are the perfect way to finance the development of a business, as they provide flexible and economical financing solutions. For businesses confronted with severe economical snags, commercial mortgages are the finest way to ... Read >
Author: Kaushik Mukherjee11th September 2008
Bad credit mortgages are aimed at individuals who have a bad credit history. Individuals who have a past record of not repaying their arrears on time can borrow from a bank. This provides them with an option to improve their credit ratings. In these cases... Read >
Author: Kaushik Mukherjee11th September 2008
Government of UK makes monthly payment to the people who do not have a permanent employment status. Depending on the status and Jurisdiction of the unemployed or disabled person the sum varies. Few of them cover only the basic needs of the person and othe... Read >
Author: Richard Pasic10th September 2008
Updated September 10, 2008
Russia’s equity market remains the hostage of the facilities outflow by the foreign investors that fear high geopolitical risks. The macroeconomic negative situation of the USA encourages the sales of the stock assets. by I... Read >
Author: Sergey09th September 2008
Britain's economy failed to expand in the second quarter of this year for the first time since the slump of the early 1990s and raising expectations interest rates will fall to avoid a recession.
The Office for National Statistics revised down its GDP ... Read >
Author: tugsearch09th September 2008
Mortgage approvals hit their lowest in at least 15 years in July and the manufacturing sector shrank for a fourth straight month in August, surveys showed today."Prospects for the UK economy remain grim," said Michael Saunders, a Citigroup economist. "The... Read >
Author: tugsearch09th September 2008
The last financial year was full of ups and downs in the financial market of UK. The rate of auto loan was reduced as the Base rate of Bank of England went down. The lenders in UK were also happy to lower the interest rates for their products.
While yo... Read >
Author: Gavin Hadley09th September 2008
Most people in the UK are familiar with the word mortgage; but how many know exactly what the word means and how mortgages work?
The word mortgage is derived from the French language and literally means “dead pledge”. It was based on the fact that... Read >
Author: Adam Singleton08th September 2008
It is claimed that once the "spike" of inflation has past the Bank of England will be better placed to cut interest rates. A Council of Mortgage Lenders spokesperson stated that the MPC (monetary policy committee), are unable to reduce interest rates, bec... Read >
Author: ARouse08th September 2008
It’s reasonable to say that most people actually want to be liked, and enjoy it when people hold them in high regard!
Often when we go about day to day activities, we’re our own worst enemy when it comes to how other people perceive us. A lot of t... Read >
Author: Ross G08th September 2008
A new report released by the Centre for Economics and Business Research (CEBR) has forecast that the fall in house prices will come to an end in 2009 and then be followed by three years of rising prices, resulting in an overall rise in prices of 30%.
Thi... Read >
Author: cborthwick908th September 2008
If you don't spend time choosing the right savings accounts, you could actually end up losing money! This may sound ridiculous, surely your money is safe? The answer is yes, of course your money is physically save. The loss actually takes place in a far m... Read >
Author: Which4u08th September 2008
Within hours of British holiday companies reporting a surge of people taking an overseas holiday, the Bank of England issued yet another warning that the British economy could be in recession within the next six months.
Over in mainland Europe, countri... Read >
Author: Robert Palmer08th September 2008
The people in UK, who has a property of their own and are facing any financial urgency, can apply for a secured loan on their property. You may have a mortgage in your property and need some cash to deal with the present financial crunch; you may release ... Read >
Author: Daren Jone08th September 2008
The people in UK, who has a property of their own and are facing any financial urgency, can apply for a secured loan on their property. You may have a mortgage in your property and need some cash to deal with the present financial crunch; you may release ... Read >
Author: Daren Jone05th September 2008
It has been only couple of months when financial press was lamenting the fate of US dollar. All time or multi year low against many currencies, credit crisis, housing market in shambles, nightmarish deficit. Seemed like every news hitting the wire was wor... Read >
Author: Mike P. Kulej05th September 2008
The current property market in the UK is in a strange period of uncertainty that is probably the largest in sixteen years. This has result in a lot of talk in the press about implications of property slump, the reasons it is happening and what the bank of... Read >
Author: Robert Palmer05th September 2008
Fixed rate mortgage
The main negative feature of a fixed rate mortgage, is that is the Bank of England lowers the interest rates then, your monthly repayments will not change, that is until the end of your agreed period. In general, at the end of the bo... Read >
Author: Robert Palmer05th September 2008
The Bank of England decided last week to hold interest rates at 5%. The Money Policy Committee (MPC) wasn’t in the position to reduce rates (as much as it may have liked to) because inflation has jumped from 3.8% to 4.4% and food prices have rocketed by... Read >
Author: cborthwick905th September 2008
House prices have now fallen for ten months consecutively, dropping by 10.3 per cent since the beginning of this year.
The average property price now stands at £164,654 after having almost £20,000 wiped off its value. In the last year property values... Read >
Author: cborthwick904th September 2008
The credit crunch has been at the forefront of most people’s minds recently and the term itself is slipping into everyday usage. But what exactly does it mean?
A credit crunch scenario lives up to its name and comes about when banks and lenders d... Read >
Author: pmcindoe02nd September 2008
Commercial mortgages are very much like residential ones in that you use property as collateral to either buy or refinance that property. It provides a flexible and affordable solution to provide a financial boost to your business, as well as the best way... Read >
Author: Robert Palmer02nd September 2008
Yesterday I read some worrying news that credit card spending is still increasing dispite the past 12 months warning we've had in the form of the credit crunch.
UK consumers are using credit cards as means of day to day living, so using their credit ca... Read >
Author: SimonDuffy01st September 2008
The last decade witnessed an explosion in cheap credit and low interest rates which has contributed to greater numbers of people getting hopelessly into the never ending debt trap. Collectively Britons owe more than £1 trillion on unsecured lending such ... Read >
Author: Aisha Cristal01st September 2008
If you are facing trouble to meet up all your personal expenditure or you got over burdened by the unexpected tax bills or credit card bills, medical expenditure or you want to go for a vacation in Greece or Italy or want to buy a car but you are turned d... Read >
Author: Daren Jone28th August 2008
Taking out IVA secured loan with an IVA is really hard. Fortunately, due to diversification of loan market and advent of the specialist lenders, IVA secured loans are available now. The flexibility of this loan allows you to make overpayment and take paym... Read >
Author: Christian Phelps27th August 2008
Petrol and food prices have rocketed, mortgage refusals are at a new record high and house prices are on the down � but why is all this happening? Between April 2007 and April 2008, petrol prices rose by a massive 17% on average, whereas food prices als... Read >
Author: Robert Palmer21st August 2008
Cash on deposit in a bank or building society can earn interest. The amount of interest that you will receive depends upon a number of different things:
*The general level of interest rates set by the Bank of England
*The size of your investment may... Read >
Author: Emma Bunting19th August 2008
You have fallen in love with your ideal home, and your offer has been accepted. There is just one snag - you can't get shot of your old house quickly enough and the deal is at risk of falling through. A bridging loan may be the only way to keep the deal... Read >
Author: Christian Ward15th August 2008
IVA is a cost effective alternative possibility for people who have run into financial difficulties and who might otherwise have to declare themselves as bankrupt or insolvent.
However, the biggest problems with IVAs are that once you are under an IVA, ... Read >
Author: spears15th August 2008
You have fallen in love with your ideal home, and your offer has been accepted. There is just one snag - you can't get shot of your old house quickly enough and the deal is at risk of falling through. A bridging loan may be the only way to keep the deal o... Read >
Author: Christian Ward13th August 2008
A standard variable rate mortgage (which is SVR for short) is the standard borrowing rate offered by loan companies. It has a tendency to mimic the Bank of England Base Rate, moving higher and lower a long with it. Loan providers will most often charge 1%... Read >
Author: Christian Ward12th August 2008
The idea of a savings account is fairly simple to understand. People use savings accounts to set aside money for safekeeping and potentially earn interest or benefits from their bank for doing so. Banks pay interest to consumers and businesses to encourag... Read >
Author: Nicholas Hunt29th July 2008
Brits have been hit by a 26 per cent rise in the cost of living over the last two years as everyday bills creep up, according to insurance provider, Combined Insurance.
The insurer’s cost of living tracker, which follows monthly spends on living cos... Read >
Author: Ruth24th July 2008
Overdraft and personal loan debt levels have increased in the UK from £161 billion to £177 billion over the past year; this is due to more and more people having to use them in order to cope with the rising living costs.
The Bank of England has recen... Read >
Author: Gill24th July 2008
Consumers looking for unsecured loans may find that the interest rates on the loans may start to increase as Payment Protection Insurance loan sales begin to drop.
A leading financial research website has found that a drop in the sales of Payment Prote... Read >
Author: Gill24th July 2008
Arranging a mortgage is one of the biggest financial decisions you can make in your life and as such it pays to know exactly what all the terminology means. This will allow you to avoid any surprises further down the line which might arise from misconcept... Read >
Author: Isla Campbell22nd July 2008
Deciding it’s time to buy a new home is a huge undertaking. Not only do you have to consider where you want to live and the type of property you want to purchase, but you also have to contend with the thousands of mortgages on offer, as well as unfamili... Read >
Author: Daniel Collins22nd July 2008
Analysts say that the property market for development finance UK is receding in price. Although that can be unbeneficial to some existing property owners, it also provides possible bargains for others. If you are looking for a bargain however, you need to... Read >
Author: Cherry B17th July 2008
Building societies in the UK saw a fall of more than £1 billion in their mortgage lending during March 2008 according to published home loans data. They also observed a drop in advanced net loans from £1.8 billion to £580 million compared to the same m... Read >
Author: Phil 17th July 2008
Unsecured lending jumped suddenly during February 2008 by £2.4 billion it was revealed by the Bank of England, which is claimed to be as a result of a rise in students seeking loans to cover tuition fees and maintenance costs.
This is the claim by th... Read >
Author: Phil 16th July 2008
Home loans are easily available in the UK these days. Generally they are offered at various rates which include home loans at fixed rates, home loans adjustable rates and home loans with balloon-rates. All these rates are based on the base interest rate s... Read >
Author: mariane15th July 2008
Large banks in Britain such as HSBC, Barclays and Nat West approved less mortgages in May since the same time in 1997. The cause of this is reluctant buyers, high asking prices and increasing household outgoings. The British Bankers Association said that ... Read >
Author: Linsey Summers14th July 2008
One area of the real estate market is bucking the generally negative trend, with values and sales volumes up. Fractional ownership of luxury real estate has been slowly gaining in popularity over the last 10 years or so, but now seems set to reach a tipp... Read >
Author: Neil Robertson14th July 2008
Interest rates in the UK have continued to rise over the last few months despite the Bank of England base rate remaining stable. Recent reports show that the cost to lenders for mortgages is continuing to go up, with lenders increasing rates as recently a... Read >
Author: Danielle Fletcher14th July 2008
One area of the real estate market is bucking the generally negative trend, with values and sales volumes up. Fractional ownership of luxury real estate has been slowly gaining in popularity over the last 10 years or so, but now seems set to reach a tipp... Read >
Author: Neil Robertson11th July 2008
March 2008 saw the lowest ever number of people taking out mortgages to buy homes with the amount falling by 46 per cent over a year to 35,417 house buyers wanting loans.
At there peak, banks were handing out over 3,000 mortgages a day; however that nu... Read >
Author: Phil 07th July 2008
Over the last few months and again today I've seen new tracker mortgages being pushed by lenders here in the UK and it got me thinking about the current mortgage market and if these products are a good or bad thing if I had to remortgage right now?
I'l... Read >
Author: SimonDuffy07th July 2008
Industry figures have shown that the number of new mortgage applications approved by the major banks fell again in December. British Banker’s Association (BBA) members approved 42,088 new mortgage loans last month, the lowest figure that has been seen s... Read >
Author: Jemma06th July 2008
Officials from the credit cards market have suggested that some consumers may be able to get the high interest rates on their credit cards reduced simply by contacting their providers and negotiating with them.
An official from Fool.co.uk recently said... Read >
Author: Mildred06th July 2008
The crisis in the housing market deepened today after mortgage lender Halifax reported a dramatic slump in prices and Bellway became the latest builder to issue a profits warning.
Halifax said the average price of a house in Britain fell 2.4% in May al... Read >
Author: Mildred06th July 2008
Very bad mortgage lending statistics and a profit warning Bradford & Bingley yesterday underlined the crisis facing the housing market as the credit crunch continues.
The Bank of England said new mortgage approvals in April dropped to a record low, muc... Read >
Author: Mildred02nd July 2008
When you have an IVA lodged against you, obtaining a loan against property is difficult. IVA is the abbreviation of Individual Voluntary Arrangement. This system was were introduced by the 1986 Insolvency Act. Since the introduction of IVAs, many Britons ... Read >
Author: Aisha Cristal01st July 2008
In the space of only two years the mortgage market has been turned upon its head, sparked by the near collapse and subsequent nationalisation of the Northern Rock, and accentuated by a full scale credit crisis. It appears that the cost of borrowing seems ... Read >
Author: Daniel Collins30th June 2008
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... Read >
Author: Sarah Othman30th June 2008
The mortgage market has been on a downturn for almost a year now with a slump of 19% from last May. It has been particularly bad news for first time buyers as they have struggled to get a mortgage in today’s hostile financial market. Mortgage lending wa... Read >
Author: Karl Bantleman27th June 2008
UK house prices are predicted to drop by a massive 35% this year, according to the latest forecasts from a leading mortgage body.
The Council of Mortgage Lenders [CML] say that property market in England and Wales has already recorded a 7% fall this ye... Read >
Author: Mildred27th June 2008
New figures released by the Bank of England show that purchases on credit cards have risen in the first quarter of 2008.
Compared with the same time period in 2007, card purchases rose by 8.9 per cent. Both the number of purchases made on credit cards... Read >
Author: Carys Robshaw25th June 2008
An offset account is a clever account because it link’s savings and a loan, normally a mortgage, and uses the savings account to offset the loan. The savings account balance stands in as the figure to be offset from the total outstanding mortgage. The i... Read >
Author: Alex Rose25th June 2008
Late Payment of Debts - A Reminder
Are You Making Use of Remedies Provided by Legislation?
Late payment by Debtors can have a detrimental effect on your business's cash flow and reduce its profits so much so that your business could be threatened.
It... Read >
Author: David Harland24th June 2008
Summary: Small personal loans are not only useful for renters but also for those home owners who do not want to pledge their homes or property. On the whole, these loans require the borrowers to have a sound repayment potential.
If a person is looking ... Read >
Author: Amenda23rd June 2008
Poor inflation judgment by the Bank of England has pushed interest rates to soaring levels for a second day running, suppressing any hopes of looming cut in new mortgage rates.
Three-month sterling Libor, the benchmark rate used to price many loans, so... Read >
Author: Mildred21st June 2008
Immediate monetary requirements can be made with the personal loans in UK. They are easy to get and easy to repay. Anybody who is above 18 years of age can apply for a personal loan in UK. These loans are usually guided by the FSA rules and regulations. H... Read >
Author: Richard Pasic20th June 2008
Bad credit ratings are no more a concern for getting a loan. Bad credit loans are getting popular day by day in UK financial market. Both secured and unsecured lending is being practiced. These products may not be FSA regulated. Annual percentage rate is ... Read >
Author: Jennifer20th June 2008
Bad credit ratings are no more a concern for getting a loan. Bad credit loans are getting popular day by day in UK financial market. Both secured and unsecured lending is being practiced. These products may not be FSA regulated. Annual percentage rate is ... Read >
Author: Jennifer18th June 2008
Following the recent credit-crunch, caused by the 2007 American sub-prime mortgage crisis, banks have become increasingly wary of entering into mortgage deals with consumers. The number of approved mortgages in the UK dropped to an all-time low in Mar... Read >
Author: Andrew Regan16th June 2008
Inflation is something that attacks affordability. At the moment, consumers are finding in particular that food and fuel is less affordable. Charged with the task of keeping price rises under control, the Bank of England's monetary policy committee (MPC) ... Read >
Author: Assetz UK13th June 2008
The Bank of England's monetary policy committee (MPC) has decided not to change the base rate of interest for the second month running, it currently stands at five per cent.
The MPC has made 6 decisions on the interest rates so far this year, 4 of whic... Read >
Author: ARouse11th June 2008
Property has always increased in value, usually far in excess of the inflation rate.
Buying property enables the investor to secure borrowing which can then be used to increase the magnitude of an investment; this cannot be said of most other types of ... Read >
Author: Lester Emanuel11th June 2008
It appears that banks are pushing up the cost of personal loans to help boost their profit margins, despite a decision by the Bank of England to cut the base rate on three occasions.
The interest rate on a loan of £5000 was up on average by 0.71 of a ... Read >
Author: Phil 10th June 2008
From standard variable rates to cashback remortgages there are numerous ways the borrower can go about refinancing the loan on their home. Here is a simple guide to the basic options.
Standard Variable Rate:
The SVR is most basic form of all remortgag... Read >
Author: Aaron Hill10th June 2008
The end of a tax year always signals changes in the financial sector, and is a good time to have a rethink about where you are investing your money. Individual Savings Accounts (ISAs) are a great way to save, as there is no tax to pay on interest earned... Read >
Author: mpressman09th June 2008
A new nationwide consumer poll from Lloyds TSB has suggested that concerns about food, fuel and energy costs are driving expectations of high inflation in the year to come.
The consumer barometer identified that average expectations for inflation in th... Read >
Author: ARouse09th June 2008
Monetary requirements are there for every individual. Easiest way of getting instant money is to take a personal loan. You can apply for an online loan. In UK every lender has their website. You can visit and shop around to get the best deal available.
... Read >
Author: Richard Pasic06th June 2008
Very quietly and almost unnoticed by financial media in US , the European Central Bank has reached an important milestone - 10 year anniversary. The ECB came into being June 1, 1998, as 11 European countries drew closer to merging their currencies. The Eu... Read >
Author: Mike P. Kulej04th June 2008
At a recent televised press conference, no less a financial expert than the Governor of the Bank of England Mervyn King warned that the 'nice decade' was over and that the British economy was now on a bumpy road while adjusting itself, and noted that pers... Read >
Author: Robert Palmer04th June 2008
Reports have come though this month from the government stating that home repossession orders in England and Wales have hit the highest level since back in the 1990’s. The numbers have become apparent over the last three months, and economy experts say ... Read >
Author: Jennifer Quirk30th May 2008
Anyone that has used a credit card that does not offer 0% interest will know that the APR on these cards can be extremely high, and for those that pay their balance gradually rather than in full each month the interest can really pile up.
Since Decemb... Read >
Author: Reno Charlton23rd May 2008
There are numerous borrowings belonging to the class of commercial lendings in the UK, which cater to the needs of such companies. In fact, the lending sector has showed tremendous growth to accommodate the requirements of such companies trying to enter i... Read >
Author: Anaya Erika22nd May 2008
While it may not be wise to pre-empt the minutes of the Bank of England monetary policy committee's meeting on interest rates this month, it appears not to have been such a good few weeks for those keen to see the property market picking up again.
First... Read >
Author: Assetz UK22nd May 2008
Homeowners should benefit from longer fixed-term mortgage deals revealed the Treasury recently.
The government believes that this will help those on lower incomes to buy their own homes.
At present, mform.co.uk revealed that only six companies give... Read >
Author: Linsey Summers21st May 2008
There are absolutely no two ways about the fact that the current housing slowdown, coupled with tighter lending conditions that have been fuelled by the global credit crunch, has swept across the UK in the past few months. The Bank of England has stated t... Read >
Author: Jim Brown21st May 2008
The short-term prospects for the property industry may not appear too hot just now. Agent confidence is low, as shown by the Hot Property agents’ index, which shows the number of estate agents more confident about the market now than they were in March ... Read >
Author: Assetz UK21st May 2008
When the Bank of England's monetary policy committee (MPC) delivered its verdict on interest rates for this month at noon today few would have been surprised. It decided to keep the base rate at five per cent, following its vote to cut the rate last month... Read >
Author: Assetz UK21st May 2008
Personal loan interest rates are continuing to increase even though the Bank of England has cut interest rates 3 times in the last 6 months. The fact that personal loans or unsecured loan interest rates have increased by up to 1 per cent is quite staggeri... Read >
Author: SimonDuffy21st May 2008
Personal loan interest rates are continuing to increase even though the Bank of England has cut interest rates 3 times in the last 6 months. The fact that personal loans or unsecured loan interest rates have increased by up to 1 per cent is quite stagge... Read >
Author: SimonDuffy21st May 2008
Summary: Commercial loans are meant to fulfill the credit requirements of UK entrepreneurs. These borrowings are utilized for many personal requirements as well as to bestow additions to the business purposes.
There are many borrowings belonging to the... Read >
Author: Amenda20th May 2008
Those investing in the property market will wonder what, if anything, the government can do to help people get on the property ladder. A reduction in house prices is clearly not helping, partly because the cause of it is the same factor - the credit crunc... Read >
Author: Assetz UK20th May 2008
Anyone looking at mortgages for the first time can be forgiven for thinking they’ve walked into a minefield! We know that in recent weeks it has become increasingly difficult for many people to get a mortgage of any kind and can only hope that situation... Read >
Author: lexisclick20th May 2008
There are worrying signs in the loans market at the present time. The current banking crisis has lead to concerns that mortgage customers will find it harder to get loans and in turn, with houses becoming more difficult to sell, prices will fall.
Cent... Read >
Author: Jenny Longmuir20th May 2008
The number of lenders offering unsecured personal loans has fallen; a move that financial information firm Moneyfacts has called a “worrying” trend. Eskimo Loans, which is funded by the financially stricken lender Northern Rock, recently decided to p... Read >
Author: Jenny Longmuir20th May 2008
Since the global credit crunch swept across the UK last year the cost of borrowing has rocketed in all areas of the financial sector, particularly mortgages. We have seen the interest rates on mortgage rocket, and this is despite three recent base rate cu... Read >
Author: Reno Charlton20th May 2008
Figures released by the Bank of England have revealed that Britons had wracked up an astonishing £54.93 billion worth of credit card debt by the end of 2007. It is no surprise then that people in Britain are twice as likely to have plastic credit the... Read >
Author: Phil 20th May 2008
Nearly half of all people applying for personal loans have been turned away by their banks as the rein in on lending has continued. The number of customers who have been declined loans has rose a by a third compared with the previous six months.
It is ... Read >
Author: Phil 20th May 2008
Small shareholders of crippled bank Northern Rock are to take the Treasury to the High Court after it was revealed that Government lawyers had rejected their request for compensation. The UK Shareholders Association (UKSA) said it would submit an applic... Read >
Author: Phil 20th May 2008
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... Read >
Author: Sarah Othman20th May 2008
Its official: the housing market is in crisis. At least, this is the not-so private view of housing minister Caroline Flint. If she had hoped to keep her briefing to the cabinet on the subject under wraps today, she might have done better than hold her no... Read >
Author: Assetz UK15th May 2008
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 F... Read >
Author: Sarah Othman15th May 2008
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 b... Read >
Author: Sarah Othman15th May 2008
Mortgage approvals unexpectedly increased in January as house prices continued to fall. The Bank of England has released new data showing there were 74,000 mortgage approvals in January, which was up 2,000 from December. That month’s figure of 72,000 wa... Read >
Author: Drew Swainston14th May 2008
Rising cost of studies has hit upon the way to avail quality education with the help of student loans. These financial products are the cost-effective attribute to potential student-borrowers on the market. If you are young and mulling over for higher edu... Read >
Author: Michal11th May 2008
Industry experts had predicted the interest rate hold but it surely is becomming harder for the Bank of England to make these rate setting decisions.
Rising inflation means that food prices and fuel prices are rising and the Governmnets target for infl... Read >
Author: SimonDuffy11th May 2008
Industry experts had predicted the interest rate hold but it surely is becomming harder for the Bank of England to make these rate setting decisions.
Rising inflation means that food prices and fuel prices are rising and the Governmnets target for infl... Read >
Author: SimonDuffy11th May 2008
If you are remortgaging and have equity in your property that it is. There is plenty of mortgage and remortgage deals available if you consult a whole of market mortgage advisor who knows where to look.
Mortgage lenders are never out of the news curren... Read >
Author: Aaron Hill09th May 2008
The Royal Institute of Chartered Surveyors (RICS) has announced that house prices have reached their worst point since the housing market crashed in the early 1990s.
The number of surveyors who reported a significant drop in house prices in January, ... Read >
Author: Jemma09th May 2008
A new Bank of England report has shown that the availability of loans and other types of credit are set to greatly diminish in 2008. The latest Credit Conditions Survey released by the Bank have shown a number of lenders are becoming stricter about who ... Read >
Author: Jemma09th May 2008
The mortgage markets have hit the headlines repeatedly in recent weeks, with news about the HSBC Rate Matcher mortgage creating a major buzz. Meanwhile, the last 100 per cent mortgage deal has been withdrawn and the Bank of England rate cut appears unli... Read >
Author: Isla Campbell08th May 2008
Up until today it had not seemed to be a good week for news emanating from the Bank of England.
Firstly, we had the news that in March the number of mortgages approved had dropped from 72,000 in February to just 64,000. Then yesterday brought governor M... Read >
Author: Assetz UK08th May 2008
A new Bank of England report has shown that the availability of loans and other types of credit are set to greatly diminish in 2008. The latest Credit Conditions Survey released by the Bank have shown a number of lenders are becoming stricter about who th... Read >
Author: Jemma08th May 2008
This week brought what appeared to be some positive news amid the gloom of falling house prices, as the Bank of England told the world it believed the worst of the credit crunch had passed and that a return of confidence in the coming months was justified... Read >
Author: Assetz UK08th May 2008
Saving money is often a day to day priority. However, with mortgages: bargain is not always best. Shopping around by comparing mortgage rates, lenders and deals can overwhelm the average person which can lead to panic buying and bad choices. Discounted ra... Read >
Author: Aaron Hill08th May 2008
Reading the latest stories of the alleged impending property apocalypse, it may seem to some that it is rather easy to ignore certain things that are going on in the market. What so many people involved in the buy-to-let industry really think and are plan... Read >
Author: Assetz UK08th May 2008
Consumers who have numerous debts on credit cards may find that their financial situation takes a turn for the worse in the coming months as lenders tighten the screws.
So claims MoneyExpert, which believes that the credit crunch is driving lenders to ... Read >
Author: ARouse06th May 2008
Another day, another set of apparently gloomy property statistics. Yesterday we had the Land Registry and Moneyfacts house price figures for March and April respectively, with both showing monthly price falls and the former indicating an annual drop in pr... Read >
Author: Assetz UK01st May 2008
Summary: The global credit crunch, which began during July of last year, is still wrecking havoc in the world's financial markets, more and more consumers are finding it difficult to attain the finance within their means.
As the lenders are either hiki... Read >
Author: Amenda01st May 2008
A rapid increase in the number of days that the UK population has to work to pay off the interest on outstanding loans and credit card balances has prompted a warning from one independent financial search website.
Unbiased have calculated that it now... Read >
Author: mpressman01st May 2008
Industry figures have shown that the number of new mortgage applications approved by the major banks fell again in December. British Banker’s Association (BBA) members approved 42,088 new mortgage loans last month, the lowest figure that has been seen s... Read >
Author: Jemma30th April 2008
Uncertainty and nervousness is currently gripping the global financial markets. Many property investors in the UK are wondering whether to buy property in the UK at all in the current economic climate.
But are we really on the verge of the property ma... Read >
Author: Carlton Johnson30th April 2008
The Royal Institute of Chartered Surveyors (RICS) has announced that house prices have reached their worst point since the housing market crashed in the early 1990s.
The number of surveyors who reported a significant drop in house prices in January, exce... Read >
Author: Jemma29th April 2008
A key issue in the UK property market in recent months, both for residential buyers and those looking to acquire investment property, has been the cost of mortgages, with the credit crunch pushing up interbank lending rates, which in turn have restricted ... Read >
Author: Assetz UK29th April 2008
With so many property markets struggling with the credit crunch, various governments are battling away to try to restore some lost ground. In Britain this has come in the form of the Bank of England's £50 billion bond issue to try to create more liquidit... Read >
Author: Assetz UK29th April 2008
Flexible Tracker Mortgages, simply put, is a flexible mortgage plus a tracker mortgage. That is, it is a mortgage deal which combines the features of both flexible and tracker mortgage models.
The Flexible Part of the Deal
Flexible Tracker Mortgage... Read >
Author: Darren Banthorpe29th April 2008
A new Bank of England report has shown that the availability of loans and other types of credit are set to greatly diminish in 2008. The latest Credit Conditions Survey released by the Bank have shown a number of lenders are becoming stricter about who th... Read >
Author: OnlyFinance28th April 2008
The last few months have been tough for those seeking to get a mortgage, be it a residential loan for that all important first home or a buy-to-let mortgage. In both cases the supply of products has fallen, while the reverse has been true about the size o... Read >
Author: Assetz UK27th April 2008
One of the most confusing parts of getting a mortgage and buying your own home can be the interest rates. From the myriad of choices available to how the interest is actually worked our, it can quickly become confusing if you’re not sure what it all mea... Read >
Author: michael sterios25th April 2008
The Government in general and Gordon Brown in particular have done well out of the housing boom over the past decade. Stealth taxation via stamp duty and inheritance tax have enabled them to increase public spending faster than the economy has grown, whil... Read >
Author: CRMWorks25th April 2008
Due to the international monetary crisis, property owners look set to experience difficulties in sorting out a new deal when their existing fixed rate loans expire in the near future. The number of borrowers whose fixed rate deals run out in 2008 is recko... Read >
Author: mlauterwein18th April 2008
Yesterday may not have brought the most startling news in economic history when the Bank of England's monetary policy committee (MPC) announced it was cutting the base rate by 0.25 per cent for the third time in five months.
Revealing the news, the body... Read >
Author: Assetz UK18th April 2008
Looking to purchase a shared ownership house? Are you looking for a shared ownership which suits your needs? Cheap shared ownership mortgage rates allow a borrower certain benefits; low interest rates and easy repayment options.
A shared ownership mo... Read >
Author: LolitaBrown16th April 2008
Summary: Personal loans are not only useful for tenants but also for those home owners who do not want to pledge their homes. Basically, these loans require you to have a sound repayment capability.
Are you looking for a quick solution to your financi... Read >
Author: Amenda16th April 2008
Today's news that the Bank of England's monetary policy committee has cut the base rate again to five per cent will be welcome news for investors in property amid a climate that has seen the market take something of a hit in recent months, both from the h... Read >
Author: Assetz UK13th April 2008
With the Bank of England monetary policy committee (MPC) due to meet next week to discuss interest rate policy, some may see the outcome as being quite obvious. With the property market at a fairly low ebb and wider economic concerns there will be no shor... Read >
Author: Assetz UK09th April 2008
The credit crunch has had people and banks alike becoming more careful with their money. Currently banks are no longer offering the rates they may had before the credit crunch but despite this, customers are still turning to the banks for loans.
Consum... Read >
Author: Karl Bantleman09th April 2008
In recent reports the governor of the Bank of England, along with a range of industry professionals, has indicated that the next base rate cut could come as soon as next week, and not in May as many had originally predicted. Mervyn King, the governor of t... Read >
Author: Reno Charlton07th April 2008
As pre-emptive strikes go, few might indicate more strongly an expectation that interest rates will be cut next month than news today that both Nationwide and Halifax are raising the interest rates on their tracker mortgages.
Of course, rising mortgage r... Read >
Author: Assetz UK07th April 2008
If you are stretched to afford your mortgage repayments, it is often recommended that you get a fixed rate mortgage. But are they always the best solution? Although there are benefits, there are also some downsides to getting a home loan with fixed mort... Read >
Author: Paul Elms06th April 2008
The recent Bank of England interest rate cut comes as cold comfort to millions of homeowners who saw their mortgage payments rise in the weeks before the reduction, as UK banks and building societies are struggling in the wake of the global credit crunc... Read >
Author: mpressman03rd April 2008
The recent economic data released by the government of Portugal i.e. deficit down to 2.6% for 2007 and a forecast of 2.2% for this year also a planned cut in iva (Portuguese vat) of 1% is encouraging, indeed perhaps coupled with more optimistic news fr... Read >
Author: Properties in Perfect Portugal03rd April 2008
First time home buyers looking to enter the market would be well advised to allocate some time to mortgage comparison in order to ascertain a clear idea of exactly what options are available to them.
The current economic climate for 2008 has reduced the... Read >
Author: Rami Nseir03rd April 2008
First time home buyers looking to enter the market would be well advised to allocate some time to mortgage comparison in order to ascertain a clear idea of exactly what options are available to them.
The current economic climate for 2008 has reduced the... Read >
Author: Rami Nseir03rd April 2008
Offset Bank Accounts have been a huge success in the UK since they were launched in 1997. They work in a different way compared to traditional bank accounts – offsetting allows you to set your assets against your debts, so reducing the amount of interes... Read >
Author: Eve Carle03rd April 2008
The time had come for me to remortgage my house, and I had heard that a flexible tracker mortgage could be just what I needed because of my fluctuating income. The last time I had bought a mortgage, I was a plumber working for a plumbing company, and ther... Read >
Author: Sabine Bower03rd April 2008
In the year 2007, the rise in interest rates affected the borrowing capacity of the individuals as well as the banks in the UK. The banks were unable to procure inter bank finance because other banks were unwilling to lend as they were afraid that credit ... Read >
Author: gracy02nd April 2008
Fixed rate mortgages have reached offers of a ming blowing 30 year term although the average interest rate of a fixed rate mortgage is increasing even though the bank of england base rate is starting to decrease.
There are now more fixed rate mortgages... Read >
Author: SimonDuffy25th March 2008
Mortgage lending has fallen, new research shows.
In figures released by the Council of Mortgage Lenders (CML), it was revealed that some 50,300 loans for the purposes of purchasing a house were taken out over the course of January. Such borrowing was i... Read >
Author: ARouse19th March 2008
In a climate of rising interest rates and rising inflation, Britons with a number of loans and debts find their life very struggling. It is beyond their capacity to pay what they owe each month. Now, the Bank of England has ruled out the possibility of an... Read >
Author: Aisha Cristal07th March 2008
Are we really going to be facing a property price crash in the near future?
Over the last few weeks there have been comments from industry experts all warning us that the UK is heading for a house price crisis or property price crash in the very near ... Read >
Author: SimonDuffy07th March 2008
Summary: Bridging loans are short-term loans that fill the financial gap between the two independent real estate deals. As these loans charge a higher rate of interest, it should be treated as the last resort.
Imagine the situation when you have found... Read >
Author: Anaya Erika26th February 2008
Flexible tracker mortgages combine flexible repayment options with an interest rate that tracks the Bank of England Base Rate.
Flexible tracker mortgages offer several benefits to the borrower: you have financial freedom and control because you can ma... Read >
Author: Eugene Tyler26th February 2008
A discount offset mortgage is an offset mortgage with a discount on the standard variable rate (SVR) of interest for a set amount of time.
This article will briefly look at a standard offset mortgage, and then look at the difference a discount offset ... Read >
Author: Stuart Youngman23rd February 2008
Quick Move Now are not financial advisers and do not dispense mortgage advice. However, we are up to speed on some of the elements of the subject, and this top 10 is a general guide to the most important UK mortgage features to consider.
1. Repayment m... Read >
Author: CRMWorks23rd February 2008
In a period when the property market has seen falling prices, restricted credit and one of the biggest mortgage lenders in the land having first to go begging to the Bank of England to stay afloat and now be nationalised, some might expect that buy-to-let... Read >
Author: Assetz UK23rd February 2008
The last week has, as usual, seen some mixed news about the property market. In between predictions of further falls in house prices have been forecasts of recovery. Mixed news from the Bank of England in its quarterly inflation report may only have added... Read >
Author: Assetz UK19th February 2008
Over the past couple of years the risk of repossession has become a very real one for many homeowners and the UK, and this has been partly fuelled by the series of interest rate hikes applied to the base rate by the Bank of England. Between August 2006 an... Read >
Author: Reno Charlton19th February 2008
If you need an adverse credit mortgage, then you should do your research and find out the facts before you commit to anything.
Regardless of the state of your credit history, armed with a bit of patience and a good understanding of lender criteria you ... Read >
Author: John Sern15th February 2008
In this fast changing world, the need of man even increases from time to time. He may run short of money and may think of taking a loan. Quick unsecured personal loans are the best option one can have. You can avail a loan without putting any of your poss... Read >
Author: Shain Johnson13th February 2008
This has been a good news week for many in the buy-to-let industry, with a lot of of those with buy-to-let mortgages either getting a reduction or hoping for one following the base rate cut yesterday. Those looking for a wider boost to the property market... Read >
Author: Assetz UK11th February 2008
After over two years of rising interest rates regime, the UK financial market is likely to see the downward trend again in the coming time. Homeowners finding it difficult to find appropriate home loan deals will benefit the most if two to three interest ... Read >
Author: Anaya Erika11th February 2008
As interest rate decisions go, today's verdict by the Bank of England monetary policy committee (MPC) was perhaps the most widely predicted for some time. In the last week, an Adfero poll of seven economists and a Reuters survey of 60 both produced unanim... Read >
Author: Assetz UK07th February 2008
Those looking at investing in property will doubtless have been paying much attention to the possible movements in the UK base rate. Recent comments by the Bank of England governor Mervyn King, speaking to an audience in Bristol, stated that there may be ... Read >
Author: Assetz UK05th February 2008
After a long period of low interest rates, soft lending criteria, and a strong property market, UK mortgage products have enjoyed a period of prosperity as never before. However, several incidents have occurred recently which have thrown the market into d... Read >
Author: michael sterios05th February 2008
The financial news stories seem to be full of the crisis at Northern Rock, who’s going to buy them, how will it be funded and the credit crunch. But what does it all mean and what affect will it have?
Firstly you should know that mortgages are funded... Read >
Author: SimonDuffy02nd February 2008
The UK risks slipping into recession in the next two years, according to authors of the Deloitte Economic Review; and even if that gloomy forecast doesn’t transpire, the best we can hope for is the weakest economic growth in the last 15 years.
The ... Read >
Author: Andrew Regan31st January 2008
Proof, were it needed, that the property market has slowed has come in the shape of falling UK house prices. Survey after survey has shown small monthly drops in house prices, leaving values still well above where they were in the past, but moderating a m... Read >
Author: Assetz UK30th January 2008
With the talk of the global credit crunch seeming to seep into every economic topic, those looking to buy property overseas may be thinking of new markets, places where the economic boom is such that even a global financial crisis cannot hold back growth.... Read >
Author: Assetz UK28th January 2008
Offset tracker mortgages are fairly new in the market place. They combine the benefits of an interest rate that tracks the Bank of England’s base lending rate, with the ability to ‘offset’ the interest earnt on savings and current account against th... Read >
Author: Joe Foster26th January 2008
If a week is a long time in politics, 24 hours seems to have been a long time in economics. In less than a day the US Federal Reserve has cut its federal funding rate by 0.75 per cent, Bank of England governor Mervyn King has hinted at a rate cut in Febru... Read >
Author: Assetz UK24th January 2008
More than a month after the Bank of England cut base rates for fixed mortgages borrowers are finally seeing the benefit of some more attractive deals. Building Societies and banks blamed the slow start due to the high swap rates that banks charge to lend... Read >
Author: Andy Adams24th January 2008
There are several different types of methods for interest to be charged on mortgages. Tracker mortgages have a variable interest rate that moves roughly in line with the Bank of England Base Rate (BoEBR).
Another popular type of interest rate is a fixe... Read >
Author: michael sterios24th January 2008
Capped rate mortgages have variable interest rates that will not rise above a certain upper limit. The interest rate can rise or fall during the term of the mortgage, however it will not rise above the capped upper limit.
Interest on capped rate mortga... Read >
Author: michael sterios21st January 2008
The decision of the Bank of England to keep interest rates on hold yesterday may tempted some to predict more hard times ahead for the property industry. Notwithstanding the widespread expectation that rates will fall next month, there are many who would ... Read >
Author: Assetz UK21st January 2008
Summary: If you are planning to improve your home extensively, a large amount of money might be needed. Being a homeowner, you can take secured loan from professional lenders at very reasonable interest rate.
Many people fear loans because they th... Read >
Author: Amenda21st January 2008
Summary: Cheap loans are the loan plans with low rate of interest; easy payback patterns and hassle free processing. These loans meet all the legally correct purpose of the borrower in the most cost effective manner.
The vicious circle of deficits... Read >
Author: Amenda21st January 2008
Early signals of the British economy hitting troubled times started to emerge in the late summer of 2007 when one of the country's biggest mortgage lenders, Northern Rock, had to borrow billions from the Bank of England to allow it to continue trading.
... Read >
Author: Robert Palmer20th January 2008
In the end, it did not happen. Speculation had been rising that the Bank of England monetary policy committee (MPC) might do something highly unusual and cut interest rates in successive months. Come mid-day today the news emerged that they had done no su... Read >
Author: Assetz UK20th January 2008
One of the supposed iron laws of the Bank of England monetary policy committee (MPC) is that it does not cut interest rates two months in a row. Of course, this is a matter of precedent not of statute; after all, if this was absolutely the case there woul... Read >
Author: Assetz UK19th January 2008
In recent months, fallout from the sub-prime mortgage scandal has been estimated in the hundreds of billions, up from figures of $100 billion maximum from the Federal Reserve only three months ago. While the Fed has, in an unprecedented move, cut interest... Read >
Author: Ki Gray17th January 2008
Fixed rate mortgages offer borrowers the ability to help budget for household expenses more accurately because they have an interest rate that remains constant for an agreed portion of the overall term of the mortgage - typically between one and five year... Read >
Author: michael sterios14th January 2008
When interest rates were cut in early December all nine of the Monetary Policy Committee members voted for the cut and that unanimous vote has lead to analysts predicting another cut in early 2008. Welcome news indeed for anyone with a mortgage, as many... Read >
Author: Andrew Regan07th January 2008
Discount mortgages over the last few years have shown to be very popular in the UK for re-mortgages and property purchases as interest rates have generally been quite low and stable. Though past indications cannot guarantee future trends.
They work b... Read >
Author: Mortgage Services07th January 2008
According to a Bank of England survey, lending was reduced in the last quarter of 2007 to UK households. This was thought to be a direct result of the continuing credit crunch crisis affecting much of the financial sector.
It is expected that the situ... Read >
Author: Chris Rowlands14th November 2007
The proportion of UK remortgages as a percentage of loans approved over the last six months has grown significantly as cautious homeowners are turning their back on buying houses in a period of perceived financial instability.Figures produced by Hamptons ... Read >
Author: pmcindoe14th November 2007
Fears over the state of the UK housing market are on the rise, prompted by the announcement from the British Bankers’ Association that mortgage approvals for September fell 14% compared to August.Total mortgage approvals for the month of September 2007 ... Read >
Author: pmcindoe09th November 2007
The value of the UK secured loans market looks set to pass the £10 billion mark in the next five years as more Britons look to consolidate their unsecured debt, according to a recent report issued by Datamonitor. The current estimated value of the UK sec... Read >
Author: Elisha Burberry30th October 2007
Broadly speaking, two types of loans are available in the financial market – secured and unsecured. Besides, there are many variants within these two categories. This wide spectrum of loans is meant for different types of borrowers. Homeowners, tenants,... Read >
Author: Anaya Erika30th October 2007
Those who wish to receive money back when remortgaging their property can choose an equity release remortgage. An equity release remortgage is an ideal way to get the money you need to perform home improvements or pay of existing debt.An equity release r... Read >
Author: Steve Wheeler22nd October 2007
Unless you’ve been abroad or sleeping for the past couple of weeks, you’ll be aware of the mire in which major mortgage lender Northern Rock are in. The panic started after news of their approach to the Bank of England to secure loan funding surfaced,... Read >
Author: Andrew Regan21st October 2007
The Council of Mortgage Lenders (CML) has reported that UK gross mortgage lending has fallen six per cent during August - sinking to £32.2 billion from a record £34.25 billion in July - prompting fresh fears that the housing boom is over. Only a month a... Read >
Author: Andrew Regan21st October 2007
The world of mortgages is packed full of choice for potential homeowners today. No longer do those searching for mortgages only have the choice of one or two products. Instead, there is a wealth or products available to suit every possible want and need g... Read >
Author: Jason Hulott19th October 2007
Remortgaging involves paying off your existing mortgage and obtaining a new mortgage, usually at a more attractive interest rate. There are many reasons to remortgage your property and many different remortgages are available from mortgage lenders today.... Read >
Author: Steve Wheeler12th October 2007
Those who have bad credit will be surprised to learn that they can obtain a remortgage on their property with little or no trouble. There are several mortgage lenders throughout the United Kingdom offering bad credit remortgages for people who have probl... Read >
Author: Steve Wheeler05th October 2007
There has been a huge amount of press coverage in the past few weeks about worries over mortgage lending. This has culminated in the news that the Bank of England has now provided short term funding to a second well known lender and made provisions for ... Read >
Author: Francis Ghiloni27th September 2007
It is common for people to compare mortgage deals over 25 year terms. The actual length of your mortgage can be more or less than this, but it seems to be the starting point. Halifax has just brought out a mortgage deal that is fixed at 6.39% for 25 years... Read >
Author: Accreditfs27th September 2007
The buy-to-let sector is receiving a boost from the increasing number of properties being repossessed in the wake of steady interest rate rises. A growing number of people are offloading properties at bargain prices to stop repossession, and savvy investo... Read >
Author: michael sterios21st September 2007
Borrowed money may be used to fund education, debt consolation, a holiday or home improvements etc. When a consumer decides to take out a personal loan, they will need to weigh up the benefits of a secured loan versus an unsecured loan. In 2003 the amount... Read >
Author: Imran21st September 2007
With breaking news across the wires is that following the US Federal Reserve's announcement that has slashed the base interest rate to 4.75% ( a drop of half a point ), the FTSE gained a 2% rise. The knock on affect of this bold move by the US Reserve wil... Read >
Author: Alexis Svenn21st September 2007
Five interest rate hikes in less than a year have prompted a rush of remortgages as homeowners frantically search for cheaper options, rather than reverting to standard variable rate mortgages once their fixed rate deals expire. Since August 2006 the Bank... Read >
Author: Andrew Regan13th September 2007
With interest rates on the rise property owners are searching for ways to save money on their mortgages. Monthly repayments have been steadily growing due to a gradual increase in the Bank of England base rate and those on variable rate mortgages are feel... Read >
Author: michael sterios07th September 2007
If you find yourself trapped in an adverse situation with your finances trampling day-by-day, don't worry. People who are homeowners and are looking for some profitable solution to improve their financial health, there is a velvety deal for you. With neck... Read >
Author: Caitlin Lucy02nd September 2007
With three landslide election victories under his belt, Tony Blair left Downing Street as the UK's Prime Minister undefeated electorally, in much the same way Margaret Thatcher had done seventeen years earlier.
Taking Tony Blair's place as Prime Minist... Read >
Author: Robert Palmer29th August 2007
There is a trend in scam emails now where the scammer is using well known mega corporation logos and names. I personally have gotten this week, Coca Cola wants to give me a million dollars, (I wish), The Bank of England wants to give me 500,000 pounds (t... Read >
Author: Maurine Dodge20th August 2007
The amount of mortgage payments missed this year is approaching the 500,000 barrier, new figures from MoneyExpert reveal.
According to research by the firm, some 460,000 repayments have been missed since the beginning of 2007 - an average of about 77,0... Read >
Author: ARouse16th August 2007
Despite gloomy predictions by some industry experts following the recent interest rate rises, mortgage lending hit record levels during the month of June 2007. According to figures published by the Council of Mortgage Lenders (CML), gross levels of lendin... Read >
Author: Andrew Regan15th August 2007
Rising UK interest rates are starting to have the impact that the Bank of England has been looking for, and as a result many more people are desperately seeking to remortgage and lock themselves into fixed rate deals. However, some may have missed the boa... Read >
Author: Adam Singleton14th August 2007
Your home has certain market value. You can borrow money by pledging your home with the lender. As a norm, you can expect 80 per cent of the value of your home as a loan. However, some lenders sanction even more than hundred per cent of the value of your ... Read >
Author: Aisha Cristal14th August 2007
With UK consumer debt now well past the £1trillion mark, and fast approaching £1.5trillion more and more UK homeowners are considering turning to secured loans in order to raise the necessary finance required to manage their debts.
With the Bank of E... Read >
Author: Marcus Henry14th August 2007
In the wake of increasing interest rates, interest only mortgage products have become an increasingly popular tool for home owners to control their monthly expenses.
Interest only mortgage applications generally rise in number when interest rates begin... Read >
Author: michael sterios10th August 2007
The main concern of a lender is to get back his money along with interest. For this purpose, he may require you to provide some security. This security is usually your home. Any homeowner can pledge his home and get a big loan amount.
When the lender ... Read >
Author: Aisha Cristal10th August 2007
Brits have a lot of choice, as far as financial products are concerned. There are a number of lenders including High Street banks, private online lenders, building societies and other financial institutions. You can seek a loan from anyone of them. Like a... Read >
Author: Angelo Drew10th August 2007
Known as the needy friend of the borrower, personal loans are used to meet the financial requirements of the customer. Basically known as umbrella loans, personal loans are available at any time and there exist no restriction on the usage of the loan amou... Read >
Author: Amenda08th August 2007
Variable rate mortgages have an interest rate that may fluctuate throughout the term of the loan.
Interest rates attached to variable rate mortgages usually move in line with either the Bank of England Base Rate (BoEBR) or the lender’s Standard Varia... Read >
Author: michael sterios25th July 2007
'Homeowner loan' is the term given to the finance offered by lenders to homeowners exclusively. The premise behind a homeowner loan is that the homeowner will present his home as security in respect of the principal and loan repayments in return for more... Read >
Author: David Bruce25th July 2007
While most credit cards provide a standard interest free period on purchases that's last between 45 and 59 days, following this window of opportunity to settle the balance, you will be charged interest on your outstanding balance.
My most recent analys... Read >
24th July 2007
The supply of homes in the UK is already falling short of demand. This problem is set to get worse with an anticipated need of a further 2,000,000 homes over the next 20 years. This makes investment in the UK property market very attractive with a current... Read >
Author: Steve Croxton24th July 2007
A vital question that faces most homeowners at some stage is whether or not to opt for a fixed rate or variable mortgage. The age-old weighing up of security over potential savings is one that has plagued buyers for decades, and one to which there is no ... Read >
Author: Graeme Nicholson23rd July 2007
Britons need to take time to ensure their mortgage deal is the right one for them, an industry expert has claimed.
Julia Dallimore, marketing director for Picture Financial, claimed that as interest rates continue to increase and a greater proportion o... Read >
Author: ARouse23rd July 2007
Most people take secured loans in order to buy a home. Owing one’s own home is a good investment. But it is also a huge responsibility. If you are a tenant, you might just be paying the monthly rent along with other necessities, such as electricity, pho... Read >
Author: Angelo Drew23rd July 2007
Caution vital for 100% Buy-to-let Commercial Mortgages
An increasing number of 100% business mortgages are being provided to commercial premises landlords, and industry specialists are concerned that this will lead to a growing number of repossessions... Read >
Author: Robert Palmer20th July 2007
The announcement by the Bank of England that the interest base-rate is set to rise to 5.75% will not be well received by millions of homeowners across the country. The number of people with credit card debt and personal loans has never been higher and the... Read >
Author: Chris Gardner13th July 2007
‘Mortgage’ is quite a frequently used term in the lending business. It’s some property that a customer places as security against a loan. Remortgage is nothing but to exchange the present mortgage with a newer one such so that the deal is beneficial... Read >
Author: Mathew Kenny13th July 2007
When you buy your first home, or any home for that matter, it usually becomes the most immense purchase that you’ll make. It's not just a thing that you spend money for, it's where your adult life begins and where you establish yourself, create an ide... Read >
11th July 2007
Thousands die of hunger daily. Not so in Britain. According to most report issued by Credit Action organization, about a third of groceries, bought by an average British household, ends up in the garbage. This is the most optimistic note of the report.... Read >
Author: -ddd-05th July 2007
Last month's interest rate rise is beginning to affect consumer confidence, it has been revealed.
According to figures released by GfK NOP, the Consumer Confidence Index score dropped by a point over the course of June to stand at -3. The fall was attr... Read >
Author: ARouse05th July 2007
Despite recent reports of a fall in borrowing Britons are still set to experience debt problems, an industry expert has warned.
According to James Falla, director of Thomas Charles, the announcement from the British Bankers' Association (BBA) that an i... Read >
Author: ARouse05th July 2007
Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around. ... Read >
Author: Peter Kenny01st July 2007
Discount mortgages are a type of mortgage product that have a variable interest rate which moves roughly in line with the lender’s Standard Variable Rate (SVR).
The discounted interest rates attached to discount mortgages are genuine and will normall... Read >
Author: michael sterios01st July 2007
Property has represented a sound investment opportunity for many in the UK over the past 10 years, but are the days or rising house prices about to come to an end?
Nigel and Sandra purchased their first home just over a year ago. They took out a large ... Read >
Author: Keith Barrett01st July 2007
Copyright (c) 2007 The College Of Public Speaking
Have you ever noticed that some speeches and presentations are more memorable than others?
Well, there are many reasons, but I'd always begin the detective work with the structure.
Over the years ... Read >
Author: VINCESTEV26th June 2007
According to a new research, larger personal loans come with lower rate of interest. The study from moneyexpert.com reveals that the APR (Annual Percentage Rate) on a smaller personal loan amount has increased as compared to the other loan with a greater ... Read >
Author: Adam Jaylin19th June 2007
If you are looking at a credit card, then you might be looking to choose between a variable rate or fixed rate card. Although fixed rate cards are easy to understand, working out whether a variable card is right for you or not can be trickier. If you are ... Read >
Author: Peter Kenny05th June 2007
Your home gives you the privilege of raising a huge loan amount on it. If you pledge your home with a lender you can get not only a big loan amount but the rate of interest will also be very low compared to other forms of borrowing money.
A secured lo... Read >
Author: Angelo Drew04th June 2007
More than one in seven people will be left struggling to pay their mortgage after the Bank of England raised interest rates by another 0.25 percentage points, to 5.5 per cent in May.
Research carried out by an independent online mortgage broker, repor... Read >
Author: JamesQuinton31st May 2007
With Britain's levels of credit card debt having exploded over the last decade, money experts and consumer bodies have begun to keep a closer eye on the patterns of credit card usage across each month. A recent study released by the British Bankers Associ... Read >
Author: Elisha Burberry30th May 2007
We're nearly halfway through the year 2007 and the UK property market remains strong, as property prices continue their buoyant upward trend. This constant rise has also seen an increase in the number of mortgages in the UK - and Nationwide, the UK's larg... Read >
Author: Elisha Burberry25th May 2007
Whatever sort of business you run, it can be difficult to ensure that your customers pay their bills on time. After all, late payment of debt can cause crucial cashflow problems and non-payment of debt has the potential to effectively cripple your busines... Read >
Author: Andrew Regan25th May 2007
The hikes in UK property prices in the last decade has had many in the property industry reeling. Having defied expectations on a number of levels, the strength of house price increases has many pundits at a loss as to where the property market will go ne... Read >
Author: Andrew Regan21st May 2007
No body would like to sell his/her house for getting money to fund major financial needs. A personal loan or a credit card won't fetch you the required money. Then, where do we go? For innumerable people, the answer is a secured loan that neither will add... Read >
Author: Angelo Drew17th May 2007
With the Bank of England raising its base rate yet again, the loan market is all set to rewrite a few rules. Earlier the base rate was 5.25 per cent. Now, it’s been hiked up to 5.50 per cent. This has been done to control the spiralling inflation rate. ... Read >
Author: gracy16th May 2007
If you are looking for a higher loan amount, then secured loans could be a viable loan option for you. If you are a homeowner in UK, then you can easily put your home as collateral and can seek a loan amount against your home.
The home is considered ... Read >
Author: Adam Jaylin15th May 2007
The MPC (Monetary Policy Committee) of the Bank of England has raised the interest rates to 5.5 percent. Though, this is good news for the savers, but many Britons with loans and debts will have to face the pinch with new rate rise.
Some analysts belie... Read >
Author: Adam Jaylin14th May 2007
Whenever funds fall short than our needs, we look for borrowing options. Loans are a very popular means of borrowing money in a lump sum and then repaying the amount in smaller instalments with a certain payable interest. Loans effectively help us in deal... Read >
Author: Rodney Elvis06th May 2007
Small businesses could be in for a rough ride over the next couple of years after a surprise hike in inflation made interest rate rises almost inevitable.
Official figures out last week revealed that inflation had jumped to 3.1%, well ahead of the g... Read >
Author: Steve Ash30th April 2007
House prices could fall by as much as 30% over the next few years, claim experts, which could trigger a recession as currently overvalued property prices (20% overvalued according to Goldman Sachs and the highest in 15 years) are corrected. Many watchers ... Read >
Author: JamesQuinton27th April 2007
Summary: A secured loan option is a viable solution for the homeowners, who can seek a loan according to the equity present in their home.
There are some needs where you require huge cash, in order to meet your exact requirements. The needs can be anyt... Read >
Author: bernard ethen25th April 2007
20/04/2006
With high expectations that the Bank of England are poised to raise the rate of interest, many lenders are beginning to withdraw their fixed-rate mortgage packages in anticipation, with critics saying that lenders are giving homeowners with ... Read >
Author: JamesQuinton20th April 2007
Those having a poor credit history should not be disappointed with their credit score. Rather than fretting about their credit score, they need to find out a viable solution for this problem. Even if their loan application has been turned down by the lend... Read >
Author: gracy17th April 2007
The UK loan market was deregulated since 1982. But, after that came a flood of experimentations that has changed the whole scenario of the UK lending business. Now, it is the one of the most competitive markets in the world. The absence of state or state ... Read >
Author: Anaya Erika13th April 2007
If you are looking for a smaller loan amount, and not willing to put any of your assets as collateral, then an unsecured loan would be a feasible loan option for you. Many homeowners prefer this loan option because of this reason only. On the other hand, ... Read >
Author: Aisha Cristal10th April 2007
Secured loans are traditional loans and allow you to borrow money at low rates. Secured loans are very much related to the underlying equity in your home. Since, in the past, house prices have gone up, so has the equity in the property. The more equity me... Read >
Author: gracy10th April 2007
People always look for loans which can meet their different needs. Personal loans are a viable option to meet your financial needs in the best possible way.
Personal loans can also be said as any purpose loans. It is sought for meeting varied needs. ... Read >
Author: Gracy Jain02nd April 2007
Agatha Christie, the famous English crime fiction writer, once said that where large sum of money are concerned, it is advisable to trust nobody. She rightly did say so. Money is not life but it is important. So, when we fall short of money and think of b... Read >
Author: henryneal02nd April 2007
Loans are taken to be paid back and if you don't, you are calling for adverse repercussions. These may include loss of property at stake (if any), CCJs and bankruptcy status. In case of unsecured loans, there is very less flexibility in terms of repayment... Read >
Author: Angelo Drew02nd April 2007
People show inclination towards unsecured loans, when they have to borrow a smaller loan amount with a shorter repayment term. For availing an unsecured loan, you need not have to put your home at stake. So, the first and the foremost benefit which you ha... Read >
Author: Aisha Cristal01st April 2007
The many loan providers across the UK loan market have given Britons an opportunity to choose the best loan deal according to their personal circumstances. Whatever are the needs of the borrower, the loan providers are catering their financial requirement... Read >
Author: Alexa Wilsoon27th March 2007
Fixed Rate Remortgages
With the Bank of England changing the base rate to a higher interest rate, more and more mortgage enquirys are now asking for fixed rates. The recent rise of the base rate has set in motion a scare or small panic as for people to... Read >
Author: dyouell27th March 2007
Are you looking for a large sum of money with a flexible repayment term? Then the best solution for that would be secured loans. Due to the presence of collateral in this loan type, the risk gets reduced to the lenders. That is why they offer many benefit... Read >
Author: alonzo27th March 2007
Inflation is knocking on the door. UK's leading banks plunge nearly
1.4 percent. The recent headlines are not optimistic, to say the
least. Northern Rock improves rates and services for the savings
products it currently offers. Should this be seen a... Read >
Author: -ddd-14th March 2007
Starting a business is in itself a very daunting task. Several doubts entangle you and you dread making wrong decisions. Financial requirements for commencing a small business can be met by availing Business start up loans. These loans help you to meet th... Read >
Author: Julissa Miranda12th March 2007
A bad credit unsecured loan is a boon for the people who have a poor credit history. A bad credit history could be anything like arrears, defaults, bankruptcies, County Court Judgements etc.
The best part with a bad credit unsecured personal loan is... Read >
Author: Jack watson08th March 2007
In this article, I will be explaining the different types of mortgage products that are available in the mortgage market, hopefully after reading this article you will have a better understanding of mortgages, and the products available, and therefore be ... Read >
Author: Steve Hill08th March 2007
Having one's own home is a big thing for most of us. Specially those who are living as tenants in rented houses. It is to fulfil this requirement, people look for home loans not just in UK but also around the globe.
But home loans, even a few years bac... Read >
Author: David wilson05th March 2007
The Bank of England's quarterly inflation report has detected a trend towards secured borrowing. The secured lending has risen by 12 per cent. UK loan market is going through a phase when secured loans are in high demand as well as supply. Though secured ... Read >
Author: Joanne01st March 2007
Cheap loans are the answers to the wishes of millions of people in UK who are tired of their insignificant monthly salaries and want to get more out of their lives.
Even a few years ago cheap loans were a flight of fancy for the borrowers, which were i... Read >
Author: Joanne01st March 2007
Cheap loans are no more fanciful things. Now lenders are providing cheap loans. In fact there are different cheap loans for different kinds of people in UK. Cheap loans are when interest rates are decreased that brings down the APR. You can avail two kind... Read >
Author: Joanne19th February 2007
Today, Tuesday 8th February 2007, the Bank of England announced that there would not be a further increase in interest rates for this month. This must come as a welcome relief to home owners, many with large mortgages – a necessary evil of today’s wo... Read >
Author: Lee Unsworth17th February 2007
If you are a UK resident above 18 years of age, you can apply for a homeowner loan. This loan type can be divided into a secured or an unsecured homeowner loan. As unsecured homeowner loans are a risky bet for financial lenders, they try to play it safe. ... Read >
Author: Anaya Erika15th February 2007
Home loans are a type of personal loan taken to purchase a home. To apply for this loan, potential loan seekers have to be a UK resident above 18 years of age. Borrowers have to prove that they earn an income high enough to make the monthly loan repayment... Read >
Author: Anaya Erika09th February 2007
With bank charges in the spotlight again following the recent BBC Money Programme investigation, and the numerous campaigns to reclaim charges pending the outcome for the OFTs research due in the first quarter of 2007, Moneyfacts.co.uk takes a look at the... Read >
Author: Marco Barra09th February 2007
The Monetary Policy Committee’s decision to increase base rate by a further 0.25 per cent on 11 January caught everybody on the hop, from financial commentators through to the banks and building societies themselves. The rate increases of August and Nov... Read >
Author: Marco Barra09th February 2007
The decision by the one-time kings of the savings market, ING direct, to not pass on the 0.25% base rate hike to their loyal customers for the second time in two months is a stark reminder of how things can change. In the summer of 2003, just a couple of ... Read >
Author: Marco Barra24th January 2007
Bank of England interest rates have been steady since August 2005 and even that move was southwards. Why then are thousands of mortgage customers up in arms about an unexpected and unwelcome increase in the cost of their mortgages?
Customers of the Not... Read >
Author: michael challiner04th January 2007
With the British economy on the rise, there is no better time than now to get a personal loan. In an expanding economy firms need to employ more people to meet the public’s demand for goods. With the increase in employment the demand for goods begins ... Read >
Author: -ddd-03rd January 2007
An increase in the interest rate by the Bank of England always scares people until they work out exactly what affect the increase will have on their lives. The people who will suffer the most will be those people who have taken out loans that have left th... Read >
Author: JulietteP13th December 2006
Abbey, Britain's second largest home loan provider, came under fire at the beginning of November 2006 after it announced its intention to offer borrowers mortgages for up to five times their salary in order to help them gain a foothold on the property l... Read >
Author: martymac18th November 2006
Glossary Of Property Terms
Acceptance
When you are offered and accept a mortgage offer from a lender this is what you need to sign and return.
APR
Stands for 'Annual Percentage Rate' relating to interest on a loan
Applicant
The term use... Read >
Author: EA12317th November 2006
There ahs been significant rise in the number of people facing debt related problems and the recent reports are suggesting that a million Britons could be the verge of being declared bankrupt. This situation will only worsen with the predicted increase in... Read >
Author: Philip Mould16th November 2006
Glossary Of Property Terms
Acceptance
When you are offered and accept a mortgage offer from a lender this is what you need to sign and return.
APR
Stands for 'Annual Percentage Rate' relating to interest on a loan
Applicant
The term use... Read >
Author: Nicholas Alexandrou15th November 2006
Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around... Read >
Author: Peter Kenny15th November 2006
The European Central Bank and the Bank of England have increased the interest rates in the first week of August 2006. They have argued that the rising oil prices have caused a higher inflation. If the political leaders of this world meet in these days, th... Read >
Author: Lil Waldner15th November 2006
UK becoming a 'nation of bankrupts'
4th August, 2006
Figures from the government are expected to show a record number of people declared themselves bankrupt this spring.
Financial services group KPMG predicts the number of people who went into inso... Read >
Author: Paul Mccann10th November 2006
According to the Nationwide building society house prices cooled slightly in October; the trend over the past quarter demonstrated by the Halifax also shows a slow down in UK house prices from June through to August. However, Nationwide believes that t... Read >
Author: Andrew Regan09th November 2006
Next year, the private sector will surely be affected by the rising inflation. According to a recently published report, wages bills will be pushed up between 3% and 4.5% next year.
Pay researchers from Income Data Services (IDS) said that the National... Read >
Author: Alison White26th October 2006
Jim Spowart, the ex-chief of Halifax who also helped launch Standard Life Bank and the online mortgage bank Intelligent Finance, has recently announced that credit cards should carry warnings similar to those on cigarette labels to alert shoppers of the ... Read >
Author: Jack Mack18th October 2006
Basic principle of a mortgage is very simple: you borrow money to buy a
house and pay back the loan with interest. However, nowadays there are
so many products available that it can be mind-boggling. Here’s a guide
to methods of repayment and interes... Read >
Author: Benedict Rohan05th October 2006
For months, we were trigger-swipe happy, putting our groceries,
clothes, holidays and service charges on our credit cards.
We wanted mortgages, we took out loans, we watched Property
Ladder and What Not To Wear. Whether you were born middle
class,... Read >
Author: jupita fanklin03rd October 2006
If you were doing the logical thing and sunning yourself on holiday at the start of August 2006 you may have missed some pretty scary news about personal debt in the UK.
As if from nowhere, a flurry of announcements arrived in the space of a few days. ... Read >
Author: Stuart Langridge28th September 2006
With repossession figures rising, it comes as no surprise that the number of people suffering financial difficulties is becoming more widespread.
Currently, if you just can't seem to make ends meet and are having difficulty in managing your finances ... Read >
Author: Andrew Regan26th September 2006
According to a new research from the Woolwich, an average of 19 per cent of peoples takes home pay on mortgages.
This percentage was set to increase as the effects of the base rate rise filter through in September, according to Barclays.
Woolwich repo... Read >
Author: Alison White01st September 2006
Halifax plc part of the HBOS Group, the UK's largest provider of residential mortgages and saving accounts is advising that due to rising utility and council tax bills, the householders have been more restricted. In April, May and June the average raise i... Read >
Author: Alison White21st August 2006
Borrowers should be aware of some of the changes taking place in the mortgage industry after two building societies recently implemented rises in their SVR (standard variable rate). As the last Bank of England interest rate has remained steady for over 1... Read >
Author: michael challiner13th August 2006
UK becoming a 'nation of bankrupts'
Figures from the government are expected to show a record number of people declared themselves bankrupt this spring.
Financial services group KPMG predicts the number of people who went into insolvency in England an... Read >
Author: jane conlen13th August 2006
The constant increase in the prices for land is a sign of a huge demand for farmland near Slough. Today, an investor can even own land in the UK, while sitting in any part of the globe.
In order to own a piece of England; one need not be a part of rich... Read >
Author: Peter Lo13th August 2006
Summary of Overnight News:
The FTSE-100 will open slightly higher, encouraged by last night's positive performance by Wall Street,
although much will depend upon another barrage of earnings due in the UK today, while rate decisions in the
UK and Euro... Read >
Author: Debbie Forward08th August 2006
Summary of news:
The FTSE-100 will open flat this morning amid investor caution ahead of HSBC's results today and the Bank of
England's interest rate decision Thursday.
IG Index reckons the FTSE 100 is seen opening 0.4 points lower at 5,974-5,980 a... Read >
Author: Debbie Forward08th August 2006
My debt consolidation story
A Chase Saunders Case Study
I owed 60k on four loans and 11 cards, but paid it all off and am now debt-free. Here's how you can sort your debt problems.
An easy to follow plan could help many relieve the burden of d... Read >
Author: Paul Mccann24th July 2006
Whenever you start planning to take out a loan, you will find lot of options. But you have to decide according to your circumstances. If you need the loan urgently and you have nothing to offer as security against the loan, unsecured loans will be ideal f... Read >
Author: Judith Earl22nd July 2006
The number of people facing serious debt problems continues to rise inexorably, with recent research suggesting up to a million Britons could potentially be in genuine danger of bankruptcy. The situation will only get worse if, as predicted, the Bank of E... Read >
Author: Martin Sumner19th July 2006
The consistent increase in the prices for farmland near Slough is a sign of a huge demand for land in the UK. Today, an investor can even own land in the UK and particularly farmland near slough, while sitting right here in India.
With increasing popul... Read >
Author: Peter Lo17th July 2006
The history of London as a permanent settlement stretches back almost two thousand years. The city's story is a fascinating one, its fortunes inextricably linked to those of the British Isles.
London was founded by the Romans at a convenient cross... Read >
Author: anil gupta08th July 2006
If you've read a lot of price articles on cheap property in recent months you will have come across quite a few references to the existence of something called a property 'mini-boom'.
Apparently this phenomenon has been with us for at least 6 months now ... Read >
Author: andrew stefanczyk30th June 2006
These days there are hundreds of different types of mortgages: fixed, variable, capped, discount, base rate tracker, offset, repayment only, interest only, and these can also include a variety of options such as the ability to take payment holidays, or av... Read >
Author: Richard Green23rd June 2006
Low remortgage rates are what that drives the borrowers to opt for remortgages. Some times borrowers take loans at higher rate of interest when they are in dire need of funds. In such situations, they can opt for remortgages if they find that some other l... Read >
Author: Ruth Stanhop16th June 2006
Home purchase loans as the name suggests are generally provided to purchase a house. Before buying a home one need to educate himself about various HOME PURCHASE LOAN OPTIONS available in the UK market. Following are some of the options popular with the b... Read >
Author: amanda pane16th June 2006
There is an estimated 5.2 million commercial properties within the UK. The commercial property market expanded by over 32 per cent during 1990-2000 (according to the new products started) compared with the previous decade, in itself a decade of exceptiona... Read >
Author: Martyn Witt04th June 2006
Nothing is ever certain in the world of finances, and there's no way of predicting how the market will change in the future. However, if you want to be able to plan your budget precisely, then a fixed rate mortgage might be the right option. The repayment... Read >
Author: Joseph Kenny03rd June 2006
How well do you know the money market? A tracker rate mortgage has a variable rate, usually a set percentage above or below the Bank of England's base rate. The arrangement is for a specified period of time, generally the first few years of your mortgage.... Read >
Author: Joseph Kenny26th May 2006
According to a recently released study by the property website, Rightmove, the average asking prices for UK homes showed the strongest annual price rise for over a year during the period from mid-April to early May. The report has caused Rightmove to r... Read >
Author: sam lowe24th May 2006
Here's the first mortgage term you should learn Standard Variable Rate, or SVR. This is the interest rate you will be paying on the total amount you are borrowing. It is usually expressed as a percentage, and is different from an APR (Annual Percentage ... Read >
Author: Joseph Kenny25th April 2006
When you decide to buy a home, first thing that comes to your mind is to arrange finance. With the increased cost of real estate, it is nearly impossible to purchase outright. Most of the home owners buy house from mortgage loans only. It is easily access... Read >
Author: Judith Earl25th April 2006
Mortgage is a process of taking a new mortgage after paying off all your dues in order to get Cheap Remortgages interest rate. If you are feeling that you are paying excessive amount as interest rates as compared to other lenders then remortgages can save... Read >
Author: Judith Earl20th April 2006
You have taken a mortgage and you are continually paying higher rate of interest. Have you ever realised why your interest rates on mortgage is rising? Mortgage rates are directly proportional to Bank of England base rate, if you have opted for a variab... Read >
Author: Carleton Carl20th April 2006
When interest rates fall, there are savings to be made. This is true for everyone, not just people currently looking for a new home or mortgage. This means that even if you have already bought your home or already committed to a mortgage, you can take rea... Read >
Author: Joseph Kenny12th April 2006
Anyone who owned property during the last house price crash in the early 1990s will remember constant headlines about negative equity and home repossession. Between 1990 and 1996 over a million individuals experienced mortgage repossession as they strug... Read >
Author: sam lowe05th April 2006
Generating equity from your property is becoming more popular amongst homeowners in the UK, Bank of England figures released this month show. The final quarter of 2005 showed a sharp increase on the previous quarter, as 11.8 billion was released compared... Read >
Author: Richard Green12th March 2006
Types of Interest Rate
You have researched into all the different mortgage types and found a suitable one for you. Now is time to look into what type of interest rate you wish to pay. The type of interest you wish to pay will depend on your circumstan... Read >
Author: Michael Aldridge05th March 2006
Mortgage lenders and property agencies have just released their latest figures for the UK housing market displaying some conflicting results but the overall mood from analysts appears to be one of optimism for improvements in housing market activity.
... Read >
Author: sam lowe05th March 2006
Britain's people are mortgaging their homes to escape crippling credit card repayments. Most people see this as a more economic way of dealing with their debts. This phenomenon however is increasing the country's overall debt.
UK's debt has reached ala... Read >
Author: joanne elizabeth05th March 2006
Strong mortgage lending along with just recovering REAL ESTATE market makes investment in REAL ESTATE a very good proposition. So concretize your plans, take them from the drawing board & act... Time is providing opportunity of a lifetime.
According to... Read >
Author: joanne elizabeth24th February 2006
One missed credit card payment, or going overdrawn without permission, and suddenly a 30 charge can be incurred. Bank charges can seem to be unfair and too harsh given the frequently tiny amounts of unauthorized borrowing involved. Now it seems that ... Read >
Author: sam lowe27th January 2006
The Bank of England recently reported that personal debt in UK is rising at an alarming pace of 15% a year. This explains why UK's deficit touched the symbolic 1 trillion level in July. The changing social milieu of the country can be to a certain exte... Read >
Author: Ruth Stanhop14th January 2006
The UK in recent years has seen a massive growth in the levels of personal debt and thanks to increases in secured loans corresponding to a strengthening of the housing market; it does not appear to be slowing down. Recent figures from Creditaction sho... Read >
Author: sam lowe29th December 2005
What according to you are the components of a cheap homeowner loan? Low interest rate and lower fees will be the choice of a larger group of people. These are the visible components of the homeowner loan and thus easily come into the notice of people. How... Read >
Author: steve C clark15th December 2005
According to the Bank of England, the amount of money owed by consumers in the UK has edged closer to the symbolic 1 trillion mark. As long as figures such as these keep getting reported, the debt consolidation industry will keep flourishing.
Consolid... Read >
Author: Carleton Carl15th December 2005
In today's fast paced life, consumers have also become very techno-savvy. Nobody wants to get into the hassle of visiting each and every lender in person for a personal secured loan. To address this concern, a lot of lending institutions have come up with... Read >
Author: Carleton Carl29th November 2005
I bet you had the same reaction when you heard "residential mortgages" you probably thought they are some new strain of mortgages? Well residential mortgages are our good old mortgages re-packaged with a different name. That makes residential mortgages ... Read >
Author: Aileen Woul09th September 2005
For months, we were trigger-swipe happy, putting our groceries, clothes, holidays and service charges on our credit cards. We wanted mortgages, we took out loans, we watched Property Ladder and What Not To Wear. Whether you were born middle class, had m... Read >
Author: Rachel Lane
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