News Category

 
RSS

News

Loan


First time home buyers facing hard times

Posted on Thursday, December 10, 2009

According to the Building Societies Association, raising an initial deposit is the greatest single barrier for first time home buyers. An average home buyer requires around £20,000 as the initial deposit but it is surprising that many people find it hard to manage this amount. Adrian Coles, director-general of the Building societies Association said: "The existing government schemes designed to help aspirant first time buyers fail to recognise that it is the deposit...
Full Story



Mortgage firms passing on the rate-cut benefit

Posted on Monday, December 07, 2009

The mortgage firms are fully passing on the benefit of the reduced interest rates to their customers. Halifax & Nationwide, two of the largest lenders in the UK have already reduced their standard rates after the Bank of England announced a 0.25 per cent cut in its base rate of interest. Other mortgage lenders are yet to pass on the benefit to the customers. However, the swiftness shown by Halifax & Nationwide is likely to put pressure on the other lenders to do the same....
Full Story



Many borrowers to face high mortgage costs next year

Posted on Thursday, December 03, 2009

Borrowers who have fixed rate mortgage deals ending next year are preparing themselves for hefty increases. A research by Lloyds TSB indicates that around seventy per cent of the homeowners who are planning to enter a new deal are likely its preparing for mortgage costs increase. Millions of UK consumers are preparing themselves for an increase in their mortgage repayment costs in the new year, according to a recent study. Around 70 per cent of homeowners who are planning to...
Full Story



FSA warns brokers over self-cert mortgages

Posted on Saturday, November 28, 2009

The Financial Services Authority ( FSA ) has warned those mortgage brokers who sell self-certification mortgages. The financial watchdog threatened severe action against dishonest mortgage brokers. It is said that even good brokers were being undermined by the 'negligence or wilful non-compliance' of others. Commenting on the unfair practices adopted by some brokers, Stephen Bland of the FSA said: "We found some firms willing to offer mortgages they know to be...
Full Story



Mortgage approvals down in October

Posted on Tuesday, November 24, 2009

The figures from the British Bankers' Association indicate that housing market in the UK is slowing down. The Association said that mortgage approvals fell to 44,105 in October. In September, 53,997 mortgage approvals took place. The recent spate of high interest rates amidst tightening loan conditions is very much responsible for the slowing down of housing market. The lenders have increased interest rates on secured loans, mortgages & personal loans. The cost of borrowing...
Full Story



Insurance


Utility


Petrol prices ready to touch skies!

Posted on Friday, March 19, 2010

If AA is to be believed, in a matter of few weeks, petrol prices (minus increased fuel duty & VAT in the mix) can cost people as high as £1.20 per litre. The organisation further added that, prices that stayed stationary at £1.12 per litre for a period of close to two months in late January & February, can rise towards end of March & April-start. The surge in petrol prices was credited to the jump in wholesale costs which had recently, touched the mark...
Full Story



Mobile users ignorance costing them a staggering £1.5 bn savings

Posted on Friday, March 19, 2010

In a startling discovery, approximately 40 percent of the total (around 46 million) mobile phone users existing in the UK, are  incurring a loss of £1.5 billion in the form of savings because they have stayed loyal to their service providers & have not ditched them for getting a better deal, instead. According to a research, some 11 million people have saved a collective amount of £895 million which has come out to be an average of £81 per head....
Full Story



Credit Card


Debt Management


Previous   1 | 2 | 3 | 4 | 5 | 6 | ..... 8   Next
Home | Contact Us | Terms & Conditions | Resources | Sitemap
>