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Lenders Urged to Make Full Use of Online Marketing Services for Loans

Posted on Friday, May 28, 2010

Online marketing services is widely used today for accessing various types of loans in order to accomplish the rising human needs. These unsecured loans providers grant you with various personal loans, mortgages & other forms of credit. Phil Whitehouse, Mortgage Alliance head states that there are many excellent offers for SEO marketing upcoming these days, in the favor of customer progress in the area of financial service, mortgages, personal loans, home loans, that can...
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Service standards of Student Loans Company 'unacceptable', says NAO

Posted on Wednesday, March 24, 2010

Year 2010 can once again see delays disrupting the proceedings of student loans & grants system, warns the National Audit Office. Incidentally, last year, around a quarter of a million students were left with no cash just before the onset of the new term, thanks to new system that caused unwanted delays. Unfortunately, this crisis surfaced after the entire Student Loans Company (SLC) took over the processing system of all England's student applications for grants and...
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Staggering drop registered in UK loan business

Posted on Monday, March 22, 2010

January saw the biggest drop in the lending business across the nation. The report made public by Bank of England, (UK's supreme banking organisation) aka BoE, stated that corporate lending dropped down by £6.5 billion in the month of January. Further, this resulted in annual rate declining to 9.3 percent. Speaking from historical context, this was the steepest drop observed in the lending industry of UK, since the year 1999. Interestingly, the report maintained a silent...
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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...
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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....
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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...
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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...
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