Lloyds launches ‘fully flexible’ mortgage
August 31, 2006
Lloyds TSB has introduced what it describes as the UK’s first fully flexible mortgage, with a one per cent lifetime discount on the lender’s standard variable rate up to 90 per cent loan-to-value (LTV) – giving a current rate of 5.75 per cent.
For customers wishing to borrow up to 95 per cent of the value [...]
Nationwide announces increased credit card charity scheme
August 31, 2006
Credit card provider Nationwide has announced that it is increasing the amount that it donates to charity on first use of its Comic Relief credit card.
For every Nationwide Comic Relief credit card opened and used after September 1st 2006, the lender will give £6 to the charity.
This is an increase of 2.6 per cent compared [...]
Norwich Union unveils internet-only cover package
August 31, 2006
Insurance provider Norwich Union has launched an internet-only package which it claims will make motor cover simple and straightforward.
According to Norwich Union, the Simple Cover insurance package saves on overheads as it is only available online and also eliminates the add-ons which can influence insurance premiums.
The fact that the insurance provider is backing Simple Cover [...]
New fixed-rate savings options with Chelsea
August 30, 2006
The Chelsea Building Society has launched a new range of fixed-rate savings options, including a one-year option allowing investments ranging from £1,000 to £500,000, with an annual equivalent rate (AER) of 5.25 per cent.
A two-year fixed-rate option is also open, with an AER of 5.35 per cent and permitted investment levels matching the one-year product. [...]
Property subsidence shows insurance importance
August 30, 2006
Insurance firms are expecting a stark rise in the number of subsidence claims made this year as a result of the heat wave that struck the UK.
The abnormally hot and dry conditions have had a big impact on the foundations of many houses and home owners are being warned to look out for early signs.
Barclays [...]
Yorkshire targets ‘ordinary savers’
August 30, 2006
A new savings account has been launched which spares a thought for the more ordinary savers among us.
Yorkshire Building Society’s Regular Saver account comes [...]
Britannia launches attractive child account rates
August 30, 2006
Those parents investing in Child Trust Funds (CTFs) may be encouraged by Britannia’s decision to increase the interest rate on such accounts.
As from September 2nd, interest rates on the group’s tax-free fund will be increased to 6.25 per cent gross.
Britannia has raised its interest rates on both its stakeholder and non-stakeholder CTFs in the knowledge [...]
Moneysupermarket warns drivers over bank holiday rush
August 29, 2006
Price comparison site Moneysupermarket.com has issued advice to drivers who may be driving at irregular hours this weekend to avoid the bank holiday rush of traffic.
According to the site’s research, a quarter of bank holiday car trips will begin before the working week has finished.
Some one in twenty drivers will leave in the middle of [...]
Sainsbury’s announces life insurance discount
August 25, 2006
Sainsbury’s Bank has confirmed that it is offering a five per cent discount on life insurance premiums for the life of policies that are purchased before September 11th this year.
Cost of life cover with Sainsbury’s varies based on customers’ age, the term of the policy, options selected and state of health. The provider claims that [...]
HSBC launches new mortgage range
August 25, 2006
HSBC has announced a range of new mortgages, with rates starting from 4.95 per cent for a two-year fixed-rate package.
Discount offers from 4.79 per cent are also available as part of the bank’s new range, as well as lifetime trackers from 5.34 per cent. All of these offers are available up to 90 per cent [...]


