Platform receives ‘best sub-prime lender’ award

November 24, 2006

Mortgage provider Platform has been named the best lender of sub-prime mortgages at the annual Hamptons awards.

Leeds increases rate for savers

November 24, 2006

The Leeds Building Society has announced that it is increasing the interest rate on its Direct Saver Plus account to five per cent from December 1st, with a guarantee that the rate will be at least 4.75 per cent or Bank of England base rate, whichever is higher, until July 31st 2007.

Time to save for Christmas – 2007!

November 24, 2006

It is claimed we each spend on average £600 at Christmas on gifts, food, drink and everything else associated with that time of year.

City dwellers favour cars with sex appeal

November 24, 2006

The city is known for congested roads, confusing signs and stop-start traffic, but that doesn’t stop city dwellers from favouring cars with speed, power, satellite navigation and other innovative features.

Beware of store cards this Christmas

November 23, 2006

Words of warning have emerged from a Moneyfacts analyst to beware of opening a store card this Christmas, particularly if you plan to keep a balance on your card.

Credit card Cash costly at Christmas

November 23, 2006

With the peak shopping season on our doorstep, it’s not unusual for many Christmas shoppers to turn to their credit cards to get some extra cash for that perfect present. But getting cash this way could cause long term financial pain, warns MoneyExpert.com. The average annual percentage rate (APR) on cash withdrawals is 21.27 per cent, making this a costly way to boost the Christmas coffers.

NatWest launches new fixedrate bond

November 23, 2006

A new fixed-rate bond has been launched by NatWest with a rate of 5.25 per cent which the bank says is “guaranteed” for savers over the next 12 months.

More Than: Brits going travel mad

November 23, 2006

Insurance provider More Than has said that British people are set to go “travel mad” this winter as one in four workers still have ten or more days holiday to take before the end of the year.

Customers should look beyond headline rates, says Halifax

November 23, 2006

Halifax, the largest mortgage lender in the UK, has said that borrowers should make an effort to look beyond the headline rates offered by providers and stressed that many homeowners are currently missing out on the benefits of daily interest.

Investigating adverse credit mortgages

November 22, 2006

It used to be that if you had adverse credit you’d find it difficult to get a mortgage, but that’s no longer the case. There are a whole slew of lenders who specialise in this area and they account for a sizeable share of the mortgage market. In fact, recent figures from the Council of Mortgage Lenders showed that this sector was 5 per cent of the whole mortgage market in 2005.

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