More IFAs specialise in lifetime mortgages
January 23, 2007
If you’re looking for advice on a lifetime mortgage, then you don’t have far to go. Unbiased.co.uk, which promotes the benefit of independent financial advice, has found that almost 2,000 independent financial advisers (IFAs) now list lifetime mortgages as an area of specialism.
NatWest launches Polish bank account
January 23, 2007
If you’ve ever wanted to do your banking business in Polish, now’s your chance. NatWest has launched a current account for Polish speaking customers which aims to meet the banking needs of new Polish migrants to the UK.
Rising demand for lifetime mortgages
January 23, 2007
A record breaking £1.2billion worth of lifetime mortgages were sold in 2006, reveals Safe Home Income Plans (Ship). This figure is expected to rise to £1.7billion by the end of this year.
Fears for small firms if there are further rate increases
January 23, 2007
It is widely assumed that small businesses could be worst hit if interest rates continue to rise, since both suppliers and customers will be forced to ‘tighten their belts’.
Buy-to-let is here to stay
January 22, 2007
Recent research by Alliance & Leicester Mortgages show renewed confidence in the buy-to-let market with 29% of respondents planning to stay in the market indefinitely.
TK Maxx customers panic as theives hack card details
January 22, 2007
TK MAXX is a really popular clothing company with stores operating within most parts of the UK. Thousands of people purchase clothes from the company every single day and many customers use their credit cards to pay for their purchases.
The Bank Of England once again raise their prices
January 22, 2007
For the home owners who have adjustable rate mortgages, they will no doubt be feeling the strain. This is partly due to the fact that the Bank of England has once again highered their prices by one quarter of a point and that is going to leave many families struggling to cope.
Are there any advantages of secured loans?
January 22, 2007
Although debt is a big problem within the UK, most of the bad debt seems to be coming from unsecured loans. This is because they are easier to get hold of and they are also less risky for the consumer than a secured loan is.
Every four minutes personal debt in Britain increases by £1million
January 19, 2007
Debt in Britain has soared to new levels according to financial experts. Much of this they believe is due to huge mortgages people are having to undertake. Research indicates that the average size of a new home loan now stands at £142,000.
Get inside your overdraft
January 19, 2007
Going over your overdraft limit could be very costly, and people need to understand the charges they face when they do so. Research from MoneySupermarket.com warns that 43 per cent of people have exceeded their overdraft limit at least once in the past year, with an average charge of £19.80. While this may not sound like much, it means an £895 million bill for Brits as a whole.
