Following the upset and turmoil which hit the banking sector in the UK yesterday, a large number of remaining banks and building societies have withdrawn some, or all of their mortgage and home loan products until things start to settle down in the market place.
Overall, the total number of available mortgage loan products fell by [...]
The total number of mortgages and home loans which have been approved by a lender have fallen once again over the course of August, according to the latest figures from the Bank of England.
The figures show that there were 32,000 new loans approved for home purchases in August, 64,000 remortgage cases and 39,000 loans for [...]
The Financial Services Authority (FSA) is starting to get tough on providers of mortgages and home loans who are not seen to be treating their customers fairly and overcharging them on their loans.
The financial regulator and watchdog has sent a clear message to all providers of mortgage loans, by issuing a fine of £1.12 million [...]
A large percentage of the population in the UK are home owners and most of these individuals have some kind of mortgage or home loan secured on their property.
Whilst we all claim that we have shopped around the market place for the most competitive deal on our mortgage loan, a recent survey has revealed that [...]
The end of last year and the beginning of this year started out quite well for all those people who are making payments on a mortgage or home loan (apart from those on a fixed rate deal), with the Bank of England giving us a nice Christmas present in the form of a cut in [...]
We have seen a considerable amount of upset in the financial markets over the course of the last couple of weeks, with the news that Lehman Brothers investment bank has filed for bankruptcy, AIG being rescued by the American Government and HBoS being bought out by Lloyds TSB, a large number of big companies, noted [...]
Middle class families living in the UK today have the worst levels of debt on the outstanding balances of their personal loans and credit cards, according to a recent survey.
According to the report which has been conducted by the credit reference agency Experian, the middle class households in Britain are the worst offenders when it [...]
