Best Loans News

The number of people purchasing a house has fallen by almost half over the course of the last twelve months. The latest figures from the Council of Mortgage lenders revealed that new purchases fell by another 1% from February to March this year, with 46,500 individuals buying a house, compared with 89,000 sales for the [...]

Over the past few months most of the major banks and other lenders have had a tough time due to the impact of the credit crunch, with many of them struggling to maintain liquidity, being forced to make large cutbacks and, for some, even having to stop new lending on loans and mortgages.
Inevitably, it has [...]

Budding Entrepreneurs and proprietors of established business enterprises are being forced to seek alternate means of raising finance, as access to traditional business loans become scarce.
According to one source, the negative effects of the credit crunch on the lending market are not just exclusive to the domestic arena and a large number of business loan [...]

For most home owners in the UK today, the greatest asset they own is usually their house. Even if an individual has a mortgage on their home, there is normally a reasonable level of equity in the property, particularly if they have owned the property for a number of years. Although many home owners are [...]

Payday loans are rapidly gaining popularity amongst borrowers within the UK suggests a recent study.
According to financial comparison site Money Supermarket, demand for payday loans and the companies providing such services has more than doubled in the last six months.
For those who are unfamiliar with this method of borrowing, payday loans are essentially a short [...]

With the recent downturn in the housing market and the problems being faced by most major lending organisations at the moment, it’s starting to get quite tough for many individuals with a mortgage or other loan secured on their homes. Many people are seeing their monthly repayments remain constant, or in some cases, even increase, [...]

We are all aware of the liquidity problems being faced by the major high street banks and other lenders at the moment and many of us may wonder as to why these financially strong institutions are suddenly short of cash. Most of us would expect to find that these respectable lenders would take a responsible [...]