Best Loans News

Over the past few months we have all heard many stories and reports from the Media about the likely impact of the credit crunch and slowing economy with regard to those individuals with mortgages and other home loans. As lenders struggle to maintain liquidity within their books and many borrowers’ fixed rate deals coming to [...]

Following the revelation earlier this week that inflation had reached 3%, the Bank of England gave out a gloomy forecast for the economy yesterday. In a statement from the Governor of the Bank, Mervyn King, it was announced that inflation was likely to rise well above the current levels and could even reach 3.6%, which [...]

The rate of inflation in the UK is still on the increase according to new figures released yesterday. The Bank of England announced that the rate for the month of April had risen to 3%. This is an increase of 0.5% over the previous month and a whole point above the Bank’s target rate of [...]

A recently conducted survey has discovered that an unusually high number of parents around the UK are struggling to make ends meet.
According to a well-known financial comparison site, more than ¼ of British parents admit that they are no longer able to rely on the sole income of their partner to cover the monthly household [...]

The value of houses across the UK fell by 1.1% during the month of April, it has been revealed by the Nationwide Building Society. This has been the first month in which prices have fallen in all areas on a year-on-year basis since March 1996.
The announcement adds weight to the argument by many that the [...]

The effects of the recent credit crunch are impacting on the housing market and particularly many individuals who have mortgage or secured loans on their homes. Latest figures show that repossessions of homes for the first quarter of this year have increased by 16% compared with the same period for last year.
The Government are also [...]

Providers of Home Loans within the UK are being coaxed towards providing a more caring ear to those borrowers who are unable to maintain the repayments of an active agreement.
One of the countries leading consumer interest groups is believed to be proactively lobbying numerous different lenders around the country, in an attempt to establish some [...]