Best Loans News

Yesterday was once again the monthly meeting for the Bank of England’s Monetary Policy Committee (MPC), the group which decides, amongst other things, what the base rate of interest will be set at for the following month.
Each month, a large number of home owners await the decision whilst keeping their fingers crossed, hoping that they [...]

Since the last quarter of 2007 all we have heard about with regard to property values is that house prices have fallen again, in fact by the end of July this year prices have gone down for ten consecutive months, as an average across the country and new loan applications for mortgages have fallen to [...]

A recent survey has shown that families living in the UK at the moment are financially worse off than at any other time in the previous eleven years.
The research has been carried out by Alliance Trust’s research centre, using their financial reality index, which uses a wide range of economic and financial information to calculate [...]

We reported last week about the interim study from Sir James Crosby, the deputy chairman of the Financial Services Authority (FSA), on the state of the housing and home loan industry in the UK and the likely outcome that recommendation will be for the Government to inject further cash into the ailing housing market, under [...]

As the effects of the credit crunch continue to bite deeper into the wider economy of the UK, more and more individuals are starting to feel the impact it is having on their own personal financial circumstances.
The rising cost of living, brought about by high inflation levels and increasing fuel and food costs, as well [...]

We reported recently about the already high and increasing arrangement fees which many banks and building societies are charging on their fixed rate mortgage loan deals.
Many lenders are charging initial fees on their products of seven hundred pounds and upwards, with some even reaching over £1000. In most cases the lender will allow this fee [...]