Best Loans News

Archive for December, 2008

New Government Plan To Give Boost To First Time Buyers

Equity Loans - Tuesday, December 16th, 2008

Many experts are saying at the moment that there has never been a better time to think about buying a new house, property prices have fallen over the course of the last twelve months to almost affordable levels and with the recent reductions in the Bank of England base rate of interest, many home owner [...]

Banks Less Than Keen To Cut Loan Rates

Bank Loans - Monday, December 15th, 2008

The recent cuts which have been made by the Bank of England in the base rate of interest have come as a welcome Christmas present for those individuals who have existing secured loans and mortgages, particularly those who opted for a tracker rate who have now seen dramatic decreases in their monthly loan repayments over [...]

Finance Industry Gangs Up On Competition Commission

Personal Loans - Friday, December 12th, 2008

We reported recently on how the Competition Commission (CC) had issued a proposal to ban the sale of Payment Protection Insurance (PPI) at the same time as the sale of any type of personal loan, or other credit agreement.
The CC also proposed a complete ban on single premium PPI policies. This was due to the [...]

Finances Getting Tougher For Those With Secured Loans

Secured Loans - Thursday, December 11th, 2008

There has been some hint of good news for those individuals with a secured loan, or those looking to buy their first house over the course of the past few months.
Property prices have fallen to more affordable levels for those wanting to buy and interest rates on secured loans have fallen by record levels in [...]

New Tenant Loan Comparison Site Launched To Mixed Reactions

Tenant Loans - Wednesday, December 10th, 2008

Since the beginning of the credit crunch last year, it has become ever more difficult for someone to obtain finance through a traditional personal unsecured loan with their bank, or other lender due to the much more restrictive lending criteria which is being enforced by loan companies.
As a result of this, an ever increasing number [...]

Loan Interest Holiday Could Cause Worse Financial Problems

Homeowner Loans - Tuesday, December 9th, 2008

We reported yesterday on how the government has introduced a scheme, as part of its mortgage rescue package, whereby a borrower with a homeowner loan will be able to suspend the interest payments on their loan for a period of up to two years if they are facing repossession through losing their job.
On the face [...]

Interest Deferment Scheme For Secured Loans Is A Positive Move

Secured Loans - Monday, December 8th, 2008

As part of the rescue package which has been launched by the Government to help home owners who are struggling to keep up with their repayments on their secured loan, a new initiative was unveiled last week which could take a lot of the pressure off people who have lost their jobs and may well [...]

 
Customer Testimonials Terms and conditions Privacy policy Sitemap XML Sitemap RSS