Anybody who has seen the news at all recently will have been aware of all the negative press which is being targeted towards the banking sector at the moment, with banks unable to offer loans to customers due to their own liquidity problems, low rates of interest for savers and many people blaming banks for [...]
Anybody who applies for a mortgage or homeowner loan has the peace of mind in knowing that the product they are applying for and the company who are supplying it are both regulated under the Financial Services Authority (FSA), thereby ensuring that the company and the loan adhere to a strict set of rules and [...]
The effects of the credit crunch and the inability of banks and building societies to be able to offer new homeowner loans to potential buyers has had a dramatic impact on the housing market as a whole throughout the past year, but the latest figures from the Council of Mortgage Lenders (CML) have revealed just [...]
Following the credit crunch and the general slow down in the UK economy, a large percentage of the population has started to think about their financial matters in a much more serious way, taking care to choose the most suitable products from the market place to suit their particular needs.
More and more people are now [...]
Since the start of the credit crunch over twelve months ago, the UK economy has seen a continuous and steady slow down in all areas, none more so than the housing and homeowner loan markets, as a large proportion of potential movers and buyers have either decided against, or been unable to buy a new [...]
Over the course of the past twelve months we have all seen some dramatic changes in the financial markets around the world, as well as here in the UK, primarily caused by the effects of the credit crunch and the general economic slow down and although many experts are now predicting that we have more [...]
Over the course of the past few months, we have seen the bank base rate of interest reduce significantly from 5 per cent in October last year, to just 1 per cent last week, following the most recent meeting of the Bank of England’s Monetary Policy Committee (MPC).
Many individuals have saved huge amounts of money [...]
