Best Loans News

We reported yesterday on comments made by a senior member of the Bank of England’s Monetary Policy Committee (MPC) regarding the recent drops in the base rate of interest on homeowner loans and also on the likelihood that these would increase once the current economic down turn had passed, possibly as quickly as they have [...]

Over the course of the past six months or so, those individuals making regular repayments on a mortgage or homeowner loan must have thought that all their birthdays had come at once, as the base rate of interest for loans has dropped steadily from 5 per cent in October last year, to a mere 0.5 [...]

We have reported on a regular basis, over the course of the past eighteen months or so, on how the homeowner loan or mortgage markets have been affected by the effects of the credit crunch and current economic down turn, but according to a recent report, it is not only mortgage business which has been [...]

The current economic slowdown and subsequent recession has claimed several victims over the past year, particularly in the finance sector and amongst companies who offer secured loans.
The latest organisation to feel the effects of the credit crunch is the Finance Industry Standards Association (FISA), the self regulating body which was set up to promote higher [...]

A recent report has revealed that a growing number of homeowners living in the UK do not have sufficient funds saved up to cover themselves in the event of needing to carry out an emergency repair on their home and many are turning to home improvement loans or the use of credit cards to pay [...]

The current recession in the UK is taking its toll on business and industry across all markets and one of the worst affected industries is that of car manufacturers, many of whom are struggling to keep going as consumers are simply not prepared to commit their money, or take out a new personal loan to [...]

We have all become aware of the diminishing numbers of homeowner loans and secured loans which are currently available to consumers, following the current banking crisis and we have reported on the subject many times over the past few months.
But there is now a growing concern from homeowner loan brokers regarding the particularly short shelf [...]