For many individuals looking for a personal loan for a reasonably small amount, usually the first stop is their local bank, where they will probably be charged a high rate of interest for the loan in order for the lender to cover its costs and pay out shareholders.
But there is an alternative way to obtain [...]
There is a curse…”may you live in interesting times!” For anybody involved in the homeowner loan or mortgage industry, the past twelve months or so have indeed been interesting times.
Whether it has been as a bank or building society, loan broker, or someone trying to keep up with the repayments on a homeowner loan, it [...]
Spring is in the air, the nights are getting lighter and people living in the UK are becoming more optimistic about everything in general, but specifically the possibility of economic recovery and an imminent bounce back in the housing and homeowner loan markets.
A new survey, conducted by Rightmove, has shown that consumer confidence levels are [...]
In a recent test case in the County Court, a senior Judge has ruled that a consumer credit agreement on a loan did not fully comply with the consumer credit act and therefore the loan agreement was unenforceable by the lender.
Judge Derek Halbert is now looking into bringing certain test cases to the high court [...]
Following the publication of his report recently, Lord Turner, chairman of the Financial Services Authority (FSA), made a speech at the FSA’s Mortgage conference yesterday (12th May) in which he highlighted the complex nature of the review of homeowner loan or mortgage regulation which is to be carried out later in the year.
The initial report [...]
Over the past couple of months there has been a more positive feel in the air with regards to economic recovery and the housing and homeowner loan markets in particular, as estate agents are reporting increased levels of interest from potential buyers and new lending on loans is increasing along with the total number of [...]
With the state of the UK economy recently and the effects of the current recession, there has been a lot of talk about loans becoming much cheaper due to the reductions in the base rate of interest over the past six months or so and for those individuals with a homeowner loan, in many cases [...]
