Best Loans News

Earlier this year, the Government introduced its small business loan guarantee scheme, which was designed to help those small and medium sized businesses who may have been struggling in the face of the recession and economic slow down to receive the necessary funding they required to make ends meet whilst business was quiet.
The Government scheme [...]

If someone were to ask which lender had the highest level of arrears on its loan book, most people would probably say the Northern Rock and although that would be a reasonable assumption, they would be wrong.
The Principality building society has just issued figures which show that 8.79 per cent of the total secured loan [...]

Over the course of the past few months there has been a significant rise in the number of people taking out homeowner loans and mortgages, as many individuals who may have been putting off buying a house take advantage of low interest rates on loans and relatively low house prices and as a result of [...]

There has been plenty of talk about economic recovery over the course of the past couple of months and the fact that the UK is slowly moving in a positive direction, albeit slowly.
However, the effects of the recession have taken their toll on a large number of individuals in the UK, with somewhere in the [...]

It is a well known fact amongst the housing and homeowner loan industries that first time buyers are an essential part of the property market.
If first time buyers are not encouraged to enter the market, this stops existing homeowners from being able to move up the housing ladder and everything grinds to a halt. Despite [...]

Since October last year, the Bank of England base rate of interest for loans and savings has fallen from 5 per cent to a historically low level of just 0.5 per cent.
Whilst those borrowers who opted for a fixed rate homeowner loan have seen no benefit to these reductions and many individuals with a standard [...]

If a consumer has a complaint against a financial institution, in the first instance they should contact the actual company itself to allow them to resolve the problem. If this is not satisfactory, then the consumer has the right to take their complaint to the Financial Ombudsman Service (FOS), who will then handle the complaint [...]