It may be fairly difficult to imagine life without access to a bank account of any kind for the majority of individuals in the UK and most of us take for granted the services which are offered through our bank, such as billing services for regular monthly payments, use of cheque books, debit and credit [...]
The Financial Services Authority (FSA) published its long awaited review into mortgage and home owner loan regulation yesterday (Monday 19th October), along with its proposals for new rules and regulations for those working in the home owner loan sector.
The newly proposed regulations are designed to protect borrowers from being allowed to take out loans which [...]
Many people living in the UK at the moment are concerned over their personal finances and in particular, the amount they owe on their various personal loans and credit cards.
A recent survey has found that young people are some of those most affected by stress with regard to their loans and other debts, at an [...]
Despite the fact that the credit crunch and recent recession in the UK have made many individuals rethink their personal financial situation and make a positive effort to reduce the amount which they owe on their personal loans and credit cards, a new survey form the charity Credit Action has shown that the average level [...]
We have reported recently on the growing competition amongst the large high street banks, many of whom are now offering attractive home owner loan deals to what has become known as the “super prime” cases, that is those borrowers with a perfect credit history and who only require a low loan to value of around [...]
We have reported recently on the news that a number of equity release loan providers have withdrawn from the market, either on a temporary or permanent basis, blaming a lack of consumer interest and available funding as the reasons for doing so.
Despite this decline in the number of loan providers, the latest statistics from Key [...]
Despite the fact that there is a growing amount of optimism entering the economy, particularly in the banking and finance sectors, with talk of economic recovery just around the corner, there still appears to be a distinct lack of funding for those wishing to borrow money and loans of all kinds are still difficult to [...]
