It has been a fairly volatile few months for the housing and home owner loan industry, with factors such as the end of the stamp duty holiday in December and the particularly bad weather in January, affecting the number of loan applications dramatically.
The latest figures form the Council of Mortgage Lenders (CML) has shown that [...]
Over recent years, many people who have held a balance on their credit cards, have shopped around in order to get a zero per cent balance transfer deal on a new card, thereby saving interest on their debt. Once this initial deal has finished, they simply switch to another card offering a similar deal and [...]
Over the course of 2008 and 2009, first time buyers in the housing and home owner loan markets were a rare breed indeed, as very few were prepared to enter into the market when it was so volatile, with very few home owner loan products to choose from.
But new research from Unbiased.co.uk has found that [...]
Since banks and building societies lowered the maximum loan to value they are prepared to offer on new home owner loans, particularly to first time buyers, there has been much talk of the “Bank of Mum and Dad” as a large number of parents have provided loans, or even gifts of cash, in order to [...]
When a number of the large high street banks were effectively nationalised by the Government through large loans from the Treasury in order to bail them out, one of the main conditions of the bail out was that the banks in question would use the extra funding to offer loans to individuals and loans to [...]
Over the course of the past couple of years or so, the number of individuals getting in to financial difficulties on their loans and credit card repayments has increased dramatically. In many cases this has been down to things such as a person losing their job, or being made redundant due to the recession.
But now, [...]
After the past couple of years or so, when we saw companies withdrawing from the loan market and in some cases closing down altogether, it is a refreshing change to see companies returning to the market and starting to offer loan products to the market once more.
This week, Link Loans has announced that it is [...]
