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Archive for August, 2010

Bank Loans Increase In July

Bank Loans - Tuesday, August 31st, 2010

Following several months of slow growth for people taking out new home owner loans and mortgages, July saw the amount of new gross lending from banks on home owner loans increase by 4.1 per cent. This figure has increased by more than four times since the month of June, when gross lending only increased by [...]

High Street banks Provide Poor Loan Service

Bank Loans - Friday, August 27th, 2010

It probably won’t come as much of a surprise to many readers that a new survey into people’s satisfaction with the main high street banks in the UK, has found that the majority of banks are falling well short of what is expected of them from their customers.
The survey, which has been conducted by Which? [...]

Loan Affordability Better For First Time Buyers

Low Rate Loans - Thursday, August 26th, 2010

For a few years now, the cost of taking out a home owner loan, coupled with the expense of raising a suitable deposit to comply with lenders stringent loan to value limits, has been one of the main stumbling blocks for those potential first time buyers looking to get themselves onto the housing market.
But according [...]

Kids Paying Off Parental Loans

Loans - Wednesday, August 25th, 2010

We have talked on many occasions about parents helping out their children financially with loans or gifts of money to help them with everything from clearing their personal loans and helping with monthly bills, to providing a deposit in order for them to be able to get the home owner loan they require.
It now seems [...]

Get The Best Deal On A Car Loan

Car Loans - Tuesday, August 24th, 2010

Next week, on the 1st September, the new registration numbers will be coming out form car dealers and many people will be already making the arrangements to pick up their brand new “60” plate car. But for others, the thought of spending that much money seems way beyond their means in the current economic and [...]

Undervalued Properties Prevent Business Loans

Business Loans - Monday, August 23rd, 2010

Although most high street banks claim that they are offering loans to small and medium sized businesses, a large number of smaller firms are still finding that they are unable to get the loan they require to develop or maintain their business.
The majority of lenders will require some form of security for a business loan, [...]

Landlords Face Problems Through Rent Arrears

Secured Loans - Friday, August 20th, 2010

Renting a property in the UK is becoming more popular at the moment, due to the lack of affordability of a home owner loan or mortgage for many would be buyers and the low loan to value loans offered by banks and building societies.
Although renting is seen as a cheaper option for many individuals, the [...]

 
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