Best Loans News

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 [...]

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 [...]

Although there have been the first signs of recovery in the housing and home owner loan markets, this sector of the UK economy is still extremely slow compared with the figures for new loans prior to the credit crunch.
Despite the huge programme of quantitative easing by the Treasury and various other schemes from the government [...]

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 [...]

The credit crunch has had a huge impact on banks, building societies and other loan companies in the UK, with the majority reducing the amount of loans they are able to offer due to limited wholesale funding and a large number of lenders withdrawing from the homeowner loan and secured loan markets altogether.
As a result [...]

Over the course of the past couple of years, several big name high street banks and building societies have been bailed out with loans from the Government in order to keep them afloat, following massive losses by the various institutions caused by arrears and defaults on bad credit loans which had previously been issued by [...]

The effects of the credit crunch and the general economic slowdown in the UK over the past couple of years or so has had a huge impact on Britain’s banking sector, with banks suffering massive losses due to high levels of loan arrears and defaults from customers being unable to maintain their personal and homeowner [...]