Just a few years ago, when someone came to the end of their initial deal on their home owner loan or mortgage, they shopped around for a new provider for their loan and took another cheap loan deal through a remortgage.
However, with interest rates and lenders’ standard variable rates being particularly low at the moment, [...]
The Bank of England base rate of interest for loans and savings has now been at its lowest level in the entire 300 year history of the Bank, remaining at just 0.5 per cent for the past fourteen months, yet this low rate is still not being reflected in the rates charged by lenders for [...]
For more than a whole year now, the Bank of England base rate of interest has remained at a historic low level of just 0.5 per cent, as the UK struggles with its economy and tries to support any signs of recovery.
Whilst low interest rates may be great news for borrowers with home owner loans, [...]
It would seem to be a safe assumption that those high street banks which have been nationalised through huge loans from the Government, would be the best when it came to offering the best quality home owner loans and the highest level of customer satisfaction.
However, the latest survey to be published by Which? money experts [...]
The majority of people who have had any dealings with financial institutions at some point in their lives, will be aware of just how stressful it can be for someone who needs to arrange a personal loan, home owner loan or mortgage, or other form of credit agreement.
Moneysupermarket.com has now said that banks need to [...]
The Liberal Democrats are unlikely to have won much support from the banking community with their latest piece of election campaigning, as they have called on the major high street banks to start offering business loans to small and medium sized businesses once again.
The Lib Dems have claimed that many of the partly nationalised banks [...]
Last week, the Bank of England published its latest quarterly survey on credit conditions in the UK economy and the results are starting to show a more optimistic future for the housing and home owner loan industry over the course of the coming year.
The figures show what everyone already knows, that there has been an [...]
