There was a little bit of good news yesterday, for all those home owners in the UK who are struggling to pay off their personal loans and credit card bills after their Christmas overspending, when it was announced that the base rate of interest for loans and savings was to remain on hold for another [...]
With inflation at a particularly high level at the moment and the cost of living increasing whilst the average earnings are going down or remaining the same, many individual in the UK are finding it difficult to make ends meet financially, particularly those with outstanding debts, such as personal loans, credit cards and home owner [...]
It is that time of year again, when many young people are thinking about starting their university education and for the majority of these individuals, it is the first time that they have had to handle their own finances and pay their own bills.
But with education fees and the cost of living increasing all the [...]
For many people who are looking to borrow money, particularly on a large loan such as a home owner loan or mortgage, one of the most important factors is to get a cheap loan deal to save as much money as possible over the term of the loan.
A large proportion of potential borrowers may think [...]
Last week, the Bank of England announced that the base rate of interest for savings and loans would remain at its historically low level of just 0.5 per cent for another month, but despite this news, many borrowers with variable rate loans are bracing themselves for an increase in the cost of their loan repayments [...]
Many home owners with large variable and tracker rate loans breathed another sigh of relief yesterday (Thursday 9th June) as the Bank of England announced that the base rate of interest for loans and savings would remain on hold for another month.
The announcement was made following the usual monthly meeting of the Bank’s Monetary Policy [...]
There have been many calls from financial experts as well as borrowers, for banks and building societies to do more to help first time buyers get onto the housing market, by offering cheap loan deals at high loan to values.
In recent months, there have been a number of lenders who have introduced higher loan to [...]
