Best Loans News

Over the course of recent years, there have been many thousands of homeowners who have fallen into an arrears situation on their home owner loan or mortgage and as a result of this have been charged a monthly penalty fee by their lender.
Last year, the Financial Services Authority (FSA) imposed a fine of £2.8 million [...]

Now that the UK is apparently leaving the recession behind and we are looking forward to some signs of positive growth, however slight that may be, many economics experts are now speculating as to when the base rate of interest is likely to start rising once again, pushing up the cost of home owner loans [...]

Due to the effects of the credit crunch, the banking crisis and the recent recession, many people in the UK are struggling with their financial situation in the current economic climate.
In this situation, many individuals look for someone to blame for their problems, whether it is a loan company or bank for allowing them to [...]

All those millions of people who did a large percentage of their Christmas shopping by using a credit card, or those individuals with an outstanding balance on their cards, could be in for a nasty shock when they receive their usual bill through the post this month.
New research has shown that the average interest rate [...]

For the past couple of years, banks and building societies have been avoiding trying to offer competitive loan products to consumers, in case they started to apply for them. But towards the back end of last year, there was a change in attitude from many lenders, largely due to an increased availability of wholesale funds [...]

A couple of years ago, it was a difficult job for many potential first time buyers to get themselves onto the housing market and find a home owner loan which they could actually afford.
Despite the fact that lending criteria was much more relaxed and it was possible to obtain a loan of up to 100 [...]

Around March and April time earlier this year and even into the summer months, the majority of loans taken out by borrowers for the purpose of home purchase were based on a fixed rate deal.
This was largely due to the fact that the Bank of England base rate of interest had reached the lowest level [...]