Best Loans News

Due to the recent credit crunch and recession, there have been a growing number of individuals facing financial difficulties, particularly when it comes to keeping up with the repayments on their home owner loan or mortgage.
As a result of this, more and more borrowers have been building up loan arrears and many have even faced [...]

The Chancellor of the Exchequer, Alistair Darling, gave his pre budget report yesterday (Wednesday 9th December) and whilst some of his announcements were welcomed by the housing and home owner loan industries, other areas of change were not received as well, although few were surprised by the announcements.
The various trade bodies associated with the housing [...]

Although we are starting to see some healthy signs of recovery within the housing market sector, with increased property sales and more home owner loans and even buy to let new loans being offered, the remortgage market in the UK is still suffering, with the number of remortgage loans continuing to fall as borrowers remain [...]

As we have reported recently, the temporary extension of stamp duty on house purchases is due to finish at the end of December this year, meaning that many purchasers, particularly first time buyers will have to start paying the tax once again, in addition to the home owner loan arrangement fees, valuation fees, legal and [...]

It is often said that first time buyers are the most important sector of the housing and home owner loan markets and if they return to the market, buying property and applying for new loans, the long awaited recovery in the housing market will spread to the rest of the market.
A new survey conducted by [...]

Following the effects of the credit crunch and the recession, a large number of individuals in the UK have been struggling to keep up with the repayments on their home owner loan and as a result of this, the number of properties being repossessed due to high loan arrears and defaults has risen dramatically.
The Council [...]

A couple of years ago, the Financial Services Authority (FSA) introduced the principle of “treating customers fairly” which would apply to all companies operating in the regulated financial services industry, including banks, building societies and specialist home owner loan companies.
This week, the FSA has announced that it is to fine the specialist lender GMAC-RFC £2.8million [...]