Archive for January, 2008

Borrowers urged to discuss problems

Thursday, January 31st, 2008 Posted in News | Comments Off

Borrowers concerned about their ability to meet their mortgage payments have been advised to contact their lender immediately to discuss the situation. Katie Tucker of mortgage broker John Charcol made ... Read more..

Electoral register ‘important for borrowers’

Thursday, January 31st, 2008 Posted in News | Comments Off

Anyone who is not registered to vote may find it difficult to obtain a mortgage or personal loan, a credit industry expert has warned.Mortgages without credit checks are available from ... Read more..

Self-employed advised to take out MPPI

Wednesday, January 30th, 2008 Posted in News | Comments Off

The self-employed should make sure they take out mortgage payment protection insurance (MPPI) when buying a home, an independent financial adviser has said.Association of British Insurers statistics show that around ... Read more..

Remortgaging ‘an opportunity to save money’

Wednesday, January 30th, 2008 Posted in News | Comments Off

Anyone hoping to improve their financial situation should start by looking at their mortgage, a personal finance expert has advised.The mortgage is many people's biggest financial commitment and they should ... Read more..

Borrowers advised to wait before fixing

Wednesday, January 30th, 2008 Posted in News | Comments Off

Homeowners hoping to remortgage to a new fixed-rate deal should wait a few weeks before acting, a personal finance expert has recommended.The advice came from Denise Harvey of price comparison ... Read more..

Open plan living ‘proving popular’

Tuesday, January 29th, 2008 Posted in News | Comments Off

Converting the ground floor of a property into a modern open plan living space is among the most popular projects undertaken by home improvers, the results of a new survey ... Read more..

Overpayments ‘can reduce costs’

Tuesday, January 29th, 2008 Posted in News | Comments Off

Making mortgage overpayments is one of the most effective ways of using a pay rise, it was claimed today.Katie Tucker of independent mortgage broker John Charcol explained that overpayments can ... Read more..

Borrowers experience ‘card limit cuts’

Tuesday, January 29th, 2008 Posted in News | Comments Off

Banks are starting to cut the spending limits of credit card customers, according to the findings of a new survey.Since the start of the credit crunch lenders have adopted more ... Read more..

Consumers urged to search for savings

Monday, January 28th, 2008 Posted in News | Comments Off

Borrowers keen to find a cheaper credit card deal were today advised to consider a complete revamp of their finances.The recommendation came from personal finance website Moneyfacts.co.uk, which is expecting ... Read more..

Lenders trying to ‘avoid high-risk borrowers’

Monday, January 28th, 2008 Posted in News | Comments Off

Lenders are withdrawing 100 per cent mortgage products because they are worried about being inundated with applications from people with poor credit histories, according to a building society chief executive.A ... Read more..