Archive for March, 2008

Simple budgeting will ‘prevent debt problems’

Monday, March 31st, 2008 Posted in News | Comments Off

Consumers burdened with debt should stick to budget to avoid getting into financial trouble, one expert has suggested.In news which may affect those with loans, mortgages and credit cards, director ... Read more..

‘Loan rates increase’ despite base rate cuts

Monday, March 31st, 2008 Posted in News | Comments Off

The interest rates of personal loans have increased despite two base rate cuts by the Bank of England, new research has revealed.A survey by MoneyExpert has revealed that the average ... Read more..

‘Positive’ lifetime mortgage findings welcomed

Monday, March 31st, 2008 Posted in News | Comments Off

Findings from the latest research published by the Financial Services Authority (FSA) have been welcomed by Safe Home Income Plans (Ship).Ship has announced that is pleased with the positive results ... Read more..

First-time buyers will ‘reap rewards’ of mortgage problems

Sunday, March 30th, 2008 Posted in News | Comments Off

The reduction in the amount of mortgage products available to house buyers could greatly benefit first-time buyers, it has been suggested.A spokesman for Firstrung contradicted a statement released by the ... Read more..

Mortgages holders ‘waste millions on life insurance’

Sunday, March 30th, 2008 Posted in News | Comments Off

Homeowners are paying more money than they need to for their life insurance cover, it has been suggested.The Post Office has found that Britons pay an extra £310 million a ... Read more..

Plastic ‘preferred’ over cash

Sunday, March 30th, 2008 Posted in News | Comments Off

Consumers prefer to carry plastic cards around with them rather than cash, new figures have suggested.Research from Fool.co.uk has revealed that most consumers (37 per cent) use debit cards for ... Read more..

Young professionals could opt for interest-only mortgages

Friday, March 28th, 2008 Posted in News | Comments Off

Interest-only mortgages could be an option for young professionals, one expert has said.According to Andy Pratt, chief operations manager of Alexander Hall, workers who know they will get bonuses or ... Read more..

House price growth slows

Friday, March 28th, 2008 Posted in News | Comments Off

The latest house price data from Nationwide has revealed that the values have fallen.In news which could be of interest to mortgage holders, house price growth has slowed to its ... Read more..

Personal loans are ‘more expensive’

Friday, March 28th, 2008 Posted in News | Comments Off

The personal loan market has changed since the credit crunch and borrowers are likely to find they are paying more for access to extra cash, it has been suggested.According to ... Read more..

Consumers ‘facing financial pressures’

Thursday, March 27th, 2008 Posted in News | Comments Off

Britons are finding it more and more difficult to save money due to a variety of factors that put pressure on their finances, it has been claimed.Gareth Mackie, a spokesperson ... Read more..