Archive for March, 2008

Gross lending falls

Thursday, March 20th, 2008 Posted in News | Comments Off

Gross lending has fallen over the past month, new figures have suggested.According to the Council of Mortgage Lenders (CML), lending in the UK fell seven per cent to £24 billion ... Read more..

Consumers ‘confused’ by credit card comparisons

Wednesday, March 19th, 2008 Posted in News | Comments Off

Many consumers are confused about what they should be comparing when looking for a new credit card, it has been suggested.According to the director of Credit Action, the use of ... Read more..

CML: Mortgage hunters should shop around

Wednesday, March 19th, 2008 Posted in News | Comments Off

House buyers should ensure they should not only seek the perfect property but the ideal mortgage choice as well, the Council of Mortgage Lenders (CML) has said.Spokesperson for the body ... Read more..

Interest rate decision was not unanimous

Wednesday, March 19th, 2008 Posted in News | Comments Off

This month's interest rate decision by the Bank of England was not unanimous, it has been revealed.Publication of the minutes of the Bank's monetary policy committee (MPC) has shown that ... Read more..

‘More people struggle’ with mortgage repayments

Tuesday, March 18th, 2008 Posted in News | Comments Off

More homeowners are struggling to meet their monthly bill payments, new research has suggested.According to the Citizens Advice Bureaux for England and Wales, mortgage arrears have increased by 35 per ... Read more..

Credit cards are ‘harder to obtain’

Tuesday, March 18th, 2008 Posted in News | Comments Off

Consumers are finding it more difficult to obtain a credit card following the credit crunch, one financial expert has stated.According to Chris Tapp, director of Credit Action, lenders have tightened ... Read more..

Credit card holders ‘avoid interest payments’

Tuesday, March 18th, 2008 Posted in News | Comments Off

Many credit card holders are avoiding paying any interest on their plastic cards because they pay the balance off in full each month, new research has suggested.A survey conducted by ... Read more..

Neighbourhood watch schemes are ‘valued by most house buyers’

Monday, March 17th, 2008 Posted in News | Comments Off

Most mortgage holders looking for a new property will be searching for an area that offers a neighbourhood watch scheme, new research has suggested.According to research by Yorkshire Bank, the ... Read more..

Brits consolidate debts in bid to ‘control costs’

Monday, March 17th, 2008 Posted in News | Comments Off

In the past three years, 6.5 million Britons have consolidated their debts in an effort to keep their finances under control, new figures have revealed.Research by MoneyExpert has shown that ... Read more..

Credit card holder increase ‘charitable donations’

Monday, March 17th, 2008 Posted in News | Comments Off

The number of charitable donations paid via credit cards increased last year, it has been revealed.According to Apacs, the UK's payments association, £1.01 billion was donated through plastic card payments ... Read more..