Couple was charged thousands for useless loan insurance (5. 11. 2007)
A couple has spoken about the thousands of pounds they were charged by a secured loan lender for insurance that they could never use. ... read on
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Long term fixed rate mortgage loans not popular amongst consumers (29. 10. 2007)
Over recent weeks the Chancellor of the Exchequer has been pushing for lenders in the UK to increase availability for longer term fixed rate mortgages. However, according to industry professionals most consumers are not keen to take out these longer term mortgage loans, and prefer to take out fixed rates on a shorter term. ... read on
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Getting a mortgage loan has become increasingly difficult (22. 10. 2007)
According to recent figures the last seven months has seen rejections on mortgage loan applications soar by nearly sixty percent. ... read on
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First time buyers should wait it out before applying for a mortgage loan (15. 10. 2007)
First time buyers in many areas of the UK are being advised to wait it out before rushing into taking out a mortgage loan, amidst speculation that both house prices and interest rates are set to fall. ... read on
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Loan rates go up due to credit crunch (8. 10. 2007)
The recent turmoil that has hit the UK's financial markets resulting from the credit crunch that was sparked in the sub-prime sector of the United States has resulted in a number of lenders pushing up interest rates on their unsecured personal loans, with some increasing rates by as much as four percent. ... read on
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Mortgage loans being obtained through inflated income (1. 10. 2007)
A shocking new report has revealed that many self-certifying consumers in the UK are managing to get lenders to offer huge loans simply by telling them that they earn far more than they actually do. ... read on
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Mortgage loan rates increased by Abbey (24. 9. 2007)
Abbey has dealt a blow to borrowers recently, after announcing that it is putting up its interest rates on mortgage loans. ... read on
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First time buyers using much of their income to repay mortgage loan (17. 9. 2007)
Many first time buyers are now having to use a large proportion of their income to cover the cost of their mortgage loan, as they struggle to get onto the property ladder. ... read on
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Rates on hold on home loans (10. 9. 2007)
After Thursday's Monetary Policy Committee meeting it was announced that there would be no further interest rate rise for September, at least for the short term. ... read on
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Northern Rock sub-prime loan rates to rocket (3. 9. 2007)
Northern Rock, has announced that despite rumours it is not planning to leave the sub-prime mortgage sector. However, the lender has announced that it will be hiking up interest rates on sub-prime mortgages because of the new level of risk involved. ... read on
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The victims of interest only mortgage loans may be eligible for compensation (28. 8. 2007)
Following campaigns by consumers groups such as Which? those that claim to have been mis-sold endowments in the past, where they claim to have been mis-informed about the risks or sold an inappropriate endowment, many be able to claim compensation. ... read on
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How will bad credit consumers be able to get mortgage loans in the UK? (21. 8. 2007)
According to recent reports from the banking and loans industries, accessibility to mortgage loans is set to decrease dramatically for those with poor credit, as the credit crunch in the United States starts to take effect across the pond in the UK. ... read on
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What do consumers use personal loans for? (13. 8. 2007)
Personal loans have always been popular amongst consumers in the UK, and these loans are available to use for a variety of purposes. According to recent research carried out by the Alliance and Leicester, there are three main reasons why consumers in the UK are taking out personal loans. ... read on
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Variable rate loan customers get reprieve for August (6. 8. 2007)
Homeowners with variable rate mortgages are breathing a sigh of relief after getting a temporary reprieve on interest rate rises for the month of August. ... read on
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National Bank of Dubai to offer loans to UK consumers (30. 7. 2007)
UK consumers that are looking to purchase property in the United Arab Emirates will now be able to enjoy another option when it comes to getting finance for their property. ... read on
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No win no fee firms target bank customers (16. 7. 2007)
An array of no win no fee law firms are now offering to claim back charges for banking customers that do not feel that they can conduct the process themselves, and they are charging around 25 percent of the amount reclaimed by way of a fee.... read on
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Banks try to put off bank charge claimants from claiming in the future (28. 6. 2007)
The latest strategy being used by a number of banks to put a stop to customers claiming back unlawful charges aims to stop them from making future claims for refunds by threatening to withdraw their bank account... read on
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FOS will help with bank charges (20. 6. 2007)
The Financial Ombudsman Service can get involved with complaints regarding bank charges at an earlier state than many people realise according to recent reports.... read on
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Online banking enjoys impressive growth (12. 6. 2007)
Recent figures have shown that online banking in the UK is enjoying impressive growth amongst consumers, with more and more people turning to the convenience and flexibility of banking online... read on
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Bank of England raises base rate (8. 8. 2006)
The Bank of England has recently announced their decision to increase the base rate by 0.25%, raising it to 4.75%.... read on
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