Gross mortgage lending had its highest February ever at £24.6 billion according to the Council of Mortgage Lenders.
Although lending was down by 7% on the £26.6 billion recorded in January, it is up by 9% on the £22.5 billion of lending in February last year.
Commenting on today’s data, CML Director General Michael Coogan said: […]

Invesco Perpetual is urging customers to limit their investment risk by saving regularly either through its monthly savings plan or phased investment option.
Rick White, Marketing Director, Invesco Perpetual says: “With tax year end approaching, this is a good time for investors to look at their 2006/2007 and 2007/2008 tax year investment strategy, both in […]

With a ‘green’ Budget expected from Gordon Brown later this month, new research from Alliance & Leicester Personal Loans reveals that motorists are missing out on an opportunity to save the environment through their choice of car.
Despite an expected increase in taxes on ‘gas-guzzlers’ and environment-busting vehicles, only 2% of motorists are planning their […]

With the clocks set to go forward this Sunday (March 25th) marking the official start of British summertime, homeowners are eager to get outside and enjoy their gardens. But before they pull out the patio furniture, Halifax Home Insurance advises them to take steps to protect their homes from opportunistic garden thieves.
Last year, Halifax Home […]

The BBA continues to highlight the banking sector’s commitment to increasing the number of consumers being provided with access to the financial system.
Latest statistics show that on average, over 150,000 basic bank accounts are being set up each quarter.
The fourth quarter of 2006 saw a net total (accounts opened less accounts closed) of 153,518 […]

Lloyds TSB is stepping up the fight against card fraud, becoming the first UK bank to introduce automated telephone alerts to warn customers of suspicious transactions on their current accounts.
The announcement comes as APACS reveals that cases of counterfeit fraud, where cards are cloned, have risen by three per cent, while card not present […]

AA Insurance reveals the trend for Granny Bikers.
It’s official…the days of Hell’s Angels and leather clad bikers are numbered and in their place is a new breed of biker - chicks who are more silver surfer than busty blonde. An AA Insurance survey released today announces that more than a than a fifth of all […]

Some lines of thought have suggested it may be able to strengthen an individual credit score by transferring a credit card balance onto multiple cards. I.e. a £5,000 balance transferred across 5 cards by putting £1000 on each.
This may not actually be advisable be advisable in the UK.
In the US there is something known as […]

Choose the possibility of 12 months less of repayments and hundreds of pounds less interest.
When considering the option of transferring a credit card balance onto another credit card to take advantage of a 0% offer or taking out a loan to consolidate the credit card debt it pays to sit down and do the maths.
Using […]

Today marks the deadline, set by the FSA, for providers to announce their decision regarding mortgage exit fees.
Commenting on this Louise Cuming, head of mortgages at moneysupermarket.com, said: “Today is crunch time as lenders make their exit fee charging structures clear – and early news is good for borrowers.
“So far all of the decisions […]