Cheltenham and Gloucester, Norwich & Peterborough, Lloyds TSB Scotland and Halifax have unsurprisingly increased rates on selected mortgage products. Halifax, Lloyds and C&G’s rates have risen by 0.3% and N&P by 0.25%. Lenders rates continue to creep ever higher as ‘swap rates‘ force the price of money ever upward. Swap rates are directly responsible for [...]

The Moneyback Bank unsecured loan Typical APR has risen today by 0.4% to 7.6% and the cost of borrowing less than £5000 from the same lender has shot up by 1.9% to 10.8%. Also affected by LIBOR, the unsecured loan market has seen gradual rate rises over recent months but has failed to attract as [...]

Once again MBNA’s credit cards the Platinum Plus Visa and Platinum Rewards Visa have had their 0% balance transfer offers extended. A regular occurrence, the offer has been extended by 1 month this month until the 1st of August 2009. The 0% offer on purchases has also been extended by 1 month to the 1st [...]

The Governor of the Bank of England warned yesterday that inflation could rise to at least 4% towards the end of the year. Learning to be more frugal and live with the rising cost of living is set to be on the agenda of every household in the UK. The main culprits for the rise [...]

For the second time in a month Nationwide Building Society has increased mortgage rates across its range. Earlier this month rates were available from a reasonably competitive 5.85% for a fixed rate deal. Now the lowest rate available is 6.35% (up to 75% loan-to-value), a rise of 0.5%. Borrowing over 75% loan-to-value now has a [...]

We all like to think that we’re good with money and a new survey from CreditExpert, the online credit monitoring and identity fraud protection service from Experian, shows that 96 per cent of us believe we’re up to speed on our current financial position. No interest in interest The survey shows: • 66 per cent [...]