It’s only been a matter of days since several mortgage lenders announced a drop in their rates but a number of consumers are likely to be annoyed at the circumstances which may have led them to secure a mortgage in recent weeks at a rate which puts them out of pocket compared to one they [...]

As a knock on effect of the uncertain times we are facing in the UK the most widely advertised price comparison website Moneysupermarket.com has reported a 15% increase in the number of visitors to its Accident, Sickness & Unemployment insurance section.
This may be a the result of a portion of the UK population losing faith [...]

Everywhere you look at the moment the news is full of portents of financial doom. The word ‘recession’ has even been used in some instances.
The cost of living is on the increase at a hefty rate of knots due to oil and food price rises and the UK public is being warned to prepare for [...]

According to a survey by Spicerhaart Financial Services consumers are opting to fix their mortgage rates for longer.
Instead of choosing shorter term 2 or 3 year fixed rates in order to shop around more frequently for the best deal, borrowers appear to adopting a more cautious approach in light of recent rate rises by [...]

First Plus have announced they will cease lending to new borrowers on the 8th of August 2008.
Homeowner loans have decreased in popularity over recent months with rising rates and lenders reducing the maximum loan-to-value on their products.
Secured loans became more popular a few years ago when house prices started to take off.
Lenders were prepared to [...]

Last month house prices fell by just 0.9%, less then half the rate of last month according to Fionnuala Early, Nationwide’s Chief Economist. “Prices in June are now 6.3% lower than this time last year and have fallen 7.3% from their peak last October.”
Although the downturn has slowed prices are 6.3% lower than this time [...]

HBOS intends to retain a 20% share of the UK mortgage market following news that Abbey and HSBC have achieved a 25% stake through a recent surge in demand for their products.
Mr. Cammy Amaira, director of sales for IF (Intelligent Finance) said “HBoS wants to do one in five mortgages this year….we want to have [...]