UK and world daily Money stories | Money Avenue Finance News

Nationwide Cuts Mortgage Interest Rates by 0.1%

Fri, 18 May 2012 07:32:29 +0100

Today, on May 18th UK-based Nationwide Building Society announced a cut in mortgage rates on fixed deals for 3 and 5 years.Now, borrowers can take advantage of a...

Halifax Offers to Pay Stamp Duty for Borrowers

Tue, 15 May 2012 06:56:00 +0100

Halifax bank launched a new offer for first-time buyers and all other borrowers willing to finance the purchase of a home priced at 125,000-250,000 pounds.The bank...

UK Repossessions Stable in Q1 2012 – CML

Mon, 14 May 2012 06:16:59 +0100

According to a recent report by the Council of Mortgage Lenders (CML), published last week, the number of homes repossessed in Q1 2012 remained the same as in Q1...

More worries for financial sector as Clydesdale and Yorkshire Banks to cut 1400 jobs

Tue, 01 May 2012 06:45:31 +0100

News about the UK economy sliding into a double dip recession and continuing problems in the euro-zone do not bring much hope for UK businesses and consumers alike...

UK Unemployment Falls to 8.3% - ONS

Wed, 25 Apr 2012 05:48:24 +0100

The latest report by the Office for National Statistics (ONS) suggests that UK unemployment fell in the months from December to February from 8.4% to 8.3% or 35...

Aviva Almost Fired 1300 Workers by Mistake

Tue, 24 Apr 2012 06:25:48 +0100

On Friday, April 20th Aviva accidentally send an email with leaving instructions to 1,300 employees instead of one departing employee.The human resources department...

UK Commercial Property Sector Sees Increased Activity in March

Mon, 16 Apr 2012 07:12:52 +0100

The latest research performed by Markit for Savill's, the results of which were published on Friday April 13th, suggests that activity on the UK commercial property...

HSBC Approves 4.9 Billion in Mortgages in Q1

Fri, 13 Apr 2012 07:00:53 +0100

According to the latest report by HSBC, the bank is on the way to achieve its target of lending 15 billion pounds in mortgages.Peter Dockar, head of mortgages at...

UK Mortgage Fees Rise by 27% in 3 Years

Thu, 12 Apr 2012 07:33:34 +0100

The latest report by Moneyfacts suggests that UK mortgage fees have increased by almost one third in the past 3 years.Mortgage rates have been steadily falling since...

New Buyers’ Inquiries Increase in March – RICS

Wed, 11 Apr 2012 07:13:03 +0100

According to the latest report by the Royal Institute of Chartered Surveyors, activity on the UK property market increased in March. As many as 9% more surveyors...

UK Building Societies Increase Mortgage Lending in February

Tue, 03 Apr 2012 07:07:11 +0100

According to the latest figures revealed by Building Societies Association (BSA), the number of mortgages given out by UK building societies increased significantly...

RBS and NatWest Change Interest-only Mortgage Lending Rules

Thu, 29 Mar 2012 06:59:26 +0100

Following the example of Santander, Halifax and Nationwide, Royal Bank of Scotland and Natwest said that they are changing interest-only mortgage rules.The banks...

Nationwide Announces a Rise in ISA Rates

Tue, 27 Mar 2012 06:20:19 +0100

The Nationwide building society announced on Monday the launch on new rates on some its ISA products.For example, the six-month fixed ISA, currently paying 2.77...

UK Property Next to Top Schools Is Priced Higher

Mon, 26 Mar 2012 06:42:30 +0100

We have already reported that house prices near UK schools are higher than in areas more remoted from the most sought-after primaries.Recently, PrimeLocation performed...

The Co-operative Bank Launches New Mortgages for First-time Buyers

Thu, 22 Mar 2012 04:26:57 +0000

The Government is to end the Stamp Duty holiday for first-time buyers in 2 days, on March 24th. If you have no chance to complete the house purchase by that time...

Brits Ready to Quit Jobs Because of Fuel Prices

Wed, 21 Mar 2012 07:17:59 +0000

According to the latest AA/Populus survey, some Brits are going to quit or change their jobs as a result of the increase in fuel prices.Let us remind that a 3.02...

Payments on the Go with PayPal Here

Tue, 20 Mar 2012 05:34:37 +0000

If you have trouble using your credit card on the go, PayPal has a solution for you.A new mobile credit card reader, PayPal Here, plugs into the cell phone's jack...

It’s Still Cheaper to Buy than to Rent in UK

Thu, 15 Mar 2012 07:15:01 +0000

We have already reported that buying is cheaper than renting in many UK regions. Now, that house prices have grown, property website Zoopla performed another research...

Half of Brits Are Unaware of Their Mortgage Rate

Tue, 13 Mar 2012 07:08:10 +0000

The latest survey performed by website Unbiased revealed that over 50% of Brits do not know how much they are paying for their mortgage loans.As many as 49% of mortgage...

UK Job Market Improves in February 2012

Mon, 12 Mar 2012 07:11:42 +0000

According to the latest report by Recruitment and Employment Confederation (REC) published last week, the number of permanent jobs in the UK rose significantly in...

Nissan to Manufacture New Vehicle in UK and to Create New Jobs

Fri, 09 Mar 2012 07:49:38 +0000

On March, 6th on a Geneva motor show Nissan announced that its new Invitation compact vehicle will be manufactured at the Sunderland factory in UK.The production...

Mortgage Fraud Levels in UK Fall by 11% - CIFAS

Wed, 07 Mar 2012 03:32:37 +0000

CIFAS recently revealed that mortgage fraud in the UK fell 11% last year.Even though application fraud remained the most popular type of fraud among Brits, its level...

RBS to Shift 300 Jobs to India

Tue, 06 Mar 2012 07:07:25 +0000

Today, on March 6th, one of the leading UK banks, the Royal Bank of Scotland, announced it will move 300 jobs to India, cutting 215 full-time jobs.According to the...

10,000 Jobs to Be Created in Hotel Industry

Thu, 01 Mar 2012 06:27:47 +0000

Whitbread compny that runs the 2 popular hotel chains, Premier Inn and Costa Coffee, announced it plans to create 10,000 jobs in the UK in the next 3 years.The reason...

The Bank of Scotland Tops Financial Ombudsman Service’s List

Wed, 29 Feb 2012 04:12:54 +0000

The latest figures revealed by the Financial Ombudsman Service yesterday, on February 28th suggest that the Bank of Scotland tops the mortgage complaints list. In...

UK Women Give Up Work because of Daycare Bills

Tue, 28 Feb 2012 03:54:33 +0000

The latest national statistics and figures revealed by the Daycare Trust suggest that nursery fees have increased by 6% in 2011, beating the inflation rate. Now...

True Unemployment Level in UK Is Twice as Bad – TUC

Wed, 22 Feb 2012 06:29:28 +0000

According to TUC, UK trade union body, the true unemployment level in the country currently stands at 6.3 million people.Experts are determined that the official...

Platform Slashes Rates on Buy to Let Mortgages

Mon, 20 Feb 2012 07:01:51 +0000

The mortgage arm of the Co-operative Bank, Platform, announced a cut in buy to let mortgage interest rates on Friday, February, 17th.Now, the lender's 2-year fixed...

Skipton Building Society Reduced Rates on Buy to Let Mortgages

Fri, 17 Feb 2012 03:33:19 +0000

Yesterday, on February 16th Skipton Building Society announced a reduction in interest rates on its buy to let mortgages.Landlords with 30% deposit can get a 2-year...

Tesco Credit Card Tops ACG Issuer Brand Index 2011

Thu, 16 Feb 2012 07:16:11 +0000

A research recently performed by Auriemma Consulting Group's (ACG) revealed that Tesco is the #1 credit card brand in the UK.In the annual Issuer Brand Index for...

Prices on Newly Built Properties Rise by 3.2% in 2011

Tue, 14 Feb 2012 06:58:33 +0000

The latest research by Smart New Homes revealed that the asking price for newly built properties in the UK has risen by 1.2% in December 2011. On a quarterly basis...

84,000 Buy to Let Mortgages Issued in 2011 – CML

Fri, 10 Feb 2012 06:51:20 +0000

The latest report by the Council of Mortgage Lenders (CML) suggests that the number of buy to let mortgages has increased by 84,000 in 2011.Of these, almost 35 000...

Discounts on UK property Prices Reach 7.5%

Thu, 09 Feb 2012 04:29:40 +0000

The latest research by Zoopla showed that average property discounts in the UK were record high.Sellers were ready to slash asking prices by almost 20,000 pounds...

Air France-KLM Impose Credit Card Surcharges

Tue, 07 Feb 2012 05:54:29 +0000

Yesterday, on Monday February 6th, Air France-KLM airlines announced that they have included Great Britain to the roster of countries where a fee on most credit...

Sainsbury's Finance Launched New Personal Loan at 6,1%

Wed, 01 Feb 2012 06:23:50 +0000

British bank Sainsbury's Finance recently announced the launch of a new personal loan available at as low as 6.1% APR. The interest rate this low is available for...

It’s More Rewarding to Pay Off Mortgage than to Save

Tue, 31 Jan 2012 06:49:44 +0000

The latest research by First Direct bank showed that many Brits choose to save instead of paying off debts regardless of the recommendations by financial advisers...

UK Mortgage Lending Up by 12% in December 2011

Thu, 26 Jan 2012 06:33:32 +0000

According to the latest report by the British Bankers' Association, the amount of money given out in mortgages in December 2011 was 12% higher than at the same time...

Platform Expands Buy to Let Mortgage Range

Wed, 25 Jan 2012 06:54:11 +0000

UK lender expands its range of buy to let mortgages with new deals for landlords looking to buy prime properties.Yesterday, on Tuesday, January 24th The Platform...

UK Mortgage Affordability Marks 14-Year Record – Halifax

Wed, 18 Jan 2012 07:45:50 +0000

Earlier, we have already reported that mortgage payments in the UK have become most affordable as the Bank of Scotland revealed its latest statistics.The data by...

Interest Rates on UK Loans Lowest in 4 Years

Tue, 10 Jan 2012 06:14:50 +0000

Research performed by a website Moneyfacts revealed that interest rates on a number of loans in the UK are now at their 4-year minimum.For example, in the very end...

Mortgage Availability to Remain Restricted in 2012 – BoE

Mon, 09 Jan 2012 06:07:30 +0000

According to the latest Credit Conditions Survey by the Bank of England, mortgage lending in the first quarter of 2012 will remain restricted.Many UK lenders have...

UK Commercial Property Values Fall in November 2011

Fri, 16 Dec 2011 05:25:30 +0000

On Wednesday, December 14th, Investment Property Databank Ltd published a report on its website, according to which the value of commercial property in Great Britain...

First-time Buyer Activity Increased in November

Mon, 12 Dec 2011 05:53:58 +0000

According to the latest Housing Market Activity Report by Connells Survey and Valuation, demand for UK property from first-time buyers has risen lately.In the opinion...

New Savings Deals Launched by Vanquis Bank

Mon, 05 Dec 2011 05:27:03 +0000

On December, 1st one of the UK banks, Vanquis Bank, announced an increase in the savings rate on one of its best-buy savings accounts, High Yield.Those planning...

Overpaying the Mortgage Can Save Brits Thousands of Pounds

Thu, 01 Dec 2011 05:33:44 +0000

First Direct, one of the leading UK lenders, recommends Brits holding a mortgage loan to pay overpay it rather than put the money into the savings account.According...

Mobile Credit Card Processing to Be Launched in UK Soon

Tue, 29 Nov 2011 05:46:43 +0000

As it was announced yesterday, on November 28th, UK will follow in the footsteps of USA and Sweden and will introduce a mobile payment service similar to Square...

Mortgage Lending in Scotland Lags Behind UK Average

Fri, 25 Nov 2011 02:45:50 +0000

According to the latest figures revealed by the Council of Mortgage Lenders (CML) on November, 24th, mortgage lending increased by 8% in the third quarter of 2011...

UK Government Announces 400M “Get Britain Building Fund”

Tue, 22 Nov 2011 03:52:11 +0000

According to the latest BBC report, UK government has launched a 400 million pounds fund to help UK first-time buyers and property developers.The "Get Britain Building...

Landlords Positive about the Buy to Let Sector

Tue, 15 Nov 2011 05:55:46 +0000

Latest survey suggests British landlords are positive about the buy to let sector and its prospects.CHL Mortgages, a specialist buy to let lender, recently published...

Nationwide Cuts Rate on Its Personal Loans

Thu, 10 Nov 2011 06:58:56 +0000

One of the leading UK banks slashes interest rates on its popular product, personal loans.With effect from today, Thursday November 10th, Nationwide cuts the interest...

Internet-banking Popular with Brits

Wed, 09 Nov 2011 05:02:16 +0000

A recent research performed by Payments Council, an organisation responsible for setting strategy for UK payment mechanisms.Now Brits have changed their banking...

Best-buy Mortgage Deal Launched by Leeds Building Society

Mon, 07 Nov 2011 06:27:47 +0000

Leeds building society launches a best buy fixed-rate mortgage.The Leeds building Society recently announced the launch of a unique mortgage product. The home loan...

Business Loans Are Less Accessible for UK Companies

Tue, 01 Nov 2011 07:06:35 +0000

Small and medium businesses in the UK have become less successful applying for loans last year.The latest figures published by the Office for National Statistics...

Santander Publishes Mortgage Lending Report

Fri, 28 Oct 2011 07:11:51 +0100

This year, Spanish-based Santander carried out 16.8 billion pounds in gross mortgage lending.One of the leading UK mortgage lenders, Spanish bank Santander,...

Nationwide Slashes Personal Loan Rate to 6.2%

Thu, 27 Oct 2011 07:06:00 +0100

The cheapest personal loans in the UK was recently introduced by the Nationwide Building Society.In the run up to Christmas, Brits are borrowing more on their...

Brits Increase Their Savings – Office for National Statistics

Wed, 26 Oct 2011 06:43:28 +0100

Brits started to save more money as the economic outlook remains gloomy and household income is expected to fall significantly.The official data released by...

New Credit Cards Launched by Barclaycard and Sainsbury’s

Tue, 25 Oct 2011 07:01:55 +0100

New attractive credit card offers hit the UK market as banks compete with each other for new customers.Recently, Barclaycard launched Simplicity, a new credit...

Brits Need Long-term Mortgages – Grant Shapps

Fri, 21 Oct 2011 07:07:35 +0100

In his coming speech in London, Minister Shapps is expected to urge UK lenders to offer long-term mortgages for British borrowers.According to the latest...

UK Banks Refuse to Lend to Student Property Investors

Thu, 20 Oct 2011 07:05:48 +0100

British banks no longer want to give money to property investors and developers interested in UK student housing.Leading UK banks like Barclays and Royal Bank...

Brits Keep Their Credit Card Spending in Secret

Fri, 14 Oct 2011 06:51:13 +0100

Recent research performed in UK suggests that one in ten credit card holders chooses not to share the financial information with the spouse.A recent researched...

UK Education Is Not Good Enough

Thu, 13 Oct 2011 07:02:47 +0100

A research, recently performed by a charity Young Enterprise, revealed that many UK students are unemployed because they lack certain skills.Although UK...

The Number of UK Mortgage Deals Hits 41-Month High

Mon, 10 Oct 2011 06:28:20 +0100

British banks currently offer more than 14,300 mortgage deals suggests a report by Mortgage Brain.The overview of the British mortgage market, carried out by...

Payday Loan Providers Reported to the OFT

Thu, 29 Sep 2011 06:47:20 +0100

Brits should beware of payday loans firms as many of them have poor practices, says UK consumer group Which?.Report published by Which?, UK independent...

UK Banks to Cut 35,000 Jobs in Q4 2011

Wed, 28 Sep 2011 06:46:30 +0100

Leading UK banks plan to cut as many as 35,000 jobs in the last quarter of 2011, suggests a new report.UK recruitment agency, Manpower Inc., recently performed...

More Mortgages Available from UK Lenders

Tue, 27 Sep 2011 06:52:51 +0100

According to a research recently carried out by Moneyfacts, the number of mortgages offered by UK banks, rose significantly in 2011.UK comparison website...

Over 35,000 mortgages approved in August

Mon, 26 Sep 2011 06:53:13 +0100

UK banks approved over 35,000 mortgage applications in August, the highest number in the past 15 months.The number of mortgages approved in Great Britain in...

UK Mortgage Lending Up by 6% in August

Wed, 21 Sep 2011 06:48:23 +0100

UK mortgage lending recovered from the 6% slump in July as it improved by 6%, said the Council of Mortgage Lending in its Gross mortgage lending report.The...

Compare UK Mortgage by Google No Longer Available

Tue, 20 Sep 2011 06:41:45 +0100

Something strange happened to a mortgage comparison website launched by Google, say Mortgage Strategy analytics.The UK mortgage comparison website launched...

Tuition Fees in UK Are Lower than in USA and Korea

Fri, 16 Sep 2011 03:38:08 +0100

In the opinion of OECD experts, education in Great Britain is costly and yet affordable for most students.According to the latest report by the Organisation...

Londoners Rely on Payday Loans

Thu, 15 Sep 2011 06:47:25 +0100

Research shows that those are middle earners from London who rely on payday loans most often.A recent report published by a provider of payday loans revealed...

ICB Announces Proposed Financial Sector Reforms

Thu, 15 Sep 2011 06:30:00 +0100

The Government s Independent Commission on Banking released its final report on Monday, containing a number of recommendations of how to improve the stability...

Lots of New Jobs to Be Created in UK by 2015 – Google

Tue, 13 Sep 2011 06:51:44 +0100

Up to 365,000 jobs will be created in Great Britain by 2015 thanks to Internet technologies and innovation, says vice-president of Google UK, Mr....

Financial job vacancies in London Fall by 20%

Mon, 12 Sep 2011 07:04:10 +0100

Only 4,030 job vacancies in the financial sector were open in London this August, reports Astbury Marsden recruitment agency.According to the report recently...

UK Banks Launch Lots of New Mortgage Products

Tue, 06 Sep 2011 13:52:08 +0100

The market analysis, performed by Mortgage Brain in the UK, the number of mortgage products available from lenders reached its 3-year high in 2011.The number of...

No Deposit Mortgage Makes it’s Return

Tue, 06 Sep 2011 07:00:00 +0100

In a surprise move which is sure to generate some waves in the lending market, a relative newcomer to the mortgage lending community has announced a 0% deposit...

Brits Cut Down on Credit Card Borrowing – Moneynet

Mon, 05 Sep 2011 11:32:30 +0100

As the economic outlook has become gloomy, many Brits chose to cut their credit card borrowing and repay the debts.Moneynet has found out that Brits choose to repay...

UK Mortgages Now Available at 3.69% - Nationwide

Fri, 02 Sep 2011 09:55:24 +0100

UK potential home owners are urged to take advantage of the new offer by Nationwide: the lender has slashed rates on its 5-year fixed mortgages to 3.69!According...

Mortgage Lenders Remain Cautious

Tue, 23 Aug 2011 07:00:00 +0100

Any hope that relaxed lending could come to the rescue of the UK s beleaguered property market was dashed yet again recently, with the news that total mortgage...

Unemployment Takes another Turn for the Worse

Fri, 19 Aug 2011 06:39:27 +0100

In another blow for the UK s economy, unemployment leapt up by 38,000 to 2.49 million in the last quarter. The figures, from The Office of National Statistics...

Low Base Rate Fuels Falling Mortgage Costs

Fri, 12 Aug 2011 07:00:00 +0100

Fixed mortgage rates have fallen to their lowest rate in over 20 years, according to new research from Moneyfacts.co.uk. The personal finance information and...

Credits Card for Online Shoppers Launched by CapitalOne

Mon, 11 Jul 2011 04:05:12 +0100

The latest news release published by UK independent consumer group Which? on Friday, July 8th, suggests that a new credit card has been launched by...

New Proposal on UK Student Loans Faces Criticism

Thu, 07 Jul 2011 06:04:44 +0100

It has recently been revealed that the British Government might encourage students to take out loans to pay for education from high street banks. The...

RBS and NatWest Launch New Reward Credit Card

Tue, 05 Jul 2011 05:28:36 +0100

The latest report by UK independent consumer group Which? suggests that RBS and NatWest have launched a new reward credit card.The new product, World...

UK Mortgage Rates Hit 23-Year Low

Tue, 28 Jun 2011 06:17:52 +0100

According to a report released by website Moneyfacts on June 27th, 2011, mortgage interest rates in UK reached their 23-year low. Both, fixed and tracker...

UK First-time Buyer Mortgages to Become More Accessible

Mon, 27 Jun 2011 06:37:04 +0100

It has recently been announced that UK first-time buyers will find it easier to get a mortgage loan as the Government launches a new support scheme,...

UK Mortgage Lending Up by 12% in May

Tue, 21 Jun 2011 05:54:23 +0100

The latest report published by the Council of Mortgage Lenders on Monday, June 20th suggests that gross mortgage lending increased in the UK by 12% in May...

UK Banks to Receive Accreditation by Fairbanking Foundation

Mon, 20 Jun 2011 05:57:24 +0100

From now on, UK consumers will be able to choose a bank not only based on other people's reviews and available deals, but also on official rating.UK charity,...

UK Credit Cards Rates Hit 4-Year High

Fri, 17 Jun 2011 05:20:27 +0100

New figures released by Defaqto suggest that credit card interest rates reached 4-year high in Great Britain.The Bank of England's base rate has been frozen...

Nationwide Offers the Cheapest Personal Loans

Thu, 09 Jun 2011 06:04:39 +0100

Only a couple days ago one of the leading UK lenders, Nationwide building society, introduced an extremely low rate on its personal loan. Having been cut by...

Low-skilled Immigrants Invade the UK

Fri, 03 Jun 2011 07:08:24 +0100

A recent research revealed that the number of low-skilled immigrants in the UK increased. In particular, the vast majority of workers came from the EU...

Virgin Announce Intention to Move into High Street Banking

Fri, 27 May 2011 07:00:00 +0100

Virgin Money, part of Richard Branson s multinational conglomerate, made a step closer towards becoming a major high street bank with the announcement that it...

Tougher Mortgage Regulation is Supported by First Time Buyers

Thu, 26 May 2011 07:00:00 +0100

Research from homelessness charity Shelter suggests that despite the negative impact that it could have on them trying to buy a house, 75% of first...

Inflation Rise Spells More Difficulty for Savers

Tue, 24 May 2011 07:00:00 +0100

Bad news for savers came as the Office for National Statistics announced a further increase in the level of CPI inflation to 4.5% last week. This indicated a...

Loan Rates Reach Ten Year High

Tue, 24 May 2011 07:00:00 +0100

Interest rates charged on personal loans have reached their highest level in a decade, according to comparison website moneyfacts.co.uk. The average rate on a ...

Mortgage Lending Slips Further

Mon, 23 May 2011 07:00:00 +0100

Prospects for a house price recovery were further dampened with announcement of another decline in mortgage lending levels for April 2011. The figures, from...

Families See Rise in Unsecured Debt

Mon, 23 May 2011 07:00:00 +0100

New statistics from insurance firm Aviva revealed that families with one or more children have experienced a sharp rise in unsecured debt levels. Between...

Contactless Payment Remains Unpopular due to Security Fears

Thu, 19 May 2011 07:00:00 +0100

Consumers are discouraged from using contactless payment technology due to a lack of information and fear of theft, figures suggest. The research by payment...

Remortgaging Increased in First Quarter

Thu, 19 May 2011 07:00:00 +0100

Figures released on Saturday by the Council of Mortgage Lenders show increased remortgaging activity in the 1st quarter of 2011. Remortgaging had increased 14%...

Business Leaders Criticise Flexible Working Proposals

Tue, 17 May 2011 07:00:00 +0100

Government plans to offer more flexible to hours to employees came under fire yesterday as business lobbyists attacked the coalition for tinkering with...

Good News for Savers as NS&I Certificates are Relaunched

Mon, 16 May 2011 08:54:47 +0100

Though it may have angered some in the banking industry, savers can now look forward to reaping the benefits of a National Savings and Investment Certificate,...

Saving Falls in the UK as Cost of Living Creeps Higher

Fri, 13 May 2011 07:00:00 +0100

Savings rates in the UK have fallen significantly, it has emerged. Research from ING suggests that the median savings of a UK adult has fallen by 12% in the...

Energy Costs Pushing Consumers into Debt

Fri, 13 May 2011 07:00:00 +0100

Figures released by National Debtline have suggested a significant increase in consumers struggling with fuel debt. The Charity said it had experienced a 181%...

Coalition Government Announces Controversial Employment Law Reforms

Thu, 12 May 2011 07:00:00 +0100

Trade union leaders responded with criticism yesterday when the government announced plans to water down the laws regarding workplace discrimination and...

Nationwide Announces 95% Mortgage

Thu, 05 May 2011 07:00:00 +0100

In a move seen as beneficial for those looking for first time buyer mortgages, Nationwide Building Society has announced the launch of a new savings account...

UK Solar Industry Jobs Rise by 32%

Tue, 03 May 2011 07:46:20 +0100

In the very end of April, Capital Green Ltd., London-based search, selection recruitment consultancy, reported that the solar industry in UK gained 951 jobs...

New Savings Deal Launched by Northern Rock

Mon, 02 May 2011 06:02:55 +0100

Northern Rock recently became one of the most popular banks among savers as it launched a new instant access savings account paying 3.01%.The only rival...

UK Mortgages Fall by 10% in March 2011

Thu, 28 Apr 2011 08:13:12 +0100

The latest report by the British Bankers Association suggests that UK gross mortgage lending fell by more than 10% from March 2010 and reached 7.7 billion...

Lending to UK Small Businesses Is Flat – BoE

Wed, 27 Apr 2011 09:32:06 +0100

The latest Trends in Lending survey by the Bank of England published on April 21st 2011 revealed that the demand for business loans from small business remain...

UK Mortgage Lending Weakens in March 2011

Mon, 25 Apr 2011 08:00:19 +0100

A recent report by the Bank of England revealed that mortgage lending in UK fell in March. The bank expects demand to further decline in the second quarter of...

UK Best-selling ISA to Be Withdrawn Soon

Fri, 22 Apr 2011 08:31:29 +0100

Those who plan to invest their money into ISA should hurry as one of the best-selling deals available on the market is to be withdrawn on April,...

Universities Announce Tuition Fee Rises for 2012

Thu, 21 Apr 2011 07:00:00 +0100

Student leaders and opposition MPs reacted angrily yesterday after it emerged that two thirds of universities in England plan to charge the full 9000 tuition...

Banks Fail in PPI Battle

Thu, 21 Apr 2011 07:00:00 +0100

The financial services industry may be forced to pay up to 4.5billion in compensation following a court ruling denying their appeal against new regulations...

Mortgage Arrangement Fees Are Too High – Uswitch

Mon, 18 Apr 2011 08:10:19 +0100

A recent research carried out by Uswitch - online comparison source - revealed that many Brits are paying too much in arrangement fees.Results of the research...

Brits Carefree About Debt Below £10k

Mon, 18 Apr 2011 06:30:00 +0100

Research from moneysupermarket.com has shown that it takes an average debt of nearly 10,000 (except mortgages) before British consumers begin to worry. Known...

ICB Calls for Reform in Bank Account Switching Process

Thu, 14 Apr 2011 07:39:58 +0100

The latest report published by the Independent Commission on Banking on Monday, April 11th, suggests that action needs to be taken to urge Brits to compare and...

Jobless Total Falls but Youth Unemployment at Record High

Thu, 14 Apr 2011 06:30:00 +0100

Unemployment figures announced yesterday painted appeared to show positive news, with a significant fall of 17,000 less people out of work during the months to...

Small Relief for Savers as Inflation Falls Slightly

Wed, 13 Apr 2011 07:00:00 +0100

Savers saw a welcome if unexpected fall in the rate of inflation announced this week from 4.4 to 4%, figures from the Office of National Statistics show....

Barclays Acquires MNBA’s Business Credit Card Portfolio

Tue, 12 Apr 2011 07:35:16 +0100

Last week it was reported that Barclays has acquired MNBA's UK small business credit card portfolio.The bank had approximately 60,000 small businesses as...

Commission Announces Major Changes in Bank Regulation

Tue, 12 Apr 2011 07:30:51 +0100

The Interim Commission on Banking, a government body created to determine the future of banking regulation in the UK, released its interim report yesterday,...

Mortgage Lending Increases

Mon, 11 Apr 2011 07:27:32 +0100

New figures from the Council of Mortgage Lenders have shown a slight increase in mortgage lending occurred in February. The announcement comes as good news for...

Money Advice Service Launched

Mon, 11 Apr 2011 07:00:00 +0100

The UK government has launched the new Money Advice Service to inform people on how to manage their money. The service, which can be used online, in person or...

Brits Repay Mortgages at a Record Rate

Wed, 06 Apr 2011 09:28:25 +0100

The latest report by the Bank of England suggests that last year UK borrowers repaid the largest amount of money in mortgages in the past 40 years.The sum of ...

UK Mortgage Approvals Rise in February 2011 – BoE

Fri, 01 Apr 2011 08:33:45 +0100

Official data revealed by the Bank of England on March, 29th suggests that the number of mortgage approvals exceeded the expectations of analysts.As such,...

Brits Invest into ISAs to Save for Higher Education

Thu, 31 Mar 2011 07:24:39 +0100

The results of the latest research carried out by Virgin Money were revealed yesterday, on March 30th.It showed that instead of setting up student bank...

Barclaycard Platinum Credit Card Offers 25% on Balance Transfers

Wed, 30 Mar 2011 07:39:13 +0100

Platinum credit card by Barclaycard is known to be the one with the longest 0% balance transfer period of 18 months.From now on, all new holders of platinum...

Firstbuy Direct Scheme Criticised by UK Property Experts

Fri, 25 Mar 2011 08:46:25 +0000

The British Parliament criticised the Firstbuy Direct schemed introduced in the Budget.UK economists and MPs are determined that this scheme, aimed to help...

Osborne Announces “Budget For Growth”

Fri, 25 Mar 2011 07:36:21 +0000

Chancellor of the Exchequer George Osborne revealed the UK government s budget for 2011 earlier this week, claiming his plans would put fuel in the tank of...

UK Debt Statistics Published by Credit Action

Tue, 22 Mar 2011 06:49:56 +0000

A report released by Credit Action, UK-based money education charity, suggests that personal debt in UK stood at 1,452 billion in the end of January.As for...

FSA Concerned Over Growing Number of High LTV Mortgages

Fri, 18 Mar 2011 07:29:46 +0000

A recent report on UK financial system prospects, published by the Financial Services Authority (FSA) on March, 17th 2011, suggests that Great Britain might...

MBNA Launches New Balance Transfer Credit Card

Wed, 16 Mar 2011 09:01:18 +0000

Today, on March 16th, MBNA launched its credit with the longest balance transfer period ever seen. As such, the product will feature 0% balance transfer rate...

England Might Face Housing Crisis in 2025

Tue, 15 Mar 2011 09:35:46 +0000

The latest research by the Institute for Public Policy Research revealed that the country might face another housing crisis by 2025.Experts at the IPPR expect...

Mortgage Lending Fell 26% in January

Sun, 13 Mar 2011 07:00:00 +0000

A drop in the level of mortgage approvals in January has been reported by the Council of Mortgage Lenders, casting further negative light on the future of the...

Google Might Launch Mortgage Comparison Service

Thu, 10 Mar 2011 07:19:30 +0000

Only a few days ago it was revealed that Google, giant search engine, acquired UK-based mortgage comparison website BeatThatQuote, a price comparison...

More Brits Plan to Buy a Car in 2011

Wed, 09 Mar 2011 08:15:00 +0000

The latest data revealed in Sainsbury s Finance Car Buying Index suggests that the number of people who plan to buy a car in the next 6 month is at its 3-year...

Number of Pension Age Workers Doubled Over Ten Years

Thu, 03 Mar 2011 07:15:00 +0000

New figures released by the office of national statistics yesterday showed a significant increase in the number of state pension age people choosing to remain...

One in Three Teens Believe Using a Credit Card is not Spending Money

Thu, 03 Mar 2011 07:14:00 +0000

A new report published yesterday by UK retail bank Barclays shone some light on the attitudes of young people in Britain towards management of their money....

Student Loan Applications for 2011/2012 Open by Student Loans Company

Wed, 02 Mar 2011 06:57:57 +0000

Last week the Student Loans Company announced that it started to accept applications for student finance for the next school year.UK students are strongly...

UK Employment Rate to Remain Unchanged

Tue, 01 Mar 2011 07:53:38 +0000

The largest hiring agency in the UK, Hays, recently announced that the new jobs in the private sector are not enough to compensate the cuts in the public...

UK Credit Card Users Lose £2.3billion a Year Due to Unpaid Debt

Fri, 25 Feb 2011 07:41:21 +0000

A report from price comparison website moneysupermarket.com has shown Brits are wasting billions of pounds a year by leaving unpaid debt on their ....

Mortgage Deals from Big UK Lenders Tend to Be Expensive

Thu, 24 Feb 2011 08:08:06 +0000

A recent research carried out by UK-based online comparison source Moneyfacts showed that the most attractive are not always available from big...

Nationwide Launches New Credit Card

Wed, 23 Feb 2011 07:40:41 +0000

Today, on February 23rd, Which?, UK-based consumer group, announced that Nationwide has withdrawn its popular Gold credit cards. Instead, the lender launched...

Government Announces Reprieve for Debt Advice Funding

Fri, 18 Feb 2011 07:23:40 +0000

With levels of consumer debt in the UK reaching staggering highs in recent times, it may have come as a shock to many that the coalition government revealed...

AA Raises Interest Rate on Savings Deal

Thu, 17 Feb 2011 08:46:12 +0000

One of the latest announcements made by Which4U, UK-based online comparison source, suggests that AA has increased interest rate on its savings accounts. This...

UK Banks Slash Personal Loan Rates

Mon, 14 Feb 2011 09:09:47 +0000

The month of January was marked by a fierce battle between UK personal loans providers for consumers' loyalty.Most banks decreased interest rates in an...

CML Reports a Decrease in Home Repossessions

Fri, 11 Feb 2011 07:45:45 +0000

According to a report published by the Council of Mortgage Lenders on its official website on February, 10th, the number of repossessions fell by 24% in...

M&S Money Credit Card Is the Top Pick in UK

Thu, 10 Feb 2011 06:50:51 +0000

uSwitch, British online portal for those who seek to compare prices and switch providers, recently carried a credits card survey among its visitors.The survey...

Santander Accounts for 20% of UK Mortgages

Mon, 07 Feb 2011 08:46:30 +0000

Santander, a Spanish bank, recently revealed its profits. They grew by 11% in 2010 compared to 2009 despite the fact that its gross lending fell. One of the...

1,600 Mortgage Deals Launched in January

Mon, 07 Feb 2011 08:08:15 +0000

According to the statistics available from online mortgage system, Mortgage Brain, the number of residential mortgage deals currently stands at almost...

Increase in Number of Mortgage Deals Available

Mon, 07 Feb 2011 02:32:37 +0000

New figures released by Moneyfacts.co.uk indicate a major rise in the number of mortgage products available on the market in the last two years. Although the...

Barclaycard to Eliminate 285 Jobs in UK

Thu, 03 Feb 2011 08:40:08 +0000

It has just been announced by Barclays, the 3rd largest lender in Great Britain, that as many as 285 of its employees in the Barclaycard division might be...

Credit Card Rates Highest in 13 Years

Thu, 03 Feb 2011 07:00:12 +0000

New data suggests that average rates of interest charged on credit cards has reached 18.9%, the highest level for 13 years, despite the Bank of England s base...

Work Experience Vital for Job Market Success

Wed, 19 Jan 2011 07:03:15 +0000

A comprehensive assessment of the graduate job market released yesterday urges that graduates without experience of employment are likely to struggle in the...

UK Banks Impose Charges on Current Account Overdrafts

Fri, 14 Jan 2011 09:11:29 +0000

One of the latest reports by Money Maxim published this week suggests that more and more British banks and building societies are imposing charges on current...

January Is the Right Time for Personal Loans

Wed, 12 Jan 2011 09:01:23 +0000

The beginning of 2011 was marked by the introduction of low-interest loan deals for consumers with poor credit history by Santander, a Spanish-based...

Paragon Expects UK Buy to Let Mortgage Market to Improve

Mon, 10 Jan 2011 07:15:39 +0000

In the opinion of Mr. Terrington, chief executive of Paragon, access to buy to let financing will improve in 2011. According to estimates of Paragon, the...

Northern Rock Launches New Savings Deal

Tue, 28 Dec 2010 07:10:57 +0000

Recently, one of the leading British banks - Northern Rock - launched a new savings account with instant online access.Brits who are looking for a deal that...

Travellers with Credit Cards to Pay More for British Airways Tickets

Wed, 22 Dec 2010 07:41:37 +0000

In early December British Airways, one of the leading carriers in the country, made an unpleasant Christmas surprise for its customers.The company announced...

UK Households Struggle with Credit Card Debt – BoE

Fri, 17 Dec 2010 07:43:59 +0000

A recent report by the Bank of England (BoE) suggests that more than a quarter of households in Great Britain struggle with credit card debts.With an average...

The Student Loans Company Criticised by MPs

Tue, 14 Dec 2010 07:52:09 +0000

In a report published last week by MPs, the performance of the Student Loans Company is unacceptable because it left around 100,000 undergraduate students...

MPs Approve Increase in Tuition Fees

Fri, 10 Dec 2010 07:29:00 +0000

Members of Parliament yesterday voted to pass the Coalition Government s reforms to higher education funding in England. The changes will replace the current...

Santander Promotes Its Current Account Products

Fri, 10 Dec 2010 07:16:04 +0000

If you are unhappy with the cold and snowy weather in Great Britain or plan to switch your current account, consider taking advantage of the promotion offer by...

UK Consumers Choose Online Christmas Shopping

Tue, 07 Dec 2010 09:18:58 +0000

According to a recent report by Kelkoo, UK-based comparison website, heavy snowfalls in Great Britain resulted in huge losses for retail stores as some of its...

Sustainable Commercial Properties Are Beneficial – Knight Frank

Wed, 01 Dec 2010 09:17:36 +0000

A recent report by Knight Frank suggests that British investors will soon pay more attention to sustainability of commercial property rather than to quick ROI...

UK Borrowers Urged to Shop Around for Best Deal

Tue, 30 Nov 2010 09:45:01 +0000

With the Christmas period fast approaching, those considering a personal loan are advised to make sure they shop around to get the best possible deal....

Many Scots Unable to Open Bank Accounts

Tue, 30 Nov 2010 08:43:59 +0000

According to a new report, entitled "Banking on the Basics" published by Citizens Advice Scotland (CAS), one in 10 citizens of Scotland do not have a bank...

International Students in York Unable to Access Banking Services

Fri, 26 Nov 2010 08:13:58 +0000

International students who arrived this year in York claim they have problems setting up accounts in UK banks and resolving other financial matters.Moreover,...

Christmas Holidays Drive Brits Into Debts

Thu, 25 Nov 2010 07:44:56 +0000

In the run up to Christmas, Consumer Intelligence, UK-based financial website, carried out a research, which revealed that many Brits are still repaying their...

Nationwide Launches Christmas Savings Deals

Wed, 24 Nov 2010 06:09:53 +0000

In the run up to Christmas, Nationwide - one of the leading UK building societies - launched several top-rate savings accounts. As such, the newly introduced...

Buy to Let Landlords Benefit from Limited Mortgage Availability

Wed, 24 Nov 2010 05:50:12 +0000

A recent research carried out by Rightmove, a property website, suggests that UK buy to let landlords are the ones who benefit from scarce mortgage...

IVA Might Become More Demanded

Tue, 23 Nov 2010 07:47:21 +0000

The latest statistics from the Office for National Statistics (ONS) suggests that unemployment rate fell by 0.1% and employment improved by 0.3%, reaching...

UN report stokes fears of rising prices and another food crisis

Fri, 19 Nov 2010 07:22:30 +0000

A report by the UN’s Food and Agriculture Organisation has forecasted a worrying rise in staple food prices for 2011 that may put the world on the brink...

UK Personal Loan Rates Fall – Moneysupermarket

Thu, 18 Nov 2010 08:11:04 +0000

A recent report published by a comparison portal Moneysupermarket suggests that rates on UK personal loans have finally started to come down from their 5-year...

Mortgage Availability Damages UK Property Market – Persimmon

Tue, 16 Nov 2010 06:02:20 +0000

Persimmon, one of UK-based housebuilding groups, published a report yesterday on November 15th, in which it blamed the mortgage market for the low level of...

Cater Allen Launches 3% Business Account

Tue, 16 Nov 2010 05:45:57 +0000

UK business that are not interested in credit, but rather in savings, might benefit from the new deal launched by Cater Allen - part of Spanish-based Santander...

Irish Students Will Have Access to UK Loans

Mon, 15 Nov 2010 05:57:28 +0000

Changes are planned to be introduced into the UK student system as soon as in 2012.Students from Ireland or European Union, who want to study in English...

UK Repossessions Fall by 30% - CML

Fri, 12 Nov 2010 07:36:22 +0000

In its latest report, the Council of Mortgage Lenders (CML) revealed that the number of repossessions in Great Britain in Q3 has fallen by 27% as compared with...

The Post Office Delivers Travel Credit Card Tips

Thu, 11 Nov 2010 08:03:43 +0000

A recent research carried out by the Post Office - UK leading provider of travel cards, travel insurance and post services - revealed that Brits are still keen...

New Secured Loan Scheme Introduced by Portal Portfolio

Wed, 10 Nov 2010 06:51:11 +0000

Last week, the British pension-backed secured loan lender - Portal Portfolio - introduced a new type of loans that allows Brits to not only obtain credit for...

UK Credit Card Fraudsters Attack Salesroom

Tue, 09 Nov 2010 07:52:05 +0000

UK auctions were hit by a major credit card fraud in late October 2010.Unknown man, who used different names including Alistair Goldsmith, Richard Baker and...

MBNA to Join Banks Introducing Contactless Credit Cards

Thu, 04 Nov 2010 06:55:42 +0000

Earlier, we have reported that Virgin Money follows the suit of Barclaycard and introduces contactless cards for its clients in the UK.Now, this initiative is...

New Car Loan Deal Introduced by Nissan Finance

Thu, 04 Nov 2010 06:42:07 +0000

Since the launch of Nissan Juke, the car which proved to be a great success for the manufacturer, Nissan Finance - the company's lending division - decided to...

Personal and Credit Card Debt More than UK GDP

Tue, 02 Nov 2010 08:28:37 +0000

A report published by Credit Action suggests that in September 2010 the overall amount of money owed by British consumers exceeded the country's gross...

UK Employment Market Improves – Antal

Tue, 02 Nov 2010 07:42:00 +0000

The latest survey "Global Snapshot" carried out by Antal, international recruitment company, showed that UK jobs market is improving as more and more...

Recession clamps down on employee sick days

Tue, 02 Nov 2010 07:30:02 +0000

A company that aims to fight employee absenteeism claims the recession is helping to reduce the amount of people taking time off work.Last year staff taking...

RBS and NatWest to Change Overdraft Charges

Mon, 01 Nov 2010 08:16:07 +0000

A recent announcement from RBS (Royal Bank of Scotland) and NatWest suggests that the lenders will change their overdraft policies in the near future.As soon...

Virgin Money Introduces Contactless Credit Cards in UK

Fri, 29 Oct 2010 06:25:17 +0100

Virgin Money, a UK lender, announced it decided to join the contactless payment system. This means that almost 2 million Brits who hold Virgin Money credit...

New Lender to Enter UK Residential Mortgage Market

Wed, 27 Oct 2010 09:30:01 +0100

On Tuesday, October 26th, Precise Mortgages, a UK-based mortgage lender that aims to help mortgage market recover, announced it received an approval from the...

UK Banks No Longer Pay Interest on Current Accounts

Mon, 25 Oct 2010 08:02:01 +0100

A recent report published by Moneyfacts, online financial source, suggests that most British banks no longer pay interest to holders of current accounts who...

UK Buy to Let Properties Highly Demanded in Q3

Thu, 21 Oct 2010 07:03:54 +0100

According to a comparison portal Which4U, Paragon Group has published a new Private Rented Sector Trends report for the 3rd quarter of 2010.The figures...

UK Government to Regulate Credit Card Market

Tue, 19 Oct 2010 08:32:38 +0100

British Government plans to introduce stricter regulation of the credit and store card market in an effort to promote fair treatment of consumers.In the...

UK Reward Cards Should Be Used with Caution

Fri, 15 Oct 2010 06:47:10 +0100

According to a recent statement made by Mr. Marday of online credit card portal, Compare Prepaid, suggests that reward credit cards are not the best option for...

UK Debt Management Firms Exploit Consumers

Thu, 14 Oct 2010 07:47:27 +0100

A report published by the Office of Fair Trading (OFT) showed that many British debt management companies focus on sales rather than help to their clients.One...

UK First-time Buyer Mortgage Deposits Are Impossible

Thu, 14 Oct 2010 07:32:19 +0100

The new "Financial Barriers to Home Ownership" report published by Genworth UK - worldwide provider of lifestyle protection, mortgage protection insurance,...

Switching of Bank Accounts Discussed by BBA, OFT and Consumer Focus

Wed, 13 Oct 2010 06:01:47 +0100

A recent report by Consumer Focus urged UK banks to simplify the process of switching bank accounts. According to the organisation's statistics, many Brits...

Nationwide Increases Savings Rate on Its Online Deal

Tue, 12 Oct 2010 09:26:27 +0100

The Nationwide Building Society has improved the terms of the online savings account, which has been so popular with the lender's clients.From October 8th,...

Barclays Slashes Mortgage Interest Rates

Fri, 08 Oct 2010 07:46:33 +0100

Woolwich, the mortgage arm of Barclays, a leading UK bank, has increased its mortgage lending by 42% in 3 years, which compares to an industry average of...

Rates on UK Personal Loans Rise by 17%

Wed, 06 Oct 2010 06:23:12 +0100

The latest research carried out by Sainsbury's Finance, one of the high-street lenders in Great Britain,loans for personal purposes are becoming less...

The Number of UK Car Loans Increases in 2010

Mon, 04 Oct 2010 07:42:40 +0100

The recent figures revealed by the Finance and Leasing Association (FLA), UK industry regulator in the sector of asset, consumer and motor finance, suggest...

UK Students Should Choose Overdraft-free Bank Accounts

Mon, 04 Oct 2010 07:13:28 +0100

Experts of an online comparison source, Moneyfacts, published a report, in which they recommend UK students to avoid bank accounts that offer freebies....

Many Brits Rely on Equity Release, not Pension

Fri, 01 Oct 2010 08:33:24 +0100

A recent research by LV=, UK retirement specialist, showed that the vast majority of Brits still believes that property is the best way to save for pension. As...

UK Banks Increase Interest Rates on Secured and Unsecured Loans – BoE

Thu, 30 Sep 2010 08:56:12 +0100

The report by the Bank of England, which can be found in its quarterly bulletin, suggests that interest rates on loans in the United Kingdom rose.The increase...

Which? Says Reward Credit Cards Are Costly

Thu, 30 Sep 2010 08:30:37 +0100

The latest research carried out by British consumer group Which? showed that some of rewards credit cards offered by airlines in the framework of loyalty...

Unrivaled Platinum Credit Card Deals Launched by MBNA

Tue, 28 Sep 2010 08:41:46 +0100

MBNA, one of the largest UK credit card providers with over 6 million customers, entered the top 10 of affordable lenders as it launched 2 new platinum credit...

Barclays Plans to Get Back on Commercial Mortgages Market

Tue, 28 Sep 2010 08:19:19 +0100

Barclays, the 4th largest lender in Great Britain, announced it plans to get back onto the commercial property market. Let us remind that the bank managed to...

Nationwide Abolishes Remortgage Fees

Mon, 27 Sep 2010 07:42:42 +0100

On Friday, September 24th, a range of new remortgage deals have been introduced by Nationwide in an attempt to support the customers.The new 2-, 3-, and 5-year...

Co-operative Launches Free Current Accounts

Fri, 24 Sep 2010 07:21:36 +0100

Mr. John Hughes, representative of Co-operative, announced that the bank will now offer its ultimate Privilege and Privilege Premier Packaged Current Accounts...

CML Reports a Dramatic Fall In Mortgage Lending

Thu, 23 Sep 2010 07:51:38 +0100

The latest figures published by the Council of Mortgage Lenders (CML) on Monday, September 20th suggest that the number of mortgages given out by British banks...

Borrowers Urged to Be Careful When Choosing Loans

Wed, 22 Sep 2010 08:22:26 +0100

In the opinion of Mr. Mark Bower of online source MoneyMaxim, loans offered by your trusted banks might not be the cheapest ones available.Instead, managing...

UK Students Targeted by Online Fraudsters

Tue, 21 Sep 2010 07:55:46 +0100

Student Loans Company says that students in Great Britain have to be wary of fraudulent e-mails they might receive as the new academic year begins. Most of...

UK Credit Card Spending Increases by 10%

Mon, 20 Sep 2010 07:19:36 +0100

According to the latest research carried out by Barclaycard, credit as well as debit card spending skyrocketed in August 2010 by 10% compared to the same...

Barclaycard Platinum Back on Top

Wed, 15 Sep 2010 07:01:20 +0100

According to Mrs. Julia Kukiewicz of Credit Card Comparison, Barclaycard Platinum is now the best offer Brits interested in 0% cards can get.This Barclaycard...

Self-employed Brits Struggle to Repay Debt

Tue, 14 Sep 2010 06:53:08 +0100

According to the Consumer Credit Counselling Service, it will be unable to help 50% of self-employed Brits, who have contacted its Self-Employed Centre in...

Student Loans Are No Longer Interest-free

Tue, 14 Sep 2010 06:27:04 +0100

Bad news has come for students: from September 1st, they will have to pay interest on their loans. Last year, the Student Loans Company charged 0% interest...

Unemployed Households Rate Reaches 22.6%

Fri, 10 Sep 2010 12:07:02 +0100

According to the latest statistics compiled by the Office for National Statistics, the proportion of unemployed households in Scotland reached 22.6% or 411,000...

Gold Credit Card Launched by Sainsbury’s Finance

Thu, 09 Sep 2010 09:01:16 +0100

According to the latest announcement by Sainsbury's Finance, it has launched a new credit product. The lender claims its new card, Gold Credit Card, is...

Mortgage Rate Cuts Introduced by Halifax

Wed, 08 Sep 2010 09:05:13 +0100

One of the leading British mortgage lenders, Halifax of Lloyds Banking Group, announced a 0.5% cut on all its mortgage products.Those UK borrowers who apply...

Nationwide Slashes Personal Loan Rates

Wed, 08 Sep 2010 08:44:17 +0100

The Nationwide Building Society recently announced that it reduces rates on personal loans down to 7.6% APR. This move made the lender's personal loan offer...

More Job Losses as RBS to close half of their insurance centres

Fri, 27 Aug 2010 09:47:21 +0100

Back in May RBS announced its plans to cut 2600 jobs.Now they have informed their staff about their plans, which include closure of 14 out of 27 insurance...

Savings Shrink to Supplement Income

Wed, 25 Aug 2010 08:12:54 +0100

Recent research conducted by Schroders, revealed that approximately a third of Brits have withdrawn funds from their savings and investment accounts to top up...

Lloyds Banking Group Leaves Ireland

Mon, 23 Aug 2010 07:49:23 +0100

Lloyds does not intend to prolong its Republic of Ireland banking licence as it ends banking activities within the country, which have led to more than a 1.5...

Agreed IVAs Hit Its All-time High

Fri, 20 Aug 2010 07:15:30 +0100

According to the last figures released by the Insolvency Service, an average of 140 people applied for IVA every day.The number of borrowers unable to repay...

CML Reports a Rise in Buy to Let Lending

Thu, 19 Aug 2010 07:43:08 +0100

The latest figures released by the Council of Mortgage Lenders (CML) suggest that buy to let mortgage lending has hit its highest level in the second quarter...

Current Accounts Are Expensive – Which?

Wed, 18 Aug 2010 07:38:26 +0100

The latest research carried out by Which?, a UK consumer group, showed that banking in Great Britain is not as inexpensive as many people tend to believe....

GE to launch the first online bank in the UK after the crisis

Tue, 17 Aug 2010 07:43:09 +0100

General Electric, a global US company, is scheduling to set up an online bank in the UK. The financial department of the corporation, GE Capital, has already...

UK Students Will Have Their Loans Approved in Time

Tue, 17 Aug 2010 07:30:37 +0100

The Student Loan Company, a UK-based firm specializing in student loans, claims there will be no delays in processing of student applications this year. Let us...

New Credit Card Incentive Introduced by Halifax

Fri, 13 Aug 2010 08:16:07 +0100

Halifax, one of the leading British lenders, has announced it will introduce a new incentive for its current customers interested in credit cards.At the...

ONS Reports 0.3% Improvement in UK Jobs Market

Thu, 12 Aug 2010 07:32:34 +0100

The Office for National Statistics (UK) has just revealed the latest figures on employment rate in the country. They suggest that the number of people who have...

Fixed-rate Savings Deals that Pay Well

Wed, 11 Aug 2010 07:31:24 +0100

The Bank of England has left the base rate unchanged at 0.5% for the 18th consecutive month. Of course, this is good news for British borrowers, who still...

Travelex Launches Pre-paid Card Advertising Campaign

Wed, 11 Aug 2010 07:10:29 +0100

On Monday, August 9th, foreign exchange company Travelex, launched a new advertising campaign in London and South-East England. The campaign, which is the...

New Banking Products for UK Students Launched

Fri, 06 Aug 2010 07:02:15 +0100

A recent article published by Moneynet, a UK online comparison portal, suggests that more and more British high street lenders are willing to actively operate...

Nationwide Stops Overseas Fee-Free Card Using Policy

Tue, 03 Aug 2010 07:31:09 +0100

Nationwide has announced plans to discontinue its free debit card abroad using policy – one of the most attractive advantages of its current account.The...

Northern Rock Reduces Mortgage Fees and Rates

Tue, 03 Aug 2010 07:30:00 +0100

Last week the UK-based lender Northern Rock announced that it has improved its terms on buy to let and residential mortgage offers.As such, the interest rates...

Bankruptcy among UK Women Rises by 30%

Thu, 29 Jul 2010 07:54:34 +0100

Individual voluntary agreement, more often referred to as IVA, is believed to be a good solution to bankruptcy of individuals.The latest figures revealed by...

Santander Offers UK Students Free Insurance

Mon, 26 Jul 2010 07:15:13 +0100

British students have recently been offered a new current account by Santander, which is expected to meet the needs of teenagers.The financial side of this...

Halifax Clarity for Travellers

Mon, 12 Jul 2010 11:54:17 +0100

Halifax has introduced the Clarity credit card that should appeal to British holidaymakers and reduce costs associated with travel. This is quite an ordinary...

Humber wind farm creates 27,000 jobs

Sat, 10 Jul 2010 08:00:07 +0100

A £400 million plan to turn the south bank of the Humber into a centre of green energy has been unveiled.The coast near Immingham would be a centre of...

HEPI: Male graduates lose their positions in the labour market

Tue, 06 Jul 2010 09:38:32 +0100

Research recently held by HEPI demonstrates that recent graduates are facing many of difficulties in finding a job. In the last 6 months, the situation...

Airmiles Partners with Points International

Wed, 30 Jun 2010 07:10:42 +0100

Points International, a Canadian reward program, has recently partnered with the most popular British reward system - Airmiles. Those travellers who are...

Barclays Hits the Fixed Rate Savings Accounts Market

Mon, 28 Jun 2010 06:44:13 +0100

As most financial experts expect fixed rate bonds maturities to peak in July, British saving providers have launched a competition by introducing new, higher...

Nationwide Introduces 0% Balance Transfer Card

Thu, 24 Jun 2010 07:57:04 +0100

According to the information released by Moneynet, Nationwide Building Society has introduced a great offer for those credit card holders who wish to clear off...

More job losses at Northern Rock

Mon, 21 Jun 2010 08:00:18 +0100

In attempt to turn things around, Northern Rock has announced it s decision to cut another 650 jobs. The decision itself may not come as a surprise as such, as...

First-time Buyer Mortgages Less Demanded

Thu, 17 Jun 2010 08:42:53 +0100

The latest figures released by the Council of Mortgage Lenders show that first-time buyers accounted for the smallest proportion of UK borrowers since 2007.As...

Online Credit Card Payments Subject to Fraud

Thu, 17 Jun 2010 08:05:05 +0100

The recent research carried out by CyberSource showed that UK small and corporate businesses are expected to lose as much as 1.8% of their online profit this...

Ambitious mortgage offer from Barclays

Mon, 14 Jun 2010 08:15:06 +0100

Barclays came up with a new 90% loan-to-value (LVT) mortgage offer available through Woolwich, Barclays’ mortgage arm, and is intended only for Bovis...

UK Home Equity Rises by £2bn

Fri, 11 Jun 2010 08:37:00 +0100

A recent research performed by Key Retirement Solutions –UK equity release company – showed that the value of property owned by British pensioners...

Nine year ISA record

Thu, 10 Jun 2010 16:29:43 +0100

Recent information from the Investment Management Association (IMA), shows that April sales of Individual Savings Accounts (ISAs) were at their peak for 9...

Current Accounts Switching Profit

Thu, 10 Jun 2010 08:15:05 +0100

A poll recently conducted by moneysupermarket.com has revealed that people tend to switch their current accounts in search of a more beneficial credit interest...

More Personal Loans Taken for Education Purposes

Thu, 10 Jun 2010 08:00:00 +0100

A research performed by Sainsbury showed that the number of British citizens taking out personal loans for education purposes has grown significantly in the...

UK First-time Buyers Are Single

Wed, 09 Jun 2010 12:20:21 +0100

A recent research carried out by Santander Mortgages - one of the leading UK mortgage lenders for first-time buyers - showed that the majority of its customers...

Savings Rates Fall In a Flash

Wed, 09 Jun 2010 08:15:05 +0100

UK savers must feel even more desperate at the moment as the 18-month long low savings rate environment has resulted in the disappearance of more than 10 best...

Buy to Let Market Might Collapse

Mon, 07 Jun 2010 09:00:48 +0100

The past months have been characterised by a rapid recovery of the British buy to let market and growth of buyers' confidence. The overall number of new buy...

Brits dependent on their credit cards

Fri, 04 Jun 2010 14:43:04 +0100

New research conducted by moneysupermarket.com has revealed that in Great Britain, around 5 mln people prefer using credit card to settle their household...

UK Mortgage Approvals Rise

Thu, 03 Jun 2010 13:21:41 +0100

Mortgage lending in the United Kingdom has been steadily growing in the past months, however, its level remains low compared to the 6 months' average....

IVA Level Skyrockets in Q1

Fri, 28 May 2010 08:00:00 +0100

The first three months of 2010 were characterised by a 17.9% rise in personal insolvencies in 2 major regions of Great Britain - Wales and England - whereas...

Northern Rock to Lose Government’s Guarantee

Tue, 25 May 2010 17:58:27 +0100

Northern Rock might soon face a decreased flow of savers as a result of the expiration of Government's protection plan.Let us remind that the British...

Be Smart with Credit Cards Abroad

Tue, 25 May 2010 17:37:15 +0100

Football fans planning to go to South Africa to support England in the World Cup are warned against using credit cards abroad as foreign exchange fees might...

UK Students May Face Higher Interest Rates

Tue, 18 May 2010 08:00:00 +0100

According to a recent report made by the Russell Group, which consists of 20 British Universities and includes such top universities as Oxford, Cambridge and...

UK Banks Introduce Attractive Reward Cards

Wed, 28 Apr 2010 07:45:43 +0100

In the end of April a number of British banks launched new offers on credit cards in an effort to attract new customers and to increase the loyalty of existing...

Fewer Debt Consolidation Loans Taken Out by UK Borrowers

Tue, 27 Apr 2010 09:20:26 +0100

Steven Baillie, head of loans department at Sainsbury Finance - one of the major UK banks - claimed that the Brits are missing the chance to reduce their...

At a Crossroad of Isas

Mon, 26 Apr 2010 09:00:00 +0100

This week Santander announced they would no longer accept applications for one of their very popular accounts via telephone or online facilities. It is quite...

UK Borrowers Prompted to Remortgage Now

Mon, 26 Apr 2010 08:00:18 +0100

Survey carried out by Equifax, one of the leading UK credit reference agencies, showed that almost 1.5 million of British homeowners, whose fixed mortgage is...

Retired Parents Give a Helping Hand

Thu, 22 Apr 2010 15:21:27 +0100

According to specialist IFA Key Retirement Solutions, people are increasingly using equity release to support their families.Due to the current economic...

Banks offer help to stranded passengers

Wed, 21 Apr 2010 16:55:26 +0100

Hundreds of travellers are still in an awkward situation as they cannot get home because of the Icelandic volcano Eyjafjallajökull’s eruption and...

Credit Cards v Debit Cards

Tue, 20 Apr 2010 15:51:39 +0100

A number of credit card loyalty schemes are designed to reward customers with various benefits. Double reward schemes allow millions of Barclaycard customers...

Stopping inertia to discourage greedy banks

Wed, 14 Apr 2010 13:07:27 +0100

Last month the Consumer Focus organisation lodged a complaint with the Office of Fair Trading (OFT) woefully low ISA rates offered. There are banks which pay...

Nationwide Measures To Reduce Branch Queues

Tue, 13 Apr 2010 12:21:18 +0100

Nationwide Building Society is taking some measures to decrease the number of customers queuing at the counters. From June 7th, it will not be possible to...

Kensington fined by the FSA

Tue, 13 Apr 2010 12:02:17 +0100

UK mortgage lender Kensington, acquired by the South African bank Investec two years ago, violated the rules of the Financial Services Authority (FSA) in about...

Stamp duty holidays to attract first time buyers

Mon, 12 Apr 2010 12:08:31 +0100

This spring may become one of the busiest from over the last few years. The newly introduced two-year stamp duty tax holidays should attract more first-time...

The British Know How To Save Money

Wed, 07 Apr 2010 12:12:41 +0100

Research recently published by Mintel, show that because of the recession, the people of Britain have become money-savers.Savings are in fashion again! 70...

US Commercial Mortgage Market Shows No Signs of Recovery

Sun, 04 Apr 2010 09:05:10 +0100

About 50% of American commercial mortgage lenders might be underwater by the end of 2010. There have been no positive changes in the sector during the first...

The Mortgage Works Offers New Buy-to-Let Mortgage Products

Sat, 03 Apr 2010 12:10:39 +0100

The Mortgage Works (TMW) is now offering some new buy-to-let and light refurbishment mortgage programmes. It has also lowered the rates on several existing...

Car Loans Will Become More Available for UK Consumers

Fri, 02 Apr 2010 17:09:46 +0100

Finance experts expect car loans to become easier to find this year. Analysts from Deloitte conducted a research of UK manufacturers. The research findings...

US Private Banks Will No Longer Give Student Loans

Fri, 02 Apr 2010 14:53:28 +0100

Starting from July 1 American private banks will no longer be able to provide student loans. All the applications for student loans will go through the Federal...

CML views on mortgages data published by Bank of England

Wed, 31 Mar 2010 18:02:03 +0100

The Council of Mortgage Lenders (CML) comments on today’s Bank of England mortgage data that interest rates on new mortgages kept declining, whereas the...

FSA Is to Regulate Secured Loans Sector

Tue, 30 Mar 2010 09:37:18 +0100

The government has announced that the Financial Service Authority will be responsible for the secured lending regulation.The speculation about the change...

The British Need to Pay Off £52bn in Personal Loans

Tue, 30 Mar 2010 09:34:24 +0100

According to the new data released this week £52bn in personal loans should be paid off by the Britons to high street banks. The British Bankers'...

Creditors are ready to meet the wishes of those who are now facing severe financial problems.

Thu, 25 Mar 2010 15:53:58 +0000

British Bankers’ Association together with the Ministry of Justice and Consumer Credit Counselling Service (CCCS) has come with an effective scheme of...

Coventry Building Society merging with Stroud & Swindon Building Society

Wed, 24 Mar 2010 23:31:50 +0000

It was announced yesterday, that Coventry Building Society has finalised and agreed merger terms with Stroud & Swindon Building Society. Coventry Building...

More Than 150,000 People Looked for Debt Management Help Online in 2009

Sun, 21 Mar 2010 08:32:01 +0000

According to Statistical Yearbook 2009, issued by Consumer Credit Counselling Service (CCCS) online debt management advice is becoming more and more popular....

Women Are Less Likely to Need an IVA than Men

Sat, 20 Mar 2010 12:24:41 +0000

New data from the debt charity Consumer Credit Counselling Service (CCCS) shows that women are less likely than men to need an Individual Voluntary Arrangement...

Santander Has Made Its Premium Account Available for More Customers

Sat, 20 Mar 2010 11:34:24 +0000

Starting from March 8, Santander premium Zero account has been open to consumers with a bank investment product. The premium account used to be available only...

More Banks Partner with Universities to Teach Students to Manage Bank Accounts

Sat, 20 Mar 2010 10:33:26 +0000

PNC Bank and DePaul University have partnered to provide banking education and services for college students and staff. Special attention will be given to...

No More Fee-Free Cash Withdrawals Abroad for Basic Current Account Customers

Sat, 20 Mar 2010 09:13:49 +0000

Nationwide building society has announced that basic current account customers will not be able to withdraw cash without paying any fees while travelling...

13% of UK Investors Are Planning to Go Green with Isas

Sat, 20 Mar 2010 08:43:41 +0000

The “Isa season” of 2010 is in full fling so people are considering the options. According to the data collected by Co-operative Financial Services...

US Animal Lovers Are Invited to Apply for a PASS Visa Platinum Card

Wed, 17 Mar 2010 15:34:59 +0000

The Parsippany Animal Supporters Society (PASS), a volunteer, non-profit organization, invites animal lovers to apply for a charity PASS Visa Platinum credit...

New Credit Card Laws Have a Negative Effect on Business Cards

Wed, 17 Mar 2010 14:27:46 +0000

The Credit Card Act of 2009, which came into effect on February 22, 2010 seem to have a negative effect on credit car deals for small-business owners, experts...

Barclaycard Offers 1% Cash Back Reward for Purchases at High Street Stores

Wed, 17 Mar 2010 13:59:07 +0000

Eight million Barclaycard clients across the country are going to earn 1% cahsback for purchases made at High Street stores. The new reward programme called...

Pentagone Federal Credit Union Has Removed Foreign Transaction Fees on Travel Cards

Wed, 17 Mar 2010 13:00:29 +0000

Pentagone Federal Credit Union has announced that its Premium Travel Rewards American Express(R) Card will no longer have any foreign transaction fees. This...

The Government is Taking Measures to End Rip-Off Balance Transfer Deals

Wed, 17 Mar 2010 12:27:56 +0000

It seems like the days of 0% balance transfer credit card deals are coming to an end. Prime Minister Gordon Brown has declared that the government is going to...

Women are more money-smart than men

Tue, 16 Mar 2010 19:58:46 +0000

Recent research from Lovemoney has shown that women are better at debt management as compared to men. Women make credit card payments regularly and try...

Remortgage Activity Is on the Rise, According to John Charcol Index

Mon, 15 Mar 2010 10:25:26 +0000

The latest John Charcol Index shows that remortgages accounted for more than 50% of mortgages in the first two months of 2010. The figures suggest a revival in...

Stonehaven, Equity Release Provider Suspends New Lending

Mon, 15 Mar 2010 06:32:57 +0000

Stonehaven, Equity Release Provider has posted a message on its website saying that all new lending has been temporarily suspended. The company has been...

Commercial Mortgages Are Among the Loans with the Lowest Delinquency Rate

Sun, 14 Mar 2010 19:06:54 +0000

The Mortgage Bankers Association has announced their findings on delinquency rate on loans in the United States. Amazingly enough, commercial mortgages...

Figures from FSA Reveal High Default Rate for Buy-to-Let Mortgages

Sun, 14 Mar 2010 18:40:34 +0000

The Financial Services Authority (FSA) has published the data on the level of arrears on high LTV buy-to-let mortgages. Figures from 10 major lenders have been...

AA Financial Services Announces the Perfect Time for Car Trade-in

Sun, 14 Mar 2010 17:34:19 +0000

The director of AA Financial Services Mark Haggins believes that now it is the best time for trading in an old vehicle for those who a planning to purchase a...

Bank Manager Fraudulently Persuaded Customers to Take Consolidation Loans

Sun, 14 Mar 2010 10:14:53 +0000

A 36-year-old bank manager Jason Benham is in court for fraudulently making ‘financially naïve’ clients take consolidation loans. Five Lloyds...

UK Universities Support the Idea of Cutting Student Loans for Middle-Class Families

Sat, 13 Mar 2010 16:05:35 +0000

British middle-class families are about to lose the opportunity to receive subsidised student loans for their children. More leading universities express their...

Homeowners Will Be Offered Loans to Make Their Homes Environment Friendly

Sat, 13 Mar 2010 16:04:17 +0000

The Government is planning to provide homeowners with special ‘green loans’. They will be tied to a particular piece of property and should be...

AMI Supports Stamp Duty Threshold Increase to Make Loans More Obtainable

Sat, 13 Mar 2010 16:00:27 +0000

The Association of Mortgage Intermediaries that represents the community of mortgage intermediaries worldwide has supported the plans to increase the stamp...

Coventry and Stroud and Swindon are on the Threshold of a Merger Deal

Thu, 11 Mar 2010 16:16:43 +0000

Coventry which is considered to be the third largest building society in the United Kingdom has revealed its plans to merge with a smaller competitor Stroud...

Students Encouraged to Turn to Bank Accounts and Debit Cards

Fri, 26 Feb 2010 12:53:59 +0000

The new law, which entered into force in the United States, prohibits the issuance of credit cards to those under 21.

Barclays to Increase Interest Rates on Current Accounts

Fri, 19 Feb 2010 12:21:15 +0000

Barclays plans to introduce higher overdraft charges on basic and premium current accounts.

US Residential Mortgage Applications Fall by 2.1%

Fri, 19 Feb 2010 11:21:27 +0000

MBA survey showed a 2.1% fall in the number of residential mortgage applications filed in the 3rd week of February.

UK Borrowers Urged to Avoid Store Cards

Wed, 03 Feb 2010 12:11:23 +0000

A recent research carried out by an online financial website Money Expert suggests that UK shoppers risk facing incredibly high interest rates of up to 25% in case they do not pay off their bills on store cards immediately.

Abbey’s Customers Face Payment Delays

Wed, 03 Feb 2010 12:08:30 +0000

A misfortunate technical error at Abbey, a Spanish-based lender, affected thousands of its customers and the bank was unable to process payments.

Mortgage Borrowers Recommended to Consider Savings Accounts

Wed, 03 Feb 2010 12:03:55 +0000

The Times Money recently published an article, which recommends UK mortgage borrowers to critically access their decisions associated with mortgage overpayments.

Travelers Recommended to Avoid Credit Cards During Christmas Holidays

Wed, 03 Feb 2010 12:03:25 +0000

According to an article published by Fair Investment, a UK online financial services company, UK credit holders should carefully choose credit cards when going away for Christmas holidays if they wish to avoid huge credit card charges.

UK Mortgage Borrowers Are Better Off in 2009

Wed, 03 Feb 2010 12:02:02 +0000

According to the information revealed in the Quarterly Bulletin published by the Bank of England, UK mortgage borrowers are better off in 2009 than last year.

UK Savers See Fixed Deals Becoming Less Attractive

Wed, 03 Feb 2010 12:01:01 +0000

British savers, whose fixed savings deals are about to mature, have been warned that they might soon lose money as banks and building societies either reduce savings rate or withdraw the best available accounts.

Contactless Credit Cards Issued by Barclays and Barclaycard News

Wed, 03 Feb 2010 11:51:22 +0000

On December 10th, Barclays and Barclaycard Credit Cards announced issuance of 5,000,000 contactless credit cards in the UK.

Secured Loans' Interest Rates Fall in January

Tue, 26 Jan 2010 11:09:51 +0000

Experts believe that secured loans are a good way of repairing one’s poor credit history.

Abnormal Weather Conditions Might Lead to Increased Debt Management Inquiries

Sun, 24 Jan 2010 10:48:55 +0000

Financial experts believe that overheating of properties might result in an increase of debt management inquiries.

Credit Card Holders Are Expected to Apply for IVAs

Sat, 23 Jan 2010 10:47:54 +0000

More credit card holders are expected to apply for IVAs as the interest rates hit the 12-year high.

HSBC Launches New Premium Current Account

Fri, 22 Jan 2010 10:45:59 +0000

The newly launched HSBC premium current account offers the bank’s clients a wide range of benefits.

ISAs Are Most Popular With Females and Youngsters

Thu, 21 Jan 2010 10:43:22 +0000

Halifax research showed that the proportion of men and youngsters signing up for ISAs has grown the fastest in 9 years.

Barclaycard Upgrades Its Platinum Credit Card Features

Tue, 19 Jan 2010 10:40:36 +0000

Holders of Barclaycard platinum credit cards are now offered a number of advantages by the bank.

British and American Businesses Obliged to Use Credit Cards

Mon, 18 Jan 2010 10:39:45 +0000

Several surveys showed that UK and American businesses have to turn to credit cards for financing.

Balance Transfer Credit Card System Has to Be Reformed

Sun, 17 Jan 2010 10:38:00 +0000

Cambridge researchers are determined that the current balance credit card system is totally flawed.

UK Remortgage Market Declined by 50% Last Year

Sat, 16 Jan 2010 10:36:18 +0000

Estimations of UK property market experts suggest that the sector of remortgages fell almost by half in 2009.

Yorkshire Building Society Announces New Mortgage Deals for First-time Buyers

Fri, 15 Jan 2010 10:35:00 +0000

UK first-time buyers are recommended to benefit from new low-cost mortgages offered by the Yorkshire Building Society.

Equity Release Providers to Enter the Sale and Rent Back Market

Thu, 14 Jan 2010 10:34:17 +0000

Experts believe that equity release providers will soon turn to the SRB market.

Leading Commercial Property Lenders Are Optimistic about the Industry’s Prospects

Wed, 13 Jan 2010 10:32:50 +0000

New commercial mortgages are being originated despite the fact that lenders remain cautious.

The Mortgage Works Launches Totally New Buy to Let Deals

Tue, 12 Jan 2010 10:32:00 +0000

UK buy to let landlords are encouraged to benefit from absolutely new mortgage deals launched by the Mortgage Works.

The Student Loans Company to Dismiss 150 Workers

Mon, 11 Jan 2010 10:31:02 +0000

The Student Loans Company announced its plans to cut 150 jobs in the near future.

UK Buyers to Pay Special Attention to Car Loans This Spring

Sun, 10 Jan 2010 10:29:49 +0000

The British market of second-hand cars is expected to boost this spring.

UK Financials Ltd. Launches New “Debt Consolidation” Plan

Sat, 09 Jan 2010 10:18:52 +0000

Struggling borrowers encouraged to consider applying for a consolidation loan.

“UK Secured Personal Loans 2008” Report Published by Bharatbook

Fri, 08 Jan 2010 12:05:49 +0000

Those interested in the performance of UK secured loans’ market are recommended to purchase a new research work by Bharatbook.