People may be having trouble obtaining finance for a home because there is not enough competition between providers, one expert has suggested. Director of the Association of Mortgage Intermediaries (AMI) Robert Sinclair called current conditions in which a small number…

Credit card firms that are guiding people towards retailers when making insurance claims are misleading them, one expert has said. Senior researcher Martyn Saville at consumer help agency Which? said that customers have an equal right to demand a payout…

Mortgage owners struggling to make payments on their houses may be the victims of irresponsible lending and other discrepancies, recent research has suggested. The Financial Services Agency (FSA) referred four specialist providers and third-party administrators (TPAs) for further investigation after…

Consumers should question any credit card rate increases they are subjected to by lenders, one consumer body has suggested. Senior researcher at charity Which? Martyn Saville stated that customers can ask to cancel a card if their credit card company…

New regulation that is set to be brought in for companies that offer sale and rent-back schemes has been welcomed by Citizens Advice. The charity said that it has seen several cases in which people signed up to the schemes…

The UK’s base interest rate will be held at 0.5 per cent when the Bank of England’s Monetary Policy Committee (MPC) meets to debate the number this week. At least this is according to a panel of three experts, who…

The number of remortgaging approvals was down by 235 in April compared to March, figures from the Bank of England have shown. A total of 31,800 remortgages were granted during the month, the lowest number of 2009 so far and…

Spanish banking giant Santander is to give all of its UK subsidiaries its global brand name from the first quarter of 2010. Bradford & Bingley savings, Alliance & Leicester and Abbey will all become known as Santander under the initiative,…