The costs of gaining some measure of financial security by taking on a fixed-rate mortgage deal are becoming excessive, according to one expert. Francis Ghiloni from mform maintains that the fixed-rate deals currently are the market are being offered at…
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The costs associated with spending via credit card debt are increasing, it has been claimed. According to a report from MoneyFacts.co.uk, the headline interest rates linked to 19 of the leading high street credit card deals have been hiked over…
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The takeover of Alliance & Leicester by the Santander banking group could ultimately lead to a reduction in choice for British borrowers, it has been claimed. According to Pauline McCallion, editor of Your Mortgage, the acquisition deal is likely to…
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Borrowers across Britain have been let down by the Bank of England’s decision to maintain the base rate of interest at five per cent, it has been claimed. Price comparison firm Fool.co.uk has suggested that the bank’s choice to hold…
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Parents around the UK are tightening their lending criteria as the impact of the credit crunch continues to be felt, according to a new report. Axa Insurance insists that millions of mums and dads around the country are getting tougher…
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The Bank of England has opted to maintain the base rate of interest at five per cent after its monetary policy committee met this morning. Many businesses and consumers with debt management problems have been hoping that the bank would…
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Homeowners who are struggling with debt management concerns have been warned about some of the potential pitfalls associated with sale and rent back schemes. The price comparison firm Fool.co.uk has suggested that more than a quarter of British homeowners believe…
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The National Association of Estate Agents (NAEA) is hoping for reductions in the base rate of interest. According to the organisation, when it comes to setting interest rates, the Bank of England should act in a way that does not…
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