MoneyExpert.com has warned UK consumers that they could face significantly high fees for switching their credit card debts from one provider to another. According to the price comparison firm, the numbers of deals that allow consumers to switch their providers…
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Mortgage providers are looking to avoid any “additional risks” and have all pulled out of the 125 per cent loan-to-value (LTV) market, according to a new report. Since the advent of the so-called credit crunch, companies have been increasingly reluctant…
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Many of the UK’s leading mortgage lenders have announced their intention to reduce the interest levels on their standard variable rate (SVR) deals, according to a report from Moneyfacts.co.uk. The price comparison firm has made clear that 57 lenders around…
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The base rate of interest in the UK will fall further over the course of the next few months, one expert has asserted. Howard Archer, chief UK and European economist at Global Insight, has predicted that the headline cost of…
Homeowners need to take action quickly if they are to deal with the “twin threat” of falling house prices and rising repayment demands, it has been claimed. David Kuo, head of personal finance at Fool.co.uk, has insisted that people facing…
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British homeowners are confused about what kind of mortgage arrangement will suit them best when their currently deal expires, according to recent research. Figures from Abbey Mortgages have shown that around two-thirds of all the people it polled would be…
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The government has been accused of being complacent about the state of the UK’s housing market as the rate of repossessions is expected to increase considerably. Many thousands of families are faced with the threat of repossession and the Liberal…
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The various bodies charged with the responsibility of overseeing the banking process in the UK appear to be failing consumers, it has been claimed. With millions of people around the country struggling to become debt free, David Kuo, head of…
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