The majority of British homeowners expect to face increased mortgage repayment demands when their current home loan deal expires, according to recent research. In fact, figures compiled by Lloyds TSB suggest that more than 70 per cent of homeowners in…
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The outlook for the UK’s economy has been described as “highly uncertain” by the governor of the Bank of England Mervyn King. Speaking at a recent Treasury select committee, Mr King suggested that a range of factors, including rising food…
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Consumers across the UK have been warned to plan carefully how much they will spend on their credit cards over Christmas. Samantha Owens, head of personal finance at Moneyfacts, suggests that shoppers who are not sensible about they spend over…
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The fall in the number of mortgage deals agreed in October could mean that the Bank of England will opt to reduce the base rate of interest next month, it has been suggested. Simon Rubinsohn, chief economist at the Royal…
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A major increase in the amount of money spent online has been forecast for next month by the UK’s payment association Apacs. The organisation is convinced that some £5 billion will be spent via the internet over the course of…
More than 10,000 young Britons are now getting to grips with a range of consumer finance issues by taking lessons in the growing academic field, it has been revealed. The ifs School of Finance has proudly announced that progress is…
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More than ten million British credit consumers have admitted that their personal loan and credit card debts are nearly or actually unmanageable. Figures from uSwitch.com show that almost a quarter of all British adults are fearful of their financial future…
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Would-be homebuyers and people looking to remortgage in the UK have been urged to assess all aspects of a home loan deal before committing to a particular arrangement. A recent study by Moneysupermarket.com concludes that almost three-quarters of all homeowners…
Continue reading the "Homebuyers urged to assess “real” costs of mortgage deals" »
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