The savings market is inadvertently helping borrowers as it is promoting greater mortgage lending, an industry expert has said. Quoting Moneyfacts 7, which revealed that banks and building societies are offering rates of five per cent or more, Ray Boulger…

The sell-off of Northern Rock, which looks set to occur following acceptance of restructuring plans by the European Commission, has been applauded as being “good for consumers”. So the head of personal finance at lovemoney.com Ed Bowsher has said, observing…

Borrowers are turning away from fixed-rate mortgages because they think they are too expensive, it has been suggested. Responding to figures from John Charcol revealing that such products declined in popularity in September – with variable rates covering almost two-thirds…

The proposed changes to the pension credit system, due to come in on November 2nd, may be of some assistance to those aged 60 and over who are eligible for pension credit, according to equity release specialist Key Retirement Solutions.…

Homeowners are more afraid of being victims of a break-in, spending on average £1,266 on security, despite the fact that the majority of mortgage payments go unprotected. These are just some of the results from a new survey by LV=,…

The government and the energy sector, as well as other agencies involved in the industry, need to adopt “joined-up thinking” in the fight against fuel poverty, one industry figure has said. Will Marples, energy expert at uSwitch.com, responded to the…

Remortgages grew in popularity last month in relation to other mortgage products, new figures have indicated. Search statistics from moneysupermarket.com showed that while there were more queries about moving home loans than remortgages in August and September, the gap between…

The Monetary Policy Committee (MPC) of the Bank of England has voted to keep Britain’s base interest rate at 0.5 per cent for the eighth consecutive month. In line with industry expectations, the MPC revealed today that it has also…