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Loans UK news (page 10):

UK-loans-rates-still-increasingUK loans rates 'still increasing'
11th October 2008
Those looking to get a loan in the UK may find that they are still paying more as rates are continuing to rise.

There are now only seven providers in the UK offering loans with a rate of less that eight per cent, Moneyfacts says.

People wanting to borrow smaller amounts are seeing ...
717 views | 0 comments


Bank-of-England-cuts-base-ratesBank of England cuts base rates
10th October 2008
The Bank of England announced that it is cutting the official bank rate paid on commercial reserves yesterday.

Ahead of schedule, the monetary policy committee made a cut of 0.5 per cent, taking the rate in the UK from five to 4.5 per cent.

However, it also warned that inflation wa...
837 views | 0 comments


Survey-reveals-who-Brits-blame-for-credit-crunchSurvey reveals who Brits blame for credit crunch
9th October 2008
A new survey has revealed who Britons think is most to blame for the credit crunch and global financial crisis.

Research by Munro Global found that 21 per cent of the public thought that world governments were to blame while 37 per cent blamed the economic downturn on the global finance ser...
673 views | 0 comments


Britons-urged-to-make-adequate-pension-plansBritons urged to make adequate pension plans
9th October 2008
Consumers in Briton have been advised to make sufficient pension provisions in order to enjoy a comfortable retirement.

Killik & Co argued the value of the state pension has been eroded in recent decades, while Britain is also seeing the end of generous final salary pension schemes from...
745 views | 0 comments


August-sees-further-drop-in-mortgage-lendingAugust sees 'further drop in mortgage lending'
30th September 2008
The UK has seen the number of mortgages approved for new house purchases fall to a new low, the Bank of England says.

In August official figures reveal that the number of approved mortgages was 32,000, 70 per cent fewer than the same time last year.

Although August is traditionally...
1319 views | 0 comments


LifeSearch-What-to-look-for-from-life-insurance-brokersLifeSearch: What to look for from life insurance brokers
27th September 2008
A company has recommended ways in which people can ensure they are getting quality cover from their life insurance broker.

LifeSearch suggests that customers should ask how the broker will help them or their family members to process a claim if one is made and if they would fight on their b...
1337 views | 0 comments


Credit-crunch-is-not-likely-to-be-over-soonCredit crunch is 'not likely to be over soon'
25th September 2008
Food and fuel costs are eventually likely to fall as people can no longer afford to buy them, an economist at Defaqto has predicted.

According to Michael Baxter this means that although the UK's economy will recover this is not likely to happen until 2010.

Mr Baxter said that as pr...
1245 views | 0 comments


First-time-buyers-struggle-to-save-for-homesFirst-time buyers 'struggle to save for homes'
24th September 2008
First-time buyers are finding it difficult to get on to the property market as the average person thinks they need £19,100 saved to buy a home, research has revealed.

A survey by The Co-operative Bank and Places for People shows that of 1,500 people asked, most said it would take them ...
642 views | 0 comments


Rising-prices-could-mean-negative-inflationRising prices 'could mean negative inflation'
23rd September 2008
The prices of mortgage fees are contributing to an economic situation which could see the UK go into negative inflation next year, Defaqto says.

According to the Confederation of British Industry, inflation rates are set to peak at 4.8 per cent this quarter. However, it is predicted that th...
809 views | 0 comments


Which-warns-people-to-get-advice-on-insuranceWhich? warns people to get advice on insurance
23rd September 2008
People have been told to seek advice from experts before taking out insurance on other financial products.

According to Which?, consumers need to ensure they are protecting all of their finances instead of taking out credit card price protection insurance (PPI) to cover one debt.

R...
787 views | 0 comments


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