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Archived 2010-07 news (page 2):

FSA-bans-fast-track-mortgagesMortgages: FSA bans fast track mortgages
15th July 2010
The Financial Services Authority (FSA) has banned fast track mortgages in order to make mortgage lending a more responsible transaction.

FSA is pushin...
759 views | 0 comments


Reductions-in-discounted-mortgages-is-a-good-sign-Mortgages: Reductions in discounted mortgages is 'a good sign'
14th July 2010
Mortgages available at a discounted price are on their way out, noted an industry expert.

Catherine Hearnden, director of MyMortgageDirect, welcomed this changing trend. She pointed out that the reduction of discounted ra...
1553 views | 0 comments


Speed-cameras-produce-£873m-in-driving-finesCar Insurance UK: Speed cameras produce £87.3m in driving fines
13th July 2010
A new report has sought to demonstrate that speed cameras have done more increase car insurance customers' road costs than improve safety.

Fines raised from speed cameras totalled £87.3 million for 2008-09, according to the TaxPayers' Alliance and the Drivers' Alliance report.
438 views | 0 comments


First-time-buyers-struggling-with-high-LTV-mortgagesMortgages: First-time buyers 'struggling with high LTV mortgages'
10th July 2010
Many first-time buyers trying to get on the property ladder are still finding it difficult to obtain high loan-to-value (LTV) mortgages, an expert has hig...
643 views | 0 comments


Home-insurance-must-be-chosen-wiselyHome Insurance UK: Home insurance must be chosen wisely
10th July 2010
People need to make sure they select a home insurance policy that best suits the needs of their property, an expert has highlighted. Graeme Trudgill, technical and corporate affairs executive at the British Insurance Brokers Association (Biba), emphasised that some people may have good reason not to...
610 views | 0 comments


Travel-insurance-an-essential-part-of-going-awayTravel Insurance UK: Travel insurance an essential part of going away
10th July 2010
People need to make sure they take out travel insurance, no matter how long they go away for. This is the advice issued by Sean Tipton a spokesperson for Abta - The Travel Association, who described anyone going away without cover as "incredibly foolish".

Each travel insurance pol...
605 views | 0 comments


Could-black-boxes-discourage-car-insurance-evadersCar Insurance UK: Could black boxes discourage car insurance evaders?
7th July 2010
Placing black box recorders in cars may have a positive impact on reducing the number of people driving without car insurance, it has been suggested. Neil Greig, Director of Policy and Research at the Institute of Advanced Motorists (IAM), said that research still needs to be conducted into the prop...
540 views | 0 comments


Does-your-travel-insurance-cover-scheduled-airline-failureTravel Insurance UK: Does your travel insurance cover scheduled airline failure?
6th July 2010
It is essential for people to check their travel insurance policies, as they may not be protected against scheduled airline failure, Defaqto has warned. The independent research company conducted an assessment of the travel insurance market and discovered more than three-quarters (77 per cent) of po...
729 views | 0 comments


Car-insurance-may-not-cover-courtesy-carsCar Insurance UK: Car insurance may not cover courtesy cars
3rd July 2010
People may find their car insurance policies do not provide a replacement car if theirs is lost or stolen, findings from independent research company Defaqto have found.

Its assessment of the car insurance market found 49 per cent of policies will not provide a courtesy car and only 23 per...
606 views | 0 comments


Mortgage-approvals-are-on-the-decline-says-an-expertMortgages: Mortgage approvals are on the decline, says an expert
2nd July 2010
The number of mortgage approvals is likely to drop and remain constant for the rest of the year, predicted an industry expert.

However, Timothy Lambert, head of consulting at Ducalian, said this was an expected developmen...
575 views | 0 comments


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