In a recent announcement the Internet arm of HSBC bank stated that it would be restricting its mortgage lending activities by no longer offering mortgages to those that are not customers of the bank already. Customers of first direct will still be able to access mortgages from the lender even if they do not currently […]

According to a recent report the well known broker, John Charcol, could be facing immense future difficulties, which could see it losing the ability to continue operating. The broker’s own auditor has warned the firm that it faces ‘material uncertainty’ over its future. This comes at a time when many lenders and brokers in the […]

Homeowners, many of whom are already struggling to try and keep up with mortgage repayments despite the recent interest rate cuts, are facing a real struggle when it comes to coping with their finances according to a recent report, with many expecting to face difficulties in coping financially due to strained household finances. The report […]

Despite the two most recent Bank of England interest rate cuts the interest charged on personal loans in the UK is continuing to rise, leaving many potential borrowers facing huge costs relating to their borrowing, The rates on personal loans have been rising for some time, and as a result of the credit crunch many […]

Recent reports have shown that the loans market continues to suffer as a result of the global credit crunch, with rates on personal loans continuing to soar despite base rate cuts, and with the number of sub-prime mortgages available on the market falling rapidly. According to industry officials the number of lenders offering sub-prime mortgages […]

Finding the right loan these days isn’t always difficult because there are so many different loan products available to suit a wide range of needs and circumstances. However, it is important to bear in mind the importance of choosing the right loan product. It is all too easy to rush into taking out finance without […]

Secured loans have become an effective and affordable way for homeowners to raise finance, and the increase in property values over the past few years has given homeowners in the UK more financial leverage to raise money by way of a secured loan. Secured loans offer a range of benefits, such as increased borrowing power […]