News Archive : 3rd March, 2008
- Decline of 100% loans disappoints mortgage expert
The mass withdrawal of 100 per cent home loans from the high street represents "yet another door closed" for UK first time buyers, financial website moneysupermarket.com has claimed.
(03
03
2008 02:30)
- 100% loans 'not that popular', Firstrung says
Deposit-free, or 100 per cent, mortgage are a "niche product" - meaning that their withdrawals by high street lenders will not make much difference to the market, it has been claimed.
(03
03
2008 02:30)
- L&G: We're feeling the pinch
British consumers are beginning to feel the effects of the apparently slowing economy.
(03
03
2008 02:30)
- John Charcol comments on LTV drops
Moves by lenders to reduce their maximum loan to value (LTV) ratios have been commented on by brokers John Charcol.
(03
03
2008 02:30)
- Report: Army personnel have credit difficulties
Soldiers returning from serving in Iraq and Afghanistan are having a hard time in securing a home loan on the high street, it has been suggested.
(03
03
2008 02:30)
- Nationwide admits to cash machine blunder
A current accounts error, which saw many customers of the Northern Bank withdraw funds which were not debited for, has resulted in around £375,000 of misplaced funds.
(03
03
2008 02:30)
- Water rates 'increase above inflation'
Customers are to face above-inflation rises in water bills next month, regulator Ofwat has announced.
(03
03
2008 02:30)
- Government seeks home insurance update
The government minister for flood recovery has met with home insurance firms in order to check that homeowners affected by the extreme weather are not facing unfair charges.
(03
03
2008 02:30)
- Consumer confidence 'drops further'
A further drop in consumer confidence has been marked by life insurance firm Standard Life.
(03
03
2008 02:30)
- A&L launches '10% ISA'
Alliance & Leicester has announced further details of its new high-interest 'super ISA'.
(03
03
2008 02:30)
- Councils told to make parking fairer
Parking fees and fines from local authorities must become both easier to understand and more fair, the government has said.
(03
03
2008 10:45)
- Counterfeit goods 'can be dangerous'
Consumers enjoying the increasingly popular pastime of internet shopping should refuse to buy counterfeits, the Anti-Counterfeiting Group have warned.
(03
03
2008 10:45)
- LifeSearch: Ditch the smokes and save money
Cutting down on or giving up cigarettes bring major financial benefits for smokers, LifeSearch has pointed out.
(03
03
2008 10:45)
- Brits dream of 'eye-catching' cars
Markedly different attitudes to their cars between men and women have been noted by financial website Fool.co.uk.
(03
03
2008 10:45)
- Household bills 'on the rise'
Costs of mortgage and loan repayments, tax and utility bills average out at over £40 per day for British families, a new study from Citizens Advice has shown.
(03
03
2008 10:45)
- Banks blamed for financial crisis
Financial regulators have been criticised in a new report on the financial crisis, which caused a credit crunch and turbulence on the global money markets.
(03
03
2008 10:45)
- Car bargain advice offered by experts
Advice for picking up the best value-for-money new car - a purchase often paid for via a personal loan or car loan - has been given by the Guardian newspaper.
(03
03
2008 10:45)
- Government reveals revamped home loans scheme
The government has unveiled its new loans scheme to help people on low incomes get on the property ladder, the Guardian reports.
(03
03
2008 10:45)
- HSBC hit by bad loans write-offs
Exposure to the collapsed US home loans market has hit profits at one of the world's largest banks, HSBC.
(03
03
2008 10:45)
