Home & Money News
18/12/2007 by
The Treasury has agreed to extend its protection of Northern Rock to cover money loaned to the bank by financial institutions.
The move, announced this morning, comes at Northern Rock's request, and has fuelled speculation that...
18/12/2007 by
Borrowers with a fixed-rate mortgage have been most affected by interest rate rises over the past year, research by the Bank of England has shown.
A survey commissioned by the Bank for its final quarterly bulletin of 2007, asked...
18/12/2007 by
Most mortgage lenders have passed on this month's interest rate cut to borrowers, though not all have reduced rates by the full 0.25 percentage points.
Earlier this month, the Bank of England reduced the Bank interest rate from...
17/12/2007 by
The asking price for properties in England and Wales fell by 3.2% in December, according to figures from Rightmove.co.uk.
The property website's House Price Index, which tracks the price asked by home-sellers for their property,...
17/12/2007 by
Pension campaigners are celebrating today, after the government announced a £2.9 billion rescue package.
The money will boost the funds available to workers who lost their pension when their company became insolvent.
Employees...
14/12/2007 by
The amount of money being saved in the UK has risen to a record level, according to National Savings.
The government-owned financial provider's quarterly savings survey reveals that British people saved an average of £91.15 each...
14/12/2007 by
Home Information Packs (HIPs) apply to all properties sold in England and Wales from today.
Under the scheme, which has now been extended to include two-bedroom and smaller properties, anyone putting a home of any size on the...
14/12/2007 by
Energy companies are failing to make their customers aware of their cheaper tariffs, according to comparison website Moneysupermarket.com.
The site says that by switching to their supplier's cheapest gas and electricity plans, an...
13/12/2007 by
House prices in England and Wales have fallen for the fourth consecutive month, according to the Royal Institution of Chartered Surveyors (RICS).
In RICS' November survey of its members, 58% of surveyors reported a fall in prices,...
12/12/2007 by
The leader of the Conservative Party has called on lenders to "step up to the plate" and help borrowers who face a leap in their mortgage rates next year.
It is thought that around 1.4 million borrowers will face a sudden rise in...