Home & Money News
12/12/2007 by
A report critical of the way that mortgage lenders support struggling borrowers has been strongly rebutted by lenders.
Citizens' Advice (CA) examined the case studies of 1,200 people who had approached Citizens Advice bureaux, and...
11/12/2007 by
UK consumers could be facing a financial hangover next year as higher credit charges hit home, analysts have said.
Peter Hahn, a former managing director of banking firm Citigroup, has warned that a continued reluctance among...
11/12/2007 by
Borrowers moved away from fixed-rate mortgages in October in anticipation of an interest rate cut, figures released today suggest.
The Council of Mortgage Lenders (CML) says that the percentage of loans made at a fixed-rate fell...
11/12/2007 by
UK house prices rose by 0.1% in October, according to government figures.
The department of Communities and Local Government says that the average price...
10/12/2007 by
NatWest has denied introducing a charge by stealth for its credit card holders.
From 1 December, customers who are signed up to the bank's Your Points rewards scheme will pay a £3 charge in any month when they spend less than...
07/12/2007 by
The Conservatives have announced a review into house buying in England and Wales, with the aims of speeding up the process and lowering costs and stress.
The review will be lead by Shadow Housing Minister Grant Shapps, with input...
06/12/2007 by
UK mortgage lenders have responded positively to the Bank of England's decision to cut interest rates earlier today.
The Building Societies Association (BSA) said that the cut showed the Bank was aiming to prevent damage to the...
06/12/2007 by
The Bank of England has decided to reduce interest rates today, taking the Bank rate down by 0.25 percentage points to 5.5%.
The news will be welcomed by borrowers, many of whom are facing the prospect of more expensive mortgage...
05/12/2007 by
Raising a deposit is the biggest obstacle for first-time buyers, according to a new survey.
Deposits were ranked the most significant barrier to getting on to the housing ladder, ahead of making monthly mortgage repayments, stamp...
04/12/2007 by
Home-buyers are interested in long-term fixed-rate mortgages, but the government needs to help make them more attractive, new research suggests.
In an online survey of over 2,000 people carried out for the Council for Mortgage...