Home & Money News

Posted on 24 January 2008

The number of new mortgage loans made by high street banks fell to a record low in December, figures published today show. Data from the British Bankers' Association (BBA) reveal that banks made 42,088 loans to homebuyers in the...

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Category: Mortgages, Property, Regulation

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Posted on 23 January 2008

Nearly five million people in the UK are living beyond their means, says a study by comparison website uSwitch.com. And many are running up debts – with half of the 4.8 million total relying on an overdraft to fund their...

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Category: Personal finance

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Posted on 23 January 2008

The Bank of England (BoE)'s decision to leave the interest rate unchanged at 5.5% was the result of an 8-1 vote, minutes published today reveal. Only one member of the Bank's Monetary Policy Committee (MPC), David Blanchflower,...

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Category: Mortgages, Personal finance, Regulation

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Posted on 22 January 2008

Mortgage lending dropped by a quarter between November and December last year, the Council of Mortgage Lenders (CML) has revealed. Its monthly release of figures shows that, while overall lending for 2007 was the highest on...

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Category: Mortgages

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Posted on 22 January 2008

The Financial Services Authority (FSA) has been asked by the UK's leading independent insurance body to review the regulation of comparison websites. The British Insurance Brokers' Association (BIBA) has called on the FSA to...

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Category: Personal finance, Regulation

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