News Archive : 27th February, 2008
- Sainsbury's: 4m plan balance transfers
A massive rate of balance transfers on credit cards over the next six months has been predicted by Sainsbury's Bank. (27 02 2008 04:45) - PayPal: We're number one
PayPal is celebrating the creation of its 20 millionth UK account, it announced yesterday. (27 02 2008 04:45) - Trackers will grow in popularity, website predicts
Tracker mortgages are becoming a more attractive option due to analysts' predictions of falling interest rates, financial website moneysupermarket.com said yesterday. (27 02 2008 04:45) - Apacs releases cheque clearing guide
Guidance on how to safely use cheques was issued yesterday by payments association Apacs. (27 02 2008 04:30) - New 'solar' mortgage launched
An innovative new mortgage product has been launched - potentially pointing to future trends in the sector. (27 02 2008 04:30) - Hometrack: Prices fall, but demand grows
House prices in England and Wales have fallen by 0.2 per cent during February, according to research from Hometrack. (27 02 2008 04:30) - Remortgaging 'drives up sector's overall performance'
Mortgage approvals increased significantly last month, the British Bankers' Association (BBA) has announced. (27 02 2008 04:30) - Post Office mortgage trials: Rate cut announced
The Post Office has demonstrated increasing commitment to pricing its mortgages competitively by announcing a further cut to its on-trial fixed rate products. (27 02 2008 04:30) - Earthquake hits UK
UK homes were hit in the early hours of this morning by the biggest earthquake in decades. (27 02 2008 04:30) - AA gives advice on car insurance
Drivers planning on using their motors abroad should always pre-warn their insurer of their trip, in order to avoid being left out of pocket. (27 02 2008 04:30) - IMLA hails buy-to-let report
The Intermediary Mortgage Lenders Association (IMLA) has welcomed news that the buy-to-let sector remains strong in the UK. (27 02 2008 04:30) - Credit Action: Don't use cards to pay off your mortgage
Financially-stretched consumers will struggle to pay off their debts in months to come due to rising inflation, charity Credit Action said yesterday. (27 02 2008 10:45) - Egg to be probed by MP
A Labour MP has said that credit card firm Egg must apologise to some of its customers, who recently had their cards cancelled. (27 02 2008 10:45) - Bank of England economist warns of 'largest-ever' crisis
The deputy governor of the Bank of England has said that Britain is facing its biggest financial crisis in decades. (27 02 2008 10:45) - Fool.co.uk: Property purchase 'impossible' for singletons
Current market conditions make it impossible for a single person on an average wage to take out a mortgage, Fool.co.uk said yesterday. (27 02 2008 10:30) - Moneyfacts.co.uk issues accounts advice
Packaged bank accounts might not offer such good value as it initially seems, analysts at Moneyfacts.co.uk suggest. (27 02 2008 10:30) - Councils call for homeowners with asbestos fears
Exposure to the deadly mineral asbestos ranks among the worst fears of many homeowners. (27 02 2008 10:30) - Direct Line 'offering capped premiums'
New customers to Direct Line will have their premiums renewals in 12 months time frozen, the car insurance firm said yesterday. (27 02 2008 10:30) - Economist: Interest rates might go to 4%
Interest rates will drop as low as four per cent, making personal loan repayments cheaper, analysts from Capital Economics suggested yesterday. (27 02 2008 10:30) - New car dealership survey released
People choose their used car dealership on the basis of it supplying exactly the car they want over any other factor. (27 02 2008 10:30)
