News Archive : 27th March, 2008
- Fixed rate deals 'less popular'
The number of borrowers opting for fixed-rate mortgages is decreasing and has dropped seven per cent since December, statistics compiled by The Times newspaper have revealed.
(27
03
2008 05:15)
- Up to extra £600 tax free for Isa customers
Isa account holders will soon be able to save an additional £600 tax free from April.
(27
03
2008 05:15)
- Market is 'stable' say experts
The housing market for first time buyers is "favourable", according to an industry expert.
(27
03
2008 05:15)
- Over half of first time buyers would buy abroad
Eight per cent of British people bought their first homes abroad and 44 per cent may follow them, research has revealed.
(27
03
2008 05:15)
- Needanadviser.com detects loans costs rise
Repayment rates of small unsecured loans have increased in recent months, Needanadviser.com claimed yesterday.
(27
03
2008 04:30)
- ADDIDI warns of 'debt lifestyle'
Britons are living a "debt lifestyle", wealth management service ADDIDI has suggested.
(27
03
2008 04:30)
- haart: Simple changes encourage house buyers
Homeowners looking to sell their property on can get a higher asking price through basic improvements, haart said yesterday.
(27
03
2008 04:30)
- AHIPP: It's early days for Hips
The new home information packs (Hips), introduced for all homebuyers by the government last year, have proved controversial with the general public.
(27
03
2008 04:30)
- Long term fixes 'on the increase'
The number of fixed rate home loans lasting ten years or more is increasing, new research has suggested.
(27
03
2008 04:30)
- Advice given on no-claims 'mirroring'
Drivers should try to pick a car insurance firm that lets them "mirror" their no claims discount in order to save money, Moneysupermarket.com has suggested.
(27
03
2008 04:30)
- BBA commends FSA report
The British Bankers' Association (BBA) has commented on the self-critical review released yesterday by the Financial Services Authority (FSA).
(27
03
2008 04:30)
- Sandwich chain goes contactless
A new milestone in contactless payments - which might eventually see the pre-pay cards replacing cash in many shops - was marked by Barclaycard yesterday.
(27
03
2008 04:30)
- Abbey tracks money worries
Britons spend much of their days worrying about their finances, a new poll from personal loans provider Abbey has shown.
(27
03
2008 04:30)
- N&P: Concentrate on utilities bills when budgeting
Families potentially endangering their loan repayments due to current economic conditions have been given budgeting tips by the Norwich and Peterborough Building Society (N&P).
(27
03
2008 04:30)
- Credit crunch 'hitting small lenders'
Smaller mortgage loans lenders have been hit by the credit crunch, a financial website has pointed out.
(27
03
2008 04:30)
- Majority 'still oppose' congestion charge
London's congestion charge is still widely unpopular among the capital's residents, car insurance provider Admiral has revealed.
(27
03
2008 04:30)
- M&S pants 'still good value'
Marks & Spencer's pants still represent good value for money, consumer group Which? has said.
(27
03
2008 04:30)
- Trisha: I cashed in on my customised motor
Chat show icon Trisha Goddard has revealed a surprising financial secret: she customises her cars and sells them on for a profit.
(27
03
2008 04:30)
- Speed cameras 'becoming more popular'
Speed cameras are becoming more accepted by British motorists, IAM Motoring Trust said yesterday.
(27
03
2008 04:15)
- FSA slammed by MP
A Conservative MP has fiercely criticised the Financial Services Authority (FSA), after the watchdog admitted failures in its previous risk assessments of Northern Rock.
(27
03
2008 04:15)
- 'Save big' by buying cars online
Car buyers - who often secure their purchase with a personal loan - can make big savings by shopping online, retailer Motorpoint claimed yesterday.
(27
03
2008 04:15)
- Halifax addresses consumer debt worries
Paying the bills should be made top priority for people with serious debt worries, Halifax pointed out yesterday.
(27
03
2008 04:15)
- Scottish Widows blames easy credit for debt fears
Young people might face bigger debt worries because of the ease at which they can take out credit cards and personal loans, Scottish Widows has suggested.
(27
03
2008 04:15)
- King hints at rate cut
A cut in interest rates could be on the cards due to current financial turbulence, Mervyn King suggested yesterday.
(27
03
2008 01:15)
- Long term mortgage fixes 'can be cheaper'
Committing to a five year fixed-rate mortgage could save up to £5,500, the Daily Mail reports.
(27
03
2008 01:15)
- Fraud 'costs £20bn per year'
Fraud in the UK is costing £20 billion a year with an impact second only to drug trafficking, according the police.
(27
03
2008 01:15)
- Fuel poverty target warning issued
The government's own 2010 fuel poverty target is looking increasingly out of reach, according to a statement by the Fuel Poverty Advisory Group (FPAG).
(27
03
2008 01:15)
- Competitive mortgages 'still available'
There are still highly competitive mortgage deals available to borrowers despite the present financial circumstances, an analyst has suggested.
(27
03
2008 01:15)
- 'Hidden cost' of BBC's iPlayer for broadband users
The BBC's hugely popular 'free' download service iPlayer can actually carry a hidden cost, Neil Armstrong, marketing director of internet provider PlusNet, told the Daily Mail.
(27
03
2008 10:45)
- Consumers turn to loyalty cards during difficult economic times
Shoppers are increasingly using loyalty cards during the current period of financial instability, the new profit report from the company that owns the Nectar card has suggested.
(27
03
2008 10:45)
- Bank head upbeat on economy
The governor of the Bank of England, Mervyn King, has suggested that interest rates will not be cut drastically in the UK this year due to the credit crunch.
(27
03
2008 10:45)
- Loan options discussed by experts
Anxious parents keen to loan their children money in order to fund the purchase of their first home have received advice from experts at the Daily Mail.
(27
03
2008 10:45)
- Mini drivers 'more sociable'
As well as offering good environmental credentials and an iconic design, car loans borrowers were given another reason to own a Mini this week.
(27
03
2008 10:45)
- Government launches 'tired drivers' campaign
A new government road safety campaign has been launched, starring Shakespeare in Love star Joseph Fiennes.
(27
03
2008 10:45)
