Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more
This week, I’ve received a letter which indicates that indicates some 16 years after starting university, I have almost repaid my student loan.
Sir David Amess has written to Economic Secretary to the Treasury John Glen ‘expressing concerns’ over reports that many poor families could be forced to resort to using illegal loan sharks.
First-time buyers who watched in dismay last year as high loan-to-value mortgages all but disappeared now have something to celebrate By Sarah Bridge, Financial Mail on Sunday Published: 21:51 BST, 15 May 2021 | Updated: 21:51 BST, 15 May 2021 Wannabe first-time buyers who watched in dismay last year as high loan-to-value mortgages all but … Read more
My parents need to move into a property that is on one level and easy to maintain. They have found the perfect place, but it comes in at £75,000 above their budget and the vendor will only sell to cash buyers. My parents’ property is not yet on the market. I would like to help … Read more
My parents need to move into a property that is on one level and easy to maintain. They have found the perfect place, but it comes in at £75,000 above their budget and the vendor will only sell to cash buyers. My parents’ property is not yet on the market. I would like to help … Read more
Applying for a loan? Avoid midday! Applications processed around 12pm are more likely to be rejected as bankers suffer from ‘decision fatigue’ Researchers studied the decisions made by 30 bank credit officers over a month Specifically, they looked at 26,501 loan repayment restructuring requests Decision fatigue is caused by making too many difficult choices in a … Read more
Provident to dump doorstep loans arm: Move will drive desperate borrowers into hands of loan sharks, experts warn Pulling down the shutters will send shockwaves through the sub-prime industry, which provides loans to people with patchy credit histories Doorstep loans are where a lender calls at the borrower’s home to collect repayments, usually at high … Read more
Those looking to borrow to fund home improvements might not be able to take advantage of an interest-free advance from Conservative Party HQ, but they can benefit from a recent fall in loan rates. Despite the ongoing pandemic, banks and other lenders have cut borrowing rates since January, with lower-value of loans of between £5,000 … Read more
Is the mortgage price war back? There’s a deal at LESS than 1% and new 95% loans for first-time buyers… but borrowers still face a grilling Hinckley & Rugby BS will launch a two-year discount variable mortgage at 0.99% Meanwhile, a raft of state-backed 95% mortgages went live on Monday Experts say the surge in … Read more