August 2008 - In the News
Unsecured Loans - UK 'great for couples'
British couples make up the biggest travelling group going on UK breaks, it has been noted.
In news that may be of interest to those seeking unsecured loans to fund a domestic getaway, Elliott ... More
New Mortgages - Save the planet or save the wallet?
The public are still more concerned about saving money than they are about preserving the planet, it has been claimed.
In news that may be of interest to new mortgage customers, rising fuel prices ... More
Unsecured Loans - Inflation proving barrier to interest cut
It is likely that interest rates will be lowered once the economy has passed the current "spike of inflation", one sector commentator has suggested.
With news that may be of interest to those seeking More
Credit Cards - Worries over rising living costs
The public is "very worried" about the rising cost of living, it has been asserted.
However, in news that may be of interest to credit card customers, Keith Haggart, director of lifetime ... More
New Mortgages - Women 'not shaken' by property decline
Women in the UK have proven to be less shaken by falling house prices than their male counterparts, new research has suggested.
In news that may be of interest to people looking for a new mortgage,... More
Credit Cards - People 'able to choose sustainable transport'
Britons are now able to choose more sustainable levels of transport, it has been claimed.
In news that may be of interest to credit card customers, John Torrance, campaigns director for Campaign for ... More
New Mortgages - Property valuations 'reflect any market softening'
Valuations on UK property reflect a softening of the market, but equity releases still remain viable, it has been claimed.
In news that may be of interest to people seeking a new mortgage, Keith ... More
Unsecured Loans - Cut to interest rate predicted
It is likely that the Bank of England will make its first reduction to the current interest rate in the latter quarter of this year, it has been claimed.
With news that may be of interest to those seeking More
Credit Cards - Back-to-basics during crunch time
British shoppers are getting back to basics as the credit crunch continues to bite, it has been claimed.
In news that may be of interest to those with a credit card, research conducted by the ... More
Unsecured Loans - Brits 'more able' to work abroad
Britons are becoming better at adapting to life working or retiring in a foreign country, it has been claimed.
In news that may be of interest to those seeking unsecured loans to fund such a ... More
Unsecured Loans - Parties rocking the purse strings
Teenage parties are responsible for causing a total of £16.8 million worth of damage to their parents' homes every year, it has been noted.
In news that may be of interest to those seeking More
New Mortgages - Choose a home, not a "sexy investment"
Buyers have been advised that they should see a new property as a home rather than a "sexy investment" as buy-to-let accommodation was a "passing phase".
This is the opinion of Paul Holmes, chief executive officer of Firstrung, who added that the phenomena only really ... More
Unsecured Loans - A spell for disappearing cash
Those wanting to be the next Harry Potter or Wayne Rooney are putting an increased amount of pressure on their parents' purse strings, it has been claimed.
In news that may be of interest to those seeking More
Credit Cards - Dogs "do not need extra treats"
Dog owners should treat their pets during the day by offering them a small handful of their normal food, one sector commentator has suggested.
John Bower, former president of the British Veterinary Association, also recommended that Britons do not spoil their pooches.
With advice... More
Unsecured Loans - Disposable income 'drops'
Disposable income in the UK has fallen for the first time since 1997, with households now £2,500 worse off than they were this time last year, it has been claimed.
In news that may be of interest to those seeking More
Unsecured Loans - Credit crunch 'not hitting holiday plans'
Three-quarters of the UK population will not be cancelling their holiday plans, despite the ongoing credit crunch, it has been revealed.
In news that may be of interest to those seeking unsecured ... More
Unsecured Loans - Love on the beach
Almost one in ten (nine per cent) holiday romances lead to eventual wedding bells, it has been revealed.
In news that may be of interest to those considering unsecured loans to fund their ... More
Unsecured Loans - Government 'blamed for high energy costs'
The British public are blaming the government for the rise in energy costs, it has been asserted.
In news that may be of interest to those seeking unsecured loans, Saga Home Insurance has ... More
Credit Cards - Holidaymakers "complacent" about credit cards
Holidaymakers that jet off abroad for their vacation "are often complacent" with their debit and credit card when on a break, it has been claimed.
Kerry D'Souza, plastic fraud expert from ... More
New Mortgages - Credit crunch 'still not normalised'
A year on from the start of the credit crunch, global financial institutions have yet to "normalise", it has been claimed.
In news that may be of interest to those seeking a new mortgage,... More
Credit Cards - Money worries 'keeping people off the roads'
Financial concerns and poor weather conditions are keeping drivers off the roads this August bank holiday, it has been suggested.
In news that may be of interest to those seeking a new credit card, ... More
Unsecured Loans - Graduates bring home 'more than washing'
Recent university graduates are bringing home more than just their washing, it has been noted.
In news that may be of interest to those looking for unsecured loans, Virgin Money has urged ... More
Homeowner Loans - Different factors 'bring financial worries'
A number of different factors, including those about their children's education and saving for retirement, bring financial worries for parents, it has been claimed.
According to Anna Sofat, a director at Addidi Wealth, there are a number of different factors that bring concerns to ... More
New Mortgages - Housing market 'should be left alone'
The housing market should be left to realign itself without interference from the government, it has been noted.
Although there have rumblings from the government that changes could be made to the sector in order to help improve affordability, such actions are not needed, Paul Holmes, the... More
Credit Cards - Credit card 'can offer protection'
Consumers who use a credit card to purchase tickets online could be ensuring that they are protected from cyber-scams, it has been asserted.
Such security measures could allow victims to claim ... More
Unsecured Loans - MPC decision almost unanimous
The Bank of England's monetary policy committee (MPC) was almost unanimous in its decision to maintain the current base rate of interest at five per cent for the fourth consecutive month, it has been noted.
In news that may be of interest to people seeking More
Unsecured Loans - Students feel the weight of their shopping bags
Young people preparing to head to university next month should prepared themselves for a shopping bill that could potentially be more than they were expecting, it has been suggested.
In news that may be of interest to those seeking More
New Mortgages - 'Don't feel helpless' during the crunch
Britons have been advised not to feel helpless as fuel and food costs rise during the credit crunch.
In news that may be of interest to those seeking a new mortgage, a spokesperson for Friend of ... More
Unsecured Loans - Britons "blowing savings" on holidays
People in the UK are "blowing" their savings to fund going on holiday, it has been asserted.
In news that may be of interest to those seeking unsecured loans, Abbey Savings has ... More
Credit Cards - Beware the terrible teens
Parents of teenagers preparing to throw a party to celebrate their A-level or GCSE results have been advised to keep an eye on the proceedings.
In news that may be of interest to those seeking a credit ... More
Credit Cards - Toddlers 'bring down the house'
Toddlers, kids and teens in the UK are causing costly damage to their parents' homes, it has been asserted.
In news that may be of interest to people financing replacements with a credit card, ... More
New Mortgages - Housing market "severely constrained"
The housing market in the UK is being "severely constrained" by the lack of mortgage finance, one sector commentator has claimed.
In news that may be of interest to people seeking a new ... More
Unsecured Loans - Economy 'will not halt wedding plans'
Soon-to-be brides and grooms in the UK will not let the recent economic downturn prevent them from enjoying their special day, it has been suggested.
In news that may be of interest to those looking at More
New Mortgages - Prime commercial property "will always be in demand"
Despite the current problems being witnessed in the UK property market, prime commercial buildings will "always be in demand", it has been asserted.
However, in news that may be of interest to those seeking a More
Credit Cards - Bupa: 'Keep healthy and save money'
Consumers have been advised that they could save up to £500 a month and keep healthy at the same time.
Health advisers at Bupa recommend that Britons give up smoking, saving £170 within 30 days of kicking a 20-a-day habit, while also reducing the risk of lung cancer, heart ... More
Credit Cards - Online banking 'may help with budgets'
Many people may find it easier to stick to a budget using the facilities provided through online banking, it has been asserted.
In news that may be of interest to credit card customers, Michelle ... More
Unsecured Loans - Where weddings "really do come true"
Twice as many men as women dream of getting hitched at the Disneyland theme park, possibly with Mickey Mouse stepping into best man duties, a recent survey has revealed.
The study by Halifax Travel Insurance revealed that Peaches Geldof's wedding destination of choice - Las Vegas - only ... More
Credit Cards - British youth "suffer image envy"
Young people in the UK are breaking the bank in order to satiate their image envy, it has been claimed.
In news that may be of interest to those with credit cards, research by Alliance and Leicester ... More
New Mortgages - Time for an upgrade?
People are investing more in the long-term by turning to property renovations during the credit crunch, it has been asserted.
In news that may be of interest to those seeking a new mortgage, many ... More
Debt Consolidation - Students: "Do your homework"
Soon-to-be students and their parents have been advised to do their homework when it comes to pre-planning their finances for their years studying.
In news that may be of interest to those seeking debt... More
Unsecured Loans - Families are "getting poorer"
Households in the UK may be struggling as the ongoing credit crunch pushes costs higher, it has been claimed.
In news that may be of interest to those seeking unsecured loans, Charles Davis, ... More
New Mortgages - Brits can't stand the heat
Despite being the middle of summer, many Britons are already starting to worry about how they can afford to heat their homes this winter, it has been claimed.
A poll by Moneysupermarket.com found that a third were concerned about where such funding would come from.
In news that ... More
Unsecured Loans - Credit crunch 'not stopping wedding season'
The credit crunch has not caused couples to delay their wedding plans this year, it has been claimed.
Rachel Moschke, editor of Wedding Ideas Magazine, said that instead many people were doing some of the work themselves or cutting back on their original plans instead.
For ... More
Unsecured Loans - Filling the gap
A gap year could allow individuals to stand out from the crowd when it comes to applying for jobs, young people have been advised.
In news that may be of interest to those looking at unsecured ... More
Unsecured Loans - Brits heading for long-haul
British holidaymakers are turning their backs on the traditional European vacation, by jetting off on more long-haul flights, it has been claimed.
Research by Cater Allen revealed that 26 per cent of people would prefer to head to somewhere further off the beaten track while 20 per cent ... More
Unsecured Loans - Students should 'ignore the gimmicks'
Youngsters preparing to fly the family nest and head to university next month have been advised not to be tempted by "gimmicks" when they chose their new bank accounts.
In news that may be of interest to people searching for More
Credit Cards - Shoppers should 'watch for the sting'
Consumers thinking of heading out to update their wardrobes this summer should watch out for the sting-in-the-tail that may befall them if they use a store card, it has been claimed.
In news that may be of interest to people looking for a More
Unsecured Loans - Consumer confidence 'being rocked'
It is "no surprise" that confidence among consumers is at an all-time low, it has been claimed.
This is due to the current economic situation and the fact that the Bank of England has shown a "reluctance" to change the interest rate, a sector commentator has ... More
New Mortgages - New property valuation rules 'may make things harder'
New rules connected to the valuation of property may make things harder for first-time buyers, it has been suggested.
In news that may be of interest to people looking for a new mortgage, Helen ... More
Unsecured Loans - Heading for a recession?
Ahead of the release of the Bank of England's August Inflation report tomorrow (August 13th), it has been revealed that inflation is set to rise to four or even five per cent.
In news that may be of interest to those seeking an More
New Mortgages - Caution urged over DIY craze
People seeking a new mortgage may be interested to know that televised do-it-yourself programmes have been cited as an inspiration to many British enthusiasts.
Confused.com has revealed that eight ... More
Unsecured Loans - An expensive gift
It has been revealed that it is not only the soon-to-be happy couple who has to fork out during wedding season.
In news that may be of interest to people seeking an unsecured loan, research by ... More
Credit Cards - Off to pastures new
With many young people preparing to leave home for university next month, it has been revealed that youngsters want an overdraft and credit card when they make the move.
Research by AXA has found that... More
Unsecured Loans - A special day in the sun
People seeking an unsecured loan to fund their dream wedding have been advised that more and more Britons are getting married abroad.
Peter Staddon, a spokesperson for the British Insurance ... More
Unsecured Loans - Teenagers investing in piggy banks
More and more teenagers are putting their allowances straight into their piggy banks in order to save for university, it has been revealed.
In news that may be of interest to those seeking an More
Credit Cards - Time for a night in?
More and more Britons are spending their evenings and weekends at home in an attempt to save money, it has been suggested.
In news that may be of interest to credit card owners, research by Halifax ... More
Unsecured Loans - Recession 'not all hype'
There is a "very real" downturn currently in evidence in the UK economy and it has not been caused by a lot of hype, one sector commentator has suggested.
In news that may be of interest to people seeking More
New Mortgages - Scotland and London still "strong property markets"
People seeking a new mortgage may be interested to hear that Scotland, the south-east and London have been named as the strongest markets to invest in by a sector commentator.
Liam Bailey, ... More
New Mortgages - Halifax: Low mortgage rates support housing market
The average mortgage rate borrowers are paying has dropped over the last six months and this is supporting the housing market, it is claimed.
Halifax makes the assertion in its July housing index, noting that despite the average rate paid by new borrowers going up, the average rate ... More
New Mortgages - 'Overwhelming majority' of borrowers pay mortgages in full
The majority of homeowners are successfully continuing to pay their mortgages despite the economic uncertainty, it is claimed.
According to the Council of Mortgage Lenders, the current repossession rate is still less than half that of the early 1990s and is "extremely small" ... More
Homeowner Loans - Loan advice offered for consumers with poor credit
People who believe they are unable to get a personal loan due to self-awareness surrounding their poor personal credit rating may be making an incorrect assumption, a financial advice and news provider has stated.
MyFinances.co.uk... More
New Mortgages - Mortgage market has 'changed beyond recognition'
A national newspaper today described the British new mortgage market as having "changed beyond recognition" after analysing the difference in borrowing rates over the last 12 months.
The ... More
Debt Consolidation - Serious debt 'a huge financial gaffe'
Falling into a state of serious debt is the second most serious financial blunder someone can make, according to a new survey.
Advice service Fool.co.uk reports that one in 14 people blame borrowing out of their means for their financial heartache, while six per cent of those questioned ... More
New Mortgages - A 'sting in the tail' for new mortgages
Although there has been some lowering in the interest rates on new mortgage deals, this has come with "a sting in the tale", according to Moneyfacts.
The advice service has found that ... More
New Mortgages - Interest rates remain at 5%
The decision by the Bank of England to leave interest rates at five per cent has attracted a wide variety of comments from a number of leading businesses in the property and housing sector.
The Fair Investment Company stated that it viewed the action by the Bank with "no ... More
New Mortgages - Stamp duty holiday 'good' in face of no rate change
The news of the government considering a stamp duty holiday will provide optimism for new mortgage buyers, after it was announced today that interest rates would be held at five per cent by the Bank of ... More
Unsecured Loans - Thrifty Scot: Shop around for competitive loan rates
An online financial resource has recommended that people shop around to find the best rate for a secured or unsecured loan.
The Thrifty Scot noted that homeowners would definitely be subject to... More
Homeowner Loans - Home loan difficulties dealt with by banks
Responding to the Financial Services Authority's announcement of rises in repossessions, the British Bankers' Association (BBA) said that they were pleased by the FSA's statement.
The BBA believed that the authority had been careful in distinguishing mainstream lenders from specialists ... More
New Mortgages - Abbey: demand for tracker mortgages growing
Fixed-rate mortgages are still accounting for more than half of new mortgage deals yet tracker mortgages are growing in popularity, the Abbey has revealed today.
In a statement aimed at ... More
New Mortgages - Lib Dems: Govt 'bribing' buyers in failing market
Shadow Chancellor Vince Cable of the Liberal Democrats today labelled the proposal by the government to suspend stamp duty temporarily as "bribery", it has emerged today.
The decision, aimed at helping first-time buyers (FTBs) with new mortgages, was criticised by the opposition... More
New Mortgages - AMI supports FSA statement
The Association of Mortgage Intermediaries (AMI) has supported the Financial Services Authority's call to lenders to treat customers fairly in the fragile financial arena, agreeing that repossession is nothing but a "last resort".
Policy director at the AMI, Andrew Strange, ... More
New Mortgages - NAEA: Reduction in interest rates is vital
An estate agency representative body has called for the Bank of England to reduce or, in the least, maintain interest rates in the current environment to benefit the housing and new mortgage market, it has ... More
New Mortgages - Current economy 'demands fair customer treatment'
Current economy 'demands fair customer treatment'
A national regulator today asked new mortgage lenders to be fair to their customers who were finding difficulty in meeting payments and More
New Mortgages - One fifth of NR customers face negative equity
Negative equity faces up to 20 per cent of Northern Rock customers after it emerged that the "dire forecast" for house prices could plunge customers of the nationalised lender into mortgage debt.
The Daily Mail noted that the average housing price, according to the Financial ... More
New Mortgages - Homeowners encouraged to get "green mortgage"
Homeowners have been encouraged to get a "green mortgage" after a report revealed the benefits of energy-saving measures on the potential price of one's house payments, the Fair Investment Company reported today.
The survey taken by British Gas and the Institute for Public ... More
New Mortgages - Fixed-rate mortgages 'peaked in June'
Bank rate cuts and relaxed criteria are starting to make it easier for prospective homeowners to get hold of mortgages, bringing rates down from a peak in June, it has emerged.
HSBC is the most ... More
Remortgage - A&L profits plunge 99%
Alliance & Leicester (A&L), the mortgage lender which is soon to be taken over by Abbey owner Santander, today revealed that profits had fallen by 99 per cent due to the effects of the recent economic crisis.
Pre-tax profits for A&L, which specialises in More
New Mortgages - Mortgage decline 'will slow'
Brokers said today that mortgage volumes will continue to decline, albeit at a slower rate, over the next 12 months, ifaonline.co.uk has reported.
The financial website said that a survey by the Intermediary Mortgage Lenders Association (IMLA) interviewed brokers, who mostly believed that... More
Credit Cards - Prepaid credit cards 'worth £4.5bn by 2010'
The prepaid credit card market will be worth £4.5 billion in two years' time, an independent online finance portal has revealed today.
Research from Fairinvestment.co.uk found that these cards ... More
View All Articles From The News