Financial News Articles | Archive - April 2007

Warning issued over medical insurance costs - Published:28/04/07

Medical cover provider Saga Personal Finance has urged people to think carefully about the price of health insurance by pointing out that it can work out more expensive than fees for a top confidential school In a new study from the financing specia...

Mortgage implications of property growth outlined - Published:28/04/07

Homeowners planning to move into the buy-to-let mortgage marketplace may be interested to hear that housing is becoming increasingly well-liked among saversAccording to data cited by financial services supplier Prudential, 55 per cent of the UK's we...

Nationwide's long-term mortgage assessed - Published:28/04/07

People considering a long-term mortgage alternative may be interested to hear about a new product overview from a financing manufacturing analystJulia Harris, mortgage analyst at financing website Moneyfactscouk has known her views on the new 25-yea...

Lloyds TSB Insurance provides cover on renewable energy devices - Published:28/04/07

wwwmoneynewscouk > cover > Lloyds TSB cover provides cover on renewable power devicesSocially responsible homeowners looking to take up a buildings cover package need look no further than Lloyds TSB InsuranceThe group provides free cover on wind tur...

Check fees before trying to find a remortgage, financing expert advises - Published:28/04/07

Homeowners looking to find a remortgage contract have been reminded about the significance of checking mortgage fees before making a choiceRob Chesters, head of mortgages at HSBC, has issued the message while enlightening that throughout April 2007 ...

Banking charges affect nearly 20m, financing study reveals - Published:28/04/07

Almost 20 million populace across the UK have been asked to pay extra banking charges at some point, according to research that may be of interest to banking customersA learn from financing website uSwitchcom has discovered that 1896 million populac...

Alliance & Leicester launch March mortgages - Published:28/04/07

The group's new two-year pather will path the Bank of England base speed minus 041 per cent for two years before tracking it plus 099 per centPossessing a 95 per cent loan-to-value rate, the manufactured goods allows for a maximum loan of £500,000 a...

Sainsbury's Bank: Shop around for most competitive account deals - Published:28/04/07

wwwmoneynewscouk > storeing > Sainsbury's store: Shop around for most competitive account dealsConsumers are being confident to shop around to find the most competitive deals on savings accounts by Sainsbury's storeAccording to the group, some 16 pe...

Goldman moves in on pensions - Published:28/04/07

All times are London time Search information in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesCOMPANIES Financial servicesBreadcrumb follow navigation:FT house > Companies > By sector > Financial servicesGoldman moves in on pensionsGoldma...

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House market 'disaster' warning - Published:28/04/07

Don't miss your chance to tell us what you believe of This is Money and help us form its futureSorting your finances is simple, so simple you can do it in eight steps Forget the relax and read thisBy the finish of 2007, the average home will cost al...

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Lender reacts as mortgage market diversifies - Published:28/04/07

Diversifying consumer insist has led a major mortgage lender to offer several novel mortage dealsAbbey has launched a novel product for those daring enough to build their own home and also additional motgage deals aimed at those looking for long ter...

consumers "ill-informed" about personal finances - Published:28/04/07

Financial service providers are profiting from a "wide-spread be short of of self-assurance" among consumersAccording to Moira Haynes, spokesperson for the Citizens Advice Bureau, a "confusing array of financial choices to make and responsibilities ...

UK mortgages in "recovery mode" - Published:28/04/07

Analysts have described the UK mortgage marketplace as being in "recovery mode" and have supposed it is on track for thriving growthThe market will increase by 13 per cent, with Britons on route to take on £324 billion in mortgages - but not until 2...

Seaside dreams in Wales - Published:28/04/07

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Tesco Health Insurance announces free child insurance offer - Published:24/04/07

Health insurance policyholders will be clever to get their children covered for free with a Tesco insurance package for a limited occasion only, it has been revealedFrom now until June 19th 2007, adults who position either a Premium or Core physical...

Biba: Insurance packages 'need careful assessing' - Published:24/04/07

Consumers require to fully understand the terms and conditions of insurance products before signing on the dotted row, according to a spokesperson for the British cover Brokers' Assocation (Biba)Peter Staddon's comments follow the announcement by Pr...

NatWest mortgage challenge set - Published:24/04/07

NatWest is offering the enticing figure of £1,000 to those customers who are coming to the end of their mortgage term and find that the group cannot improve upon their there dealAs part of the NatWest mortgage challenge, the group has announced that...

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October figures show mortgage rise - Published:24/04/07

home prices rose by 07 per cent in the month, which could mean that for some Britons it is increasingly difficult to find a mortgage, figures from Nationwide Building Society showHowever, this growth is smaller than the 13 per cent which the organis...

NatWest unveils mortgage challenge for people looking to find a remortgage - Published:24/04/07

Mortgage holders who are at present trying to find a remortgage deal have been put on alert after monetary services provider NatWest unveiled details of a novel mortgage challenge that could potentially see them given £1,000As part of the rivalry, m...

Twenty five year fixed rate mortgage from Nationwide - Published:24/04/07

There is some high-quality news for property purchasers looking to take out a fixed rate mortgage, with the Nationwide structure Society now offering a mortgage with a set rate of now under 55% over e term of25 yearsSince the Bank of England too int...

Homeloans hit another record high - Published:24/04/07

MORTGAGE lending reached a evidence high during June on the back of the housing market revival, figures showed nowadaysA total of £322bn was advanced during the month, beating the preceding record of £291bn put in May, according to the Council of Mo...

Barclays anti-fraud card reader 'improves personal security' - Published:24/04/07

Handheld chip and pin certificate readers being rolled out by Barclays are set to "enhance" online banking services for clienteleThe group is sending out the plans, known as PINsentry, to online banking customers, in an attempt to crack down on frau...

Alliance & Leicester fixed-rate bond rolled out - Published:24/04/07

Alliance & Leicester says that its new fixed-rate tie "continues to meet the wants" of customersThe group's new one-year fixed-rate bond possesses a spirited fixed-rate of 592 per cent, to which customers can invest between £5,000 and £1,000,000put ...

Football mortgages reminder issued - Published:24/04/07

Football-loving homeowners have been reminded that they may be clever to arrange a mortgage contract that financially benefits their beloved clubThis season, a sum of £35 million has been handed out to 13 football clubs across the expert English lea...

'Millions unaware' of ageism laws - Published:24/04/07

Millions of UK personnel are unaware of new ageism laws which come into force on 1 October, a review suggestsThe Employers Forum on Age review of 1,000 people aged over 16 found 50% did not know ageism in the place of work would be outlawedIt also f...

CML say interest-only mortgage no problem - Published:24/04/07

new research published by the Council of Mortgage Lenders indicated that the reported need for many people to take out interest-only mortgages is based on insubstantial evidenceThe research compared borrowers who choose repayments mortgages with tho...

Shoddy services motivate switching, says research - Published:24/04/07

Almost half of all people touching current account providers are aggravated by the poor service they receive, says new researchMore than a third said that the interest rate offered by their bank was significant, but a scant one-in-five switched to f...

Mortgage waiting cut, company claims - Published:24/04/07

Kensington states that it has cut the amount of occasion that borrowers will need to arrange a mortgage The corporation has launched routine valuations (AVM) and electronic identifiers (e-ID) as part of its online e-commerce optionMortgage brokers w...

UK Consumers Urged to Eliminate Personal Debt - Published:24/04/07

UK consumers have been urged to rid themselves of individual debt and re-think their spending habits as Britain’s debt difficulty growsIn light of new reports of UK credit card spending rising sharply, debt help organisation, The money owing Counsel...

RBS mobile bank set for launch - Published:24/04/07

Beginning next month, the regal Bank of Scotland (RBS) mobile bank repair will be launched in both north and west Yorkshire as well as in WalesThose communities who do not have a local branch will be able to take benefit of mobile banking to take ou...

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Interest-only homeloans soar - Published:20/04/07

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Tesco insurance offer 'supports parents' - Published:20/04/07

People who take on a Tesco insurance package before June 19th this year will receive free wrap for their child for the first year of the termThe deal applies to the group's best and core policies and is also applicable for brood under 18Jeremy Sutto...

House boom locks up UK wealth - Published:20/04/07

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Leeds bond 'guarantees income return' - Published:20/04/07

Leeds Building Society has launched a high interest tie which guarantees a return of consumers' income at the finish of the termThe Leeds bond will be alienated between the Leeds option bond and Norwich Union's collection, with a weighting of 40 and...

Look abroad for a mortgage, Moneycorp says - Published:20/04/07

The latest newsletter from commercial foreign exchange corporation Moneycorp indicates that affordability concerns are driving many unparalleled buyers abroad to find a mortgage New investigate by Moneycorp suggests that one in two first-time buyer...

Credit card service provider to launch contactless payment - Published:20/04/07

praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSMastercard has announced the open of a new contactless credit card payment system in combination with McDonalds, giving customers the chance...

HSBC unveils youth banking accounts - Published:20/04/07

HSBC has announced a new explanation range targeted at young banking clientele to try and get them hooked on the savings habitThe MySavings explanation is available to fledgling banking customers old 7 years old or over and features 525 per cent ann...

Financing specialist questions banking institution's customer segmentation - Published:20/04/07

A financing psychoanalyst has raised doubts about the decision by banking institution HSBC to sprint a branch exclusively for its highest-earning and highest-spending customersThis week, it was exposed that the UK's largest banking group was plannin...

Inflation up to almost ten per cent on house prices - Published:20/04/07

House price price rises has risen to nearly ten per cent, latest figures have shown, sense the recent Bank of England interest speed rise has failed to dampen the demand for possessions in the UKResearch by Halifax discovered that inflation has grea...

Direct Line: Consumers savvy over home contents insurance - Published:20/04/07

Homeowners are becoming increasingly know-how towards the value of the contents in their homes, Direct Line has saidDespite a new survey carried out by Go Compare presentation that more than semi of adults are reluctant to read the small print when ...

Online banking award for financial services provider - Published:20/04/07

Online banking clientele who have previously been a victim of fraud may be paying attention to know that Barclays' virtual banking setup has just been named Anti-Fraud Strategy of the dayThe award has been bestowed at the Financial Sector skill Awar...

Study predicts demand for buy-to-let mortgages will increase - Published:20/04/07

The buy-to-let mortgage market will continue to get bigger over the route of the next ten years, it has been claimedAccording to a forecast from financial armed forces provider Alliance &Leicester Mortgages, the division is anticipated to grow by 41...

Online banking customers alerted to new savings account - Published:20/04/07

Online banking customers may be interested to be acquainted with that a new person savings account has been launchedThe new savings vehicles, unveiled by virtual banking specialist Egg, come with gross investments rates of 605 per cent and a minimum...

New simplified pensions - Published:20/04/07

A radical unexpected result of UK pension rules, designed to make economy for retirement simpler, has come into forceAs of 6 April, dubbed A-Day, populace can be a member of a corporation pension scheme and also pay into a personal pension at the sa...

The Benefits of Consolidation Loans - Published:20/04/07

With UK consumer money owing reaching unprecedented levels, many are seeking ways to help reduce their amount overdueRecord levels of UK credit card spending are resulting in many family budgets being under increased strain Credit certificate debt e...

Checkmate: it's worth it - Published:20/04/07

Four in ten people are surprised by the in order held on their praise report, according to new researchA report by MyCallcredit found that nine out of ten people would recommend a credit make sure to their friendsCredit make sures are useful to find...

Biba warns of uninsured drivers raising premiums - Published:20/04/07

Drivers that are uninsured are not only endangering the lives of other road users and themselves, they are also forcing the cost of premiums up, according to a spokesperson for the British Insurance Broker's Association (Biba)The likelihood of an un...

Mortgage lending breaks all records - Published:20/04/07

Overall mortgage lending reached novel record highs during June, hitting £322 billion, the Council of Mortgage Lenders (CML) has announcedThis was an add to on the previous record of £291 billion achieved during May and is up from £257 billion last ...

Free guide to equity release - Published:20/04/07

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Saga: Car insurance packages 'crucial' for Easter holidaygoers - Published:04/04/07

wwwmoneynewscouk > Insurance > Saga: Car cover packages 'crucial' for Easter festivalgoersPeople taking their car on festival this Easter are being encouraged to make certain they are comprehensively incertaind to force abroadResearch carried out by...

Nationwide mortgage 'for the long-term' - Published:04/04/07

Starting with a competitive speed of 549 per cent, the package allows customers short of expenditure power in the initial stages of their mortgage term the chance to avoid early repayment charges for ten yearsThe Nationwide mortgage also possesses s...

Halifax Home Insurance warns of property subsidence 'threat' - Published:04/04/07

Homeowners should take every chance to ensure that their properties are protected from the option of subsidenceAccording to Halifax Home Insurance, subsidence can cause major injure to homes, but paying attention to the growth of trees and plants ar...

Britons can cater for life change with Birmingham Midshires account - Published:04/04/07

wwwmoneynewscouk > Banking > Britons can cater for life alter with Birmingham Midshires accountBritons are being encouraged to make usual savings into a spirited bank account so that they can financially deal with any eventualityAccording to novel r...

Cornhill Direct: Insurance 'key' for DIY lovers - Published:04/04/07

Britons with a penchant for indulging in a small bit of home DIY are being encouraged to make certain they possess a comprehensive home cover policyA poll carried out by insurer Cornhill Direct demonstrates that almost a fifth (17 per cent) of adult...

Fixed-rate deals fall - for now - Published:04/04/07

input DECISION: Homebuyers can take advantage of lower fixed-rate deals before the bank speed rises againFixed-speed home loans had edged up since last summer, as a result of three bank rate rises and rising costs for lenders borrowing money on the ...

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Equity release pitfalls - Published:04/04/07

Equity release schemes have proved very popular in recent existence An expert explains what evenhandedness release involves and warns of the dangers of releasing money from propertyOver the past decade returns on property have dwarfed those to be ha...

Nationwide launches new mortgages - Published:04/04/07

UK residents looking to find a mortgage could be boosted, as Nationwide Building civilization has launched two new dealsBoth of the new mortgages have become obtainable on October 3rd 2006 and may suit those looking to find a remortgage, as they are...

Should you take a 100% loan? - Published:04/04/07

Rocketing house prices denote more struggling first-time buyers are taking the jump with little or no depositThe number of people who are captivating 100% mortgages has doubled in the past year, according to mortgage agent London & CountryAnd financ...

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Property abroad: Spain - Published:04/04/07

News Companies & markets Investing authority portfolio Campaigns Mortgages & homesMortgage featuresInsurance Consumer recommendation Broadband & phones Retirement Saving & banking Credit & loans Small business duty & wills Message boards Money blog ...

Rise In Interest Rates Set to Increase Pressure on Homeowners - Published:04/04/07

Homeowners are likely to find their mortgage repayments go up as the store of England are widely expected to raise interest tax for second time in two years, after August’s hike in ratesInterest rates are likely to go up from 475% to 5%, affecting t...

Security fears deter potential online banking shoppers - Published:04/04/07

Less people carry out online banking than would be the case if community confidence in internet security was higher, new research has foundA survey by NOP showed that 43 per cent of customers have never carried out personal banking or shopped online...

Interest rate rises unlikely to affect mortgage industry - Published:03/04/07

With two interest speed rises taking place in the space of a few months, between August and November 2006, some may have been concerned that the mortgage industry could suffer, with many unable to take out a mortgage at the current interest rate of ...

Women lagging behind men in life insurance stakes, research shows - Published:03/04/07

Many women may be overlooking the factual importance of life insurance cover, it has been suggestedAccording to psychoanalysis of applications data from insurance specialist Insurancewidecom, there is no marked dissimilarity between the figure of li...

Halifax: Isa savings allowance rise 'good for savers' - Published:03/04/07

Halifax the past welcomed the past's announcement that Isa allowances will be raised from April 2008 in line with inflationFrom next day, customers will be able to invest £3,600 into a money Isa, which Mike Regnier, head of savings at Halifax, said ...

Alliance & Leicester International one-year fixed-rate bond introduced - Published:03/04/07

wwwmoneynewscouk > Banking > Alliance & Leicester International one-year fixed-rate bond introducedThe new Alliance & Leicester International incomplete (ALIL) one-year fixed-rate tie has been launched for a limited time only at a "highly spirited" ...

Financial qualifications explained - Published:03/04/07

In the wake up of a number of mis-selling scandals, an specialist explains how you can you tell if your financial adviser has the correct qualifications to meet your needsAs the number of investment, mortgage, pension and insurance crop multiplies, ...

Paymentcare launches cheap credit card insurance - Published:03/04/07

Paymentcare has announced the open of the first ever stand alone loan payment defense policy (PPI) for credit cardsThe policy protects monthly repayments on credit card balances in the container of the cardholder being unable to workIn a move that w...

Flexible mortgages give borrowers a break - Published:03/04/07

According to the popular monetary website moneyexpert, more and more mortgage lenders in the UK are allowing homeowners who borrow from them to take ‘repayment holidays’ as part of their loan contract This gives borrowers, many of them financially s...

Home insurance warnings over bicycles - Published:03/04/07

Many Brits could be using bicycles that are not enclosed by home insurance, according to expertsThe national cycle network approved 15 per cent more trips in 2005 than 2004, but insuresupermarket urges users to make sure they are enclosed by home in...

A fifth of first-time buyers prepared to pay premium on housing - Published:03/04/07

A fifth of unparalleled buyers in the UK say that they are prepared to pay over the odds and go above the asking cost to secure themselves a place on the possessions ladderThe number of newcomers prepared to pay a premium to get into the market is a...

Welcome gloom amid the boom - Published:03/04/07

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Brits To Go On Car Buying Spree in September - Published:02/04/07

Alliance & Leicester loans 'aid car purchase' - Published:02/04/07

potential motorists looking for a suitable package to finance a new car should steer well obvious of car finance deals, according to Alliance & LeicesterRichard Al-Dabbagh, senior loans boss at Alliance & Leicester, said that just as many people wer...

Labour leaders in pensions defeat - Published:02/04/07

The Labour management has suffered a conference defeat as delegates backed criticisms of key planks of the government's pensions ruleThe conference passed a motion attacking plans to lift the state pensions age to 68 and delay restoring the connecti...

Graduate credit records skewed by lack of info - Published:02/04/07

The government's refusal to share graduate money owing details with the credit and loans manufacturing means that hundreds of thousands of ex-students have incorrect credit scoresWhile fortunate for youthful professionals looking for the best speed ...

Last hooray of the fixed rate bargain - Published:02/04/07

Fixed-rate mortgages made up 71 per cent of all approvals in April, the newest Council of Mortgage Lending (CML) figures have shownThe growing popularity is due to the safety fixed rate deals provide against the background of a widely-tipped interes...

Homes nudge £200,000 mark - Published:02/04/07

Families hoping to buy the average home now countenance a bill of almost £200,000, with the bureaucrat house price measure just £500 introverted of the landmark figureDon't miss your chance to tell us what you think of This is Money and help us form...

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Just one in ten claims back penalty fees - Published:02/04/07

Just 11 per cent of populace have claimed back penalty fees from their banks, says a new review and 39 per cent admit that they are totally in the dark on the issueA full 31 per cent admitted that they couldn't be bothered or did not be acquainted w...

Leeds Building Society three-year fixed-rate postal bond launched - Published:02/04/07

wwwmoneynewscouk > Banking > Leeds Building civilization three-year fixed-rate postal bond launchedCustomers looking for a guaranteed return from their investments will be happy to learn that the Leeds structure Society three-year fixed-rate postal ...