Financial News Articles | Archive - December 2006

Homes 'to rise £14,000' in 2007 - Published:22/12/06

UP AND AWAY: Another year of robust house cost rises has been predicted by Nationwide Building SocietyWhat will happen to home prices in 2007 Read the home prices latest and have your speak in our poll >> VoteRising prices rippling out from London w...

Read More: Homes 'To Rise £14,000' In 2007 >>

Lloyds TSB Scotland allows Young Scot ID - Published:22/12/06

Lloyds TSB Scotland aims to make opening a bank explanation easier by allowing Young Scot cards as a shape of identificationUsually, banks require a identification of driving licence as ID in order to open an explanation, however, Lloyds TSB Scotlan...

HSBC and first direct expand mobile banking - Published:22/12/06

HSBC and first direct are gearing up in the move towards mobile banking offering 24/7 access to balance investigation and mini statements to present account customersText balance-alerts have been around for some time, but the novel free and secure s...

Halifax offers hints for first-time buyers - Published:22/12/06

Mortgage lender Halifax is offering recommendation to potential first-time buyers looking to get a foot on the property steps Trying to find a mortgage can often be "stressful" and "daunting" for many individuals, which is particularly true for unpa...

Direct Line home insurance warning - Published:22/12/06

Homeowners are being advised to make sure they are prepared for the approaching festive season and are covered against any potential problemsResearch by Direct Line home cover has discovered that many persons will spend Christmas coping rather than ...

Store cards leading to debt, says Alliance & Leicester - Published:22/12/06

Over the next few days spending is expected to go through the top as last minute presents are bought, but Alliance & Leicester has warned that by store cards to pay for gifts could be departure some shoppers £1,500 in arrearsAlmost a quarter (23 per...

Women want to date a man who knows his interest rates - Published:22/12/06

Modern lady has got her priorities straight when it comes to looking for a partner - savers are in senior demand than men who similar to to flash the cash around, according to new research by Yorkshire structure SocietyFrugal men have been found to ...

We don't love Spain any more - Published:22/12/06

Britain's long possessions love-affair with Spain is going cold UK nationals who emigrated with dreams of a untroubled retirement are returning home in increasing numbers And a leading mortgage commerce says the country is no longer at the top of th...

Read More: We Don't Love Spain Any More >>

Number of people looking for property rises - Published:22/12/06

The figure of people seeking to purchase a new property continues to rise according to investigate undertaken by UK property portal, propertyfindercomThis can be attributed to the piece of information that mortgage rates are decreasing - a factor th...

New mortgages launched by Platform - Published:22/12/06

Platform, the intermediary lender of Britannia, has launched two novel follower products to the mortgage marketThe Platform buy-to-let three-year follower and self-certification two-year follower mortgages are now available to customers and both pro...

New tracker option from Mortgage 2000 - Published:22/12/06

Mortgage 2000 has launched a product, which may suit borrowers looking to find a remortgage on a tracker dealThe new mortgage option is specifically intended for buyers looking to find a remortgage and is available for up to 95 per cent of the posse...

CAB greets irresponsible lending clampdown - Published:22/12/06

The Citizens Advice government department (CAB) has hailed credit reforms announced today that will attempt to clamp down on reckless lendingCAB is on the pointed end of the debt industry, fielding over a million queries over difficulty debt every y...

Loans taking tolls, study shows - Published:22/12/06

Many students could be on foot into bankruptcy by relying on student loans , credit cards and overdrafts , according to new investigateFurthermore, many students may not be able to find a mortgage after they graduate, as their financial commitments ...

Read More: Loans Taking Tolls, Study Shows >>

UK house prices 'pick up' in July - Published:21/12/06

home price growth picked up in July and the overall market remains "fairly floating", according to the NationwideThe building society's latest accommodation survey found that prices rose by 08% last month, up from 03% in June, pushing the yearly gro...

Credit card company to provide 'lifestyle assistant' - Published:21/12/06

praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSCredit card holders will now be clever to look for the services of a lifestyle assistant to help with their purchasesLloyds TSB has become o...

first-time buyers opting for joint ownership - Published:21/12/06

Those persons looking to invest in bricks and mortar for the first time are more and more investing in a group mortgageNew research approved out by HSBC shows that over half (57 per cent) of prospective buyers would consider joining money together w...

Fears Of Housing Market Crash Among UK Residents - Published:21/12/06

new research has revealed that almost a quarter of UK adults anticipate the housing market in the UK will collide within the next 18 monthsWith recent increases in interest rates and increasing personal debt levels 24% of those surveyed expect a slu...

New specialist mortgages from Alliance & Leicester - Published:21/12/06

The new mortgage deals, which have been made available on November 9th 2006, include buy-to-let, near major and self-certification optionsA novel two-year fixed-rate buy-to-let mortgage has been created, which features a speed of 529 per cent and al...

UK savers missing out on £1.5bn a year through best savings account "apathy" - Published:21/12/06

UK savers have £59 billion in savings accounts paying less than two per cent a year, Capital One has revealed – far below the best savings explanation rateLast year savers stashed absent £2 billion in accounts that are not just paying less than the ...

Age rules on pensions postponed - Published:21/12/06

The government has postponed part of new laws against era discrimination that tell to pension schemesRules outlawing ageism start on 1 October, but those affecting retirement fund schemes will now start on 1 DecemberThe government says it wants to g...

Read More: Age Rules On Pensions Postponed >>

Buy-to-let investors boosting portfolios, expert claims - Published:21/12/06

Landlords are more and more looking for buy-to-let mortgages to increase their portfolios, an expert has claimedFollowing the Bank of England's choice to lift the base rate in August, no reduction in buy-to-let mortgage activity has been recorded, f...

Undergrads face £15,000 cost of education - Published:21/12/06

The average undergraduate beginning their amount programme this year will leave institution of higher education in 2009 with debts of £15,000, Callcredit has warnedTo help students with their financial knowledge curve, Callcredit has free a new guid...

Five steps to a home in one year - Published:21/12/06

The latest idea to assist struggling first-time buyer has been launched – but similar to many others it is focused on keyworkersBEYOND REACH Life is touhg for unparalleled buyers but a year of hard labour could make all the differenceWith a shortage...

Read More: Five Steps To A Home In One Year >>

Most confident about ID theft safety - Published:21/12/06

Most Britons have little sympathy for countrymen targeted by fraudsters, with more than 70 per cent saying that custody details safe is an individual blameJust one in 13 said that it should be the responsibility of the police to prevent financial cr...

Net crime 'big fear' for Britons - Published:21/12/06

The Get Safe Online study free by the government found 21% of respondents felt most at danger from net crime, while 16% worried most about being burgledA BBC study into net-based attacks on Windows PCs found they could occur as much as every 15 minu...

Read More: Net Crime 'Big Fear' For Britons >>

New Woolwich City Mortgage introduced - Published:20/12/06

A City gratuity bonanza this year has led to the launch of the Woolwich City Mortgage 2 that is aimed at the larger loans marketplace of over £500,000Offering the Woolwich's lowest ever lifetime tracker offset rate, the new manufactured goods replac...

Norwich Union: Insurance industry must raise prices - Published:20/12/06

next a decision by Royal Bank of Scotland Insurance to raise its interest rates, a spokesperson for Norwich Union has said that the insurance industry is losing cash and as a result must raise premiumsSince September, have an account of Scotland has...

Building societies increasingly popular for mortgages - Published:20/12/06

As house prices carry on to rise, customers are turning their attentions to building societies for their mortgages, new investigate has shownMoneyextra, the personal finance service provider, has exposed that four building societies currently stand ...

C&G Reserve Account set for launch - Published:20/12/06

The Cheltenham & Gloucester (C&G) Reserve Account is put to be launched on October 9th 2006, boasting a high interest rateclientele will be offered a 535 per cent gross interest rate, but the C&G Reserve Account is only obtainable to those with £50,...

Britons 'choosing property over pensions' - Published:20/12/06

not whole of UK homeowners are shunning pension contributions and are in its place banking on profits from their property, according to researchLincoln monetary Group undertook the study to determine people's attitudes towards retirement shell eggs ...

Beaconsfield the most expensive market town to find a mortgage, study shows - Published:20/12/06

Beaconsfield is the UK's most expensive market municipality in which to find a mortgage, according to new research Of the UK's market towns, which are rural towns with a inhabitants of 3,000 to 30,000, the Buckinghamshire location kind the highest h...

Alliance & Leicester launches the Premier Switching Service - Published:20/12/06

A new explanation switching service from Alliance & Leicester (A&L) promises not to accuse overdraft fees or accuses to new current account holdersThe bank's prime minister Switching Service will also match the overdraft provided by a customer's cur...

Yorkshire to cut fixed-rate mortgages - Published:20/12/06

Yorkshire Building Society is planning to cut the cost of its two and five-year fixed-rate mortgages Both of the mortgage deals will see a 03 per cent reduction in tax, with the changes becoming effective from imposing 4th 2006The new rates for the ...

The Turner pensions report - Published:20/12/06

A main report has put the UK pension crisis into sharp centre BBC News Online examines the key findings and explains what will happen nextThe commission's report trotted out headline-grabbing info underlining the shortfall in UK retirement provision...

Read More: The Turner Pensions Report >>

Turn over a new financial leaf with A&L - Published:20/12/06

As the novel Year approaches, millions are planning to turn over a new sheet by moving their borrowing from pricy artificial to inexpensive homeowner loan dealsAn Alliance and Leicester survey has discovered that reducing and better supervision thei...

Almost 750,000 homeowners missing mortgage payments warns report - Published:20/12/06

Nearly three quarters of a million persons have missed one or more mortgage payment over the past day, new research from people Advice has shownThe organisation said that many homeowners were taking out additional praise on top of their home loans a...

Fixed-rate mortgages becoming more attractive - Published:20/12/06

Mounting fears of a further decision by the monetary rule group to increase interest rates for the second time this year are having an power on the mortgage market In reply to the concern, fixed-rate mortgages are gaining in popularity Seemingly in...

scottish freshers given personal debt advice - Published:20/12/06

The Institute of Chartered Accountants of Scotland (Icas) and the National amalgamation of Students Scotland (NUS) have combined to produce advice to stop students getting into debtWith personal debt supposed to be increasing across the UK the two b...

Are my savings safe? - Published:20/12/06

BBC News Ask the specialist column gives readers a chance to have their financial questions answeredMrs Tenenti would similar to to know how safe are her savings and what type of protection do savers have in the occasion of a UK regulated bank or bu...

Tenants: two thirds cannot afford to buy - Published:19/12/06

A total of two thirds of tenants are at present renting due to the fact that they cannot afford to purchase their own property, research by Birmingham Midshires has discoveredAs part of the Not so Average Joe movement, the research also showed that ...

Quarter of men leave Xmas shopping to last minute - Published:19/12/06

It seems that some men similar to to leave things to the last minute when it comes to attainment their Christmas presents bought, with a district found to wait until Christmas Eve before beginning their look for for giftsAlso, shoppers in the UK are...

Equity release a costly choice - Published:19/12/06

A generation of retired possessions owners risks losing out through signing up to expensive even-handedness release schemes that allow them to withdraw cash from their homesWhat will happen to house prices in 2007 understand writing the house prices...

Read More: Equity Release A Costly Choice >>

First-time buyers 'not seeking' interest-only mortgages - Published:19/12/06

Interest-only mortgages are less probable to attract first-time buyers, compared to the national standard, new research from the Council of Mortgage Lenders (CML) has shownThe national standard of those seeking interest-only products is 25 per cent ...

Lloyds TSB online banking 'revolutionised' - Published:19/12/06

Lloyds TSB has revolutionised its online banking facilities by addition a new bill manager feature, allowing customers to sight, pay and store their household bills onlineOver the last few natural life, increasing information of consumers have turne...

Legal & General offers household tips - Published:19/12/06

As the chilly weather creeps in, Legal & General are influence homeowners to check their properties to make sure they are well protected from the elementsThe past few weeks have already brought with them a sequence of storms, gale force winds and ev...

New internet banking service from HSBC - Published:19/12/06

The new internet banking option enables customers to create Chaps and speedy payments, which can be used to make online dealings both within and outside the UKSince the new internet banking system's beginning this month, the bank claims to have hand...

UK rates held at 4.75% - Published:19/12/06

UK interest rates have been left unaffected at 475% following the Bank of England's newest meetingThe move was widely expected although borrowers and the markets had been jittery over the prospect of another speed riseIn August, the Bank had raised ...

Free purchase protection a "bonus" - Published:19/12/06

Christmas shoppers could reap the benefits should they create purchases on their credit cards as free insurance is being offered on over not whole of all cards, according to price comparison website MoneyExpertA total of 57 per cent of credit card p...

Barclaycard and Oyster unite - Published:19/12/06

Holders of a Barclaycard will be able to swipe it on the London Underground in the same way as they would an Oyster card from next yearA pilot system will be sprint in the English capital next year following a contract struck between TranSys, the fi...

Read More: Barclaycard And Oyster Unite >>

Xmas spending down, says AXA - Published:19/12/06

Britons are planning on wounding their spending this Christmas by 12 per cent in comparison with last day, according to research undertaken by AXAin spite of the projected shortfall in spending on last Christmas, Britain has been found to be second ...

Read More: Xmas Spending Down, Says Axa >>

Generation debt myth debunked - Published:19/12/06

Contrary to popular insight, people in their 20s are actually among some of the most responsible users of credit and debt in the country, new research has revealedin spite of widespread media reports of a feckless "generation money owing" 20-somethi...

Read More: Generation Debt Myth Debunked >>

Advice for interest-only borrowers - Published:19/12/06

Borrowers with an interest-only mortgage must formulate a refund plan, one specialist has warnedRepayment plans towards interest-only mortgages could include a periodical direct debit or standing order into a repayment vehicle - such as a individual...

Pittards ditches pension scheme - Published:19/12/06

The Pittards leather firm is about to cut all links with its pension scheme and hand it over to the retirement fund Protection Fund (PPF)The Yeovil-based firm's move means 1,600 future pensioners will take delivery of only 90% of their expected pens...

Read More: Pittards Ditches Pension Scheme >>

Nationwide mortgages achieve platinum rating - Published:19/12/06

A platinum score has been awarded to Nationwide building society's mortgages at the LEX awards and is the only high road lender to have achieved such a featRepresenting a partnership between consumer research consultancy firm, Capital Blue and Lendi...

Competition Commission orders store cards to display their costs - Published:19/12/06

The Competition Commission (CC) has told store certificate providers that they should put warnings on their statements about the high levels of interest they chargeThe CC has recently conducted an investigation into amass card practices, and says th...

Xmas cutting mortgage activity, expert claims - Published:19/12/06

A combination of the arrival of Christmas and new adjustments to the Bank of England's bottom rate has led borrowers to be more cautious in the mortgage market, according to one expertBorrowers are increasingly exercising care when trying to find a ...

US and EU in airline data deal - Published:19/12/06

The US and the European amalgamation have struck a new deal for sharing airline passenger information, after lengthy talksThe interim agreement will replace a deal struck down by the European Court of Justice in May, which allowed the US its own acc...

Read More: Us And Eu In Airline Data Deal >>

Amaranth investors face pay-out delays - Published:19/12/06

All era are London time Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marks In depthBreadcrumb trail navigation:FT house > In depth > Investment banking > Hedge funds asset banking - Hedge fundsAmaranth investors fac...

Finding an affordable home - Published:08/12/06

It is no surprise that less than one in five homes are sold to first time buyers, when government info recently recorded the price of an average level in London at a record high of nearly £210,000The notion of "reasonably priced home ownership" has ...

Read More: Finding An Affordable Home >>

uSwitch criticises charges on the Lloyds TSB current account - Published:08/12/06

Changes to the Lloyds TSB present account resulting in an increased number of charges to clientele has been slammed by uSwitchThe impartial online and phone price contrast service was critical of the way Lloyds TSB has determined to show "preferenti...

Extended credit card offer from HSBC - Published:08/12/06

praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSHSBC is claiming that its revamped praise card could be a boost for consumers in the accumulate to Christmas The credit card offers nothing ...

Borrowers set up home in never-never land - Published:08/12/06

All occasions are London occasion Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your homeBreadcrumb follow direction-finding:FT Home > Your money > Your home Special Report EDITOR’S CHOICELevel of new mortgages l...

Travel insurance warning for Xmas holidaymakers - Published:08/12/06

Britons preparation to travel abroad for Christmas have been urged to make sure that they have adequate travel insurance to deal with any problemsSainsbury's Bank has issued the warning, after educational investigate which found that 119 per cent of...

Halifax Ultimate Reward current account to be launched - Published:08/12/06

The Halifax final Reward current account is to be introduced in a bid to smash up the so-called big four's dominance in the packaged current account marketOffering an interest speed of five per cent, the Halifax final Reward current account's launch...

Borrowers advised to shop around as rate holds - Published:08/12/06

The Bank of England Monetary Policy Committee (MPC) has chosen to maintain the bottom rate at 45 per centThe move is in accordance with the forecasts of many experts who believe that more time is essential to assess the impact of recent financial de...

Nationwide sterling savings rates increased - Published:08/12/06

Nationwide International has announced new interest tax for customers with variable rate sterling savings accountsThe offshore subsidiary of countrywide Building Society said that from Friday December 1st 2006, all countrywide genuine savings accoun...

Growing burden for homeowners - Published:08/12/06

The rapid go up in house prices over the past decade has left homeowners struggling to have enough money their mortgages - with a quarter of people's wages going on monthly repaymentsFINANCIAL move violently: Mortgage costs have risen substantially ...

Read More: Growing Burden For Homeowners >>

A third of pre-CTF children won't have a savings account - Published:08/12/06

Only a third of the 11 million kids who will twist 18 without a child trust fund (CTF) will have a investments account, according to the Building Societies Association (BSA)Kids with administration sponsored CTFs will not turn 18 until 2021 Until th...

Mortgage worries come with retirement, The One Account finds - Published:08/12/06

More than one homeowner in every three will need to take on working beyond retirement age in order to repay their mortgage, new research showsA review by mortgage lender The One Account found debt is keeping persons from saving, with 43 per cent adm...

Many first-time buyers can't find a mortgage, study shows - Published:08/12/06

A large number of people consider first-time buyers struggling to find a mortgage, according to new researchSome 88 per cent of Britons regard getting a foot on the possessions ladder as either "very difficult" or "more difficult than ever before", ...

Debit cards eclipse credit spending says Apacs - Published:08/12/06

Credit card expenditure continued to be displaced by purchases on debit cards over the Christmas era, payment association Apacs has revealedWith the UK facing unprecedented levels of individual debt, many have stopped to compare credit cards with wi...

Credit card users opt for cashback, study shows - Published:08/12/06

CREDIT CARDS near to the ground RATE CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSCredit cards which proffer cashback are proving popular with consumers, new investigate has revealedSome 70 per cent of custo...

Young Londoners feel mortgages are far off - Published:07/12/06

Over a third of young people in London do not expect to be able to go away home until they are over 25, new investigate from Engage Mutual Assurance revealsUnder the pressure of student money owing, 29 per cent of Londoners under 25 also do not expe...

Bank set to pay instant interest - Published:07/12/06

Lloyds TSB has said that it will now disburse immediate interest on cheques before they are clearedThe bank says it is the first in the UK to do this, in response to dissatisfaction among customers who think banks take too long to clear chequesThe O...

Read More: Bank Set To Pay Instant Interest >>

HBSC reviews bank accounts - Published:07/12/06

HSBC is reviewing nearly 300,000 client current accounts to assess whether or not they should be closedIt wanted to be sure the financial records were being used for the reasons given by the customer at the time of gapFollowing the review the bank h...

Read More: Hbsc Reviews Bank Accounts >>

Halifax Travel Insurance urges Christmas travellers to get cover - Published:07/12/06

wwwmoneynewscouk > cover > Halifax Travel cover urges Christmas travellers to get coverIt seems that Brits are shunning the option of witnessing a pale Christmas by escaping the UK in record information this yuletide and with millions of pounds wort...

AXA reports business crime increase - Published:07/12/06

Incidents of business crime during the third district of this day were up 15 per cent on the second quarter, states the AXA Business offence IndexBirmingham was found to have the uppermost business crime rate, according to the index, with 2442 per c...

interest rates stay at 4.75 per cent - Published:07/12/06

The Bank of England's monetary policy group (MPC) has kept interest rates on hold at 475 per cent at its periodical rate-setting meetingBefore today's announcement, financial experts had not been clever to decide whether the MPC would yield to infla...

John Charcol offers offsetting for all - Published:07/12/06

counterbalance deals have long been recognised as one of the best ways to lower interest spending and to reduce the time spent paying off mortgages, but until now they have often only been suitable for people with large savings accountsNow, however,...

Restoring lost pensions? - Published:07/12/06

For the past six months, the administration has been fending off stress from the Parliamentary Ombudsman, MPs and campaigners that it should compensate tens of thousands of people who misplaced their pensions when their employers went not workingSte...

Wales facing first-time buyer crisis, expert warns - Published:07/12/06

Fewer unparalleled buyers in Wales are able to find a mortgage which they can have enough money, an expert has warnedA shortage of new housing is prevalent in the country, most important to demand outstripping provide, according to the Council of Mo...

Building societies see savings increase - Published:07/12/06

More and more people are putting their investments into building societies, according to new info released todayDuring December 2005 mutuals took £1,138 million in mesh inflows, up on £998 million during the same month in 2004 Gross advances also ro...

Mortgage market still growing, research shows - Published:07/12/06

More mortgages were approved, while the size of mortgages taken out also increased, Nationwide structure Society figures showFionnuala Earley, Nationwide's group economist, said that the month saw the average dimension of a mortgage rise by 13 per c...

SkyCard launches longest 0% deal - Published:07/12/06

SkyCard, the TV credit card intended to work in a the heavens box, has launched an extended zero per cent deal on purchases and equilibrium transfer transactionsThe standard best rate is 169 per cent, and a 25 per cent contract applies to any balanc...

Read More: Skycard Launches Longest 0% Deal >>

Borrowing "relatively subdued" says BBA - Published:07/12/06

The British Banking Association (BBA) has supposed that "relatively subdued" customer spending should not be interpreted as a warning that the UK is slipping into a downturnThe comments came as the BBA issued its newest borrowing figures, showing th...

Zurich launches Sterling Discretionary Loan Plan Trust - Published:06/12/06

The Sterling Discretionary Loan Plan faith has been made available from Zurich through teamwork with its investment brand SterlingTailored towards mediators and their customers, the Sterling Discretionary Loan Plan Trust is designed to facilitate th...

Christmas is 'gruel-tide' for some, says Tesco - Published:06/12/06

The season of goodwill may not be quite that for some Britons as the amount of persons currently stressing about Christmas is around one in five, Tesco Personal Finance has supposedA study conducted by the company discovered that 22 per cent of peop...

Index says pensioners 'left with less' - Published:06/12/06

Due to the price of household bills increasing at a earlier rate than the state pension, pensioners are seeing a drop in their disposable profits, latest figures have shownThe latest Norwich Union Retirement Index shows that for the first six months...

A "million" child trust funds unclaimed - Published:06/12/06

not whole of all Child Trust Funds (CTFs), issued by the government for every youngster born after August 31st 2002, have so distant gone unused says Nationwide Building SocietyAlmost one million of the £250 CTFs stay to be cashed a year after their...

Online security endorsed by Apacs - Published:06/12/06

To ensure that they do not fall injured party to internet fraudsters this Christmas, online shoppers have been encouraged to list with anti-fraud services by the payments organization, ApacsWith plastic card expenditure set to reach a total of £3 bi...

Raging skiers miffed on the piste says Lloyds TSB - Published:06/12/06

Bad etiquette on the ski slopes is resultant in one in five skiers resorting to supposed ski rage, new research by Lloyds TSB suggestsThis winter, one million Brits are predicted to hit the slopes and the biggest cause of annoyance on behalf of skie...

HSBC Commercial Banking scoops award - Published:06/12/06

Two self-governing polls have named HSBC Commercial Banking's internet banking amenities as the best in BritainGlobal Finance magazine has named the bank as the Best Corporate/Institutional have an account in the UK in its yearly reviewFinancial web...

brits reach four-year savings high - Published:06/12/06

Brits are currently stashing absent more cash than at any time over the past four years, according to novel figures from HalifaxWe saved six per cent of our earnings over the first three months of this year, the survey found – and this is the highes...

Lloyds TSB Save the Change to be launched - Published:06/12/06

Lloyds TSB is to launch its Save the Change system early next year in a offer to encourage Brits to get into the habit of savingEvery purchase made using a debit certificate will be rounded up to the nearest pound and the excess pennies will be put ...

London boroughs proving 'pricy' for insurance - Published:06/12/06

The boroughs of Camden and metropolis of Westminster in London are the most costly areas in the UK for home insurance premiums, according to cost comparison website, moneysupermarketcomWith an average premium of £90381, Camden and the metropolis of ...

UK loyal to undeserving current account cads - Published:06/12/06

Britons display only marginally less long-term promise to their spouses than to their current accounts, Alliance & Leicester market research has revealedThree fifths of adults in the UK say that they have stuck by their current account for more than...

wag lifestyle lures nation's women - Published:06/12/06

England's earth Cup squad will not be the only group of men feeling the pain of their ill-fated earth Cup travails – because millions of their compatriots' wives seem to have been inspired by the show surrounding the footballers' wives and girlfrien...

Message to save early and save often falls on deaf ears - Published:06/12/06

All era are London time Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your pensionBreadcrumb follow direction-finding:FT Home > Your money > Your pensionEDITOR’S CHOICEBasic package wins widespread supportPension...

Chelsea improves mortgage rates - Published:06/12/06

Chelsea structure Society has announced it has reviewed its interest rates, surrounding a range of productsThose affected by the review are the buy-to-let fixed rate mortgages and the fees-assisted two-year fixed-rate remortgage productChelsea struc...

Read More: Chelsea Improves Mortgage Rates >>

House price bounce welcomes in 2006 - Published:06/12/06

home prices in the UK have started the new year with a bounce, with an average add to of £2,048 in the first week in 2006 says possessions website RightmoveThe rise is the largest in a single week since May 2004 and reverses a refuse over December, ...

£200,000 average home on the way - Published:06/12/06

possessions prices will carry on soaring next year, with the average house rising £30 a daylight hours to £196,000, according to a leading land agencyUP AND AWAY: The cost of the average home will carry on to rise next year, according to a most impo...

Portman launches 5% saver - Published:06/12/06

Portman Building civilization has announced the launch of a new branch-based investments account paying five per cent on balances of £1,000 or moreThe rate payable is guaranteed to stay above or equal to the base rate of pay until the end of 2007 an...

Abbey predicts online banking future - Published:06/12/06

The corporation has predicted that online banking is set to boom, as it is better able to suit the wants of busy entrepreneurs who do not have the available occasion to bank via traditional methodsas well, Abbey claimed that more adults will use onl...

Nationwide in 'amazing' U-turn - Published:05/12/06

Nationwide has been accused of an 'amazing' U-turn over its promise to offer novel and existing customers the same mortgage taxBROKEN PROMISE Nationwide is facing accusations that it has backtracked on a pledge to proffer all customers the same deal...

Read More: Nationwide In 'Amazing' U-Turn >>

amex launches new credit card - Published:05/12/06

American Express has teamed up with Lloyds TSB to proffer a new credit card, which it describes as a prestige card which will still be affordable for borrowersThe product will offer a range of benefits to users, counting a concierge overhaul, for a ...

Read More: Amex Launches New Credit Card >>

Legal agreements for group mortgages - Published:05/12/06

With the affordability of property becoming more and more out of reach for first-time buyers, the choice to buy a house with a friend and take out a shared or mates mortgage is being engaged by more and more people RICS (The regal Institute of Chart...

Mortgage rates rose in August, study shows - Published:05/12/06

The sum growth in mortgage prices was one per cent for the month, the Halifax House Price directory showsAlthough the total growth in mortgage prices continues, experts at the corporation consider that the market is showing signs of moderationMany e...

New Barclays mortgage in Spain - Published:05/12/06

The novel mortgage features a loan-to-value of 80 per cent - which the have an account claims is the highest it has ever offeredintended specifically for non-residents - such as Britons trying to find a mortgage overseas - the package also features ...

Read More: New Barclays Mortgage In Spain >>

A&LI one-year fixed-rate bond launched - Published:05/12/06

The offshore investments bank Alliance & Leicester International has introduced a limited edition one-year fixed-rate bond to the marketplaceMaturing on October 31st 2007, the Alliance & Leicester International one-year fixed-rate bond offers a fixe...

Alliance and Leicester announces new fixed mortgage rates - Published:05/12/06

coalition and Leicester has announced the launch of two new mortgage tax within its fixed-rate mortgage rangeBoth products - potentially suitable for first occasion buyers and repeat purchasers - are available for loans up to £250,000, with a loan-t...

Q & A: Ombudsman's report - Published:05/12/06

The Parliamentary Ombudsman has been investigating whether the government misled workers over the security of occupational pension schemesWith the Ombudsman due to account soon, BBC News explains the significance of the investigationIn November 2004...

Cashback card crash - Published:05/12/06

The number of cashback credit cards on the market is falling fast, say credit card analystsBut both the number of cards available and the best rate of return they proffer have slumped dramatically say analysts"It is now becoming increasingly hard fo...

Finance experts says ATM cash code falls short - Published:05/12/06

New rules future to make sure that no one is charged for cash withdrawal without being conscious of it do not go far enough, finance experts have saidsystem monitoring the thousands of cash machines in the UK were distorted earlier this year in an a...

Mortgage Express launches new options - Published:05/12/06

Mortgage Express has launched a novel range of two-year deals for its personality certification optionsThe company claims that strong consumer insist for self-certification mortgages has led to the launchAll of the mortgages will have a set pay rate...

M&S Money slashes loan costs 35% - Published:05/12/06

Marks & Spencer cash has announced that it is kicking off Christmas a few existence early, slashing up to 35 per cent from the cost of its proprietor loan dealsThe new deals comprise a best rate of 64 per cent on loans of between £7,500 and £25,000,...

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Abbey launches 6% current account - Published:05/12/06

Abbey has announced the launch of a present account that pays six per cent yearly equivalent rate (AER)The current account is a special offer with incomplete availability of approximately two months, and the high AER is set for a yearReza Attar-Zade...

house prices rise for third consecutive month - Published:04/12/06

The latest housing survey has exposed that house prices have greater than before by 08 per cent in August, a figure which represents the third consecutive month of growthNationwide's learn also shows that the annual rate of growth for home prices ac...

Lloyds TSB: Millions spent 'easing conscience' - Published:04/12/06

Britons are splashing out to effortlessness their guilty consciences to the melody of hundreds of millions of pounds, research by Lloyds TSB prime minister American Express Credit Card has foundThe research exposed that a total of £736 million is be...

HSBC Credit Card extends zero interest offer - Published:04/12/06

The interest-free period on balance transfers for the HSBC praise certificate has been extended until January 1st 2008Allied with this, the bank has determined to increase the interest-free period on purchases to six months as well, charitable custo...

House prices slip in June says Halifax - Published:04/12/06

House prices fell by 13 per cent over the route of June as the mini-boom which had sustained enlargement during early 2006 appeared to slip somewhat, said Halifax figuresThe bank rapidly qualified the figures by adding that house prices stay 45 per ...

Alliance & Leicester launches fixed-rate investment bond - Published:04/12/06

savings [investment property] [instant bond] [investment trusts] [offshore investment] [investment advice]Alliance &Leicester International has launched a novel limited edition one-year fixed-rate investment bond, which the company claims is "highly...

Football fans counting the cost of support - Published:04/12/06

Fans of lower association football in England have been found to spend more than £1,000 a season partisan their beloved teams, according to novel researchThe Backyourclub website, which conducted the survey, is sprint by Norwich and Peterborough Bui...

Long lives to erode pension pots - Published:04/12/06

Millions of Britons are on course for an impoverished aged age finance firm Fidelity has warnedNine out of 10 persons are at risk of using up all their retirement investments before they die, in its place having to rely on the state in their last ye...

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Bulgarian mortgage warning - Published:04/12/06

More foreign investors looking to find a mortgage in Bulgaria could be putting their cash at risk, an expert has predictedMany UK borrowers are looking to find a mortgage in the state, rather than more traditional locations such as Spain, renowned I...

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Charging Orders - Published:04/12/06

We're probably all recognizable with the line "Your home may be at risk if you do not keep up with the repayments" which applies to amount overdue secured against your home A mortgage is just one example of a tenable debt -- it prevents you from sel...

Employers Question Pension Schemes After Sackings - Published:04/12/06

proceedings at a City insurance firm have led employers to consider closing pension schemes to present employees, as well as to new workersHowever, employers may have to take drastic action in order to achieve this, as the sackings last demonstratio...

Further good news could be on the way for borrowers - Published:04/12/06

Speculation over whether or not the Bank of England will cut interest rates again has mounted with the publication of figures on consumer spendingThe August sell sales figures published by the nationwide Office of Statistics have been described by e...

New online mortgage applications launched - Published:04/12/06

Nationwide Building Society has shaped a new system which allows buyers to total their mortgage process onlineBorrowers can now find a mortgage "from the comfort of their own home," which includes choosing their product and securing the deal, the co...

Nationwide mortgages set to change - Published:02/12/06

Nationwide Building civilization is to make some changes to its mortgage variety so that first-time buyers are offered a better dealFrom next month a new put of Nationwide mortgage will be introduced and alive customers looking to remortgage will ha...

Record number predict interest rate rises - Published:02/12/06

A evidence number of people expect interest rates to rise over the next day, the Lloyds TSB Consumer Barometer has revealedSeventy per cent of respondents supposed that they expect interest rates to increase before July 2007, the highest polled by L...

First-time buyers opt for shared mortgage, study shows - Published:02/12/06

Many first-time buyers would link forces with their friends in order to find a mortgage, according to novel researchSome 93 per cent of possible first-time buyers believe that affordability will be a problem when they try to find a mortgage, the HSB...

New buy-to-let mortgage option in Spain - Published:02/12/06

UK people looking to find a mortgage in Spain or Gibraltar may wish to look at Norwich and Peterborough structure Society's newest optionsThe society has announced that it has launched a novel buy-to-let mortgage for borrowers looking for a property...

I do… take this mortgage - Published:02/12/06

trade a house has become the new ultimate commitment, supplanting marriage as a key life display of unionshipMore than a quarter of single first occasion buyers say that they are postponing buying their first house until they have found Ms or Mr cor...

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Introductory saving rates "misleading" - Published:02/12/06

Consumers should be cautious of savings accounts offering interest rates of five per cent or more, according to novel researchSainsbury's Bank claims that just eight of the 38 savings accounts which currently proffer such a deal, including its own I...

Standard Life in new mortgage offer - Published:02/12/06

Borrowers who find a mortgage with Standard Life will now be eligible to take benefit of a new individual savings explanation The savings explanation is exclusively available to customers who take out a buy-to-let, lifetime or residential mortgage w...

Rate tart myths exposed - Published:02/12/06

Credit certificate companies frequently complain that UK consumers are a state of "rate tarts" forever switching deals to take advantage of the new best rate or equilibrium transfer dealThis idea has been dealt a decisive blow by novel research, how...

More than a leg up for cash-strapped first-timers - Published:02/12/06

All occasions are London occasion Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your homeBreadcrumb follow navigation:FT house > Your money > Your home Special Report EDITOR’S CHOICEMortgage arrears fear could be...

Affordability to remain poor for first-time buyers - Published:02/12/06

Affordability is set to stay a major problem for many unparalleled buyers looking to find a mortgage, an expert has warnedMilan Khatri, the chief economist for the regal Institution of Chartered Surveyors, made the remark in the wake up of the finan...

Credit Crisis Looming For Millions Of Brits - Published:02/12/06

A recent account has warned the number of UK residents refused personal credit will increase as the UK’s customer debt problem looks put to worsenThe report released by market analyst Datamonitor, estimates that 91 million people were refused praise...

Banking with big four costs UK £2.2bn, says Halifax - Published:02/12/06

The privilege of banking with the "big four" far above the ground street chains has cost the British community £22 billion over the history five years, Halifax has estimatedThe avoidable excess charges are down to the banks reserving inferior intere...

Lettings market faces a multiple problem - Published:01/12/06

All times are London time look for News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesYOUR MONEY Your homeBreadcrumb follow direction-finding:FT Home > Your money > Your home Special Report EDITOR’S CHOICESurprise rate rise unsuccessfu...

Scottish property prices on rise again - Published:01/12/06

Property prices in Scotland are progressing to increase, prolonging the house price boom in the state, according to the Lloyds TSB Scotland House Price MonitorThe latest check shows that Aberdeen is leading the method in terms of price rises with a ...

Group Home Loans Soar 50% In The UK - Published:01/12/06

With rising house prices and home loan interest tax in the UK, one product being obtainable by the UK’s biggest bank, HSBC, is being greeted with rising interest – HSBC’s group home loansWith HSBC’s research representative that three out of every fo...

Graduates in home ownership woe - Published:01/12/06

More than not whole of all graduates say they cannot afford to buy a home, a Scottish Widows survey suggestsfar above the ground house prices combined with student debts are approaching property ownership out of the reach of manySome 10% of graduate...

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'Point-of-sale' loans come under fire - Published:01/12/06

Loans offered by retailers at the time of a buy, known as 'point-of-sale', have been subject to censure in a report by Alliance & LeicesterUp to 36 per cent of people surveyed often take out 'point-of-sale' loans for way of life improvements such as...

Fee-free banking should be student priority, expert advises - Published:01/12/06

Although iPods and free CDs are often a influential draw, students should focus on the best banking alternative for them, claims moneysupermarketStudents are also advised to shop around carefully to find the right banking option before they skull to...

Vega insists it is 'strong and stable' - Published:01/12/06

All occasions are London occasion Search News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesCOMPANIES Financial servicesBreadcrumb trail navigation:FT house > Companies > By sector > Financial servicesEDITOR’S CHOICEJohn Mack told he w...

New buy-to-let mortgage from Britannia - Published:01/12/06

Britannia Building Society has launched a new buy-to-let manufactured goods designed for landlords looking to find a mortgage The corporation states that landlords looking to find a mortgage to extend their portfolio will be "delighted" with the new...

Debt Free Direct profit explosion raises Iva anxiety - Published:01/12/06

Insolvency advisor Debt Free Direct has highlighted the ongoing load of debt in the UK with a prediction that it will beat income forecasts by more than ten per cent this yearThe company, which arranges person voluntary arrangements (Ivas) and helps...

State pension alert - Published:01/12/06

About a quarter of a million people who make unpaid National Insurance contributions (NICs) each day should think again, the government has saidThe advice, posted on the HM income and Customs website, follows proposals for pensions improvement annou...

Mortgage lending breaks £1 trillion glass ceiling - Published:01/12/06

Mortgage lending in the UK has passed the one trillion hit barrier and now stands at a massive £1,006,796,000,000 the Bank of England has revealedThe psychologically important figure was breached in May supposed the Bank of England, as UK householde...

Lone Star buys Japan consumer lender - Published:01/12/06

All times are London time Search information in the FTcom siteSearchSearch Quotes in the FTcom siteQuotesCOMPANIES Asia-PacificBreadcrumb trail navigation:FT house > Companies > By region > Asia-PacificEDITOR’S CHOICEJapanese banks look at next enla...