rates cut for fixed-rate mortgage deals - Published:01/01/08
The online bank first direct has launched two 'incomplete edition' two-year fixed-rate mortgage counterbalance products with interest rates of 559 per cent and 599 per cent, it has announcedcounterbalance mortgages allow clientele with significant sums put by in savings accounts to transfer the interest those savings build up in the context of higher interest rates to 'offset' their mortgage expensesThe move comes shortly after the Yorkshire structure Society announced a cut in the rates on all its fixed-rate products, offering house movers and remortgagors a combination of a far above the ground rate with a near to the ground fee, or vice versaHSBC meanwhile this week took an innovative step, bringing 'fixed-rate deals' to the house insurance market by freezing home cover premiums for its mortgage customers for the next five yearsclientele concerned about the rising cost of home cover in the wake of the recent flooding across the UK may appreciate the extra constancy, the bank's head of insurance propositions Dennis Smith explainedTerms of employ Advertising Resources manufactured goods guides Press releases.
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More Brits using online banking, expert says - Published:16/10/07
The number of UK consumers captivating advantage of online banking services is increasing, one expert has claimedIan Robinson, a senior researcher for consumer watchdog Which, said that his solid conducts an annual survey to assess the information of individuals using online banking, which has revealed a "considerable rise"Additionally, the enlargement in broadband proliferation has helped to make easy this expansion of online banking usage, while the expediency and range of services offered by banks on the web continues to make sure its popularity, supposed Mr Robinson"The most recent figures from Apacs [the UK payments association] show that they're estimating 18 million people are banking online now, which is a enormous number when you think of how it's grown over the last few years," he remarkedFigures cited by the specialist also revealed that consumers are opting to carry out more complex armed forces via online banking portals, with organization direct debits (77 per cent), creating standing instructions (86 per cent) and money transfers (97 per cent) all popularCoventry Building Society lately claimed that its novel online savings accounts are specifically tailored to meet the needs to an developing customer base who feel increasingly confident using online servicesmonetary services provider unveils online banking element for student account - get married, 20 Jun 2007More Brits using online.
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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 equity plans or individual savings accounts - without these, borrowers could be facing a "dangerous" situation, claimed Ray Boulger, senior technological manager at John CharcolThe expert commented in the wake of a account into interest-only mortgages conducted by the monetary Services Authority, which recognises that a solid repayment diagram could be vital for these borrowers"It is very easy to convince oneself that putting off repaying a mortgage is OK when there are always so many other demands on one's cash," he remarked"Thus it is important to be realistic about the mortgage repayment diagram, both in respect of the method and the timing"The Financial military Authority's account found that ten per cent of borrowers with interest-only mortgages had only "a rough idea" of how they were going to pay back the loanToday's Most Popular marks Mortgage Enquiry Form Need Life Insurance ------ Mortgages - in order Mortgages - house ------ Financial Services - houseNone of the information on this website is future to promote any specific mortgage product or give mortgage advice Mortgagescouk is a non-regulated trading name of Financial Services Net Ltd[Terms & Conditions]more sites:car insurance| home insurance | inexpensive flights | ink cartridges |.
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