Financial News Articles | Archive - November 2006

Face-to-face financial advice important, finds Prudential - Published:30/11/06

wwwmoneynewscouk > General finance > Face-to-face monetary advice important, finds PrudentialWhile many of today's older consumers be familiar with what the internet can offer in terms of monetary information, it seems human communication is still p...

Time to take a stand - Published:30/11/06

Thousands of endowment policyholders may have now weeks to register mis-selling complaints - or lose the chance of getting recompense for everMajor insurers including Prudential, Standard existence, Norwich Union and Friends Provident have imposed o...

Nationwide launches new investment bond - Published:30/11/06

[investments] [investment property] [instant tie [investment trusts] [offshore investment] [investment advice]The new guaranteed equity bond, will return the original asset plus ten per cent, or up to 55 per cent pf any enlargement in the FTSE 100, ...

savings on premier accounts questioned - Published:30/11/06

Doubts have been raised concerning the savings being promised by banks offering value added account packagesSpeaking to BBC Two's operational Lunch, writer for Which periodical Mike Naylor said that one viewer had just got into contact with him abou...

50% surge in 'mates mortgages' - Published:30/11/06

THOUSANDS of first-time buyers who cannot have enough money homes in London are joining forces with friends in 'mates' mortgages'Britain's main bank, HSBC, said it has seen a 50% rise in collection loans These allow up to four friends to club togeth...

Read More: 50% Surge In 'Mates Mortgages' >>

Property in market towns is more expensive - Published:30/11/06

The UK's largest mortgage lender Halifax has announced the answer of novel research, highlighting higher average house prices in market towns than their neighboursResearch by the lender showed that a higher standard property price can be found in 73...

Warning given over travel insurance - Published:30/11/06

Britons could be "risking their health" by taking out insufficient travel cover cover, an expert has warnedTravel cover policies offered by travel agents may not provide adequate defence against factors such as pre-existing medical conditions, Direc...

Alliance & Leicester offers fast track guarantee for mortgages - Published:30/11/06

Alliance and Leicester Mortgages has launched a quick track guarantee for its major residential mortgage rangeThe deal is available for all next time buyers looking to find a mortgage and homeowners looking to find a remortgage fitting sure criteria...

Premium Bonds celebrates 50th year with multiple-million giveaway - Published:30/11/06

Premium Bond's worker National Savings & Investment (NSI) has announced that it is to make ten persons millionaires to celebrate its 50th birthdayThe first batch of five will be selected at random by Ernie the Premium Bond computer to rejoice the fo...

Britons get mortgage risk warning - Published:30/11/06

Britons could be at risk of behind their homes because too few have adequate savings or cover, an official report has warnedThe research reveals one in three borrowers has only a four month savings "pillow" to cover their loanThe study for the Offic...

First-time buyers forced to gazunder, expert claims - Published:30/11/06

Mortgage affordability pressures are leading unparalleled buyers to gazunder more often - which means to decrease the offered price shortly before the contracts are exchanged on a property This has been a growing factor on the UK property marketplac...

UK failing to cash in on credit cards - Published:30/11/06

The UK is failing to get the most out of its credit cards by not redeeming all the loyalty points card holders are due, claims research by Morgan Stanleynow 32 per cent of cardholders who are due a reward in fact claimed them, said the investigate, ...

Young Britons want to find a mortgage in Spain, study shows - Published:30/11/06

Many young UK people would like to find a mortgage on a property in Spain, according to new investigateBuying a possessions abroad is no longer a luxury which is reserved for big generations, with many young Britons willing to find a mortgage in Eur...

Payment insurance poor value, confusing and doubles credit costs says OFT - Published:30/11/06

Payment protection cover supplied with loans offers poor value, is puzzling, and often doubles the cost of borrowing, the Office of Fair Trading (OFT) has foundPayment defence insurance is intended to cover that loan payments are covered in case the...

Three million at risk of loan sharks, warns report - Published:30/11/06

Millions of people in the UK are at the danger of declining prey to homeowner loan shark deals as they are unable to access loans or credit from usual banks, warns a new reportThe Housing Corporation is caution that almost three million persons are ...

Brits urged to shop around for travel insurance - Published:29/11/06

UK holidaymakers should be more cautious when selecting a travel insurance rule, an expert has claimedTravellers could run the risk of being underinsured or having their claims discarded, warned James Harrison, chief executive of insurancewidecomA n...

House price growth cooling - Published:29/11/06

The rate of house price growth refrigerated slightly last month as buyers and sellers' expectations for further price rises cut downThe Nationwide supposed house prices grew by 07% during the month, down from the 13% rise in September The average ho...

Read More: House Price Growth Cooling >>

Lloyds launches budget jetsetter card - Published:29/11/06

Two of the biggest names in individual finance have produced the co-branded Lloyds TSB Premier American state Credit CardThe card is pitched as an affordable prestige certificate, offering for its £495 monthly fee a range of "lifestyle" extras inten...

HSBC announces clampdown on overdraft borrowing - Published:29/11/06

HSBC has announced that it is to launch an "annual reconsider" of all customers' overdrafts to clampdown on customers routinely borrowing over their limitRepeat offenders will countenance having their overdraft limits slash, HSBC announced, in what ...

halifax launches high interest current account - Published:29/11/06

High street lender Halifax has announced the open of a new current account, with a five per cent annual speed of interest on balances up to £2,500The launch of the new explanation, available to both new and existing customers, is being accompanied b...

Britons face home insurance nightmare over flooding - Published:29/11/06

More than half of Britons affected by flooding have insufficient home insurance to cover the injure, new research has revealedSome 52 per cent of those affected found that their home insurance policies did not wrap damage such as structural problems...

customers urged to drive a hard bargain on car finance - Published:29/11/06

Almost not whole of people choosing to finance the purchase of a car are taking on loans with an uncompetitive speed of interestAccording to Alliance & Leicester, while 47 per cent of respondents who participated in a census were taking on expensive...

AA Insurance: Monday 27th is Britain's unluckiest day - Published:29/11/06

While Friday 13th may strike terror into many a person's heart, it is in fact Monday 27th that is Britain unluckiest daylight hours, with more insurance claims being made on this daylight hours than any other on the calendarThis is the conclusion of...

popular savings account rate boost - Published:29/11/06

Britannia structure Society is offering savers an extended rate guarantee on one of its popular economy accountsThe telephone-based DirectSaver account, which offers investors 45 per cent on a smallest amount amount of £1,000, at present has a guara...

Who pays for our pensions? - Published:29/11/06

The forthcoming report of the Pensions Commission could trigger some basic alterations to the pension system in this countryThe commission was set up by the government in 2002, under the leadership of Lord Adair TurnerIts aim is to create recommenda...

Read More: Who Pays For Our Pensions? >>

Interest rate increases: not out of woods yet says Bank - Published:29/11/06

have an account of England figures have indicated that a further increase in the base rate of interest before the end of the year is a very real risknext last week's 025 per cent increase in interest tax, a Bank of England report on inflation has wa...

Chip and pin slashes fraud says Apacs - Published:29/11/06

Chip and pin has proved a important success in its first full day of operation, payment services company Apacs has claimedCredit and debit certificate losses to fraud are down by £65 million, or 24 per cent on 2004, to £439 million reports ApacsMail...

Eviction that's no game show - Published:29/11/06

AS Big Brother housemates Richard and Jayne face eviction chomp time tonight, a leading aid organization is launching a campaign to emphasize the plight of the 135,000 households that face the danger of homelessness in real-life For them, says Shelt...

Read More: Eviction That's No Game Show >>

Credit card charges hit millions in the UK - Published:29/11/06

novel research from Moneyexpertcom has revealed that nearly five million people in the UK were strike by credit card penalty charges last yearThe analysis, undertaken with Defaqto, found that one in nine UK residents had faced the charges from their...

New cheque checks - Published:29/11/06

The longstanding custom of writing cheques made owed only to a have an account or a building society is set to change at the finish of SeptemberInstead, many banks are to begin requiring extra details about the beneficiary of a cheque, such as a nam...

Beware large flat fees on mortgages - Published:28/11/06

Attractive caption interest rates are not the only thing prospective homeowners have to consider when choosing a mortgage There are a number of other hidden expenses that to the untrained eye may not be obvious Many mortgage lenders now keep intere...

Post Office credit card free to use abroad - Published:28/11/06

The Post Office credit card now offers customers a better deal when using the certificate abroad due to the removal of commission chargesOther features of the Post Office credit card include an extension of the interest gratis period on balance tran...

Personal lending dips as consumers heed debt advice - Published:28/11/06

Consumer caution is earmarked in a novel report as the reason why lending for individual loans has decreased for the moment quarter of this yearThe report, issued by Nationwide Building Society, is the first report of its type to separate personal l...

Scottish Widows Own Overseas remortgage launched - Published:28/11/06

Scottish Widows has introduced a new remortgage manufactured goods to the marketplace aimed at UK citizens who are planning on purchasing possessions in SpainThe Scottish Widows Own Overseas remortgage package enables customers to choose from a sequ...

Mortgages continue to climb despite rate rise - Published:28/11/06

imposing was a record month for mortgage lending, with a shape of £62 billion for August according to the British Bankers Association The figure indicates that the surprise interest speed increase has done small to prevent homebuyers climbing th pro...

Interest rates held at 4.75% - Published:28/11/06

Interest tax have been left unchanged at 475% following the Bank of England's latest meetingThe move was extensively expected although borrowers and the markets had been jittery over the view of another speed riseIn August, the Bank had raised borro...

Read More: Interest Rates Held At 4.75% >>

Direct Line Travel Insurance warns over 'improperly sold insurance' - Published:28/11/06

wwwmoneynewscouk > Insurance > Direct Line Travel Insurance warns over 'improperly sold insurance'Insurance sold to holidaymakers by journey agents is in some cases unsuitable and may be posing a risk to their health, according to Direct Line Travel...

The Best Investing Strategy - Published:28/11/06

A novice investor recently asked me what I consideration was the most excellent share investing strategy to follow I hesitated for a bit and then admitted that there is no right or wrong strategy -- now one that suits youTo prove my point, I told hi...

Read More: The Best Investing Strategy >>

Making financial gifts to children - Published:28/11/06

Your child or grandchild may want the newest toy this Christmas, but how about giving them a present that will assist their financial futureGifts of the financial variety might have a longer lasting impact It may encourage brood to save or start a f...

Nationwide to raise mortgage rates - Published:28/11/06

Nationwide Building Society has announced that it will add to its base mortgage rate by 025 per centThe move comes in the wake of the have an account of England's recent decision to raise the bottom rate of interest to five per centHowever, the soci...

two thirds of financial advisers not 'making the grade' - Published:28/11/06

Less than a third of financial advisers are passing all the benchmarks to be deemed to be as long as "good advice", according to a new studyAn investigation approved out by Which has found that of tied advisers who mostly work for far above the grou...

survey reveals healthy state of housing market - Published:28/11/06

The latest home price figures from Nationwide show that, despite the heat, values sustained to rise unabatedly â€“ having reached the highest figure for annual growth since demonstration 2005July saw a 08 per cent standard house price growth, the su...

Buy-to-let investment still strong, expert claims - Published:28/11/06

Buy-to-let mortgage investment has sustained its growth over the last six months, an specialist has claimedMortgage lenders provided £175 billion to buy-to-let investors in the period, stated Keith Astill, supervision director of UCB home loans Mr A...

7m of us 'too poor to afford a home' - Published:28/11/06

One in eight of us can no longer afford to buy a house, according to one of Britain's biggest banksMore than seven million persons say house prices have risen too high for them to get on the property ladder, the research by Abbey showedAnd a further...

Remortgaging advice released - Published:28/11/06

A new book that has advice for remortgaging your home has been released by the Citizens Advice government department and PenguinThe Citizens Advice Handbook has in order on tackling everyday queries and trouble, with special advice on the legal and ...

Read More: Remortgaging Advice Released >>

New low-interest loans offers - Published:28/11/06

Lloyds TSB is offering great novel loans offers for those who purchase online, the have an account has saidThe best loans are to be had online, and the great near to the ground rate is only available during SeptemberThe bank also promises rapid and ...

Read More: New Low-Interest Loans Offers >>

Get insured for winter sports says Post Office - Published:27/11/06

A third of all insurance claims made by those who like to indulge in chill sports such as skiing are for check-up bills, highlighting the need for a good insurance rule, according to Post Office Travel ServicesSpecific expenses incurred due to enjoy...

Your Move boss in lending quiz - Published:27/11/06

There is no dispute about his ability to make cash He became almost £20m richer last week after buoyant Your Move, Britain's third-biggest land agency chain, for £211m But Simon Embley has a rather more unwanted habit of attracting enemies and hosti...

Read More: Your Move Boss In Lending Quiz >>

Nationwide: house prices increase £30 a day - Published:27/11/06

Since 2005, UK possessions prices have increased by £30 per day, novel research by the Nationwide building society has foundNationwide's regional cost index shows that the average house cost rose from £157,627 last year to £168,460 in 2006, while a ...

SMEs reminded of Christmas cost by Lloyds TSB Business Insurance - Published:27/11/06

wwwmoneynewscouk > cover > SMEs reminded of Christmas cost by Lloyds TSB commerce InsuranceLloyds TSB commerce Insurance is reminding small firms to make an precise assessment of the impact of the festive period on their dealingsWith only seven week...

HSBC adds Gift-Aid to card donations - Published:27/11/06

HSBC, which last November became the first UK cash mechanism operator to allow its customers to make donations through cash machines, has additional Gift-Aid to its servicesThe bank also announced that customers have donated a total £100,000 while b...

Pet Insurance deal for Sainsbury's customers - Published:27/11/06

Sainsbury's Bank is offering a special rate on their make a fuss of cover for customers who apply online before October 10th this yearThose who employ the website to purchase their pet health insurance before this day will receive a ten per cent dis...

People not claiming for vandalism, says Direct Line - Published:27/11/06

For terror of losing their no claims bonus and facing the prospect of paying senior premiums, people are failing to claim in the occasion of vandalism, said a spokesperson for Direct LineHowever, living in the five supposed vandalism hotspots of Bir...

Payment protection comes under FSA spotlight - Published:27/11/06

All era are London time Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksYOUR MONEY Your insuranceBreadcrumb trail navigation:FT Home > Your money > Your insuranceEDITOR’S CHOICEWatchdogs to launch new buying guide...

Affordability gap shrinking says A&L - Published:27/11/06

Rising pay and cheaper mortgage deals are finally beginning to bridge the housing market's deep affordability gap, Alliance & Leicester has claimedThe two factors have been enough to hide housing cost rises seen over recent months and led to increas...

A third of all homeowners would be better off offsetting, says IF - Published:27/11/06

A third of all homeowners would get the best mortgage rate from an counterbalance mortgage, claims Intelligent FinanceOffset mortgages allow homeowners to count the value of their present and savings accounts against the value of their home, woundin...

EDS AXES 90 UK STAFF - Published:27/11/06

Britons cut out the credit - Published:27/11/06

Despite the most excellent inducements and blandishments of credit card companies, Britons are intending to cut a large amount of borrowing from their lives, a new review revealsThe latest Morgan Stanley credit card index has shown that UK borrowers...

Read More: Britons Cut Out The Credit >>

Unloved and unused: millions of credit cards languish - Published:27/11/06

Millions of adults in the UK are awkward their wallets with plastic that never gets used, supposed a Morgan Stanley surveyThe average adult keeps 21 credit card on their being at all times A quarter have cards that they have not used for the past y...

30 second guide to... house price indices - Published:27/11/06

THE Daily Mail City side give their view on the propagation of house price surveys with a quick overviewBRITAIN'S property boom has fed an enormous appetite for housing marketplace data, spawning a cottage industry for economists and figure cruncher...

New guaranteed investment option from the Coventry - Published:27/11/06

[investments] [investment property] [instant bond] [investment trusts] [offshore asset [investment advice]In partnership with praise Suisse International and Key Data Investment Services incomplete, the building society has offered the new four-year...

oft: credit card charges to be cut - Published:27/11/06

The Office of Fair Trading (OFT) announced yesterday that praise card companies would be cutting their non-payment charges by up to 50 per centFollowing an inquiry by the administration watchdog earlier this year into not on time payment charges, a ...

New mortgages launched by Woolwich - Published:24/11/06

Woolwich has introduced a new mortgage that is a combination of both fixed-rate and tracker mortgages in order to help clientele in the wake of the recent Bank of England base speed riseFixed for the first two years at a rate of 519 per cent, the Wo...

First-time buyers urged to protect their money - Published:24/11/06

The Post Office has warned first-time buyers that they are captivating a risk by not captivating out an insurance policy to cover their mortgage payments should they become unable to get together their chargesAlmost of half of those surveyed (45 per...

NatWest Fixed-Rate Bond introduced - Published:24/11/06

The NatWest Fixed-Rate Bond has been launched by the bank aimed at those customers who are wishing to see a guaranteed rate on their asset during next yearWith an interest speed of 525 per cent paid on the maturity of the bond, the limited version N...

Mortgage lending still strong, figures show - Published:24/11/06

Gross mortgage lending continues to go up in the UK, according to recent figures from the Council of Mortgage Lenders sum mortgage lending reached £304 billion in July, which is the second uppermost figure ever recorded and the strongest growth ever...

PACKAGED ACCOUNTS CAN HIDE NASTY SURPRISE - Published:24/11/06

IF you're one of the near-11million Brits with a "packaged" have an account account, it may be time to ditch itThese accounts, which cost an average £140 a year, offer free military, such as travel insurance, commission-free money and car breakdown ...

HSBC breaks rate promise - Published:24/11/06

HSBC has scrapped a mortgage promise to keep its standard variable speed at just 1% above the Bank of England base speedBROKEN PROMISE: HSBC has reneged on a a vow that its satandard variable rate would not go senior than 1% above base rateAnyone ca...

house price inflation 'moderating' - Published:24/11/06

House prices rose by one per cent in imposing, according to the latest house price directory from HalifaxThe group believes that last month's info are evidence of a moderating market, with the overall add to in house prices over the three months fro...

Barclays announces £250k social credit fund - Published:24/11/06

Barclays has today announced the launch of a £250,000 finance intended to assist local community finance organisations (CFO) fight the threat of loan sharksThe bank is creation £250,000 in grants of up to £35,000 obtainable to reward grass-roots com...

Improved Alliance & Leicester mortgages introduced - Published:24/11/06

The Alliance & Leicester buy-to-let and self-certified mortgages have been revised, offering clientele an improved dealThe bank now provides 115 per cent buy-to-let mortgage rental cover on three divide tracker manufactured goodss as well as the thr...

Savings raided to pay for hols - Published:24/11/06

It appears that Britons are seeking sunnier climes as a boost to winter blues, according to new research by Birmingham MidshiresA district of people in the UK have been found to have reserved a holiday or weekend break during the last three months a...

Read More: Savings Raided To Pay For Hols >>

Q&A: Mortgage regulation - Published:24/11/06

Since 31 October 2004 the sale of mortgages has been overseen by the City watchdog, the Financial military Authority (FSA) Mortgage regulation brought some important changes for customers BBC News explains what protection mortgage rule offersThis is...

Brits urged to think about foreign mortgages - Published:24/11/06

When looking to find a mortgage in the country, UK residents should examine what experience and lifestyle they are looking for before selecting a site, warns Ailse McFarlane, the managing director of Spanish LivingSome areas offer a figure of job op...

House prices continue to climb, says survey - Published:24/11/06

House prices in England and Wales have sustained to rise for the second successive month, says website RightmoveMortgage lending has also stayed floating, sustained by people re-mortgaging to find the most excellent mortgage rateThe survey examined ...

Interest rate warning for borrowers - Published:24/11/06

UK homeowners paying the criterion variable rate on a mortgage could countenance higher premiums if the Bank of England raises interest tax this week, an expert has warnedCollectively, these borrowers could countenance price rises of £43 million if ...

Interest-free deals explained - Published:24/11/06

The phrase 'interest-free' is often plastered across shop windows and can be very tempting if money is tight But is the offer of an interest free loan all that it appearsIf you follow the letter of the agreements emotionally involved to these 'buy n...

Read More: Interest-Free Deals Explained >>

Barclays rethinks elderly travel insurance - Published:24/11/06

Barclays has announced an "enhanced" policy for big travellers looking to buy travel insuranceNew or existing customers will be able to take advantage of an extended age boundary to 79 for multi-trip travel insuranceThe package, part of the Addition...

New fast-track mortgages from Woolwich - Published:23/11/06

Woolwich has announced that it is introducing a novel fast-track system for buy-to-let investors looking to find a mortgage The new system income that proof of income will not be required for mortgages up to £500,000, to a maximum of 75 per cent of ...

Extra Christmas cover offered by Tesco - Published:23/11/06

Tesco Home Insurance has declared that it is to increase the Christmas cheer in terms of satisfying its customers with the announcement that it will increase inside cover over the celebratory periodFrom December 1st until January 15th, the insurer w...

Health insurance not in competition with NHS, expert claims - Published:23/11/06

Health insurance companies are not in a straight line in competitions with the NHS, one expert has claimedBad information in the press about the standard of gratis healthcare in the UK would not be a factor for most persons when opting for health co...

first-time buyers overstretching - Published:23/11/06

A big number of first-time buyers are so overstretched that they could end up losing their homes within not whole a year, according to a worrying account from the Post OfficeIt showed that 48 per cent of novel homeowners would not be able to get tog...

Read More: First-Time Buyers Overstretching >>

Mortgage lenders raise rates - Published:23/11/06

Following the Bank of England's statement earlier this month that it would be raising the bottom rate, two more high street mortgage lenders have announced that they are rising their standard changeable mortgage ratesThe Royal Bank of Scotland and N...

Read More: Mortgage Lenders Raise Rates >>

Russia turns screw on Georgians - Published:23/11/06

Russia has ordered a onslaught on Georgian-owned businesses and tighter visa measures as part of the nations' rising diplomatic disputeRussia's assembly has backed tough sanctions against Georgia, which President Putin accused of "blackmail"rising t...

Read More: Russia Turns Screw On Georgians >>

Lloyds launches budget jetsetter card - Published:23/11/06

Two of the biggest names in personal finance have shaped the co-branded Lloyds TSB Premier American state Credit CardThe card is pitched as an affordable prestige certificate, offering for its £495 monthly fee a range of "lifestyle" extras intended ...

Bank of England predicted maintain interest rate - Published:23/11/06

Experts forecast that at the upcoming Bank of England Monetary rule Committee (MPC) meeting members will maintain the interest rate at 45 per centSpeculation has been rife over what the MPC will decide given disappointing financial data including sl...

Warning over charity credit cards - Published:23/11/06

CREDIT CARDS LOW speed CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSConsumers have been warned that donating to charity via a credit card should not come at the expense of a competitive interest rate Many ch...

Homeowners told, 'check insurance policies this Christmas' - Published:23/11/06

Customers are being urged to check the little print of their cover policies to ensure that their Christmas presents are fully enclosed this yuletide seasonSome insurance providers such as Tesco, Churchill and esure have been found by Moneysupermarke...

Save regularly for 'brighter future' - Published:23/11/06

The merits of using regular savings accounts have been inscribed by Hargreaves Lansdown, a UK asset management provider, stress the reimbursement that can be gotten by young people saving regularlyYoung investors could take benefit of a range of hig...

Card firms 'interested' in imposing charges - Published:23/11/06

Credit card customers could now countenance rising interest rates should they consistently fail to create their payments on time, new research from Defaqto suggestsAllied to this, yearly fees are a probability says Defaqto in the wake of the Office ...

Who's To Blame For Record Number Of Insolvencies In The UK? - Published:23/11/06

Recent news relating to the consumer credit manufacturing in the UK has not been good Only last month Barclays had to cancel £1 billion in bad debts - where the lender accepts that there is small or no chance of being repaid the money they borrowed ...

Card spending continues to soar - Published:23/11/06

Card spending in the UK continues to increase, attainment an all-time high, new research has exposedA cumulative amount of £470 billion was spent by Britons on credit, withdrawal and store cards in 2005, up from the preceding year's total of £437 bi...

Read More: Card Spending Continues To Soar >>

ALIL island easy access account rate increase - Published:23/11/06

The offshore investments bank, Alliance & Leicester International (ALIL), has upped the interest speed on its island easy access accountA novel rate of 505 per cent gross AER is now available on the explanation, which represents a rise of 025 per ce...

men count cost of beer bellies - Published:23/11/06

British men's savings accounts take a rough treatment of £1,144 every day – in the form of their outlay on beer and post-pub snacksPruHealth's survey showed that a characteristic British mate shells out £22 a week on alcohol and night-time scran suc...

Read More: Men Count Cost Of Beer Bellies >>

Property 'no alternative pension' - Published:23/11/06

Homeowners believing their possessions will generate enough money to provide for their retirement could be in for a shock, economic experts have warnedOne out of every five retired people living in poverty owns a possessions worth more than £100,000...

Surveyors remain downbeat on property prices - Published:23/11/06

Surveys by Halifax, Rightmove, the Financial era and Hometrack have all reported February home price increasesThe only downbeat assessment until now has been from Nationwide, which reported wounded following a large rise in Januaryinfo collated from...

Coventry launches market leading 5.10% current account - Published:23/11/06

Coventry structure Society has catapulted itself to the top of the best buy tables with the novel Coventry First market-leading current accountThe new manufactured goods pays 510 per cent on all balances up to £250,000, the best current account spee...

Prices of country homes soar - Published:23/11/06

HOT PROPERTY: Country cottages, manor house houses and farmhouses are the latest must have for rich foreignersBut now they are being lured by the attractions of rural livelihood - with the result that the owners of homes in the state are finding the...

Read More: Prices Of Country Homes Soar >>

Ethics as important as returns say savers - Published:23/11/06

A new generation of savers are increasingly looking for moral value from their savings in addition to the best tax obtainable to them, claims Friends ProvidentMany are now more aware of the implications of their choices when shopping, recycling or c...

brits want face-to-face banking - Published:23/11/06

novel research from Britannia has revealed that Brits are becoming increasingly angry with foreign call centres through which their financial affairs are often handled â€“ and would similar to to carry out their banking face-to-faceIt shows that 61 ...

Read More: Brits Want Face-To-Face Banking >>

Tracker mortgages poised to become best deals - Published:21/11/06

Tracker rate mortgages are balanced to become the best valuable deals in the market as cash market movements increase the prices of set rate deals, says the WoolwichMany providers are planning imminent hikes to their fixed speed offers as a measure ...

Less Britons find a remortgage, figures reveal - Published:21/11/06

Levels of remortgaging are at their lowest in five natural life, data made available by the Council of Mortgage Lenders has exposedEquity release mortgages accounted for 30 per cent of the market's total worth in September, which is down from 42 per...

Post Office Fiveyear Saver offers "guaranteed return" - Published:21/11/06

The Post Office Fiveyear Saver has been launched, offering clientele a certain return on their investment and further opportunities for profit linked to the FTSE 100 IndexWith the Post place of work Fiveyear Saver, a fixed term deposit tie over five...

Norwich Union Global Property Fund introduced - Published:21/11/06

Norwich Union Global Property finance has been launched in a bid to give its customers the possibility to invest in property in North America, Asia, Australasia and EuropeThe new finance will be available to customers on November 27th this day and i...

Should we borrow in euros? - Published:21/11/06

We are considering buying a possessions in Southern Spain for £150,000 Our house in the UK is worth £250,000 with a £60,000 mortgage exceptional, we have a £10,000 deposit to invest and our combined profits is £65,000Initially we though it would be ...

Read More: Should We Borrow In Euros? >>

SENDING OUT RIGHT SIGNALS - Published:21/11/06

bar chiefs gave the green light to six signalling contracts the past Network Rail signed deals worth £413million with four contractors, Siemens, Atkins bar, Alstom Transport and Westinghouse bar SystemsNetwork bar major projects director Simon Kirby...

Motorists - beware of clock change says Lloyds TSB - Published:21/11/06

Britain's motorists have been warned to have their wits about them when taking to the road between 15:00 GMT and 18:00 GMT this SundayDue to the clocks leaving back, Lloyds TSB has issued a caution that car accidents could rise on Sunday between the...

HSBC helps to give - Published:21/11/06

HSBC is pioneering a new way of charitable to charity, enabling persons with HSBC or First Direct accounts to make an electronic donation free of charge in a straight line from its cash machinesAnd all money donated will bring financial reimbursemen...

The high-price of the good life - Published:21/11/06

contentment is a place called Elmbridge The leafy area of housing Surrey has been named as having the best quality of life in BritainA mineral's through from London, the district is home to figure of commuter-friendly towns where earnings of £1,112 ...

Read More: The High-Price Of The Good Life >>

students mustn't be swayed by gifts, says barclays - Published:21/11/06

Students need to be known good, tailored advice when looking at gap a new bank account, according to Barclays' head of student and graduate bankingtwist Hamilton was speaking after a new survey focussed on the number of 'gimmicks' used by banks and ...

Student Barclaycard condemned for irresponsible lending - Published:21/11/06

Debt campaigners have condemned Barclaycard after it announced that it has doubled the amount of credit on offer on its scholar cardThe Student Barclaycard will now offer scholars an immediate £600, twice last day's £300 limit, charging 149 per cent...

Alliance & Leicester urges first-time buyers to clear debts - Published:21/11/06

Alliance & Leicester's manager of mortgages, Stephen Leonard, has advised first-time buyers to clear their outstanding amount overdue before they think about buying a possessionsA study undertaken by the bank shows that three out of every four prosp...

britons increasing savings funds - Published:21/11/06

Britons have double the recommended amount in their savings accounts, new research has suggestedinfo released by Birmingham Midshires show that the standard Briton has more than £7,500 in savings, enough to allow them to survive for about 167 rainy ...

Read More: Britons Increasing Savings Funds >>

Finding out more about your pension - Published:21/11/06

The state pension is the bedrock of most people's departure provision On standard, the over-75s derive nearly 60% of their total profits from the state pensionThe government has said that it wants the state pension to stay at the heart of persons's ...

Short-term gain, long-term pain - Published:21/11/06

THE decision to take short-term gain without examination for long-term pain could be leading homeowners into costly long-term mortgagesIncreasing information of first-time buyers struggling in the direction of get on in the direction of the property...

Read More: Short-Term Gain, Long-Term Pain >>

advice offered on shopping around without damaging credit ratings - Published:21/11/06

UK customers have been warned this week that shopping around for financial products such as credit cards, loans and mortgages can have a damaging result on their credit ratingConsidering what products are available before committing to them, however...

One million use Capita ID theft protection service - Published:21/11/06

A deal between Capita Insurance Services and Retired Insurance Advisory Service (RIAS) is to consequence in more than 800,000 people receipt the Capita identity theft recovery serviceCapita therefore provides ID theft protection to around one millio...

Londoners most indebted, says survey - Published:21/11/06

Residents in Britain's capital are amongst the most grateful in the state, a survey as foundLender MyCallcredit has that London appeared multiple times in its top 20 of the most grateful areas in the UKEast Londoners topped the list, and were follow...

Amaranth outlines its liquidation plans - Published:21/11/06

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

Woolwich City Bonus mortgage to be introduced - Published:20/11/06

The Woolwich discount tracker mortgage, dubbed the City gratuity mortgage, is to be meant at individuals expecting a bonus in the new yearThe main groups targeted by the Woolwich City gratuity mortgage will be bankers, brokers and consultants as the...

Car owners 'serving criminals valuables on a plate' - Published:20/11/06

Britain's motorists are helping thieves steal from them of over £3 billion, new research by Post Office Car cover showsA total of £33 billion in loot left in cars is being taken each day by criminals from around 25 million car owners across the UKAm...

lifetime mortgages go towards home improvements - Published:20/11/06

More than three-quarters of persons choosing to free up money from their house with a lifetime mortgage choose to spend the extra cash on home improvements, new figures proposeA report on Norwich Union Lifetime Mortgage customers reveals that 77 per...

nationwide increases savings rates - Published:20/11/06

Nationwide has announced that it will be increasing the interest rates on many of its investments accounts from September 1stThe e-Savings Monthly Income 65+, Smart and Child faith Fund will all increase by 025 per centAccording to Nationwide figure...

Banks target Polish workers - Published:20/11/06

THEY have been credited with keeping mortgage costs down and rescuing Britain's plumbing and now financial existence is set to become a small easier for the nation's PolesHELP IN THE PIPELINE: The nation's Polish workmen will find financial existenc...

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Desperate renters gang together to bridge affordability gap - Published:20/11/06

Desperate unparalleled buyers are increasingly clubbing together to get the monetary clout to get onto the property ladder, claims a new HSBC accountSome 57 per cent of prospective first-time buyers say that they are bearing in mind buying property ...

£390m Cost of Stolen Mobile Phones - Published:20/11/06

Mobile phone robbery in the UK is on the increase as they become smaller, more expensive and more desirable The cost of these thefts to insurers, telephone suppliers and customers has reached £390mEach year sees more than two million movable phones ...

Loans that score on penalties - Published:20/11/06

Homebuyers should beware of tempting, low speed mortgage deals - as the sting in the tail can show expensiveThis week, Egg launched a two-year set rate of 474% - less than Bank of England base speed It is also offering a discounted variable rate mor...

Read More: Loans That Score On Penalties >>

B&B to sell own brand mortgages - Published:20/11/06

Bradford and Bingley are planning to discontinue selling mortgage loans provided by other banks and structure societies, and concentrate on their own self-branded home loan products As well as contribution top excellence lending advice in specialist...

Read More: B&B To Sell Own Brand Mortgages >>

Welcome protection from exchange-listed funds - Published:20/11/06

All era are London time Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksYOUR MONEY Your investmentsBreadcrumb trail navigation:FT Home > Your money > Your investmentsEDITOR’S CHOICEThere are more transactions than...

Barclaycard rate increase causes a storm - Published:20/11/06

Barclaycard's decision to lift its credit card interest rates by two per cent has led to calls for an study by the Office of pale Trading (OFT)It has reduced the number of tax it offers from 30 to five, ranging from 149 per cent to 279 per cent It e...

Mortgage lending starts to slow - Published:20/11/06

Signs that the August interest rate trek may have dampened the property market were seen nowadays as figures show that lending slowed in imposingTotal mortgage lending for the month was still comparatively high at £91bn, but the figure was down on J...

Read More: Mortgage Lending Starts To Slow >>

Principality launches 5.25% Monthly Saver - Published:20/11/06

Principality, the largest building society in Wales, is preliminary the new year with a proffer to encourage the UK to save regularlyFollowing figures which have revealed that barely half (55 per cent) of all adults in the UK regularly put aside mon...

BA pension deficit hits 2.1bn - Published:20/11/06

Bosses at the airline were gathering union officials to discuss plans to tackle the pensions black gap - which was previously put at £928mThe widening deficit comes in spite of BA doubling its contributions and a new recovery in the stock marketBA's...

Read More: Ba Pension Deficit Hits 2.1Bn >>

ID theft up 22% but prevention improved says fraud service - Published:20/11/06

Half-yearly info issued by Cifas, the UK's fraud prevention service, have shown that its 250 members prevented deception to the value of over £360 million in the year to JuneThe figures labour out as a potential £1,400 in fraud being denied to fraud...

motorist urged to choose 'most competitive' car insurance - Published:20/11/06

Sainsbury's have an account believes that motorists taking advantage of their car insurance deals could put aside up to £126The bank believes that motoring prices, in part due to ongoing fuel price increases, now entails that the standard motorist h...

House prices 'to soar by 50%' - Published:20/11/06

THE cost of the average home will be almost £300,000 in five natural life' time, according to a new report, which claims the rise will spell disaster for unparalleled buyersSOARING PRICES: The average house will set buyers back £300,000 by 2011 acco...

Read More: House Prices 'To Soar By 50%' >>

Britons spend 9 billion on credit cards, study shows - Published:20/11/06

CREDIT CARDS LOW speed CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSThe interest paid on credit cards could arrive at £550 million and last until Christmas , the Moneysupermarketcom learn showsMore than half...

Millions switching in current account melange - Published:20/11/06

Millions are taking advantage of brand new competitiveness in the current explanation sector and switching deals, new figures have shownResearch from Group 1 Software has exposed that around 87 million current account holders in the UK switched deal...

Woolwich rethinks its buy-to-let offerings - Published:17/11/06

Woolwich has declared that it is to enhance its buy-to-let aid by streamlining the amount of documentation needed in specific casesThe fast track overhaul has been designed to reduce the sometimes time-consuming natural world of the paperwork that a...

40-year plus mortgages becoming more common - Published:17/11/06

As possessions prices continue to rise and affordability declines, many first-time buyers have to choose several more radical loan options These could be increased income multiples, group mortgages, joint equity or longer mortgage terms According t...

National Savings explained - Published:17/11/06

National investments and Investments is a provider which offers a range of savings financial records and bonds that raise money for the government and pay the saver interest in returnPreviously known as the Post Office Savings Bank, the scheme was p...

Read More: National Savings Explained >>

The Norwich Union Pay As You Drive insurance to be launched - Published:17/11/06

Norwich Union's Pay As You Drive insurance policy is put to be introduced and will consequence in customers paying premiums that reflect their specific driving habitsThe Norwich amalgamation Pay As You Drive insurance relies on satellite direction-f...

NatWest reveals 4.94 per cent buy-to-let mortgage - Published:17/11/06

The mortgage lending division of NatWest has nowadays launched a buy to let follower mortgage at just 494 per cent The contract is over a three year period, and according to the head of NatWest mortgages could be a serious money saverGuy Aldwinckle ...

Beware a mortgage too far - Published:17/11/06

Concerns among debt-help groups that more unparalleled buyers are being tempted into dangerous mortgages just to get a foothold on the property ladder have reached a new high next the decision by High Street bank Abbey to loan up to five times joint...

Five times salary mortgages from Abbey - Published:17/11/06

Abbey have taken a main step in the mortgage market nowadays, becoming the first UK bank to lend five times salary to allow unparalleled buyers to climb onto the property ladder Scottish Widows single of the banking arms of Lloyds TSB ) will also p...

HSBC offers cashback on repaid loans - Published:17/11/06

HSBC has decided to reward clientele who repay their personal loans on time, offering to refund a district of the total interest paid during the word of the loanThe offer, which is available to all customers taking out a loan in the next three month...

Abbey mortgages 'to help first-time buyers' - Published:17/11/06

Abbey mortgages could make existence easier for first-time buyers, the lender claims, thanks to a new variety of products tailored specifically to get together the needs of those struggling to get a foot on the property ladderAccording to the have a...

Britain's Biggest Mortgage Lender Offers 125% Mortgages - Published:17/11/06

Britain’s main mortgage lender, HBOS, has launched a new home mortgage loan package for recent alumni and young professionals which will allow them to borrow up to 125% of the value of their propertyComprised of a 95% house mortgage loan and 30% uns...

Barclaycard warns of rising bad debts - Published:17/11/06

nervousness over the levels of unsecured national debt has been reignited by a Barclaycard warning that its clientele are defaulting on £1 out of every £5 that they oweBarclaycard is the main and among the most aggressively marketed suppliers of uns...

banks more cautious over lending - Published:17/11/06

Banks are becoming increasingly cautious over lending and turn-off down more applications for loans and credit cards, new figures have showninvestigate for MoneyExpertcom found that 35 million applications for credit cards, loans and mortgages were ...

Read More: Banks More Cautious Over Lending >>

New mortgages from Alliance & Leicester - Published:17/11/06

The novel self-certification and buy-to-let mortgages represent an improvement in the current range obtainable by the bank, it claimsA number of new buy-to-let tracker mortgages will be made obtainable, three of which have rental cover of 115 per ce...

Leeds launches new tax-free savings accounts - Published:17/11/06

Leeds said the novel products are specifically designed to offer a combination of a good tax free rate of homecoming and flexibility of right of entry to a portion of the funds without notice or penaltyStuart Fearn, product development manager suppo...

All roads lead online if you keep it simple - Published:17/11/06

All occasions are London occasion Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksYOUR MONEY Your taxBreadcrumb trail navigation:FT house > Your money > Your taxEDITOR’S CHOICEPush towards goal of universal online...

UK comfortable about borrowing - Published:17/11/06

An overwhelming majority of persons in the UK are completely comfortable with debt and many do not expect that they will have to borrow over the next year, says a surveyDespite some nationwide anxiety about debt in the abstract, almost 90 per cent o...

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Less than a third of UK seeks out personal finance expertise - Published:17/11/06

Less than a third of all UK adults turn to specialists when in need of monetary advice, a new survey has revealedInstead of looking for out a fully-trained and competent professional, 16 million Britons supposed that they speak to their partner when...

FSA issues £56,000 PPI mis-selling fine - Published:17/11/06

The financial military Authority (FSA) has taken its first action against a lender over complaints telling to the sale of sum protection insurance (PPI)The authority ordered Regency Mortgage Corporation, a specialist lender dealing with people with ...

Credit card spending to double says Morgan Stanley - Published:17/11/06

The UK is planning to double its credit card expenditure as the summer season approaches, with holidays and home development at the top of our mindsThe average credit card holder is preparation to spend £1,225 over the next three months compared to ...

Natwest mobile banking launched in Wales - Published:17/11/06

A mobile have an account is to be introduced to remote areas in the south of Wales by NatWest in command to provide people with more right of entry to bankingThis follows a similar move in Cornwall by the bank that was deemed a success NatWest needs...

Offset mortgages could be 'best option' - Published:16/11/06

Homeowners taking advantage of an offset mortgage could put aside themselves thousands in the extended run according to new researchAn offset mortgage essentially links mortgage repayments to the equilibrium in current and savings financial records ...

Tata joins Indian retail pioneers - Published:16/11/06

Tata, the Indian corporation whose business interests vary from telecoms and IT services to steel and tea, is gap its own chain of shopsIt is working with Australian seller Woolworths to source consumer electronics goods for its new business, known ...

Capital One 'homeowner loan' offer worst for junk mail - Published:16/11/06

The Citizens Advice government department (CAB) has named Capital One and its false cheque 'homeowner loan' offers as the worst offender when it comes to surplus junk mailCapital One sends out about 20 million offers of credit and loans per year, of...

Green investment is still in its budding stage - Published:16/11/06

All times are London time look for News in the FTcom siteSearchSearch Quotes in the FTcom siteQuotes Your moneyBreadcrumb follow navigation:FT house > Your moneyEDITOR’S CHOICECarbon cuts should be EU priority, says MilibandChina turns others greenB...

Endowments don't add up - Published:16/11/06

More than 141,000 savers were sold donation insurance policies in the past 18 months as the best way to put asideLarge insurance companies, counting Prudential, Norwich Union, Legal & General and Standard-Life have not sold these plans for natural l...

Current account balances catching adults off guard - Published:16/11/06

Research reveals that 82 per cent of adults are astonished by their explanation balance every monthAlthough two-thirds of those surveyed by Yougov claimed to be acquainted with the transactions in and out of their present accounts, only 18 per cent ...

Home loan approvals soar - Published:16/11/06

The have an account of England (BoE) has announced that the number of loan approvals for home purchases have risen brusquely following the August interest rate cut of 025 per centBoE info indicate that total net lending to individuals in imposing wa...

consumers expect rate rise - Published:16/11/06

A evidence number of consumers have admitted that they expect interest rates to rise over the course of the next yearAccording to Lloyds TSB's Consumer indicator, 70 per cent of us think that tax will be higher in 12 months' time – with only five pe...

Read More: Consumers Expect Rate Rise >>

Brits Now Face A Life Time Of Mortgage Repayments - Published:16/11/06

There was a time, not too long before, when UK mortgage lenders placed a maximum repayment era of 25-years on mortgages These days, according to new research in print by Money specialist, UK homeowners can look forward to prospect of repaying their ...

First-time buyers facing higher costs, study shows - Published:16/11/06

First-time buyers looking to find a mortgage are judgment it 60 per cent tougher than their parents did, new investigate has revealedAlthough incomes have risen progressively since 1970, the price paid for houses has outstripped this, according to f...

Millions extra paid in mortgages, expert claims - Published:16/11/06

The Bank of England's choice to raise the base rate by 025 per cent will price UK borrowers an extra £292 million a month, an specialist has claimedOn average, British homeowners will disburse around £3592 on top of their current periodical mortgage...

125 per cent mortgages a part of HBOS strategy - Published:16/11/06

The controversy within the mortgage marketplace last week may re-ignite, following a choice by HBOS (the largest mortgage lender in Britain) to start lending cash to graduates and professionals above 100 per cent loan to value, and up to 125 per cen...

Barclays issues internet banking advice - Published:16/11/06

Internet banking provider Barclays has warned of new phishing attacks, which aspire to capture customers' bank detailsNew emails purporting to be connected to the 2012 Olympics have been sent to many customers, asking for spending often totalling th...

Barclaycard reveals fraud top ten holiday spots - Published:16/11/06

As the long summer vacation arrives and more and more people seem forward to an imminent holiday, Barclaycard has revealed the top credit card holiday fraud spotsfailure was found to be the least-best state to allow your waiter to disappear with you...

Alliance & Leicester launches new mortgages - Published:16/11/06

The mortgages, which the corporation claims to be "market-leading", include fixed-rate and follower packages, which may suit different types of borrowers A novel two-year tracker mortgage is available, which moves at 036 per cent below the Bank of E...

Location affects the car you drive - Published:16/11/06

The make of car that a person drives is strong-minded in the main by the location that they live in, says AA Personal LoansThose that dwell in the metropolis are more likely to drive a new railway wagon with "sex appeal", which means a means of tran...

Offsetting best suits better off says Defaqto - Published:16/11/06

Offset mortgages work best for far above the ground rate taxpayers with above average savings who are prepared to do for the long term, says new researchBasic speed taxpayers prepared to play a extended game rather than regularly switching deals to ...

Basic state pension - Published:16/11/06

As part of its understanding pensions sequence, the BBC News website provides an introduction to the basic condition pensionThe basic state retirement fund is paid to women at 60 and men at 65, who complete National Insurance (NI) contribution requi...

brits poorer over past four years - Published:16/11/06

Although standard earnings have risen, Britons have less cash to use in 2006 than they did in 2002A study conducted by accountant Ernst & Young found that average throwaway income in the UK has fallen by around ten per cent since 2002The report conc...

Merger will benefit mortgage customers, expert claims - Published:16/11/06

The merger between Nationwide structure Society and Portman structure Society will offer high-quality mortgages for consumers, an expert has claimedAlthough savings, credit cards and personal loans will be boosted by the deal, the companies' mortgag...

Homeowners shun IFAs - Published:16/11/06

Less than one in five homeowners seeks mortgage advice from an self-governing financial advisor (IFA), according to new researchIFA Promotion found that while 70 per cent of non-homeowners thought that it was important to receive self-governing fina...

Last minute Brits not buying travel insurance, study shows - Published:16/11/06

Almost one quarter of UK holidaymakers are planning to volume at the last minute, according to novel research from a travel insurance supplierHowever, eight per cent of these might not be enclosed by travel insurance, claims Sainsbury's BankThe bank...

Nationwide launches new equity bond - Published:16/11/06

Nationwide Building civilization has launched a new five year bond that guarantees a return on capital and at least ten per cent growthThe Guaranteed Equity tie (GEB) has growth linked to the FTSE 100, Nikkei 225 and DJ EuroSTOXX 50 indices and offe...

Woolwich revives lifetime tracker mortgage - Published:15/11/06

Woolwich has relaunched its lifetime tracker mortgage, which the corporation claims is the most excellent available on the market The mortgage tracks at 019 per cent above the have an account of England base speed for the term of the mortgage, which...

52-year Mortgage on offer - Published:15/11/06

Mortgages are being offered for a term of at least 40 years by some lenders but Tesco personal finance offers the longest term at 52 years according to cash ExpertNearly a third of mortgage lenders are at present giving customers the alternative of ...

PruHealth scoops insurance awards - Published:15/11/06

PruHealth, an arm of insurance group Prudential, has been named as the best medical cover and health cover providerHealth Insurance magazine's yearly awards recognised PruHealth as number one insurer, which the company describes as a "fantastic trib...

Interest rise on Post Office Instant Saver - Published:15/11/06

The Post Office Instant Saver account is to have an interest rate rise of a district of a per cent in accordance with the go up of the Bank of England's base rate announced todayWith the base rate rising to five per cent, the Post Office Instant Sav...

HALF YOUR PREMIUMS WITH A SPY IN THE CAR - Published:15/11/06

DRIVERS will be clever to pay a fraction of their insurance with a pay-as-you-drive rule launched by Norwich Union todayKey to the scheme is a "black box" put in your car which firewood journeys using satellite technology Instead of a annual premium...

Brits rush to retire abroad - Published:15/11/06

The number of Britons leaving for foreign climes could go up fast, according to study which claims a third of overseas homeowners plan to retire abroadSubstantial information of Brits could opt for the expat lifestyle according to research released ...

Read More: Brits Rush To Retire Abroad >>

Housing boost for 'key workers' - Published:15/11/06

additional help for up to 20,000 key workers looking to get on the property ladder is on proffer from MondayThe Open Market HomeBuy Scheme will see the administration and selected lenders financial support up to 25% of a property costInterest paymen...

Read More: Housing Boost For 'Key Workers' >>

Lloyds TSB offers 8% easy saver - Published:15/11/06

Lloyds TSB has launched one of the best investments account deals around in the shape of its new Monthly Saver, paying eight per cent on deposits of between £25 and £250The rate is guaranteed for two years after the explanation is opened, with an in...

Read More: Lloyds Tsb Offers 8% Easy Saver >>

HSBC describes end to free banking "inevitable" as profits soar - Published:15/11/06

HSBC the past said that a general move toward annual charges for current accounts and credit cards is "predictable" in response to a regulatory crack down on penalty chargesChief executive of HSBC Dyfrig John made the statement as the bank reported ...

Mortgage Lending At Highest for 28-Months - Published:15/11/06

The Bank of England has exposed that new mortgage lending in March was higher than it has been for 28 monthsThe Bank said that mesh mortgage lending rose to £93bn in March, with the market not seeing this amount of cash being loaned to homeowners si...

Millions of parents help kids find a mortgage - Published:15/11/06

In the UK, one in eight parents will lend their children at least £20,000 to help them find a mortgage, according to novel researchA total of four million UK parents will provide some money to aid their youngsters' efforts to find a mortgage, a stud...

Barclays Blue debit card is really green - Published:15/11/06

The environmentally-friendly Barclays Blue withdrawal card has been launched by the have an account and is being sent to millions of customers whose old card has expiredA sum of 11 million people currently have Barclays debit cards and the novel car...

Credit Card Rates Rocket! - Published:15/11/06

As you're probably conscious, the Bank of England raised its bottom rate from 450% a year to 475% a year last month Since variable-rate mortgages are linked to the have an account's bottom rate, millions of homeowners have seen their monthly mortgag...

Alliance & Leicester notes borrowing slowdown - Published:15/11/06

Alliance & Leicester claims that this fall in consumer borrowing is the first downwards trend since the early 90sThe bank says the borrowing speed is currently at 14 per cent, which is significantly lower than the 117 per cent it averaged over the l...

Current Accounts Which Beat Savings Accounts - Published:15/11/06

A investor's Golden Goal is simple: to maximise the interest earned on any money sitting securely on deposit in a have an account or building society However, this is a far from easy task, gratitude to the wide variety of different accounts on offer...

House prices increase 8% on 2005 - Published:15/11/06

The average UK house cost edged closer to the £200,000 mark in September, according to bureaucrat statistics released todayFigures from the Department for Communities and restricted Government showed that the average cost of a typical property rose ...

Read More: House Prices Increase 8% On 2005 >>

Skipton launches ten-year mortgage - Published:15/11/06

The mortgage is available at 529 per cent for borrowers needing up to 75 per cent loan-to-value and 539 per cent up to 95 per cent loan-to-valuenext the fixed-rate period, the mortgage reverts to 514 per cent, while incrementally lessening early rep...

Accessibility to housing market worsens - Published:15/11/06

convenience to the housing market is worse than ever for first occasion buyers, according to new figuresThe average couple buying their first house must now save three quarters of their income to get a foot on the property ladderA pair looking to sa...

Homeowners given mortgages and a glass of wine - Published:15/11/06

Homeowners have been told they can spoil in their tastes for fine wines while paying off their mortgage A novel scheme from Premier Cru savings, lets interest-only mortgage borrowers to purchase cases of mauve that can then be used as investmentsThe...

Post Office launches dual credit card - Published:15/11/06

The card functions as a competitive credit card with a discounted fixed rate loan service for larger purchasesThe loan service allows the card holder to move large purchases between £500 and £2,000 onto it and repay the amount over a 12 month period...

HBSC 'reviews' customer accounts - Published:15/11/06

HSBC is reviewing nearly 300,000 customer current financial records to assess whether or not they should be closedIt wanted to be sure the accounts were being second-hand for the reasons given by the customer at the occasion of openingFollowing the ...

Read More: Hbsc 'Reviews' Customer Accounts >>

New ten-year fixed-rate from the Woolwich - Published:14/11/06

A new market most important ten- year fixed-rate mortgage has been launched by the Woolwich Building SocietyThe Woolwich said it will proffer a flexible ten-year fixed rate mortgage with a rate of 467 per cent until May 31st 2016Those choosing the m...

Tesco cuts prices on travel insurance - Published:14/11/06

The company, already one of the UK's top-ten journey insurance providers, plans to cut alive prices by around 20 per cent this summerstart on June 21st until September 12th 2006, the travel insurance policies are obtainable across the UK from stores...

ING to double life branches in India - Published:14/11/06

ING is preparation to more than double its life assurance twigs in India by the end of next year as overseas financial groups in the country seek to overcome restrictions on banking operations by expanding other business linesThe Netherlands-based m...

Young take travel insurance risks, study shows - Published:14/11/06

Younger holidaymakers are less likely to take out travel insurance when taking title abroad, according to researchThe study, conducted by Post Office travel military, states that of the 15 million 18 to 24-year-olds in the UK who take a short smash,...

Norwich Union warns of bonfire burglaries - Published:14/11/06

Homeowners have been warned by Norwich Union to be wary of the threat of burglary this beacon Night as instances of break-ins are usual to riseAccording to Norwich Union, claims add to by 50 per cent on November 5th compared to a normal day and the ...

The eternal mortgage trap - Published:14/11/06

Millions of borrowers are heading for a retirement troubled by money owing - because they have failed to pay off their mortgages in occasion Around 70% of homebuyers start with a traditional 25day mortgage But with the average borrower now remortgag...

UK to be charged £18m at ATMs this Christmas, says bank - Published:14/11/06

The UK finance industry is influence credit and debit card users to refuse charging ATMs in the countdown to ChristmasFigures compiled by the manufacturing suggest that UK card users will be emotional up to £18 million in bank machine fees over the ...

MasterCard launches pre-paid cards - Published:14/11/06

MasterCard has introduced two novel cards to add to its existing range - a pre-paid travel card and a present cardWorking in a similar fashion to regular praise or debit cards, the new MasterCards are pre-loaded with money, which the corporation say...

HSBC offers commission-free foreign currency - Published:14/11/06

HSBC is to proffer commission-free foreign currency to customers at "highly competitive" tax according to the bankCustomers will be able to purchase 71 dissimilar currencies from HSBC by phone, online or from the branchA comparison undertaken by HSB...

HSBC creates advice centre for first-time buyers - Published:14/11/06

High street have an account HSBC has launched a new online service, intended to help first-time buyers when trying to find a mortgage The new advice centre aims to proffer first-time buyers a wide range of advice, with a panel of expert advisers on ...

Halifax ups house price prediction - Published:14/11/06

BRITAIN'S biggest mortgage lender greater than before its forecast for house price enlargement in 2006 today - admitting the market had gathered more momentum than expectedincreasing PRICES: Halifax has increased its house price prospect for 2006 af...

Citizen reporter: Property as a pension - Published:14/11/06

Arno de Wever, 31, from London, is worried that he has not put anything like enough money aside for his retirementHe investigates how much he needs to enjoy a comfy old age - and whether possessions investment can help him achieve his ambitionsEvery...

Britons wasting millions by not switching home insurance, study shows - Published:14/11/06

UK residents are wasting £1445 million every month by not switching their home insurance provider, according to investigateBritons are overpaying their home cover by £17 billion a year, which equates to £11295 per month, according to the learn condu...

barclaycard offers improved deal on flexi-rate card - Published:14/11/06

From October 9th, the contract will enable customers to receive nothing per cent interest for 12 months on balance transfers as well as a lower typical APR of 149 per cent, down from 169 per centThe group's info have also optional that its flexi-rat...

Alliance & Leicester extends savings account offers - Published:14/11/06

Alliance & Leicester has announced it is extending its ten per cent gross pa/AER usual savings account offer right through until the end of AprilThe Premier Regular Saver explanation is obtainable to customers opening a new Alliance & Leicester Prem...

Landsbanki IceSave introduced to UK market - Published:14/11/06

Icelandic have an account Landshave an accounti has launched a market leading online savings account into the UK investments marketThe Landsbanki IceSave online investments account offers customers an interest speed of 52 per cent, though it differs...

Directors 'have 1bn pension pot' - Published:14/11/06

Directors at the UK's top 100 companies have built up a pensions pot value almost £1bn, a report has foundOn average, such directors can give up work at 60 with a pension worth almost £3m, paying out £168,000 a year, investigate by the Trades amalga...

Read More: Directors 'Have 1Bn Pension Pot' >>

Borrowers warned on uninvited cheque con - Published:14/11/06

Borrowers are being warned about a popular praise marketing technique that may not be as appealing as it seemsMany homeowner loan and credit providers decide holiday seasons to mail out unsolicited cheques next to material designed to encourage spen...

Up to 700,000 homes lie empty across England - Published:14/11/06

New investigate indicates that up to 700,000 homes are lying empty across England and they are priced below the national averageThe researchers from Halifax also found that approximately 100,000 households in England are livelihood in temporary acco...

Amex advice for travel insurance - Published:14/11/06

Travel insurance is the "most excellent gift" a UK holidaymaker can give to their family, according to an expertWith a large number of travel insurance policies, UK people should also be careful to be aware of precisely what they are covered for, Am...

Read More: Amex Advice For Travel Insurance >>

Problem debtors hide borrowing says report - Published:14/11/06

Seven out of ten persons with serious debt difficulties resort to trick rather than inform their partners says research by advisor Debt Free DirectProblem debtors were more probable to confide in family and associates, but one person in eight choose...

switching home insurance "a hassle" for many - Published:14/11/06

A consumer affairs specialist has called on Britons to look into switching their home insurance in order to make sure that they are not overpaying for coverA spokesperson for the nationwide Consumer Council explained that switching levels for house ...

Zurich Guaranteed Capital Account launched - Published:11/11/06

Zurich's Guaranteed assets Account has been introduced and has been tailored to meet the needs of mediators who are looking to provide their customers with a secure investmentDesigned for the careful investor, the Zurich Guaranteed Capital Account p...

Average Brit is Spending 19% Of Their Pay On Mortgage Repayments - Published:11/11/06

The average price of a house in the UK just crashed through the £200,000 barrier, meaning that the average price of a house in UK has now doubled in the last four years approximately put, this means that the cost of an average home in the UK is now ...

Tesco and John Lewis cardholders could look elsewhere - Published:11/11/06

Customers with a Tesco or John Lewis partnership credit card may want to compare their credit cards' interest rates with others on the market from February, as both companies are to increase interest tax on their cards for existing customersThe Tesc...

Mixed results for equity release mortgages, figures show - Published:11/11/06

More UK people are able to find a remortgage, although the total value of the equity let go market is falling, according to research The figure of new equity release mortgages rose by two per cent from the same period in 2005, from 10,877 to 11,130,...

Credit cards not always substituting cash - Published:11/11/06

A report from the Post Office says that 62 per cent of people aged 25 to 34 prefer plastic dealings to cash when making purchases under £10Moreover, a district of Britons will not use their cards for substance worth less than £20, and 22 million say...

Pay As You Drive Car Insurance - Published:11/11/06

Finally, after two natural life of trials, a new type of car insurance product from Norwich Union is available to all from nowadays Probably any well-adjusted human being would find this terribly uninteresting, but not me Thankfully for you Fools, I...

Read More: Pay As You Drive Car Insurance >>

NatWest bids to make mortgages easier - Published:11/11/06

The new mortgages characteristic a switch facility, which enables borrowers with a discount or tracker mortgage to switch to a fixed-rate alternative, without incurring an early repayment chargeFurthermore, the new "simplified" mortgages, with rates...

Cash machine warning from Nationwide Building Society - Published:11/11/06

University students are being warned to diagram their cash machine withdrawals carefully to avoid costly charges for accessing their moneyResearch from Nationwide Building civilization shows that of the 400 cash machines sited in university and coll...

Customers want luxury rewards on credit cards, study shows - Published:11/11/06

CREDIT CARDS LOW speed CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSMany European customers would like a praise card which offers reward points, according to novel researchSome 73 per cent of European custom...

Internet banking helps shy savers, expert states - Published:11/11/06

Many UK residents are using online banking because they are too embarrassed to discuss their finances, a learn has revealedMore than half of Brits favour internet banking in order to talk about their money countenance to countenance or on the phone,...

HSBC helps first-time buyers - Published:11/11/06

unparalleled buyers are getting a helping hand from HSBC which has launched an online centre offering advice about the procedure of trade a home and other related servicesThe new website will be recognized as the Property Panel and will offer self-g...

Read More: Hsbc Helps First-Time Buyers >>

home insurance vital as stormy weather continues - Published:11/11/06

Britons are being advised to make sure that they have adequate home cover in order to weather the storms that are currently sweeping the stateA new report claims that up to five times the figure of claims for lightening damage are typically filed in...

Average adult has double recommended minimum savings - Published:11/11/06

The average mature in the UK has almost double the recommended minimum financial 'security net' squirreled away in their bank financial records, according to Birmingham MidshiresEnough savings to survive three months of injury, or £4,128, is recomme...

British Women Bingeing On Debt - Published:11/11/06

According to a recent survey of 800 volunteers investigative different attitudes towards money owing undertaken by ICM, British women are now bingeing on debt The effortlessness with which most UK lenders are making praise available to Britons these...

Read More: British Women Bingeing On Debt >>

Barclays relaunches student card for class of '09 - Published:11/11/06

Barclays has re-launched its scholar credit card in preparation for what will eventually be known as the class of 2009The corporation claims that the card has the best rate typical APR of any student credit card - at 149 per cent - and that it has a...

Alliance & Leicester cuts mortgage rates - Published:11/11/06

Mortgage provider coalition and Leicester has cut the interest rates on several of its goods and introduced new optionsBoth of the mortgages have had their rate of interest lowered, by 005 per cent and 01 per cent respectively, while both are availa...

AA raises interest on savings - Published:11/11/06

Following the Bank of England's choice to raise the Base Rate by 025 per cent to five per cent, the AA has announced its intention to prize its savers with a alike rise in interest ratesThe new interest rates will approach into force from December 1...

Read More: Aa Raises Interest On Savings >>

Introductory saving rates "misleading" - Published:11/11/06

Consumers should be wary of savings accounts contribution 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 offer such a contract, including its own...

Young people 'failing to set up pensions' - Published:11/11/06

Graduates could be risking half of their retirement fund total if they delay their aid until the age of 30, according to HSBCThe research discovered that 50 per cent of 16 to 24-year-olds believe they are too young to begin believeing about contribu...

Offset mortgage could save £22,000, says Abbey - Published:11/11/06

People with an offset mortgage could put aside up to £22,000 by switching to Abbey's offset product, the building civilization has supposedAbbey says that its savings offset mortgage called the Flexible in addition could help customers pay off their...

Equity release could sting thousands says report - Published:11/11/06

Many thousands of pensioners are captivating up equity release mortgages without gaining any clear ideas about how much they may end up costing, says a new reportEquity let go mortgages allow homeowners to sketch money from their home, and add repay...

Boost for Spanish mortgage hunters - Published:11/11/06

There could possibly be a boost for UK people looking to find a mortgage in Spain, as Banco Halifax Hispania is set to unlock a further three branchesThe banks allow all mortgage deals to be conducted in English, which could allow many Britons to fi...

Sainsbury's Bank cuts online loan rates - Published:11/11/06

Sainsbury's have an account has announced that it is cutting its interest tax for online loan applications until 8th November 2005The special limited offer of 63 per cent annual percentage speed (APR) is suitable for loans of £5,000 and moreRachel B...

Account 'upgrades' face scrutiny - Published:11/11/06

Claims that banks have been improperly moving some clientele to current financial records that charge fees may be investigated by a banking regulatorThe Banking Codes Standards Board (BCSB) supposed it was considering following up claims made by the...

Read More: Account 'Upgrades' Face Scrutiny >>

Mortgage affordability stabilising - Published:09/11/06

The lender found that the cost of servicing a mortgage debt remained at 186 per cent of householder's throwaway income during October, up 03 per cent on the same month in 2004 standard mortgage payments, however, rose by a pound to £512Woolwich's re...

Thieves 'cash in at Tesco tills' - Published:09/11/06

Tesco self-service tills suffer from an apparent "security dodge" making it simple for fraudsters to steal cash, consumer group Which has saidTesco operates the check-outs at 320 food, allowing shoppers to scan goods and pay with a debit or praise c...

Read More: Thieves 'Cash In At Tesco Tills' >>

One it ten to find a remortgage - Published:09/11/06

Some ten per cent of borrowers could try to find a remortgage in command to supplement their retirement income, an expert has claimedThe average pan for pensions is thought to be around £25,000, which could go away an increasing number of UK homeown...

Read More: One It Ten To Find A Remortgage >>

british consumers possess one million bank accounts - Published:09/11/06

The number of basic bank financial records opened since April 2003 has reached one million for those who had previously not banked, according to new data free by the British Bankers' Association (BBA)The BBA has supposed that more than 127,000 post ...

Norwich Union creates investment help service - Published:09/11/06

assets] asset property] [instant bond] asset trusts] [offshore investment] asset advice]Norwich amalgamation has created an online guide, which is designed to give advice to investors about which products will be most suitable for themDubbed Make in...

Free-to-use ATMs for Post Office - Published:09/11/06

The Royal have an account of Scotland (RBS) and NatWest have joined forces with the position Office to offer customers free-to-use cash machinesIn a scheme designed to benefit people who would move violently paying an ATM charge, such as the old, di...

Read More: Free-To-Use Atms For Post Office >>

Nationwide fixed rate and tracker mortgages launched - Published:09/11/06

As of October 3rd, Nationwide fixed rate and follower mortgages will be available and the products will complement alive productsThe two day fixed rate mortgage has a rate of 447 per cent while the two day tracker mortgage offers customers a rate of...

Chip-and-Pin for cyberspace - Published:09/11/06

Chip-and-Pin technology is being careful as a possibility for credit certificate companies to improve security online and reduce fraudThe technology has already had success worldwide and on the UK far above the ground street, reducing the levels of ...

Read More: Chip-And-Pin For Cyberspace >>

Two thirds expect cost of borrowing increases - Published:09/11/06

Two thirds of consumers speak that the cost of borrowing will increase over the next day a Lloyds TSB study has revealed, the highest shape since April 2005Just seven per cent of persons quizzed say that they expect interest rates to fall over that ...

HSBC extends its Christmas card list - Published:09/11/06

HSBC has extended its zero per cent offer on novel purchases and balance transfers for an additional nine months, in time for the Christmas periodThe bank supposed that the offer could save certificateholders as much as £300 The certificate also off...

Halifax offers 0% balance transfer/purchase deal - Published:09/11/06

Halifax has announced the launch of a new One credit card on July 10th, with an unusual proffer of zero per cent on both balance transfer transactions and novel purchasesBoth nothing per cent terms will also be available for a generous nine-month te...

First Direct tops standard variable rate mortgage poll - Published:09/11/06

First Direct provides the cheapest criterion variable rate (SVR) mortgages obtainable, a leading mortgage poll has claimedBased on the cost of a £150,000 SVR mortgage, First Direct clientele were found to have the best mortgage rate interest spendin...

Family home is where the heart is - Published:09/11/06

The vast mainstream of people are determined to remain in the family house for as long as possible rather than sell up to finance their retirement says Bradford & BingleyA survey showed that 85 per cent of UK homeowners desire to stay in their home ...

Woolwich revamps buy-to-let mortgage range - Published:09/11/06

The company, which is a mortgage provider and part of the Barclays collection, claimed that the changes will offer a more "simple and competitive" buy-to-let optionsmallest amount interest cover on the corporation's buy-to-let mortgages will be redu...

'Starting out' entries 1-3 - Published:09/11/06

BBC News website person who reads Sayara Beg, 36, a freelance IT consultant from East London, has been telling her tale of dealing with debtIt shows my income and expenses and makes in abundance clear that I have no spare funds left to pay my credit...

Read More: 'Starting Out' Entries 1-3 >>

brits not tuned into switching current accounts - Published:09/11/06

Surprising results from Alliance & Leicester have shown that Brits be inclined to stick with their current accounts for years even if they are patently offering deprived valueAmazingly, marriage is the only association to which consumers typically s...

Sainsbury's Bank insurance to be cheaper online - Published:09/11/06

Sainsbury's Bank is to offer customers a reduction on home cover, travel cover and pet cover for buying onlineConsumers wishing to buy the travel insurance policy and pet insurance policies on the internet will take delivery of a ten per cent discou...

FSA warns on finance skills shortage among young - Published:09/11/06

The Financial military Authority (FSA) has warned that millions of young persons are unable to manage their financial responsibilitiesIt said that 18-40-year-olds are facing better financial responsibilities than ever, particularly in regard to pens...

Star-struck lovers failing to compare loans - Published:09/11/06

The expenses of marriages and honeymoons are rising, and star-struck Brits are so addled by love that they are deteriorating to compare loans to find the best tax to pay for themThe average wedding now costs £2,863 – and almost a third are paying fo...

UK financial planning slackest in EU - Published:09/11/06

Adults in the UK spend less time planning their money than any other main EU country, research from Scottish Widows has revealedAnd where we do diagram ahead, our priorities seem at best confused, with car insurance - which lasts a year - receiving ...

Warning on fixed mortgage deals - Published:09/11/06

More than one million homeowners could see their monthly mortgage repayments soar if they be unsuccessful to review their deals, it was claimed todayexamination from MoneyExpert found that people whose three-year fixed deals are due to end will be m...

Read More: Warning On Fixed Mortgage Deals >>

American Express Platinum credit card is a market leader - Published:09/11/06

The cashback speed on the American Express Platinum credit card makes it a marketplace leader, the bank has declaredCustomers receive cashback of three per cent for the first three months Thereafter, a cashback rate of up to 15 per cent is obtainabl...

Online bankers feel in control - Published:09/11/06

According to a learn carried out by Alliance and Leicester, 44 per cent of Brits who perform all their banking online sense they have their finances in orderOnline banking has increased by 63 per cent since 2003 and it is thought that the UK's onlin...

Read More: Online Bankers Feel In Control >>

Woolwich and Legal & General launch exclusive mortgages - Published:08/11/06

Legal & General mortgage association has teamed up with Woolwich to offer clientele two exclusive mortgage dealsA tracker that lasts for the term of the mortgage provides an interest rate of 514 per cent, while the buy-to-let three-year follower com...

This Week's Market Movers - Published:08/11/06

strong miners and brawny banks hoisted the FTSE to within moving distance of the 6,000 point-level this week By mid-morning on Friday, the benchmark directory was up 177 points on the week at 5,999Miners were given a greeting boost this week as comm...

Sainsbury's Bank: Billions spent on second-hand cars - Published:08/11/06

The second-hand railway wagon industry is booming, according to Sainsburys Bank who discovered that a sum of almost £26 billion will be spent by next FebruaryAn average cost of £5,018 is to be paid for a second-half used car in the UK while 17 per c...

Prudential aims to help UK residents find a remortgage - Published:08/11/06

Mortgage provider Prudential is hoping that increasing the number of advisors for equity release will help many UK people to find a remortgage The company states that more UK people are looking to find a remortgage to boost their profits after reach...

First-time buyers six months from disaster, expert claims - Published:08/11/06

First-time buyers would only be able to create their mortgage repayments for six months in the countenance of a loss of regular profits, according to new researchThe average mortgage deposit, at just under £12,000, is leaving unparalleled buyers fin...

Motorists urged to 'shop around for insurance' - Published:08/11/06

Should they find their railway wagon insurance premiums rising, motorists should actively seek alternatives according to monetary research company DefaqtoDrivers have been told that if they shop around then improved deals can be had, with such offer...

incentive-based loan sales 'irresponsible' - Published:08/11/06

Financial and legal charity Citizens recommendation is worried that incentives for have an account staff tasked with authorising loans could result in irresponsible lendingtravel permit leaked to the Daily Mail have reportedly shown that Natwest and...

Banks and building societies - Published:08/11/06

Banks are usually companies listed on the stock market and are therefore owned by, and run for, their shareholdersAs a result of not having to disburse dividends to shareholders, building societies claim that they have historically offered higher ta...

Read More: Banks And Building Societies >>

Apacs launches new credit card guide - Published:08/11/06

CREDIT CARDS near to the ground RATE CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSApacs, the payments company, has launched a new guide designed to help students find the right praise card for their needsThe...

Banks tackle unaffordable borrowing - Published:08/11/06

Four high road banks are teaming up to try to halt the growing mountain of personal debt in the UKHBOS, HSBC, Lloyds TSB and the regal Bank of Scotland are to work together with the credit reference agency Callcredit in an attempt to better run leve...

HSBC launches new 12-month free balance transfer deal - Published:08/11/06

Good news from the balance transfer credit card marketplace is not often heard these days, which is why so many will no doubt be happy to hear of HSBC's latest offeringThe company is initiation a deal providing zero per cent on all balance transfer ...

Mortgage lending stable says industry - Published:08/11/06

Mortgage lending remained stable throughout October, speak the latest figures free by some of the industries leading bodiesThe Council of Mortgage Lenders (CML) said that disgusting new borrowing fell by three per cent to £27 billion, although that ...

Parents look to increase savings - Published:08/11/06

Children who are too aged for Child Trust Funds (CTFs) are benefiting from a growing desire to put aside amongst UK parentsBarclays found that 46 per cent of UK parents have been encouraged to save for their children's prospect through the foreword ...

Read More: Parents Look To Increase Savings >>

Savers face rollercoaster ride - Published:08/11/06

Savers have experienced a rollercoaster day with the market experiencing both sharp climbs and unexpected drops since 2005, but little in the way of calm, says Moneyfactspersons with variable rate sayings accounts were the most probable to have expe...

Read More: Savers Face Rollercoaster Ride >>

Lucky Irish Ma's - Published:08/11/06

With Mothering Sundaylight hours just one daylight hours away mothers in Belfast will be looking forward to a trip to a top eating place from their loving sons and daughters, but those in Kirkwall in the Orkney Islands may be heading for a bag of ch...

New online banking option for businesses - Published:08/11/06

Small businesses looking to make simpler their online banking could be boosted by the latest offering from Alliance &LeicesterThe new alternative offers organisations with a income of less than £1 million the opportunity to open put accounts and cur...

Introductory saving rates "misleading" - Published:08/11/06

Consumers should be cautious of savings accounts offering interest rates of five per cent or more, according to new investigateSainsbury's Bank claims that just eight of the 38 savings accounts which currently offer such a contract, including its ow...

Pension dreams far from reality, study shows - Published:08/11/06

Most UK people plan to have a more comfortable income after reaching retirement than is sensible, according to new researchSome 11 out of 12 British adults are not on track to hit their retirement fund savings targets, the Scottish Widows study show...

Overwhelming majority say cash machines should be free - Published:08/11/06

An irresistible majority of people in the UK - 93 per cent - believe that all money machines should be free, says research by Citizens recommendationA further 88 per cent said that they would only disburse to access their cash as a last resort, with...

The thousand pound swindle - Published:08/11/06

Borrowers can put aside thousands of pounds on the cost of borrowing if they if they choose independent payment protection cover rather than a pre-packaged policy, say two novel studiesMillions of people in the UK remain ignorant that they can opt f...

Read More: The Thousand Pound Swindle >>

Mortgage affordability harder for first-time buyers, expert claims - Published:08/11/06

Mortgage affordability in the UK is becoming more difficult for first-time buyers, an specialist has claimedGrowth in the property market and increasing mortgage rates have led to increased difficulties for first-time buyers annoying to find a mortg...

House price increases will continue says BBA - Published:08/11/06

Average household debt in the UK has sustained to rise but mortgage approvals in the UK however increased once more during May, novel figures have revealedThe continued mortgage lending boom seemed to suggest that the housing market would not be slo...

Cashback credit cards better for most, expert claims - Published:08/11/06

CREDIT CARDS near to the ground RATE CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSCashback credit cards are a better alternative than loyalty cards for most UK customers, an expert has claimedHowever, loyalt...

Homeowners' debt relief - Published:07/11/06

Homeowners could wipe thousands of pounds off their mortgage and pay it off quicker by taking out one kind of home loan - an counterbalance mortgageOffset works by balancing the money you have in your investments and current accounts against your lo...

Moths found in Quaker Oats packs - Published:07/11/06

Boxes of Quaker Oats have been pulled from stores because of the attendance of moth pupae and larvaeThe boxes were sent to Tesco and Sainsbury's food in the north of England from depots in Middlewich, Cheshire, and Haydock, MerseysideQuaker Oats is ...

Read More: Moths Found In Quaker Oats Packs >>

Prudential named best lifetime mortgage provider - Published:07/11/06

Prudential scooped the award at the MoneyFacts awards, which aims to recognize the best products available to consumersThe company's Property Value Release Plan mortgage option, which may set of clothes customers looking to find a remortgage, was la...

Post Office cuts credit card commission - Published:07/11/06

praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSBritons by a Post Office Credit Card overseas will not be charged commission, after the company revamped its offeringThe provider states tha...

Business insurance provider warns of fire risk - Published:07/11/06

The summer holidays are a "notorious" time for inflammable attacks, which could guide to costly business insurance claims, Norwich Union has warnedSchool children who are unoccupied for the period may cause fire injure to buildings which are not pro...

NatWest launches buy to let tracker - Published:07/11/06

NatWest is set to celebrate the tenth birthday of the buy-to-let mortgage by releasing a novel productThe mortgage comes in two and three-year options, along with a long-term contract, the three-year tracking at 019 per cent above the base speed, cu...

Nationwide LoanCare offer launched - Published:07/11/06

Nationwide Building Society has additional an incentive for customers purchasing LoanCare, the sum protection insurance, along with its personal loanA sum of 20 per cent cashback of a customer's insurance premium will be obtainable if they meet the ...

Morgan Stanley launches 'ultra premium' i24 card - Published:07/11/06

Morgan Stanley, in partnership with MasterCard, has launched its 'especially premium' i24 best rate praise cardThe i24 Card offers one per cent cash back on all purchases and doesn't accuse a foreign exchange chargeAdditional features for the cardho...

Banks step up overdraft charges - Published:07/11/06

clientele are facing increasing charges when they go over their authorised overdraft boundary, according to research by MoneyfactsThe bank that hits clientele' wallets the hardest was found to be Lloyds TSB, who, once changes to their overdraft's co...

Read More: Banks Step Up Overdraft Charges >>

Another best rate bites the dust - Published:07/11/06

The Capital One Platinum credit card had previously offered a zero per cent equilibrium transfer until 2007, but it has now slash this balance transfer term down to just six months"This is a sign of the era in the current best rate credit card marke...

Read More: Another Best Rate Bites The Dust >>

Mortgage costs rise again - Published:07/11/06

The price UK borrowers must pay when annoying to find a mortgage rose again in September, according to new investigateHouse prices rose by one per cent during the month, sense that many first-time buyers looking to find a mortgage may be stretched f...

Top of the credit class - Published:07/11/06

Graduates may grumble about the height of borrowing they had to make to get through university and how much they now have to pay backBut new research has shown that juggling student money owing, credit cards and interest free overdrafts has shaped a...

Sickies used to go on holiday, reveals travel insurance provider - Published:07/11/06

Many Brits regularly use their sick leave entitlement to plane off to the sun, with roughly two million labour having pulled sickies in the last two years, reveals an cover corporationAccording to Direct Line Travel Insurance approximately one in te...

Barclays plans to tighten online banking security - Published:07/11/06

Barclays is preparation to issue its online banking customers with hand-held card readers in a offer to boost securityThe bank will provide the devices throughout 2007, which will be around the size of a calculatorBy scanning the chips on withdrawal...

UK credit cards celebrate 40th birthday - Published:07/11/06

The UK credit card manufacturing will be celebrating its 40th birthday this week, four decades after Barclaycard was launched from a converted shoe warehouse in NorthamptonWhile American state and Diners Club had already been operating in the US sin...

A&L launches remortgage deal - Published:07/11/06

Alliance & Leicester has launched a special two-year base-rate follower for remortgaging customers alongside new discounts on lasting dealsThe two-year base follower is available only to customers changing deals for the best mortgage rate, charging ...

Read More: A&L Launches Remortgage Deal >>

Alliance & Leicester raises mortgage rates - Published:07/11/06

Following the Bank of England monetary policy group's decision to lift its base rate of interest, mortgage provider Alliance &Leicester has opted to raise the rate on some of its dealsThe recent go up, of 025 per cent, took the interest speed from 4...

Pensions timeline - Published:07/11/06

1908 Old Age Pensions Act - introduced first universal old age pension paying a non-contributory amount of between 10p and 25p a week, from era 70, on a means-tested basis from January 1 1909 - "Pensions Day" This was introduced during the Liberal a...

Record year for ISA savers? - Published:07/11/06

Recently released figures propose the UK could be on course for a evidence breaking take up of ISA savings accounts, with 56 million people setting up an explanation in the first quarter aloneThis is a 131 per cent rise on the same period of last da...

Read More: Record Year For Isa Savers? >>

Around "one million" near bankruptcy - Published:07/11/06

Around a million people could be on the verge of bankruptcy, a YouGov poll has estimated, while another 700,000 move violently to clear their monthly debt spendingA fifth of all adults in the UK – or eight million persons – have unsecured borrowing ...

Leeds launches new fixed-rate mortgage - Published:07/11/06

Leeds Building Society has launched a novel three-year fixed-rate mortgage which it describes as "market most important"The new mortgage has a speed of 449 per cent, which officials state is the lowest fixed-rate contract availableMortgages are avai...

Real costs of ID theft not measured by £1.7bn cost, says report - Published:07/11/06

The real cost of identification theft cannot be measured by the £17 billion monetary cost, warns a new report"Identity theft has overwhelming, extremely stressful and often long-term consequences for its victims," said Claire Whyley of the National ...

Q&A: Choosing a Child Trust Fund - Published:07/11/06

The Child Trust Fund, a government-savings system which gives parents £250 vouchers to invest on their children's behalf, is unlock for commerce on 6 AprilMany parents - who are entrusted with investing the funds until their brood reach 16 - may be ...

Read More: Q&A: Choosing A Child Trust Fund >>

Zurich launches two IHT trusts - Published:04/11/06

Zurich Sterling Discretionary faith and Discretionary faith have been launched in accordance with new duty changes that have been made to inheritance duty (IHT)The products offered by Zurich are designed to provide both mediators and their customers...

Read More: Zurich Launches Two Iht Trusts >>

Mortgages not getting any cheaper - Published:04/11/06

The Bank of England decided to leave base rate unaffected for September, maintaining the 475 per cent height However, further interest speed increases are reported to be on the horizon for November, most important to further questions over mortgage ...

Tesco targets borrowers - Published:04/11/06

Tesco is to launch a new credit card that promises to give something back to the firm spending consumers in the UK who disburse a massive £250 million in interest every monthThe card will take the strange step of rewarding borrowers who pay off thei...

vulnerable groups benefit from pilot financial schemes - Published:04/11/06

Vulnerable persons in Britain are most likely to benefit from monetary skills courses, a new report claimsA pilot scheme run by Citizens Advice and Prudential indicates that teaching susceptible groups monetary skills can help them change their econ...

Call to cut trust fund time limit - Published:04/11/06

Parents should have less time to decide where to invest their child faith fund (CTF) vouchers, a leading provider of the funds has saidAt present, parents have a day to invest the CTF After that occasion, the government invests it for themBut this g...

'My endowment nightmare' - Published:04/11/06

John stir, 54, takes the promises of the UK life cover industry with a hefty pinch of saltJohn, like many other endowment mortgage holders, is learning the firm way that a sure thing is rarely what it seemsWhen John and wife take legal action bought...

Sainsbury's Bank personal loans to cover rising study costs - Published:04/11/06

Sainsbury's Bank personal loans could assist people pay for their university tuition, the provider claims, following research that highlights the rising cost of tuitionThe bank found, in the face of an increase to £3,000 from £1,175 in instruction, ...

Birmingham Midshires boosts savings rate - Published:04/11/06

[investments] [investment property] immediate bond] [investment trusts] [offshore investment] [investment advice]The company has raised the speed on its savings accounts to five per cent, next the last Bank of England base rate go upFurthermore, Bir...

MasterCard offers companies VATrecovery - Published:04/11/06

MasterCard has teamed up with T&E revival expert Meridian to offer companies the means by which to recover storage bin in 36 countriesA total of up to €5 billion (£335 billion) is lost in foreign VAT on an yearly basis by European companies, accordi...

LTSB launch new student banking option - Published:04/11/06

The account offers a free iPod drag your feet and membership to the Youth Hostels Association, which has hostels across the earthAt 512Mb, the iPod drag your feet can hold 120 songs, has a 12-hour rechargeable series and weighs 22 gramsThe bank's in...

Beware Of These 0% Card Tricks! - Published:04/11/06

When is interest-free credit not interest free When you're strained to disburse fees (and, amazingly, even interest) for the privilege of borrowing money at 0% for an extended eraMillions of borrowers have made employ of 0% balance transfers since t...

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first-time buyers' affordability 'squeezed' - Published:04/11/06

Rising home prices in September will make it more difficult for people wanting to get onto the property steps for the first time, the Royal organization of Chartered Surveyors (Rics) has explainedThe institute was responding to Halifax's home price ...

finances 'more important than looks' to women - Published:04/11/06

A new survey has optional that women believe man's healthy finances are more important than his good looksinvestigate carried out by National Savings and savings (NS&I) showed that women expect their men to have an average of £24,281 in their accoun...

CHEESY LINE.. - Published:04/11/06

students urged to consider insurance - Published:04/11/06

As thousands of young people across the UK go away home to be present at university this month, they have been urged by Barclays not to neglect taking out cover for their possessionsAccording to the have an account, insurance could be more important...

Report: Credit card rates rising - Published:04/11/06

Credit card companies have increased their interest tax to compensate for revenue they have lost as a result of inferior default charges and increasing bad debt, according to new researchMoneyfacts claims that 19 credit card firms have raised their ...

Read More: Report: Credit Card Rates Rising >>

A&L introduces new discount mortgage deals - Published:04/11/06

Alliance & Leicester has introduced two new mortgage deals to its array, cutting the rate payable on it its two-year bottom rate tracker by 05 per cent to 499 per centThe company has also introduced a lower charge to its five-year supple deal, cutti...

AA Travel Insurance offers tips to travellers - Published:04/11/06

The corporation states that two-thirds of families are planning a break this summer and the advice helps to put in order a huge tripCredit cards could be an area for concern, states AA journey Insurance, as credit card providers may block usage for ...

Big deal for shareholders - Published:04/11/06

Investors are able to reconsider their portfolios online and get access to a huge range of investigate and analysis on their holdingsThe only thing which is missing is access to annual reports and shareholders' human rights from the companies in whi...

BA pension deficit to hit 2.1bn - Published:04/11/06

Bosses at the airline were gathering union officials to discuss plans to undertake the pensions black hole - which was before put at £928mThe widening deficit comes despite BA doubling its contributions and a recent revival in the stock marketBA's p...

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Debt freedom celebrated - Published:04/11/06

Monday February 6th has been affirmed Debt Freedom Day 2006 - the hypothetical day after which borrowers have finished paying off the interest on their loans and creditIt takes an average of 35 days for British borrowers to disburse off their averag...

Newcastle launches Sixty Day Saver tracking account - Published:04/11/06

The Sixty Day investor is a simple passbook account, with an introductory most excellent saving account rate of 525 per cent for a six month periodAfter this occasion, the account is guaranteed to pay no less than 025 per cent below the Bank of Engl...

Five ways to slash moving costs - Published:04/11/06

HOUSEBUYING has always been a costly commerce, but movers are becoming increasingly bowled over by the bill for switching homesWHITE VAN MAN: touching your own things can help cut costs but beware the difficulty of big homesThe latest bureaucrat fig...

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ABCUL recommends loans over credit cards - Published:04/11/06

The organization of British Credit Unions (ABCUL) has recommended that consumers concerned about debt problems and issues could be far better off taking out a personal loan rather than a credit card if they are looking to raise financeThe Associatio...

first-time buyers 'struggle with mortgage repayments' - Published:04/11/06

Many UK unparalleled buyers are overstretched and struggling to meet their monthly mortgage repayments, a novel study showsResearch by Post Office Financial Services indicates that almost half of all unparalleled buyers (48 per cent) would only be a...

Rising bad debt could end free banking in the UK - Published:04/11/06

The rising amount of bad money owing in the UK could put gratis banking at risk, according to an expertmoneysupermarket claims that as more borrowers have mounting amount overdue such as credit cards and personal loans, many organisations could fini...

Barclays announces 200 branch closures - Published:03/11/06

Barclays is planning to close around 200 high street twigs in the UK and cut 1,203 jobs, the have an account has revealedIt quickly pointed out that it would not be pulling out of any areas at present served by Barclays The bank is still infamous fo...

Gas traders start giving it away - Published:03/11/06

A glut of natural chat supplies in Britain has seen prices collapse and left traders having to disburse for it to be taken off their handsWholesale chat prices for immediate delivery twisted negative on Tuesday as supplies surged in from the new Lan...

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Prudential With-Profits Annuity 'for lifelong income' - Published:03/11/06

The Prudential With-Profits pension could provide the vital long-term financial strength that is essential for such productsResearch by Prudential reveals that many financial advisors consider that financial strength is vital for any with profits an...

holidaymakers urged to exchange leftover cash - Published:03/11/06

Holidaymakers are being urged to boost their savings money by exchanging the excess overseas currency they return home with on their vacation back into sterlingThe Post place of work believes that some 33 million holidaymakers are custody leftover s...

britons failing to get to know neighbours - Published:03/11/06

Brits are risking their home security by deteriorating to know their neighbours, with more than half (55 per cent) not capable to name the persons who live next door, a new poll showsA survey by Norwich Union Insurance found that almost two out of t...

Students plan for £15k debt - Published:03/11/06

Students about to enter their first year of institution of higher education expect to pay £33,512 for a three year amount course, NatWest info have shown, with £14,779 of that borrowedThe added costs – with a institution of higher education educatio...

Read More: Students Plan For £15K Debt >>

May sees house price growth slow - Published:03/11/06

home prices rose by just 01% in May, the smallest periodical increase since January, the Halifax bank saidMay's rise was noticeably below the 20% increase recorded in April The annual rate of price increase stands at 91%"There are cipher that housin...

Read More: May Sees House Price Growth Slow >>

Even Better Than Stoozing - Published:03/11/06

'Stoozing' is a damn inquisitive word It's when you get a 0% on equilibrium transfers credit card and transfer the balance to a bank account that pays a far above the ground interest Before the introductory 0% period expires, you disburse off the cr...

Bad consumer debts continue to rise at Lloyds - Published:03/11/06

Bad debts at Lloyds TSB's retail banking separation have increased by 34 per cent over the history year, the bank has admitted, half of which concerned customer bankruptcyThe number of bankruptcies in the UK has doubled since laws were distorted to ...

Borrowing Binge Boon For The Stock Market - Published:03/11/06

Charles P Kindleberger, in Manias, Panics and Crashes, a book about monetary crises, says that all bubbles are due to 'loose credit' or when it is simple to borrow moneyArguably, loose credit has already caused speculative mania in some benefit clas...

New options to find a mortgage in Spain - Published:03/11/06

Banco Halifax Hispania has opened two novel branches, designed for UK residents looking to find a mortgage in Spain The new outlets will serve borrowers looking for mortgages in Sotogrande and Guadalmina on the Costa del Sol An increasing figure of ...

Travel insurance provider offers camera advice - Published:03/11/06

UK holidaymakers have been given a number of instructions to prevent the need for travel insurance claims for lost camerasjourney insurance provider esure has offered the instructions to Britons, which comprise keeping cameras safe in a waterproof c...

Scarborough Young Super Saver 'encourages early saving' - Published:03/11/06

A novel campaign has been launched to promote the Scarborough Young wonderful Saver account and other products that feature in the society's elegant Kids rangeIt is hoped that more children and their parents will symbol up for the Scarborough Young ...

Pet insurance warning over dogs - Published:03/11/06

Pet cover provider Direct Line has warned owners of the dangers of feeding too many sugary treats to their dogThe corporation claims that not taking enough care over their dog's physical condition could lead to severe physical condition problems, ir...

Read More: Pet Insurance Warning Over Dogs >>

Primed to explode - Published:03/11/06

Lesley Bishop has been waiting three years for her donation mis-selling complaint to be settled The Ombudsman receives 250 more every day There are three million potential wounded and they all want action NOWYears of misery for the thousands attenti...

Some balance transfer deals more equal than others - Published:03/11/06

The best tax available on balance transfer credit cards can vary by as much as ten per cent Moneyfacts has said, caution card users to choose their deal carefullyFor card users weary of chasing the next zero per cent deal, the equilibrium transfer m...

Swiftcover.com pet insurance launched - Published:03/11/06

A new addition to the swiftcovercom cover range has been announced in the form of low price pet insuranceThe company has added the pet cover to its website and the rule can be only be purchased online, in keeping with swiftcovercom's status as the U...

ALIL Euro Savings increases rates - Published:03/11/06

An increase in the interest rate to Alliance & Leicester International's (ALIL), Euro Savings explanation has been announced by the offshore investments bankThe rate of the ALIL Euro Savings account has risen 025 per cent from 290 per cent to the ne...

Consumers get access to Halifax Legal Solutions - Published:03/11/06

Halifax lawful Solutions has been launched to give consumers access to a novel range of services ranging from will writing to divorce adviceWhile the AA has launched a alike service, it is believed that Halifax lawful Solutions is the first product ...

Savings raiding falls 10% - Published:03/11/06

The figure of people raiding their savings accounts fell more than ten per cent through the first few months of 2006, says investigateOnly 37 per cent of the UK raided their savings accounts through the first three months of 2006, down from 45 per c...

'Large demand' for HSBC Pension Term Assurance - Published:03/11/06

The HSBC Pension Term Assurance (PTA), a existence insurance product, has been trade like hot cakes according to the bankThe product, which offers customers up to 40 per cent duty relief on premiums, currently accounts for more than eight out of ten...

Finance no grounds for separation say couples - Published:03/11/06

Nine out of ten adults in the UK would not think ending a relationship if they discovered that their partner had secretly run up large debtsin its place, almost eight out of ten UK people would forgive their partner and help them labour through thei...

Government pressure for green mortgages - Published:03/11/06

The government could take physically powerful moves to encourage mortgage lenders to fund green house loans as part of their plans to tackle climate alter Yvette Cooper, the housing minister, let slip that lenders should be offering additional money...

Standard Life windfall cash-in - Published:03/11/06

Customers cashing in their policies with criterion Life have hit the insurance collection's half-year profitsIt reported operating profits of £206m, at the lower end of forecasts, after it raised supplies to cover the price of people leaving from £2...

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England scrapes bottom of finance Euro league - Published:03/11/06

England has been rated bottom of a league bench of European countries rated by financial knowledgeEngland was rated first when judged on investments levels and pay packets but was hampered by feeble performances in other fields against Italy, Spain,...

Indian premier to push for financial reform - Published:03/11/06

All times are London time Search information in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksWORLD Asia-PacificBreadcrumb trail navigation:FT Home > earth > Asia-PacificIndian premier to push for financial reformManmohan Sing...

Consumer suspicions grow on Chip and Pin security - Published:02/11/06

Cash machines are extensively mistrusted by the general public, whose safety suspicions are growing thanks to reports that fraudsters have found ways round Chip and fasten securityThe research also revealed that around 20 per cent of the 62 billion ...

Tesco launches credit card for the self-employed - Published:02/11/06

Tesco has launched a credit card tailored for the 25 million sole-traders in the state offering an eight-week interest holiday and free "petroleum points" on all balancesThe points can be redeemed for fuel at Tesco petrol stations The company estima...

Pru receive lifetime mortgages award - Published:02/11/06

Monefacts, the internet -based financial contrast firm, have awarded Pru the accolade of being the best in the lifetime mortgages divisionApparently the Pru, who only entered the lifetime mortgages market one year ago, provide their clientele with t...

Post Office cuts credit charges abroad - Published:02/11/06

Those who use a Post Office credit card can now take it abroad without having to fear astronomical concealed charges for using it beyond the borders of the UKThe Post place of work has announced that it will not charge any commission for those using...

Financial ignorance costs £32,000 - Published:02/11/06

The average couple will have lost the equal of a years wage through financial lack of knowledge by the time they reach their early middle-age says new researchThe study by the organization of Public Policy Research (IPPR) showed that an average pair...

HSBC slams rivals over mortgage margins - Published:02/11/06

HSBC has claimed that it is the only main lender to have reduced mortgage margin against base speed, and has criticised its rivals for not next suitSince HSBC promised back in July 2000 never to exceed bottom rate by more than one per cent it has cu...

UK predicts prosperous 2006 - Published:02/11/06

More than a third of the UK public believes that they will be richer at the end of 2006 than they were going into the year, a Nationwide Building Society poll has revealedThe confident prediction makes a difference when compared to the gloomy expect...

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OFT rules against MasterCard - Published:02/11/06

In a landmark decision, the Office of pale Trading (OFT) has slammed credit card supplier MasterCard for overcharging customersThe OFT said that MasterCard overcharged clientele by £427 billion on over 700 million buy transactions in the UK in 2004A...

Read More: Oft Rules Against Mastercard >>

Lloyds' internet banking tool scoops customer service nomination - Published:02/11/06

Lloyds TSB has been nominated for a National Customer overhaul prize for its innovative internet banking deviceThe bank's internet banking safety device, the right of entry Code Device, has been nominated in the e-Commerce Customer overhaul Award an...

Credit card issuers raise rates - Published:02/11/06

Many credit card firms have increased their interest rates in the last three months to counterbalance enforced cuts in their default fees, a account showsEarlier this year, the Office of Fair Trading (OFT) told them to halve their typical non-paymen...

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House price surveys explained - Published:02/11/06

Every other day seems to bring a fresh home price survey, but each often appears to contradict the lastThis survey, which comes out once every three months, is the most comprehensive of the lot, and is extensively considered to be the most authorita...

Read More: House Price Surveys Explained >>

The Secrets Of Financial Success - Published:02/11/06

According to a recent survey for "How to" website VideoJug, the ability that Britons would most like to acquire is how to make moneyAs someone who spent the first three decades of his life throwing money away give over fist, this information comes a...

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Homeowners to benefit from Direct Line flooding advice - Published:02/11/06

An increased risk of flooding due to increasing spring tides has prompted Direct Line to offer homeowners pre-flood adviceThe Environment Agency has warned that from October 7th to the 10th comprehensive, spring tides in the UK will be higher than t...

Student Barclaycard condemned for irresponsible lending - Published:02/11/06

money owing campaigners have condemned Barclaycard after it announced that it has doubled the amount of credit on offer on its student cardThe Student Barclaycard will now offer students an instant £600, twice last year's £300 boundary, charging 149...

Barclaycard revamps student credit cards - Published:02/11/06

Barclaycard has launched a new scholar credit card, coinciding with the return of students to universityThe company claims that the credit card, named Barclaycard Student, will help users to be careful with credit card spending and "gain the most fr...

Travel insurance a must for activity holidays, AXA advises - Published:02/11/06

Around one million Britons claimed on their travel cover for having suffered accident or wound in the last five years, according to investigateOver 13 million people will go on an activity holiday this year and 200,000 of these could be at risk, the...

BANKS TO GIVE US LESS FREE TIME WITH OUR MONEY - Published:02/11/06

The Office of Fair Trading has rightly challenged the extreme penalty fees banks impose on account and card holderscash comparison website moneynetcouk warns that banks are looking for habits to recoup any lost income For example, Lloyds TSB's lates...

Mortgage trends changing, expert claims - Published:02/11/06

Due to rising home prices, mortgages over 20 or 25-year periods are no longer reasonably priced for many UK residents, an specialist has claimedMore than two-fifths of UK borrowers are taking mortgages with conditions in excess of 25 years, research...

Don't Be Mugged By Your Bank! - Published:02/11/06

According to a account from uSwitch, we Brits are wasting hundreds of millions of pounds every year, gratitude to packaged current accountsThese current accounts accuse a monthly fee in return for a wrap up of 'free' additional services of dubious v...

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Putting property into a pension - Published:02/11/06

BBC News Ask the Expert column gives readers a possibility to have their monetary questions answeredBarry Monks wants to know if new pension system, due to be introduced next April, will let him to buy a holiday home in Spain and put it into his pen...

Read More: Putting Property Into A Pension >>

Lloyds TSB launches cardless football rewards - Published:02/11/06

Lloyds TSB has announced that its credit and withdrawal card customers will now be able to take advantage of a cardless loyalty programme with sports definite RewardThe agreement means that clientele will be able to gather points without having to c...

Higher lending charges cost UK £200m says Nationwide - Published:02/11/06

Higher lending charges on mortgages will strike an estimated £200 million in the UK through 2006, countrywide has predictedHigher lending charges are usually practical to mortgages when buyers need to have a loan of more than 90 per cent of a proper...

New misery after claims firm folds - Published:02/11/06

SIX thousand people whose endowments unsuccessful to deliver the promised income now face another blow - the claims company they paid to help them seek recompense has gone bustMany may now have lost all hope of compensation because they will have ov...

Brits keep silent on money, says first direct - Published:02/11/06

Only a minority of people disclose in their best friends about their money troubles, according to new investigate undertaken by first directIt found that just 22 per cent of persons in the UK would consider discussing their cash problems with a most...

Fingerprint payment tested in UK - Published:02/11/06

Payment by fingerprint is being experienced in the UK, with a view to a national rollout of the system if trials prove to be winningPay By Touch is designed to improve security when paying by credit and debit card at retail outletsA fingerprint scan...

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How lenders make their decisions - Published:02/11/06

The BBC News website's reader debt journal has examined the attitude of lenders to mum-to-be Sayara Beg's struggle with awful money owingA banking industry expert explains how credit card providers make their lending decisions and contract with bad ...

Read More: How Lenders Make Their Decisions >>

Zurich Adaptable Life Plan commences - Published:01/11/06

Zurich has launched a preparation solution for inheritance tax (IHT) following new research that shows the average house price in London now exceeds the IHT thresholdThe average home price is £286,369 in the capital, compared with an IHT smallest am...

Fix your mortgage for 15 years - Published:01/11/06

What will you be doing for the next 15 years While more adventurous font would recoil at the thought of knowing, there are many people out there who would like the security of being able to diagram the next decade-and-a-half of their livesThe choice...

Read More: Fix Your Mortgage For 15 Years >>

Tesco moves into software - Published:01/11/06

Tesco is to launch a variety of budget own-brand PC software, in a move that will playing field the grocery giant against the likes of Microsoft and SymantecTesco said it would proffer six packages, including office software, security systems and a ...

Prudential Home Insurance offers flooding advice - Published:01/11/06

Due to rising spring tides and an increased danger of flooding, Prudential Home Insurance is the latest have an account to offer advice in the occasion of floodingNot only are the highest tides in 20 natural life predicted between October 7th and 10...

Forgotten pins needling the elderly - Published:01/11/06

A report from the every day Mail group says that the new technology is proving to be a frightening for pensioners because they have difficulty remembering their fasten numbersThe personal identification numbers (pin) on credit and withdrawal cards h...

Q&A: Endowment time bars - Published:01/11/06

The timepiece is ticking if you believe you were mis-sold an endowment policy If you do not act, you may find your complaint has been "time-barred" BBC information explains the rulesThe bars are based on rules put out in the Limitation Act 1980 and ...

brit kids cost parents dear on holiday - Published:01/11/06

Children in Britain are costing parents a luck to take on overseas holidays, new research revealsWith a typical family with two brood paying £1,850 for their kids alone during the tallness of the holiday season, Britons are paying around £19,301 on ...

£30,000 income for first home - Published:01/11/06

FIRST-TIMERS have made a substantial homecoming to the property market with more beginner buyers taking out a homeloan than at any time since December 2002BREAKING POINT: unparalleled buyers across the UK are looking at an profits of almost £30,000 ...

Read More: £30,000 Income For First Home >>

Green fingers worth £8,000 says survey - Published:01/11/06

Tidying up a messy garden could put in up to £8,000 to the cost of the average home claims new investigate, but most homeowners do not botherUp to two thirds of all homeowners who moved in 2005 missed out on the premium because they did not use thei...

summer holidays leave hefty repair bill - Published:01/11/06

custody children at home during the holidays can result in sizeable unforeseen bills for UK parents, according to a novel learnFigures from Lloyds TSB Insurance indicate that home insurance claims for accidental injure rise by 25 per cent during the...

Beware 'mates' bad credit trap - Published:01/11/06

Cash-strapped unparalleled buyers clubbing together to climb onto the property ladder with 'mates mortgages' could be in danger of declining into a bad credit trapTRAPPED BY organization: First-time buyers clubbing together could find themselves aff...

Read More: Beware 'Mates' Bad Credit Trap >>

'North-South gap the widest ever' - Published:01/11/06

THE North South property divide reached a record height in June as prices continued to boom in southern regions, info showed todayThe Royal Institution of Chartered Surveyors supposed the cost of a home in London rose at its best rate for six-and-a-...

Christmas Cards - Published:01/11/06

Credit certificate companies are due for a bumper Christmas through consumer spending on balance move fees and no-longer-quite-so-attractive best rate deals, Which has warnedWith the best tax averaging around 15 per cent, Christmas spending when you...

students harbouring significant assets - Published:01/11/06

Students' wealth has increased by some 50 per cent over the last decade, according to figures from Direct Line Home InsuranceThe typical student is no longer a down-at-heel monetary deviant, it seems – with the average one owning some £2,900-worth o...

Cahoot launches mortgage range - Published:01/11/06

Online bank Cahoot has announced the launch of a variety of set rate, tracker and flexible mortgagesThe mortgages, offered in combination with Abbey, will constitute a trial run for the bank till JanuaryIt will launch its own mortgage variety in pro...

Read More: Cahoot Launches Mortgage Range >>

A&L cuts loan rate - Published:01/11/06

coalition & Leicester has announced that it is to slash the interest on its leading personal loan deal to now 59 per centThe rate is applicable for amounts between £5,000 and £20,000 and is obtainable over the phone, online and in branchesThe bank c...

New Barclaycard encourages customers to manage debt - Published:01/11/06

Barclays has announced trials of a novel credit card that will give confidence customers to pay off their balances quicker using interest rate incentivesThe product, called 'refund Rewards', will offer a lower rate of interest to customers who disbu...

Entrepreneurial mothers bringing in money says AXA - Published:01/11/06

A growing figure of mums are proving to be entrepreneurial from the home, new investigate by AXA has foundAn average figure of £5,614 is being made by mums-turned-entrepreneurs and 34 per cent of new and expectant mothers are generating profits from...

prospective homebuyers enjoy financial fling - Published:01/11/06

Almost one in five Britons looking to get onto the property steps for the first time are enjoying a so called 'financial fling' before they do themselves to paying off their mortgageAlliance & Leicester's first occasion buyer report, which surveyed ...

AA Legal Services introduced to market - Published:01/11/06

The UK's first major non-legal brand to enter the marketplace has emerged as AA Legal Services was launchedBetter recognized for its motor insurance aid, the AA will now provide conveyencing, wills and trusts, inheritance tax military and personal i...

Children's savings option a success, Treasury claims - Published:01/11/06

savings [investment property] [instant bond] [investment trusts] [offshore investment] [investment advice]The child trust fund savings accounts have been a achievement since their inception, a administration official has claimedMore than three-quart...

Brits fuel global property boom - Published:01/11/06

With relatively few bargains to be found here, tens of thousands are looking abroad to invest in a cheap vacation home or an idyllic mark for retirement, according to a report yesterdayusual European hotspots such as France and Spain are not as popu...

Read More: Brits Fuel Global Property Boom >>

Secured lending market to slow down - Published:01/11/06

The fast growth of the secured lending market is to slow down, according to the business forecaster company DatamonitorHowever, this means consumers will be clever to get better secured loan deals as far above the ground street banks begin to compet...

Rate rise threat to house market - Published:01/11/06

ECONOMISTS have warned that the past's rate rise could affect the property market, causing possible buyers to lose their nerve, with prices tumbling as a resultThe Bank of England without warning raised the base rate a quarter-point to 475%, deliver...

Read More: Rate Rise Threat To House Market >>

Catch that falling fix - Published:01/11/06

Fixed speed mortgages have been falling, giving homeowners the chance to break up some great dealsPortman BS has brought out new two, three and five-year fixed rates, and slash its fees to further reduce the total price of a mortgageWith all these m...

UK far from debt meltdown, says A&L - Published:01/11/06

The UK is a extended way from the debt meltdown predicted by some analysts, figures from coalition & Leicester have claimedAs bankruptcies and other debt management schemes such as Individual Voluntary Agreements (IVAs) have hit record take-up level...

Over-50s keeping an eye on tomorrow says survey - Published:01/11/06

The over-50s are the country's leading savers claims new marketplace investigate by Birmingham Midshires, having saved an average £550 over the last quarterThis was 33 per cent up on the standard £413 they saved during the first three months of the ...

Leeds raises bar for internet savings - Published:01/11/06

Leeds structure Society has raised the interest rate on its online savings financial records by 04 per centThe savings financial records now pay a guaranteed homecoming of five per cent, which the corporation describes as "outstanding"Savers are abl...