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 ...

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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...