Alliance & Leicester: Savings and assets outweigh debts by Finance News Bulletin

Published: 24/11/07

The total value of investments and assets in the UK is approximately four times higher that that of the nation's mortgages and debts, according to coalition & LeicesterIn a new study, the corporation revealed the sum of people's savings and evenhandedness in the UK is £51 trillion - compared with the £13 trillion money owing mountain

However, while these figures may suggest the UK is safely in the black, it was also found that this wealth is not spread evenly across the populationFor example, people living in London, the south-east and the south-west of England own 51 per cent of the state's net assets and 46 per cent of total investmentsYesterday, Alliance & Leicester launched a Visa pre-paid card for commerce that

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Costs of breaking up harsh says A&L - Published:19/01/07

The end of a long-term relationship can strike your wallet as hard as it hits your heart says investigate by Alliance & LeicesterThe survey found that the standard cost of re-establishing a life exterior of a relationship averages £13,500 per associate once replacing jointly owned items was consideredOnly one per cent of persons who have made a joint purchase in the past have careful signing a contract detailing how it would be divided in the case of a splitThree per cent supposed that they had verbal agreements and an overwhelming 92 per cent believe that they would be able to organize any division fairly, or had never considered the issueNine out of ten adults in relationships in the UK speak that they make combined purchases with their partner"It is understandable that most couples buy things together, whether it is a major purchase like a new car or slight purchases like CDs or DVDs, without thinking about what might happen if one day they tear," said Claire Alvet of Alliance & Leicester"There are serious moving issues that are quite rightly at the top of the programme, especially if children are involved, but the cost of splitting up can last longer than the heartbreak itself," she addedAlliance & Leicester recommends a homeowner loan as the simplest method of covering the one off costs of a smash upMoneyExpert Limited is authorised and regulated by the Financial Services power (FSA Registration No 301654) The monetary Services Authority does not regulate some forms of mortgage.

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

The Bank of England's monetary policy group (MPC) has kept interest rates on hold at 475 per cent at its periodical rate-setting meetingBefore today's announcement, financial experts had not been clever to decide whether the MPC would yield to inflationary pressure by raising rates for the moment time in 14 monthsHowever, in recent days the pressure to add to rates may have been eased by getting better consumer confidence, falling energy prices and lowering estimates of nationwide growthAccording to Mehrdad Yousefi, head of intermediary mortgages at Alliance & Leicester, given a "buoyant" economy and above-target inflation, interest tax would rise to five per cent before the end of 2006Mr Yousefi said that the predicted speed rise should encourage first-time buyers on a taut budget to obtain a fixed-rate mortgage to "secure" themselves against speed rises"For those homeowners who are able to be more flexible with their finances, there are still many competitive tracker deals on the market," he addedTerms of employ Advertising Resources Product guides push releases.

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 three-year fixed manufactured goodsAllied to this, a £100 bonus procuration fee is given to clientele whose application is approved through to the completion stageMehrdad Yousefi, head of intermediary mortgages at Alliance & Leicester, stated: "We continue to bring competition to the expert lending sector offering brokers better choice and value for money when it comes to buy-to-let, self-certification and near major products"The Alliance & Leicester buy-to-let mortgages range from two to three years and interest rates start at 490 per cent increasing to 505 per cent The Alliance & Leicester self-certified base speed tracker mortgage is a two-year loan with an interest rate of 525 per centA buy-to-let mortgage is tailored towards landlords who purchase a house specially to rent it out whereas a self-certified mortgage caters for the self-employed who may not be able to.

Alliance & Leicester: Savings and assets outweigh debts by Finance News Bulletin

Published: 24/11/07

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Costs of breaking up harsh says A&L - Published:19/01/07

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

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