Compensation scheme hits Nationwide
Monday, June 22nd, 2009The largest building society in the UK has said its profits have been slashed by an “unfair” amount of contribution required for a savings protection scheme. Based on Pre-Tax figures from the last tax year, Nationwide Building Society profits were down 69% to £212 million. Nationwide has said the £241m paid to the Financial Services [...]
Will Base Rate Cut Mean Lower Borrowing Costs?
Sunday, January 11th, 2009The Prime Minister, Gordon Brown, and the Chancellor, Alistair Darling, recently announced some welcoming news to the nation, stating that the base rate was going to be cut a day ahead of the Monetary Policy Committee meeting. The base rate was cut by 0.5%, which was the biggest cut for some time, and many consumers [...]
Getting Your Property Valued
Tuesday, January 6th, 2009Since house prices peaked in the UK last October many homeowners have lost track of what their homes are now actually worth. This is because house prices have been falling month on month for almost a year, and with a range of reports claiming that home prices have dropped by varying levels many homeowners may [...]
Improve Your Chances Of Loan Success
Wednesday, December 24th, 2008The current global financial crisis has made it increasingly difficult for many people to get a loan, or any other type of finance for that matter. Lenders have really tightened up on their lending criteria, and this means that many people that may have easily been able to get a loan or finance in the [...]
Avoid Paying Too Much For Your Mortgage
Thursday, November 20th, 2008Of course you want to save as much money on your mortgage as you can. The interest rate has a lot to do with how much it will cost you to finance the amount of money you borrow to buy a home. Shop around for interest rates among the various mortgage lenders before you actually [...]
How To Improve Your Odds Of Getting A Great Mortgage Deal
Saturday, November 8th, 2008It is not always easy to find a mortgage that is both suitable and affordable, and this has never been more true than it is today, when credit conditions are so difficult and many people are trying to cope with overstretched finances. However, no matter how tempting it may seem it is important that you [...]
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