Posts Tagged ‘
interest rates ’
Jun 13th, 2009 |
By admin |
Category: Loan News
According to a recent report whilst loan rates in the UK may have increased recently there are still some decent deals available for a number of consumers.
Tags: interest rates, loan deals, loan rates, loans
Posted in Loan News |
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May 26th, 2009 |
By admin |
Category: New Articles
The interest rates for mortgages in the UK are at the lowest level they have been in 300 years. Many homeowners are wondering if they should lock in their mortgage at these lower rates in an attempt to save money on their mortgage payments.
Tags: base rate, fixed rate mortgages, interest rates, lock mortgage rates, mortgages, variable rate mortgages
Posted in New Articles |
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May 22nd, 2009 |
By admin |
Category: Loan News
After the recent Monetary Policy Committee meeting earlier this month the Bank of England announced that the base interest rate was to be left on hold at 0.5 percent.
Tags: base rate, economy, interest rates
Posted in Loan News |
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Mar 6th, 2009 |
By admin |
Category: Mortgage News
The Council of Mortgage Lenders has asked for a lower cap to be introduced, which would mean that mortgage lenders would not be expected to reduce their mortgage interest rates beyond a certain level.
Tags: CML, council of mortgage lenders, Homeowner Mortgage Support Scheme, interest rates
Posted in Mortgage News |
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Jan 18th, 2009 |
By admin |
Category: Mortgage News
Following the recent Monetary Policy Committee meeting held last week the Bank of England has announced that the UK base interest rate has been cut yet again, falling by 0.5 percent from 2 percent to just 1.5 percent.
Tags: bank of england, interest rates
Posted in Mortgage News |
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Dec 22nd, 2008 |
By admin |
Category: Loan News
Consumers are being warned that over the past few months the interest rates charges on personal loans have rocketed, and rates are now well over double the official base rate of 2 percent, with more than a 5 percent margin between the base rate and the average rate of interest charged on these loans. In [...]
Tags: interest rates
Posted in Loan News |
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Nov 14th, 2008 |
By admin |
Category: Mortgage News
Between last December and April of this year the base rate was cut three times, each time by 0.25%. In a surprise move earlier this month, a day ahead of the October Monetary Policy Committee meeting, the Bank of England cut the base rate by a further 0.5% taking it to 4.5%. it was hoped [...]
Tags: interest rates
Posted in Mortgage News |
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Nov 12th, 2008 |
By admin |
Category: Loan News
Since the onset of the global credit crunch consumers in the UK have been affected in many ways, with the cost of borrowing rocketing and with availability of finance in all sectors becoming more restricted and difficult. Many consumers have found that whilst they were able to get finance with relative ease a year or [...]
Tags: interest rates, personal loans
Posted in Loan News |
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Nov 11th, 2008 |
By admin |
Category: Mortgage News
According to recent report the Nationwide Building Society is planning to pass on part of the latest base rate cut, although it will not be passing on the full rate cut to borrowers. Officials state that as of the start of November Nationwide will be reducing the interest rates on its standard variable rate mortgages [...]
Tags: interest rates, nationwide
Posted in Mortgage News |
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Nov 7th, 2008 |
By admin |
Category: Loan News
According to a recent report lending amongst UK banks is getting even more difficult, and many of the banks and building societies in the UK are set to cut their lending level even more than they have over the past year, since the onset of the global credit crunch. This data comes from a report [...]
Tags: bank of england, interest rates
Posted in Loan News |
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Oct 21st, 2008 |
By admin |
Category: Mortgage News
Earlier this week the Prime Minister, Gordon Brown, and the Chancellor of the Exchequer, Alistair Darling, announced that the UK base rate was being cut by 0.5% from 5% to 4.5% in a surprise move one day ahead of the Monetary Policy Committee meeting. Other central banks around the globe, including the US Federal Reserve [...]
Tags: bank of england, interest rates, mortgage rates
Posted in Mortgage News |
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Oct 20th, 2008 |
By admin |
Category: Mortgage News
Earlier this week the Prime Minister, Gordon Brown, and the Chancellor of the Exchequer, Alistair Darling, called a press conference where they announced that the UK’s base interest rate had been cut by 0.5% in an unprecedented move that saw central banks around the glob cutting their interest rates. The move came just one day [...]
Tags: bank of england, federal reserve, interest rates
Posted in Mortgage News |
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Oct 3rd, 2008 |
By admin |
Category: Mortgage News
The interest rates on some mortgage products are now almost the same as they were in the summer of last year before the onset of the global credit crunch, according to a recent report. Officials from Moneyfacts have recently researched mortgage interest rates, and have found that in many cases they average rates are only [...]
Tags: interest rates, mortgages
Posted in Mortgage News |
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Oct 1st, 2008 |
By admin |
Category: Mortgage News
There has been a great deal of speculation over when and by how much the Bank of England will cut the base interest rate over the next year, with inflationary pressures coupled with the threat of recession making decisions challenging for the Monetary Policy Committee. A number of industry officials have now said that the [...]
Tags: bank of england, interest rates, mortgages
Posted in Mortgage News |
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Sep 29th, 2008 |
By admin |
Category: Mortgage News
One member of the Monetary Policy Committee, which is involves in cutting rates, has recently called for major cuts to the UK’s base rate in order to avoid an economic slump that could last for a long period of time. The warning comes from MPC member David Blanchflower, who has been consistently voting for a [...]
Tags: interest rates, mortgages
Posted in Mortgage News |
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Sep 13th, 2008 |
By admin |
Category: Loan News
In a recent speech the governor of the Bank of England, Mervyn King, said that there was a good chance that any further interest rate cuts for the remainder of this year would be put on hold, with the central bank now concerned that the soaring rate of inflation is getting more and more out [...]
Tags: bank of emgland, interest rates
Posted in Loan News |
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Sep 5th, 2008 |
By admin |
Category: Featured Articles
Over recent months we have heard a lot about both soaring inflation levels and falling interest rates. Between August 2006 and July 2007 the nation saw interest rates rise five times, each time by 0.25%, taking the base rate up to 5.75%. However, between December of last year and April of this year the base [...]
Tags: interest rates
Posted in Featured Articles |
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Sep 4th, 2008 |
By admin |
Category: Mortgage News
The Bank of England has announced that the base rate for August is to be held at 5% following the Monetary Policy Committee meeting, which was held last week to determine any movement in the base interest rate. It is a move that has come as no big surprise to most, with soaring inflation levels [...]
Tags: interest rates
Posted in Mortgage News |
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Jun 16th, 2008 |
By admin |
Category: Mortgage News
Earlier this month the Monetary Policy Committee met for its monthly meeting in order to discuss the base rate, and it was decided following the meeting that the base interest rate would be kept on hold at 5%. The base rate was last cut in April, following two earlier rate cuts. However, despite concerns over [...]
Tags: bank of england, interest rates, monetary committee
Posted in Mortgage News |
1 Comment »
May 23rd, 2008 |
By admin |
Category: New Articles
In April of this year the Bank of England cut the base rate for the third time since December of last year, cutting it by a further 0.25% and taking it from 5.25% to 5%. Following the rate cut the majority of analysts and economists predicted that there would not be a further interest rate [...]
Tags: bank of england, interest rates, mortgages
Posted in New Articles |
1 Comment »
May 23rd, 2008 |
By admin |
Category: Mortgage News
An industry official has expressed concern that the Bank of England is effectively losing control of retail interest rates, stating that the recent base rate cuts by the central bank have often gone ignored by lenders, who have continued to raise their interest rates despite the base rate cut. Since December there have been three [...]
Tags: bank of england, interest rates, mortgages
Posted in Mortgage News |
1 Comment »
May 12th, 2008 |
By admin |
Category: Debt News
Chancellor of the Exchequer, Alistair Darling, has recently announced that he wants banks to do what they can to help the more vulnerable families in the country, stating that banks need to help struggling homeowners in order to reduce the risk of rocketing repossession levels. Both Darling and the Housing Minister, Caroline Flint, have stated [...]
Tags: bank of england, interest rates, mortgage rescue plan, mortgages
Posted in Debt News |
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Apr 19th, 2008 |
By admin |
Category: Mortgage News
The Bank of England announced earlier this week that the base rate was being cut by 0.25%, taking the base rate from 5.25% down to 5%. The announcement came after the Monetary Policy Committee meeting on Thursday, but did not come as a surprise to many industry experts who had been expecting the bank to [...]
Tags: bank of england, interest rates, mortgages
Posted in Mortgage News |
1 Comment »
Apr 11th, 2008 |
By admin |
Category: Loan News
Homeowners, many of whom are already struggling to try and keep up with mortgage repayments despite the recent interest rate cuts, are facing a real struggle when it comes to coping with their finances according to a recent report, with many expecting to face difficulties in coping financially due to strained household finances. The report [...]
Tags: homeowners, interest rates
Posted in Loan News |
1 Comment »
Mar 29th, 2008 |
By admin |
Category: Loan News
Despite the two most recent Bank of England interest rate cuts the interest charged on personal loans in the UK is continuing to rise, leaving many potential borrowers facing huge costs relating to their borrowing, The rates on personal loans have been rising for some time, and as a result of the credit crunch many [...]
Tags: interest rates, loans
Posted in Loan News |
1 Comment »
Mar 27th, 2008 |
By admin |
Category: Mortgage News
Most first time buyers in the UK have very little to put down by way of deposit on a mortgage, and this is because they have no previous property from which to use equity towards a deposit. In the past this has not proven too much of a problem, as many first time buyers have [...]
Tags: first time buyers, interest rates, mortgages
Posted in Mortgage News |
1 Comment »
Mar 20th, 2008 |
By admin |
Category: Mortgage News
According to recent figures from the Bank of England, many first time buyers are now facing crippling mortgage rates, with many being hit by the highest mortgage rates in over seven years. Data from the central bank suggests that in some cases first time buyers are being hit with interest rates on mortgages that are [...]
Tags: first time buyers, interest rates, mortgages
Posted in Mortgage News |
1 Comment »
Mar 17th, 2008 |
By admin |
Category: Mortgage News
Following the latest Monetary Policy Committee meeting last week the Bank of England has decided to keep interest rates on hold amidst concerns over rising inflation. Although there have been calls for the central bank to cut rates as a result of the flagging economy officials have also had to take into consideration the risks [...]
Tags: bank of england, economy, interest rates, mortgages
Posted in Mortgage News |
1 Comment »
Mar 1st, 2008 |
By admin |
Category: Debt News
Homeowners that have entered into an IVA, or Individual Voluntary Arrangement, could face soaring interest charges on their mortgage as the result of a clause in the agreement that requires them to use the equity in their home to put towards their debts. An IVA is known as a softer alternative to bankruptcy, and those [...]
Tags: debts, homeowners, interest rates, iva
Posted in Debt News |
1 Comment »