Loan and mortgage fees could increase due to reforms
Industry experts have predicted that the fees and charges associated with loans and mortgages from banks could soar in the future as a result of sweeping reforms planned by the government to stop a...
View ArticleNew home loans at highest level in over a year
It was recently reported by the British Banker’s Association that the level of new home loans for the month of May jumped to its highest level in over a year. The increase in mortgage approval levels...
View ArticleExperts give opinions on FSA mortgage lending regulation changes
The mortgage markets have been turbulent to say the least over the past couple of years, and many of the problems that have almost brought the financial sector to its knees have been blamed on...
View ArticleCost Of Personal Loans Increased By Banks
Recent figures have shown that since the start of this year the cost of personal loans has been increased by banks, and this is despite the fact that the base interest rate has been at an all time low...
View ArticleIncrease in property sales in February
Recently released figures have shown that the level of property sales in February picked up. The data was released by HM Revenue and Customs, and showed that there was a 14 percent increase in...
View ArticleBBA says mortgage lending still subdued
A recent report from the British Banker’s Association has shown that mortgage lending levels for the month of February remained subdued. In its report the BBA stated that the UK’s big banks approved...
View ArticleLenders lose High Court ruling over PPI
This week saw lenders lose their High Court battle over PPI compensation, which means that banks will have to contact and pay compensation to millions of people who claim to have been mis-sold the...
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