Financial Information Index

Understanding Car Insurance Discounts

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Posted 2008-04-24

Trying to save money wherever you can is important to us all. Car insurance should be no different. Do not assume that your agent knows everything about you and your vehicle. Drivers should take advantage of all discounts that many...

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‘Offsetting’ promises impressive savings for borrowers

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Posted 2008-02-17

An offset mortgage is a common mortgage product in the UK, and is designed for the purchase of domestic property. The key feature is the ability to reduce the interest charged by offsetting a credit balance against the mortgage debt....

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Interest rate cut spurs mortgage lenders to follow suit

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Posted 2008-02-16

In the wake of the recent interest rate cut by the Bank of England, mortgage lenders have moved to slash home loan rates- in keeping with the trend. In a further effort to avoid a sluggish economy, mortgage lenders have...

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25-Year mortgages aimed for ‘the norm’

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Posted 2008-02-15

The majority of fixed rate mortgages are currently only held for up to five years. But if Chancellor Alistair Darling gets his wish, fixed rate mortgages may settle in at the 25-year mark, becoming the norm in future lending. According...

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Interest rates continue tumble of .25%

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Posted 2008-02-14

Because of clear signs of the slowing UK economy, the Bank of England dropped interest rates by one-quarter per cent to 5.5%. This additional decrease in rates came as a welcomed reprieve for borrowers; especially since it arrived on the...

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4.5% interest rates forecasted for year’s end

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Posted 2008-02-13

Global Insight predicts that interest rates could be as low as 4.5% by the end of 2008. It is also esteemed that in the first half of 2009 rates could decline further to 4%. “We currently forecast interest rates to...

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Mortgage rules not tight enough claim lenders

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Posted 2008-02-12

The sales of newly built city centre flats are being subject to conditions which could untether mortgage lending fraud. Lenders in the UK are wanting tighter, better rules to help prevent such practices from unfolding, and thus causing further rifts...

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Manchester home prices prime for first-time buyers

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Posted 2008-02-11

According to Savills, although house prices in London may be expensive they are not so in Manchester, making it an ideal location for those looking to own their first home. Real Estate in the city centre is available for a...

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British youth reach for debt consolidation loans

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Posted 2008-02-11

More of the younger generations are seeking debt consolidation loans than their older predecessors. Young Brits between the ages of 20 to 29 are most likely to receive a loan than the 30 to 39 age group- revealed a Halifax...

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Positive outlook still on horizon for first-time buyers

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Posted 2008-02-10

It is believed that people should still be able to invest in property in spite of the recent credit crunch. The belief that now is not the time for first-time buyers to invest is not true stated Darren Cook, head...

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