UK Finance News

Lower earning Flex Account customers at Nationwide will be hit by a reduction in interest rates that come into force on August 1st.
Nationwide will be paying a varied interest rate to its Flex Account customers based on how much is paid into the account on a regular monthly basis. The new rates are listed below, [...]

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Many Briton’s are resorting to short term ‘pay day’ loans to tide them over until they get paid says a report in the Times today. The short term loans, often taken out for just a few days, can charge as much as 1000 per cent in interest, according to figures from MoneySupermarket.
The boom in ‘pay [...]

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Halifax, Britain’s biggest mortgage lender is the last of the ‘big four’ lenders to put it’s fixed rate mortgage products out of the reach it’s customers.
In keeping with it’s rivals Halifax has raised the cost of it’s fixed rate mortgages from 5.59% in January 2008, to an uncomfortable 6.99% today.
Fixed rate mortgages have been around [...]

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I guess we are all getting a bit fed up with so called ‘experts’ predicting how much house prices in the UK will fall and over what length of time.
The Halifax seem always to be at the forefront, maybe that is based on their market share of mortgage lending or their experience as Estate Agents, [...]

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It never rains but it pours as the old saying goes, and right now its pouring one headache after another on householders as the BBC reports that energy could rise by as much as 40% this winter.
The increase is much more than has already been predicted, and says the report, it could cost an average [...]

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