Moneyextra Personal Loans & Secured Loans News

Mortgages - Large deposits no longer needed?

Tue, 05 Aug 2008 11:24:52 GMT

Despite the total UK personal debt burden now approaching £1.2 trillion, major mortgage lenders have been relaxing their mortgage lending criteria by raising their LTVs (loan to value ratios).

Watch out for the floods?

Tue, 05 Aug 2008 11:24:52 GMT

Following advice from the Environment Agency that higher than normal spring tides are expected on Britain's coasts this week, insurer, Direct Line, is offering advice to homeowners in high risk ar

Norwich Union critical illness report

Tue, 05 Aug 2008 11:24:52 GMT

Norwich Union reports that critical illness insurance payments in 2005 rose significantly compared to 2004. The insurers payouts on critical illness (CI) policies increased to more than £80m in 2005;

Watchdog censures financial adviser

Tue, 05 Aug 2008 11:24:51 GMT

City watchdog, the FSA (Financial Services Authority), has publicly censured financial adviser GD Tancred Financial Services Limited (GDT) for not clearly explaining and documenting the risks of i

Credit cards - APACS details initiatives

Tue, 05 Aug 2008 11:24:51 GMT

APACS, the UK payments association, has launched its latest report into transparency and responsibility in the credit card industry. 'Sharing Best Practice', details the steps the industry has

Earnings forecasts - It's hit and miss

Tue, 05 Aug 2008 11:24:51 GMT

A study of financial forecasting accuracy by management consultancy, Parson Consulting, shows that just 49 out of the FTSE 350 list of companies (14%) matched analysts' earnings-per-share (EPS) fo

Investments - Go off the beaten track?

Tue, 05 Aug 2008 11:24:50 GMT

When it comes to investing, emerging markets have been the best performing markets each year in the last decade, according to new research by fund manager, Fidelity International. Using MSCI in

N&P enters Gibraltar buy-to-let market

Tue, 05 Aug 2008 11:24:50 GMT

Norwich and Peterborough Building Society (N&P) has made additions to its mortgage product ranges for customers looking to buy in Gibraltar or Spain - the launch comprising a new buy-to-let mortga

IHT set to wipe out PEP/ISA savings?

Tue, 05 Aug 2008 11:24:50 GMT

Thousands of families are in danger of being hit for an Inheritance tax (IHT) penalty because so many elderly parents cling on to tax free investment plans - without taking action to protect their est

Financial compensation service handles 22,000 claims

Tue, 05 Aug 2008 11:24:50 GMT

The Financial Services Compensation Scheme (FSCS) improved its service to consumers while cutting its costs during 2007/08, according to its annual report out today. At the same time, the Scheme passe

Halifax unveils market leading student account

Tue, 05 Aug 2008 11:24:49 GMT

Halifax today announces details of its new market leading Student Current Account offering. Applications for the new account can be made from Monday 4th August 2008. The account is available to both

Britannia launches new inflation linked bond

Tue, 05 Aug 2008 11:24:49 GMT

Britannia has launched a new range of Guaranteed Capital Bonds, including a brand new inflation-linked product. Available from 26 July, the new five year Inflation Linked Guaranteed Capital Bond (ILG

Coventry cuts offset rates

Tue, 05 Aug 2008 11:24:49 GMT

Coventry will reduce the rates on its offset range by up to 0.30%, this Thursday (31 July).

Fight the fraudsters

Fri, 25 Jul 2008 10:26:06 GMT

Customers and banks need to work together to fight financial fraud says Angela Knight, chief executive designate of the British Bankers' Association (BBA). Speaking before the Fraud Advisory Panel conference at the Chartered Accountants Hall in Lo

Buy-to-let - Woolwich launches fast track service

Fri, 25 Jul 2008 10:26:06 GMT

Woolwich has announced that it's improving its Buy to Let proposition by simplifying documentation requirements. For example, for loans up to £500,000 and with a maximum loan to value of 75%, proof of income is no longer required. For loans gre

Online shopping to cost businesses Â£7 billion?

Fri, 25 Jul 2008 10:26:06 GMT

The soaring popularity of online Christmas shopping could cost British businesses more than £7 billion, experts have warned. Indeed, online sales are set to hit £9 billion this Christmas after more than two million people took up shopping on th

Bonding with Coventry01

Fri, 25 Jul 2008 10:26:05 GMT

Coventry Building Society has launched a limited issue fixed rate savings bond - the internet-based bond offering 5.80%(AER/gross pa) fixed until January 31st 2008. For those electing to take monthly income a 5.60% rate (5.75% AER) is on offer.

Drivers need to MOT themselves

Fri, 25 Jul 2008 10:26:05 GMT

As the clocks go back this weekend (October 29th) heralding darker evenings and poorer visibility for drivers, motorists need to be extra vigilant and MOT themselves before starting any journey, says American Express Insurance Services. Latest

Non-insurance on the up?

Fri, 25 Jul 2008 10:26:05 GMT

New research from Sainsbury's Bank reveals that 480,000 people claim to have driven without car insurance over the past 12 months. But it warns that this problem could get much worse as a result of the rising cost of driving. The bank has fo

Mixed reviews for Post Office Guaranteed Equity Bond

Fri, 25 Jul 2008 10:26:05 GMT

The Post Office recently launched a Five Year Saver Guaranteed Equity Bond (GEB). It's a fixed-term deposit bond provided by the Bank of Ireland. One half of your money earns interest of 6.25% gross / AER per annum, whilst the other half participates

Fight the fraudsters

Thu, 24 Jul 2008 20:41:45 GMT

Buy-to-let - Woolwich launches fast track service

Thu, 24 Jul 2008 20:41:44 GMT

Online shopping to cost businesses Â£7 billion?

Thu, 24 Jul 2008 20:41:44 GMT

Bonding with Coventry01

Thu, 24 Jul 2008 20:41:44 GMT

Drivers need to MOT themselves

Thu, 24 Jul 2008 20:41:43 GMT