Articles Tagged With: 163

Greater clarity is needed in the current setup for long-term savings schemes, it has been claimed. Pensions policy and savings expert Dr Ros Altmann said simplification of contribution rules "is a

High street bank Barclays has launched a new two-year fixed-rate bond for July - the expected peak month for maturities. The new product offers 3.7 per cent gross on balances above £50,000 and 3.3

Gross mortgage lending rose to £11.3 billion last month from £10.5 billion in April, it has been reported. Latest figures from the Council of Mortgage Lenders CML highlight a seven per cent

A high street lender has witnessed a surge in applications for its five-year fixed-rate mortgages since the start of the year. Chelsea Building Society, now part of Yorkshire Building Society, claims that

Despite the Council of Mortgage Lenders CML reporting a drop in the percentage of first-time buyers FTBs taking out mortgages, one expert believes conditions are improving for new entrants to the market. Earlier

Guernsey-based savings specialist Skipton International has launched a new variable-rate savings account offering interest rates of up to 2.25 per cent. The International Premium 90 product is available

Worrying survey results from Standard Life suggest that British consumers care more about their cars than their pension savings. According to the firm, just 46 per cent of respondents 'care' about their

Santander remains committed to providing cheaper mortgages for first-time buyers, it has been claimed. The high street bank says it was the first to increase its maximum first-time buyer loan-to-value

First-time buyers made up the lowest proportion of house purchase loans since September 2007 last month, it has been reported. According to the Council of Mortgage Lenders CML, the group accounted for

The number of properties available on the market increased again during May, reaching its highest level since January 2008, it has been reported. In findings of interest to those seeking cheap mortgages,

The Centre for Policy Studies has called for a radical simplification of the UK savings framework. In a new report entitled 'Simplification is the key: stimulating and unlocking long-term saving', the

Platform has announced the launch of a new mortgage product for joint applicants. The intermediary mortgage provider has unveiled a two-year fixed product with rates from 3.19 per cent, as it bids to assess

Younger savers are for the first time overtaking the older generation when it comes to savings habits, it has been claimed. According to high street lender Santander, consumers in the 18-34 age category

Isa sales reached a nine-year high in the UK during April, it has been reported. The Investment Management Association IMA reports that net inflows into such accounts stood at £1.2 billion during

The upcoming 'emergency' Budget represents an opportunity for the government to prioritise support for home-owners, it has been claimed. Michael Coogan, director general of the Council of Mortgage Lenders,

Savers are unlikely to be boosted by an interest rate rise in June, one expert economist has claimed. Michael Baxter, editor of Investment and Business News, said he fully expects the Bank of England to

Lloyds TSB has launched a fixed-rate corporate bond designed specifically for retail investors. The Lloyds TSB Bank plc bond offers individuals the opportunity to invest in a product which until recently

Santander is preparing for the summer World Cup by launching a new 'Hat-trick' mortgage special. The high street bank has introduced a new three-year tracker at three per cent interest, with a £333

A fair and transparent tax efficient environment is needed for people to invest in children's savings, it has been claimed. Commenting after the government announced plans to scrap the child trust fund,

Nationwide has reported a 0.5 per cent month-on-month rise in house prices for May. The high street bank says values are now 12.2 per cent higher than their low point, experienced in February 2009. According