Articles Tagged With: Low Interest Rates

Even though many Brits are still experiencing a post-Christmas financial hangover, 8.7 million UK adults have already booked a holiday. Research by Direct Line revealed that millions of Brits are taking

Although it is unlikely the Bank of England will increase interest rates in the near future, it is still wise to prepare. Mark Bower, managing director at moneymaxim.co.uk, said that while most people

Pay freezes are an unfortunate consequence of the current stalling economy but Brits may need to tighten their belts as they look set to continue. According to Candidmoney.com, stagnant pay is likely to

The pressure of mortgage rates, car insurance costs and other expenses in the wake of the recession will mean over six million over-50s work beyond retirement age, research shows. Twenty eight per cent

Parents thinking of opening a Junior Isa should look around for the best investment and savings interest rates. Tom Stevenson, investment director at Fidelity Worldwide Investments, said that with the

Due to the current low base rates, pensioners need to actively look for better investments and the best savings rates for their money. Alan Smith, chief executive at Capital Assessment Management, explained

Investing in stocks and shares can be as risky as it is profitable, so before you place money into a company, it is important to understand the factors that can affect prices of shares. When you look into

Homeowners are getting used to low interest rates and could be missing out on some of the best cheap mortgages for years, it has been claimed. According to research by unbiased.co.uk, 37 per cent of homeowners

The Bank of England must do more to help protect those putting money aside and to boost the value of finding the best savings rates, an expert has suggested.   Financial expert Dr Ros Altmann has

The fifth edition of Legal & General's six-year bond has been made available for a limited eight-week period until February 25th 2011. People looking for the best savings interest rates will be

Leeds Building Society has released a new two-year mortgage product which may interest borrowers looking for the best mortgage rates. The new market-leading two-year discount mortgage is available at 2.54

Savers looking for the best savings rates will be interested to hear that experts believe that the Bank of England's base rate looks set to stay at 0.5 per cent when the Monetary Policy Committee MPC

Consumers living in Scotland are currently benefiting from lower mortgage repayments than in other areas of the UK, it has been claimed. According to David Marshall, business analyst for ESPC, the average

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

Now could be the time for higher-rate taxpayers to consider an offset mortgage, according to one lender. David Black, banking specialist at Defaqto, claimed that the combination of flexibility, tax advantages

More consumers took out tracker mortgages than the fixed alternative during the first quarter of 2010, it has been reported. According to Paragon Mortgages' Financial Adviser Confidence Tracker, 51 per

The number of mortgage approvals for home purchase in March rose by five per cent compared to the previous month, according to figures from the British Bankers' Association BBA. In total, 34,095 home

A shortage of buy-to-let mortgage finance is preventing landlords from expanding their property portfolios, it has been claimed. According to Vincenzo Rampulla, public affairs officer at the National Landlords

Godiva Mortgages has reduced the pay rate on its two-year buy-to-let base rate tracker by 0.5 percentage points. The product was previously available at the base rate plus 3.85 per cent, but this has now

The number of borrowers applying for mortgages is expected to keep on rising as confidence returns to the UK housing market. That is the picture painted by the latest Paragon Mortgages' Financial Adviser