All The Latest Financial News
Cost of Credit Crunch could Exceed £472bn
Posted 2008-04-29
The credit crunch could result in losses of £472bn or even higher, according to a report from the International Monetary Fund (IMF), recently released to the BBC. The IMF’s Global Stability Report points to a “collective failure” of financial institutions...
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Understanding Car Insurance Discounts
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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Long Lines at the Store Equal Large Bills at Home
Posted 2007-12-21
Some say Christmas is a time for overindulgence in all aspects of life: food, drink, money, and fun. Now, however, the money aspect of that list is confirmed. Your Money Matters Show has released astounding figures pointing towards the expense...
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Lenders Continue to Cut Rates for Consumers
Posted 2007-12-19
In response to the Bank of England’s decision to cut the interest rate on December 6th, thirty-one lenders have reduced their standard variable rates, according to Moneyfacts.co.uk, a financial comparison website. Moneyfacts found that of the thirty-one, six lenders reduced...
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Landlords Sitting (Relatively) Pretty
Posted 2007-12-19
If you’re a landlord, you’re most likely quite content with the financial situation right now, at least in terms of renting out your property. A combination of factors, such as a slowing market and lack of incentives to buy, has...
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2008 Looks Promising for Landlords
Posted 2007-12-18
Alliance & Leicester Mortgages released their findings from a new study of the buy-to-let market. Londoners will be quite happy to learn that the study expects London to be the most popular region for property investments in 2008; Scotland and...
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Exiting Can be Tougher Than Entering
Posted 2007-12-17
When purchasing or refinancing a home, the fees you must pay can seem endless and lack clear reason. One of these fees in particular has a reputation for being unexpected and hidden. Most mortgage customers are surprised to find themselves...
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Value of Tracker Mortgage Expounded
Posted 2007-12-17
Looking to purchase or refinance a house? Mortgage broker John Charcol has some words of wisdom. Resulting from the meagre numbers of lending companies who reduced their mortgage rates to reflect the Bank of England’s rate cut, John Charcol has...
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Shoppers Pay for Last Minute Christmas Shopping
Posted 2007-12-14
For the last five years, have you found yourself vying for a parking space or fighting over the last green iPod on the day before Christmas? If so, you aren’t the only one. According to a study released by the...
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Long Lines at the ATM?
Posted 2007-12-13
Did you see the long line at the ATM yesterday? Besides the typical Christmas spending, which APACS predicted would approximate £53 billion this year (a rise of 4% over 2006), there is another reason for the influx at the bank....