Friday, April 9th, 2010

UK consumers are in urgent need of financial advice, as new figures reveal that the average person is now struggling with debts of over £6,000.
Tags: Consumer Financial Planning Body, Council Of Mortgage Lenders, Credit Cards, Debt Management, DWP, Enterprise Investment Schemes, Financial Advice, Financial Planning, Investec, Loans, Repossessed Spanish Property
Posted in Financial Planning News | No Comments »
Tuesday, February 16th, 2010
Personal loans and business loans remain hard to come by, despite the government’s campaign of quantitative easing designed to boost lending. Interest rates on personal loans are at a nine-year high, with many banks choosing to lend only to existing customers.
Tags: Climate change, Commercial Loans, Investec, Loans, Mortgage Deals, Past Performance Of Investments, Personal Loans, Pre-paid Card, Retirement, Secured Loans, Unsecured Loans
Posted in Mortgage News | No Comments »
Monday, February 1st, 2010
The pensions ‘ice age’ has begun, with many of those approaching retirement realising that their pensions planning will not sustain the lifestyle they had hoped for. As a result, a quarter of men and 64% of women are planning to work beyond the state pension age, most of them listing financial necessity as the reason, according to the Equality and Human Rights Commission (EHRC)*.
Tags: AIB Bank, Basic State Pension, Best UK ISA Funds, Co-Operative Bank, Company Pension Scheme, Credit Rating, Defined Benefit Pension Scheme, Life Insurance Products, Loans, Maximum Pension Contribution, Pension, Pension Benefits, Pensions
Posted in Pensions News | 1 Comment »
Tuesday, January 12th, 2010
A change in the lending strategy by Lloyds TSB, the nation’s largest lender, may make personal loan deals from high street lenders more expensive for consumers in the future.
Tags: Group Life Insurance, Interest Rates, Invesco Perpetual Corporate Bond, Investec, Lloyds TSB, Loans, Mortgage Deals, Personal Loans, Personal Pricing, Pre-paid Card, Retirement, Unsecured Loans
Posted in Mortgage News | No Comments »
Tuesday, December 15th, 2009
Eight of the top nine UK bank lenders are currently ‘battening down the hatches’ and considering loan applications only from existing customers, according to new research*.
Loans are most readily available to existing current account customers and this ‘lender reluctance’ is the latest symptom of how banks continue to tighten up on loan availability in the current unfavourable climate.
Tags: APR, BBA, Best Critical Illness Policies, Investec, Loans, Mortgage Deals, Past Performance Of Investments, Personal Loans, Retirement, Secured Loans, Tesco
Posted in Mortgage News | No Comments »
Tuesday, December 8th, 2009
Failure to gather information and shop around for cheaper credit are the tell-tale behaviours of savers who resort to high-cost credit deals, according to new evidence just released by the Office of Fair Trading (OFT).
The high-cost credit specified includes pay-day loans (loans lasting just a few days), in-store finance options such as hire purchase, home credit, mobile phone text loans, credit union loans, pawn-broking, and rent-to-buy arrangements.
Tags: DWP, Enterprise Investment Schemes, Financial Advice, Financial Planning, Investec, ISAs, Loans, Mortgage Deals, Office of Fair Trading, OFT, Personal Loans, Pre-paid Card, Repossessed Spanish Property, SVR, Unsecured Loans
Posted in Financial Planning News | No Comments »
Tuesday, December 1st, 2009
Would you like to take a loan for £100, and are you happy to repay £110 a week later?
If so, you can do so from the comfort of your sofa, your supermarket or your shopping centre, by sending a simple text message.
Tags: Bank Charges, Best Mortgage Rates, Investec, Loans, Mortgage Deals, Personal Loans, Pre-paid Card, Retirement, Unsecured Loans
Posted in Mortgage News | 2 Comments »
Friday, November 27th, 2009
Twelve legal test cases currently in progress at the High Court in Manchester may challenge the right of credit card companies, store card companies, and bank lenders to enforce their debt, if they cannot produce the original documentation relating to the loan agreement. Under the Consumer Credit Act, credit card loan agreements must contain three key [...]
Tags: Compulsory Retirement Age, Consumer Financial Planning Body, Credit Card Companies, Credit Cards, Investec, Loans, Mortgage Adviser, Personal Finance, Pre-paid Card, Retirement, Unsecured Loans
Posted in Mortgage News | No Comments »
Monday, November 23rd, 2009
Almost a quarter of UK adults (24%) need debt management advice, due to hidden debt that has not been revealed to their partner, friends and family, according to a new report by AXA*. The average level of debt for those affected is £4096.32, spread over bank overdrafts, credit cards, store cards and loans. The age grouping [...]
Tags: AXA, Consumer Financial Planning Body, Council Of Mortgage Lenders, Credit Cards, Debt Management, Debt Management Advice, Enterprise Investment Schemes, Financial Planning, Investec, Loans, Mortgage Adviser, Personal Finance, Repossessed Spanish Property, Tax Guidelines, UKSIF
Posted in Financial Planning News | No Comments »
Wednesday, November 18th, 2009
In the recent difficult times, cash-strapped consumers are increasingly turning to lenders, in order to raise funds. There are many issues to be considered, in order to find the loan that is suitable for you. Here are a few key points to consider, when planning to apply for a loan. Secured loan or unsecured loan? [...]
Tags: Financial Planning Tools, Homeowner Loans, Investec, Loans, Mortgage Deals, Past Performance Of Investments, Personal Loans, Pre-paid Card, Repossessed Spanish Property, Secured Loans, Unsecured Loans
Posted in Financial Planning News | No Comments »