FSA fines broker [18.11.07]
The UK's financial regulator, the Financial Services Authority, recently decided to fine a mortgage broker dealing with equity release mortgages, claiming that it had found 'persistent record keeping failures and systems and controls deficiencies' during investigations into the firm.
Building societies offer most of the best mortgage deals [17.11.07]
A recent report has claimed that the vast majority of affordable mortgages actually come from building societies rather than from banks, and as a result of this consumers thinking of taking out a mortgage are being advised to steer clear of banks when it comes to finding a low cost mortgage deal.
Many consumers do not change mortgage lender [15.11.07]
According to the results shown in a recent report many consumers in the UK are failing to shop around for a better mortgage, even when their existing affordable deals come to an end and they are faced with the prospect of moving to the lender's standard variable rate, which is often in excess of 7.75%.
Opt for an FSA regulated lender [04.11.07]
When you are looking to take out a loan there are a number of things that you need to consider. Not only do you need to think about what type of loan to go for and how much you need to borrow but you also need to think about which lender to choose for your loan.
Consolidating your debts effectively [02.11.07]
Many households in the UK have high levels of debt these days, and for many debt repayment can be a real struggle that involves juggling an array of repayments and stretching the budget in order to try and accommodate all of the repayments that have to be made each month.