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Bank of England releases April mortgage rates data - Wed, 13 May, 2009
Statistics released yesterday by the Bank of England show that mortgage lenders raised interest rates on 2-year fixed rate mortgages in April, but the cost of tracker and variable rate deals fell slig [more]

IoM savings account holders poised to reject Kaupthing offer - Tue, 12 May, 2009
Savers living on the Isle of Man who lost deposits totalling almost £1 million when Icelandic bank Kaupthing Singer & Friedlander (KSF) collapsed are expected to vote against a compensation [more]

Preferential over-50s savings accounts could be banned - Mon, 11 May, 2009
The government’s new Equality Bill could be bad news for holders of over-50s savings accounts.

The bill, which is due for its second House of Commons reading today, would have to make a specifi [more]

Mortgage lenders begin to relax requirements - Fri, 8 May, 2009
New figures show that an increasing number of mortgage deals are becoming available that require smaller down-payments.

Although two-thirds of mortgages require at least a 25% deposit, the number req [more]

Bank of England keeps rates steady but increases easing - Thu, 7 May, 2009
The Bank of England has revealed it will be increasing its levels of quantitative easing to further boost the economy.

The Bank of England’s Monetary Policy Committee (MPC) has today announced [more]

Alliance and Leicester re-launches Premier Regular Saver account - Thu, 7 May, 2009
Alliance and Leicester (A&L) is encouraging people to start saving with the launch of its Premier Regular Saver account, which pays a very generous 7.00% AER

The rate will be open to people who a [more]

Survey shows savings are a priority after receiving inheritance - Wed, 6 May, 2009
A survey of consumers carried out by Friends Provident has found that finding a good savings account would be a major priority for many people if they were to receive an inheritance.

Asked what they [more]

Woolwich reduces rates on mortgages - Tue, 5 May, 2009
More than half of the mortgages offered by Barclays’ lending arm, Woolwich, are to see their interest rates cut by an average of 0.35%.

Its two-year fixed-rate mortgage is now fixed at 3.69%, [more]

National Savings and Investments launches two new savings accounts - Fri, 1 May, 2009
Government-backed savings provider, National Savings and Investments (NS&I), has announced it has launched two new savings accounts which link interest payments to the retail price index (RPI).


House prices fell in April says Nationwide - Fri, 1 May, 2009
A house price fall of 0.4% was recorded in April by Nationwide Building Society.

The average price of a home now stands at £151,861, which is 15% lower than this time last year. However, Nation [more]

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