The MoneyOutlet.co.uk The MoneyOutlet.co.uk Save time and money at the MoneyOutlet. Compare the Market for the best deals on loans, mortgages, insurance and credit cards with one click. Articles
Darling’s Budget Report Highlights
2008-03-13 13:52:00 Highlights of Chancellor Darling's first Budget Report aimed at raising taxes on high-polluting cars, cigarettes, alcohol whilst aiming to help poorer families and pensioners. More About: Highlights
Car Insurers Debate Over Future Profits
2008-03-13 13:37:00 After 14 years of unprofitable business, an independent report reveals the possibility of UK car insurance companies making a profit in 2009, according to the Telegraph. Despite motor insurance premiums kept under pressure due to fierce competition, providers are feeling optimistic about the future profitability in the UK market. More About: Future , Debate , Profits
Budget Report Expectations
2008-03-12 14:35:00 According to a BBC News report Chancellor Darling is expected to increase taxes on alcohol, high polluting cars, and possibly a tax on flights. More About: Report , Budget , Expectations
Card Fraud Rises Again
2008-03-12 14:22:00 Card fraud abroad hugely impacts overall losses despite a two-year fall, according to the Association of Payment Clearing Services (APACS). Figures released today show that in 2007 total card fraud losses amounted to £535.2m, a rise of 25 per cent in the past year. More About: Card , Fraud
Lending Falls Again Says CML
2008-03-12 14:10:00 The Council of Mortgage Lenders (CML) yesterday released data showing how the ongoing credit crisis is affecting the mortgage market. Borrowers have fewer options today and as a result are borrowing less. More About: Lending , Falls
Tax Cuts Needed To Restore Confidence
2008-03-10 13:40:00 The Confederation of British Industry (CBI) is calling on Chancellor Darling to cut business taxes as they are damaging the UK economy. This demand to reduce taxes is aimed at restoring confidence in the UK Government which has since deflated due to the Northern Rock fiasco and changes to capital gains taxes. More About: Confidence , Restore , Cuts
First Time Buyers Take Hit From Stamp Duty
2008-03-10 13:31:00 One of the most important purchases you'll ever make is buying your home. Over the past 10 years or so, property prices have continued on a sharp rise creating somewhat of a frenzy to "jump on the property ladder as soon as possible". Prior to August 2007, competitive mortgage deals were aplenty as lenders competed for business by offering as much as 125% mortgages, whereby one could borrow more than the asking price to potentially pay for furniture or a remodel of their first property. More About: Time , Stamp , Buyers , First Time , Duty
10 Tips To Improve Your Credit
2008-03-07 10:59:00 At some point we all need to borrow money, this may be in the form of a mortgage in order to buy a house, a credit card for that much needed holiday or a personal loan to finance a new car. Each time we apply for credit the lender will run a check on our credit history, a process known as credit scoring, to determine whether or not we are a suitable candidate for the loan. More About: Credit , Tips , Improve
Interest Rates Kept At 5.25%
2008-03-07 10:46:00 Following yesterday's meeting the Bank of England's Monetary Policy Committee (MPC) has opted to keep interest rates on hold at the current rate of 5.25%. More About: Interest Rates , Mortgages , Interest , Rates
Pound Falls Against Euro
2008-03-06 13:09:00 Wednesday 5th March saw the British pound fall to a new low against the Euro , coinciding with a further drop in consumer confidence. More About: Pound , Falls
Buy To Let Feeling Credit Crunch
2008-03-06 12:53:00 According to a survey by the Royal Institute of Chartered Surveyors (RICS), demand for rental properties continues to grow as yields increase for landlords. More would-be first-time buyers are either unable or hesitant to enter the property market in today's economic climate. More About: Credit , Crunch , Feeling
20 Per Cent Of Homeowners Fear Repayments
2008-03-06 12:27:00 A recent report by the Financial Services Authority (FSA) said that 1 in 5 homeowners are worried about being able to make their mortgage repayments over the next 12 months. One quarter of those asked about how they would meet these costs said they had no plans. More About: Cent , Fear , Homeowners
Request For Free Money Advice Service
2008-03-05 12:52:00 Following a report on the 'Review of Generic Financial Advice ', proposals have been put forward for a free national advice service to be set up offering consumers help with money related affairs. More About: Money , Service , Free , Request
Lenders Criticised For Pulling Plug
2008-03-05 12:30:00 Criticism has risen for those mortgage lenders who have recently withdrawn their 100%-plus mortgage deals from the property market, leaving first-time buyers stranded. More About: Plug , Lenders
1 In 10 Credit Card Applications Rejected
2008-03-05 12:12:00 Recent research into the credit card market suggests an increase in the number of people being denied on application. More About: Applications , Card , Credit , Credit Card , Rejected
Mortgage Criteria Becoming More Difficult
2008-03-03 08:40:00 According to the telegraph.co.uk, those seeking a new mortgage will have to plan on saving for bigger deposits as lenders continue to squeeze their lending criteria. Mortgage s are becoming more expensive. Many lenders have already taken their 125% and 100% mortgage products off the shelf demanding a minimum deposit of 10 per cent in many cases. More About: Criteria
Interest Rate Cuts Lift Financial Pressure On Property Investors
2008-03-03 08:34:00 According to a study carried out by Property for Life's monthly index tracker, the two recent cuts in the Bank of England's base rate have in fact reduced the financial pressure many property investors were under. More About: Financial , Interest , Investors , Lift
House Prices Fall Again In February
2008-03-03 08:31:00 The latest survey published by Nationwide Building Society confirms that house prices yet again fell in February by 0.5%. More About: House , House Prices , Fall , Prices
House Price Growth Continues To Slow
2008-02-29 15:25:00 The latest figures produced by the Land Registry reveal that house prices across England and Wales are continuing to slow. In addition, the number of house sales has also declined over the past year. More About: House , Growth , Price , Slow
Council Tax Bills In England Set To Rise By 3.9%
2008-02-29 13:55:00 A survey carried out for BBC Radio 4's Today programme by Cipfa, the public accountancy institute, has suggested that council tax bills in England are set to go up by an average of 3.9%. Cipfa?s survey showed average bills for a Band D home will go up by £52 a year to £1,370. More About: Council , Rise , Council Tax , Bills
FSA Attacks Risk Taking Bankers
2008-02-28 12:18:00 The Financial Services Authority (FSA) recently attacked City bankers who thrive on big bonuses, warning high payout incentives could lead to too much risk taking. More About: Risk , Attacks , Taking
Egg To Go Ahead With Card Cancellations
2008-02-28 12:06:00 Following a meeting with Labour MP Nigel Griffiths, former consumer affairs minister, the credit card company Egg has said it will not be changing its card cancellation policy. More About: Card , Ahead
Average Stamp Duty Bill Rises To Almost £2000
2008-02-28 11:44:00 Recent research into stamp duty revenue now shows that the average home buyer faces a stamp duty bill of almost £2,000. This figure has increased by more than 60% over the last five years. More About: Stamp , Bill , Duty , Average
Egg Credit Card Company To Apologise
2008-02-27 12:41:00 Earlier this month credit card company Egg cancelled the accounts of 161,000 of its cardholders under the pretext that they were a 'poor credit risk'. More About: Card , Credit , Company , Credit Card
Local Bank Avoids Sub-Prime For Big Profits
2008-02-27 12:30:00 Local competitor of Northern Rock, Newcastle Building Society, was able to show a 52% rise in profits to £17.6m. The building society chose not to lend to the non-conforming sectors and avoided the US sub-prime mortgage markets altogether. More About: Local , Profits , Bank , Prime
Mortgage Approvals Pick Up
2008-02-27 11:59:00 According to the British Banker's Association (BBA), figures for January 2008 have shown a rise in the number of approved mortgages. More About: Mortgage , Pick
FSA To Stamp Down On Mortgage Fraud
2008-02-26 13:12:00 The Financial Services Authority has said that 2008 will be a 'big year' for stamping down on the widespread problem of mortgage fraud. More About: Fraud , Mortgage Fraud , Mortgage , Stamp
Northern Rock Shareholders Attack Compensation Plan
2008-02-26 12:57:00 Since the Treasury's decision last week to nationalise Northern Rock a group of shareholders have viciously attacked the compensation plan set out for investors calling it "grossly unethical". More About: Shareholders , Compensation , Plan
100% Plus Mortgages Could Be In Trouble
2008-02-26 12:26:00 Following the announcement by several mortgage lenders to end their 125% mortgage deals, fears are now mounting for thousands of homeowners who borrowed more than the cost of their home. More About: Mortgages
UK Bank Avoids Major Losses
More articles from this author:2008-02-25 09:12:00 Lloyds TSB reported annual profits had fallen by 6 per cent but increased dividends by 5 per cent to 35.9p. Additionally, stock prices rose to 455.5 pence in London. More About: Bank , Losses , Major 1, 2, 3, 4, 5, 6, 7 |
|
 |
|
 |
