The Best Mortgage Loans
Loans News | Home Loans | Insurance | Credit Cards | Mortgage Loans | Banking | Investment | Pension | Property | Endowment | Business | About Us | Contact Us | Site Map | Home


Search



Categories

Latest News

Blogroll





Shop around for cheap home loan

Shopping around for things like mortgages, loans, insurance and credit cards can save you almost £4,000 a year, a new study has found.Financial product comparison service Moneyextra discovered that as banks, building societies, and insurers compete for business, they have driven the cost of products down even further - with an extra £132 of savings available now compared with the end of 2004.Moneyextra found that a canny consumer could save £2,475 a year on a £110,000 interest only mortgage, £541 by changing credit cards, £470 on a £9,000 personal loan, £65 on travel insurance, and £82 on a mortgage cover.

But as well as saving money, by moving to one of the best performing accounts available, consumers could make a tidy sum on their savings as well.On savings of £5,000 held in a deposit account Brits could be missing out on £242.50 in interest, while poor rates on current accounts cost consumers £49 a year on account balances, and another £49.50 on a cash mini ISA, Moneyexpert revealed.Overall these savings mean that consumers switching to market-leading products can save themselves £3,974.29 a year, the comparison website calculated.

Posted in Uncategorized, home equity loan, home loan, loan, mortgage loan, loan calculator, business loan, home equity loan rate, loan rate, unsecured personal loan, home equity loan bankruptcy, car finance, business finance small, calculator finance, car finance used, car finance loan, home finance, loan finance, home loan finance uk, business to business finance, loan mortgage | Comments(0) October 2007



Loan purposes ‘more diverse’

There has been an increase in the number of people taking out loans for weddings and plastic surgery, according to new research.January is traditionally a busy month for Britons taking out unsecured personal loans for debt consolidation and holidays.However, research from Abbey reveals a 32 per cent increase in loan applications for weddings during the first two months of the year as well as more loans being taken out for a wider variety of purposes. Most notably, the number of people taking out loans in order to have cosmetic surgery was up by 50 per cent on the month, making it the fourth most popular reason for borrowing. There was also a ten per cent increase in the number of loans taken out to cover the costs of funerals. “It’s surprising just how many people are borrowing for different needs,” said Paula Ickinger, head of personal loans marketing at Abbey. “Only two or three years ago, the number of people borrowing for cosmetic surgery would have been very few and far between, but now it’s become a regular occurrence.”

Posted in Uncategorized, loan, personal loan, debt consolidation loan, loan calculator, consolidation loan, unsecured loan, loan rate, consolidate loan, unsecured personal loan | Comments(0) August 2007