Danger of putting loans in one basket
They seem to dominate the adverts on daytime television. They can offer even those with a poor credit history tens of thousands of pounds. And they are the single biggest...
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Borrowers hold on to discounts
Borrowers are choosing discounted rate mortgages that could increase in cost rather than fixed-rate loans, despite the expectation of further hikes to the base rate.
Ma...
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Housing: still a dead cert?
Homeowners spooked by their rising monthly mortgage bills may try to seek some solace in the very big picture. Now that the Bank of England is hiking base rates, some con...
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We don't like caps linked with SVR
We don't like capped rates linked to a lender's SVR unless the cap is at a competitive rate compared with fixed rates for a similar period.
With some of these capped ra...
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Nationwide tips scales in favour of the savers
Millions of borrowers are counting the cost of the first rise in interest rates for almost four years. Many Nationwide mortgage holders may well feel hard done by because...
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Low-income families in benefits nightmare
The tax credit fiasco just got worse. One family who contacted Jobs & Money has been forced to put their home up for sale. Peter Smith (not his real name), who suffer...
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Jobs worth
The corporate world is becoming more complex by the day, and that's good news for actuaries. Their skill in tackling financial uncertainties is in big demand.
Will an a...
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Chatroom
>connecting to server . . .
Current Host: Chris2
Current Topic: Yesterday's much-anticipated quarter-per cent interest rates rise was aimed at cooling the housing ...
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Ray of sunshine for savers
Savers have suffered in recent years. While mortgage borrowers rejoiced as the Bank of England chipped away at interest rates, finding a savings account paying a half-dec...
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Do you want the good news or the bad?
It would have been more of a shock if the monetary policy committee (MPC) had decided not to raise interest rates. The decision last month was finely balanced - with five...
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