Rate cut held but fixes fall
Contrary to expectations, interest rates stayed on hold again this week, so we'll have to wait a little longer to see if we are going to get a pre-Christmas mortgage rate...
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Can I get a home reversion plan?
Q I am a female divorcee, 55 years of age and own my own home. I have a ?60,000 mortgage and my property is worth ?250,000. Is there any way l can sell a share in my home...
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?4,000 pay weighting urged for London staff
National pay scales for public workers should be replaced by regional rates to give essential staff in London a minimum weighting of £4,000 a year, according to a re...
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Cruel to be kind
Savers will breathe a sigh of relief that the Bank of England has decided not to slash interest rates. Even the best savings accounts are now paying around 4%, while many...
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Mis-selling victims urged to claim now
Endowment mortgage mis-selling victims could lose rights to compensation unless they move rapidly.
They could be time-barred from complaining under obscure small print ...
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Do you need protection?
Insurance companies have switched to promoting protection policies - critical illness, permanent health and term life cover - as their profit margins in traditional pensi...
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How should I cover shortfall in my endowment?
Q Could you please tell me why the mortgage lenders seem to advise increasing my mortgage payments to cover the expected shortfall in the endowment? My ?50,000 endowment ...
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Consumer debt levels rise
More and more people are failing to keep up with repayments on debt, according to a report out today.
The Consumer Credit Counselling Service (CCCS) has voiced its conce...
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Deutsche figures deepen Germany's banking gloom
Germany's banking woes today deepened as Deutsche Bank announced a surprise loss in the third quarter.
Germany's largest bank reported a pretax loss of 181m euros (?115m...
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Time running out for victims of mis-selling
People who were mis-sold endowment mortgages could have just weeks left to lodge a complaint with an independent ombudsman, the Consumers' Association (CA) warned today. ...
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