Loans News Channel
House Prices
We've become accustomed to reading that house prices are going up and up, with various rates of growth reported and average house prices creeping ever higher. Well recently there have been some conflicting reports on the movement of UK house prices, so we present a quick round up for those looking to move house or borrow more money against their home.
Remortgage Shock
It's a term that describes the impact of having to remortgage once your current 2 or 3 year fixed rate mortgage deal comes to an end. Some borrowers could be facing up to 40% increases in monthly repayments as they face the reality of remortgaging under today's higher interest rates.
Pawnbrokers Report Rising Profits
With over 850 outlets in the UK compared to only 50 in 1970 and two of the major pawn brokerages reporting record profits, the pawn broker industry has never looked so profitable with an annual turnover of over £450 million, an increase of over 300% compared to ten years ago.
Loan borrowing rises in September
The amount of money borrowed in loans rose slightly in September, new figures show. Data from the British Bankers' Association (BBA) showed that lending through personal loans, secured loans and overdrafts rose by £63 million in September, much less than August's rise of £244 million.
Car buyers warned about cloning
This week is National Identity Fraud Awareness week and car buyers have been warned that it is not just their identity at risk.
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