Consumers don’t understand mortgages

Posted in News on April 23rd, 2007 No Comments »

There is a widespread lack of understanding among mortgage borrowers, according to specialist lender, Beacon Homeloans.

Government to launch Islamic bonds

Posted in News on April 23rd, 2007 No Comments »

Islamic bonds which comply with Sharia Law may be available in the UK within this financial year.

CML reveals record March lending figures

Posted in News on April 23rd, 2007 No Comments »

The Council of Mortgage Lenders has revealed that gross mortgage lending reached a March record of £31.3bn this year.

Four in ten graduates need parental housing help

Posted in News on April 20th, 2007 No Comments »

Research from Scottish Widows Bank reveals that 39% of graduates would not be able to get on the housing ladder without their parents helping them fund a deposit.

30-somethings have most debt

Posted in News on April 20th, 2007 No Comments »

Those in their early 30s have the highest borrowing of any age group, and they also have a tendency to miss repayments, according to research by Alliance & Leicester.

Prices rise fastest in Edinburgh

Posted in News on April 20th, 2007 No Comments »

Edinburgh is the best place to invest in property in Scotland, research from Bank of Scotland has shown.

Bank axes pension scheme after one hour

Posted in News on April 20th, 2007 No Comments »

The Communication Workers Union is up in arms, after Australian Bank Macquarie closed down the company pension scheme held by hundreds of employees of the O2 Airwave emergency services radio business within 60 minutes of purchasing the firm.