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Quick Links• Car Loans• Secured Loans • Unsecured Loans Finance NewsDecember - A Base Rate Cut to 5.5% should help many people in hte run up to Christmas. Those with Base Rate Trackers should see an immediate change in their mortgages. November - An Experian report indicates that house prices could drop over half the country over the next 18 months. Difficulties in gaining a mortgage offer and potential hice price drops are putting people off buying. October - Britain faces it's first recession for 16 years, warn experts. Buy-To-let investors and first time buyers are particularly exposed to the growing economic problems. October - In the wake of the Northern Rock crisis the Government has promised savers it will protect the first £35,000 of their savings, with further changes next year potentially protecting up to £100,000. October - House prices fell by 0.6% in September, following the Northern Rock crisis and the recent interest rate rises. |
Secured LoansSecured Loans are available for many different purposes. They are secured on your property (so are only available to home owners!!!), which means that if you miss repayments, the loan lender is entitled to take your home. Secured loans may be recommended for homeowners wanting to borrow a larger amount of money over a longer term. Secured loans may also incur extra fees, such as home valuations. Always take professional advice on any loan taken out.
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