Bank of England raises interest rates for the first time in a decade

The Bank of England’s Monetary Policy Committee voted to raise interest rates in November for the first time in 10 years.  The Bank rate is now 0.5%, back to where it was before the UK voted to leave the EU in the referendum in June 2016.   Having such low interest rates for such a … Read moreBank of England raises interest rates for the first time in a decade

Devil’s in the detail when it comes to your mortgage

It’s probably fair to say that many of us all skim over the small print and skip the terms and conditions now and again – but by ignoring what we might think of as relatively unimportant detail, we could potentially end up saddling ourselves with bigger bills.

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Funding for lending – success or failure?

There is disappointment in the UK residential property industry that the government’s flagship Funding for Lending scheme has not yet injected more money into the system but experts say it still needs time.

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Quarter of Brits never switched financial providers

Research conducted by a leading price comparison website recently shows that 26% of UK consumers – a total of 12 million people – haven’t switched providers for any of the 20 most popular financial products in the last year, despite the majority anticipating that 2012 will be extremely tough financially.

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