Financial news from around the UK
Latest News
The consumer price index, the UK’s official measure of inflation, is at its lowest since records began in 1989. Falls… Read More
The chief economist of the Bank of England has said that UK interest rates are as likely to fall still… Read More
In his recent budget, Chancellor George Osborne unveiled a new ISA to help first time buyers, to be launched later… Read More
Chancellor George Osborne has revealed the new design pound coin which will be introduced into circulation in 2017. The new… Read More
Many bank customers are unaware of the seven day service for switching bank accounts, says the Financial Conduct Authority, (FCA)…. Read More
Property prices are continuing to fall in London, according to data released by the Royal Institute of Chartered Surveyors (RICS)…. Read More
Prime Minister David Cameron has pledged to retain universal benefits for all pensioners, regardless of their income, if his party… Read More
The pound is at its highest value against the euro for seven years, reaching € 1.40 for the first time… Read More
Average household incomes have returned to the level they were at before the economic crisis of 2007 – 2008, according… Read More
Interest rates in the UK have remained as low as 0.5 per cent for six years. The Bank of England… Read More
Representative 22.93% APRC variable.
For a typical loan of £26,600 over 180 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £484.00. This includes a Product Fee of £2,660.00 (10% of the loan amount) and a Lending Fee* of £763.00, bringing the total repayable amount to £87,030.00. Annual Interest Rates range between 11.7% to 46.5% (variable). Maximum 50.00% APRC. *Lending Fee varies by country: England & Wales £763, Scotland £1,051, Northern Ireland: £1,736.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
