Financial news from around the UK
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Very few of us can avoid borrowing money at some point or another. Unless you are lucky enough to be… Read More
Being in debt can be one of the most stressful things in people’s lives. Most of us will move our… Read More
Interest rates for savings accounts are finally beginning to rise, says an independent financial information website. However, so called easy… Read More
The government has been accused of failing to build sufficient new houses by the Royal Institution of Chartered Surveyors, (RICS)… Read More
House prices are falling sharply in parts of London but rising rapidly in the North East, according to the property… Read More
The Bank of England may have decided yet again to keep interest rates at their current record low of 0.5… Read More
Super rich men and women from around the world are failing to pay at least $21 trillion in taxes, more… Read More
Supermarkets are deliberately misleading their customers with confusing promotions, says the Competition and Markets Authority, (CMA). Following a three month… Read More
House prices are falling sharply in parts of London but rising rapidly in the North East, according to the property… Read More
The number of UK citizens declared insolvent is lower than it has been for ten years, according to figures released… 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.
