Financial news from around the UK
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An independent research institute has found that many of those who claim tax credits will be worse off by up… Read More
Economic growth in the UK rose by 0.7 per cent during the second quarter of 2015, official figures from the… Read More
Contact-less credit and debit cards are open to fraud, says consumer group Which? Contact-less cards allow people to pay for… Read More
Hundreds of thousands of landlords will be hit by the Chancellor’s plans to scrap mortgage interest tax relief in 2017…. Read More
The pound has risen against the dollar in response to remarks made by the Governor of the Bank of England,… Read More
The debt crisis in Greece has been ongoing for some time now and if you are not planning a Greek… Read More
At the centre of July’s Budget was the government’s plan to cut £12 billion from the UK’s welfare bill. Whether… Read More
House prices are rising at their slowest rate for two years, says the Nationwide building Society. Annual house price inflation… Read More
Energy customers have been paying too much for gas and electricity, according to the Competition and Markets Authority (CMA). The… Read More
Chancellor George Osborne announced over the weekend that he has identified how he can make £12 billion savings to the… 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.
