Negative equity home loans to be launched in Ireland

29 June 2010
Three Irish lenders are about to launch `negative equity` home loans to allow people who owe more than their property is worth to move home, the Guardian reports.... read more »

Home loan approvals reach highest level since January

28 June 2010
Figures from the British Bankers` Association (BBA) have revealed that the number of loans approved for house purchase increased to its highest level so far this year, the BBC reports. ... read more »

Home loans up 7% in May

22 June 2010
Gross mortgage lending came to an estimated £11.3bn in May, according to new figures from the Council of Mortgage Lenders (CML).... read more »

No cap for payday loans

18 June 2010
The OFT (Office of Fair Trading) has decided there shouldn`t be an interest rate `cap` on payday loans and other kinds of high-cost credit.... read more »

One in ten `would use loan to pay for holiday`

16 June 2010
10% of people would take out a loan to pay for their holiday, according to research by Lonely Planet. ... read more »

Loans: base rate stays at 0.5%

11 June 2010
As expected, the Bank of England has decided to leave the base rate at its all-time low of 0.5%.... read more »

£37 million taken out in loans for education

8 June 2010
Borrowers took out a combined £37 million in personal loans for education in the year to February 2010, according to estimates by Sainsbury`s Finance.... read more »

Increase in home loan approvals

4 June 2010
According to figures released by the Bank of England, the number of home loans approved in the UK reached its highest level in four months in April - but economists have predicted that the housing market will continue to struggle, the Telegraph reports.... read more »

Bank of England: greater focus on repaying loans in April

2 June 2010
Net consumer credit fell in April, according to new figures from the Bank of England, as consumers repaid more debt than they took on - for the first time since last November.... read more »

Home loan lending `relatively unchanged`

28 May 2010
According to figures from the British Bankers` Association (BBA), home loan lending remained `relatively unchanged` in April, the BBC reports.... read more »

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