Lenders changing their loans policies

5 December 2008
Loan providers are changing the way they price their loans, as they adapt to changes in the loans market.... read more »

Personal loan rates rise despite base rate cut

1 December 2008
New research shows that average interest rates on ‘best-buy’ personal loans have risen by almost half a per cent in the past two months, despite a 2% drop in the base rate in the same period.... read more »

Lowering LIBOR – the real cost of mortgages

11 December 2008
When the base rate (or `bank rate`) came down, why didn`t the cost of mortgages come down as far and as fast?... read more »

More interest rate cuts: good news for loans?

23 October 2008
Many experts – such as Nationwide Building Society – expect interest rates to drop further in the near future.... read more »

Interest rates ‘could be as low as 1%’

20 October 2008
Leading economists have said that the Bank of England may need to cut the base rate to 2% or even as low as 1% “within months”, as it aims to protect the economy from a serious economic crisis, according to The Telegraph.... read more »

Loans ‘still not at normal levels’

20 October 2008
Banks’ continued reluctance to lend to each other has seriously restricted the level at which personal loans, mortgages and other forms of credit can be offered, according to the BBC’s business editor Robert Peston.... read more »

Economy may not recover until 2010

6 January 2009
Prime Minister Gordon Brown has admitted that the economic downturn may last longer than expected, following worse-than-expected lending and retail figures for the end of 2008.... read more »

Base rate cut could hold back loans market

12 January 2009
Financial experts have warned that January’s base rate cut could actually hinder banks’ ability to offer loans.... read more »

Secured loans & the base rate cuts

19 January 2009
Why aren`t secured loans coming down in price? As the Bank of England cuts its base rate again and again, many would-be borrowers are asking why lenders aren`t passing these cuts on to borrowers in the form of cheaper - and more readily available - secured loans.... read more »

Loan costs & the base rate

10 February 2009
When the Bank of England’s base rate comes down, why don’t loan costs come down at the same rate? The simple answer is: the loan markets aren’t ruled by the base rate.... read more »

Loans: how the base rate affects availability

11 March 2009
Anyone looking for a loan may have been pleased to see the raft of base rate cuts announced since October, hoping they’ll help reduce the cost – and increase the availability – of loans. But how likely is that? ... read more »

Economists predicting further 1% base rate cut

3 December 2008
Ahead of the official Monetary Policy Committee meetings on Wednesday and Thursday, economists are predicting a further 1% base rate cut this week.... read more »

Home loans for people in negative equity

15 April 2009
Two major home loan providers are now offering mortgages to existing customers who are in negative equity.... read more »

Cost of borrowing `falling at fastest rate since January`

15 April 2009
The LIBOR rate (London Inter-Bank Offered Rate) has fallen at its fastest rate since January, according to The Times, suggesting that interest rates on loans and mortgages could fall further.... read more »

Loans: no change in base rate

7 May 2009
The Bank of England today announced it is keeping its base rate at 0.5%, as widely predicted by economists.... read more »

Loans: credit crunch `has ended`

22 May 2009
Economists have suggested that the `credit crunch` has come to an end, according to The Times, after the LIBOR (London Inter-Bank Offered Rate) fell to record lows.... read more »

Loans: Bank of England warns more cash may be needed

18 May 2009
Bank of England Governor Mervyn King has suggested that banks may yet require further funding to persuade them to start offering loans freely once again.... read more »

Loan rates `up as much as 44% in two years`

13 June 2009
Financial information group Moneyfacts has claimed that personal loan rates have risen significantly over the past two years, despite a series of base rate cuts.... read more »

Loans: interest rate rises `a step closer`

23 June 2009
The base rate has been at a record-low 0.5% for almost four months, but one expert has suggested that this could soon change.... read more »

Falling LIBOR could help car loan rates

The three-month sterling LIBOR rate (London Inter-Bank Offered Rate) fell to 1.200% this week, raising hopes that car loans and other forms of credit could become cheaper.... read more »