If you are a Halifax Bank of Scotland customer, there are a couple of points to look out for, according to a new survey published by the Daily Mail. For example, Halifax Bank of Scotland offers the best rate on high interest current accounts with a whopping 6% on balances up to £2,500 before tax. […]

Research shows that many young people underestimate the total amount of money that they will need for their retirement.  Most of those who were involved in the study were in their 20s and 30s with the majority of them underestimating a comfortable retirement by almost a quarter of a million pounds.
According to the research nearly […]

The number of repossessions hit an eight-year high in the first half of 2007, most caused by bad debts, resulting from high interest rates. This trend should increase as thousands of mortgages will come up for renewal. Personal insolvencies are also reaching record levels, with 12 people petitioning for bankruptcy every hour in June.
The Ministry […]

Many of us have less than perfect credit records, which may make it difficult to find a good mortgage deal.  For those with bad credit records or little proof of a regular income, the only option may be a sub-prime or ‘adverse credit’ mortgage.
A sub-prime mortgage is basically the type of loan that is given […]

With rising interest rates many people are finding it harder to keep up with monthly repayments on things such as loans or credit cards.  Trying to keep up with these monthly payments can be confusing especially if you have other bills each month that need to be paid, such as insurance or car payments.
If you […]

According to a survey by Nationwide Building Society only 29% of credit card customers are aware of the fact that many credit card providers always pay off debts charged at the lowest interest rate before paying off the debts with the higher rate of interest, making themselves an additional £500 million each year from this […]

Halifax, a division of  HBOS said that house prices increased 0.4% in June, below the expected 0.5% rise. This is the second successive month of relatively modest growth.
The lender said that house price inflation will slow further as the increase in home loan interest rates starts to cut into people’s ability to make their monthly […]

It has been revealed that some of the big banks are now pushing up the cost of using plastic cards overseas.  Holidaymakers are now facing high charges whenever they use their card whether it is for a car hire, a meal or for a hotel room, they face being charged by their bank.  It is […]

A new report released recently shows that first-time buyers are faced with larger and more numerous costs than ever before.  The data from the report shows that 2.08 million people aged thirty-four and under plan to borrow four times their salaries to purchase their first home.
Out of the 2.08 million, 828,000 of them intend to […]

Many UK consumers are being encouraged to take free vacations in Spain and other tropical areas. All they need to do is attend a presentation.  This is an old scam, based on the time share vacation schemes of the 1970s and 1980s.
The program tries to hard-sell the vacationer on a property scheme that will help […]