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Opromark launches first property exchange in the UK
Investors in the UK will now find it easier to buy and sell shares in individual houses as the first property exchange in the country was launched today. Opromark wants to make the buy-to-let market more accessible to people and hence has allowed the minimum investment in property to start at just £1.
Posted on : Fri, 17 Jun 2005 15:25 GMT

UK car sales dip by 3%
It looks like the UK car market is yet to recover from the collapse of MG Rover, as car sales in Britain fell by more than 3 percent last month as compared to those around the same time last year. The Society of Motor Manufacturers and Traders released figures for the month of May and these just serve to reinforce the impression that there is a lack of consumer confidence.
Posted on : Fri, 10 Jun 2005 07:25 GMT

Alliance & Leicester says Britons are wasting £1.2 billion on 'uneconomical' kitchen deals.
Alliance & Leicester Personal Loans have warned that splurging on your dream kitchen could prove to be a costly nightmare. It says that since 2000, Britons have wasted a might £1.2 billion on 'uneconomical' deals.
Posted on : Sun, 29 May 2005 09:05 GMT

Share price suffers as Jarvis solicits additional finance
The infrastructure services group, Jarvis is again in the red as it has announced yet another restructuring program that would entail borrowing of some more money, leading to a debt-for equity swap and new equity financing.
Posted on : Wed, 25 May 2005 13:30 GMT

Reasons galore for the reduction of fixed rate home loans
The recession and the decline witnessed across the housing sector, coupled with high tax regime are reasons enough for plummeting fixed-rate home loans. Huge number of homeowners will be rescued from the increasing monthly mortgage charges as lenders try to offer low fixed-rate deals.
Posted on : Mon, 23 May 2005 14:20 GMT

NCC wants an overhaul in the doorstep-lending segment
The National Consumer Council (NCC) has renewed call for an overhaul in the UK’s £2 billion home credit market so as to protect vulnerable sections of the society. The consumer group today said that it wanted doorstep lending to be made fairer and more competitive
Posted on : Sat, 21 May 2005 14:10 GMT

Charity funds Herbert’s redevelopment program
The Coventry City Council was showered with benevolence when a charity organisation granted it a loan of about £3 million for the Herbert Art Gallery and Museum’s restructuring.
Posted on : Fri, 20 May 2005 20:30 GMT

''No cause for worry'' Bank’s Governor says
London: The Bank of England’s governor Mervyn King yesterday presented the Bank’s Monetary Policy Committee’s latest quarterly inflation report. The report confirms a considerable slowdown in retail spending and the property market. It also makes a strong projection for inflation in the coming months. Consequently, there were fears that the economy could be heading towards stagflation - a situation similar to the 1970s which was marked by rapidly rising consumer prices and high interest rates which completely halted economic growth.
Posted on : Mon, 16 May 2005 14:35 GMT

Fully furnish your new home with a little extra loan help
A new home, does undoubtedly, entail a lot of happiness, satisfaction and excitement; albeit with a price tag that is quite overwhelming. The Halifax explained that nowadays, people wanted to move in to their new home when it was fully furnished. Hardly anyone wanted to compromise or wait to furnish their home later.
Posted on : Mon, 25 Apr 2005 00:00 GMT

Cahoot gets a pat on the back for good value loan insurance
A pat on the back for good work is always welcome, isn’t it? moneysupermarket.com, the price comparison website applauded Cahoot for its outstanding value payment protection insurance (PPI) sold along with its personal loans.
Posted on : Tue, 12 Apr 2005 00:00 GMT

 

 

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