Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more
The government is sitting on more than £18 million in student loan over-payments which have been unclaimed by nearly 60,000 graduates, it has emerged today. Just under 60,000 former students in England overpaid on their student loans since 2015-16 and are owed refunds, averaging more than £300 per person, according to Student Loans Company (SLC) data. … Read more
Those looking to borrow to fund home improvements might not be able to take advantage of an interest-free advance from Conservative Party HQ, but they can benefit from a recent fall in loan rates. Despite the ongoing pandemic, banks and other lenders have cut borrowing rates since January, with lower-value of loans of between £5,000 … Read more
Home loan for LESS than 1%: Lowest rate in a year, new 95% deals for first-time buyers… Are we in for a mortgage price war? Hinckley & Rugby BS has a two-year discount variable mortgage at 0.99% Meanwhile, a raft of state-backed 95% mortgages went live on Monday Experts say the surge in offers is … Read more
Labour was today dragged into the Greensill scandal after it was revealed its shadow defence secretary John Healey lobbied ministers to hand the cash-strapped company £200million in COVID-19 loans ‘without delay’. The shadow defence secretary wrote to Business Secretary Nadhim Zahawi in May 2020 urging him to give Greensill, run by Australian financier Lex Greensill and owners of … Read more
Readers win £5,000 compensation five years after being mis-sold a solar panel loan By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 6 April 2021 | Updated: 22:53 BST, 6 April 2021 Compensation: Valerie and Patrick Jennings Money Mail readers Valerie and Patrick Jennings have won £5,000 compensation after being mis-sold a solar panel … Read more
Rishi Sunak launches new loan scheme with £10m business grants to kickstart economy after lockdown Firms will access loans of between £25,000 and £10million to get back on track Recovery Loan replaces a string of earlier ones including the Bounce Back loans Ministers were under pressure to reform the Bounce Back scheme after review By … Read more
Rishi Sunak launches new loan scheme with £10m business grants to kickstart economy after lockdown Firms will access loans of between £25,000 and £10million to get back on track Recovery Loan replaces a string of earlier ones including the Bounce Back loans Ministers were under pressure to reform the Bounce Back scheme after review By … Read more
Sanjeev Gupta and Greensill Capital accused of using taxpayer-backed Covid support scheme to borrow eight times the maximum allowed By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 March 2021 | Updated: 21:50 GMT, 14 March 2021 Steel tycoon Sanjeev Gupta and collapsed lender Greensill Capital have been accused of using a taxpayer-backed … Read more
Treasury pledge to fund £3.8m no-interest loan pilot for hard-up borrowers ‘a step in the right direction’ say debt charities and lenders Scheme could help those who cannot afford to pay interest on loans It is based on an Australian-style community lending scheme Initiative was proposed by previous Chancellor Philip Hammond in 2018 As many … Read more