Lenders have pushed down rates from their peak last August, with the average two-year fixed rate deal now at its lowest level for a year, Moneyfacts.co.uk data shows.
Total credit lent by Finance and Leasing Association members in February was £3.7bn – just 5% lower than in the same month last year but almost 30% lower than levels in February 2008.
Andrea RozarioDirector-generalSafe Home Income Plans Is there enough customer demand to sustain the equity release market?There’s no question that there is demand. When you look at demographic trends along with other drivers for equity release such as customers who are asset-rich but cash-poor it’s clear that there is latent demand. Of course, the recession is […]
With the economic environment holding interest rates down, home owners have been making the most of low variable rates on their mortgages.But what happens if the green shoots reported by the government turn into a full-fledged recovery and interest rates begin to rise? Many people have made the most of the downturn and reviewed their […]
To many, social networking is a medium they don’t understand. As a result, managers try to prevent staff from accessing websites such as Facebook. Yet the medium is here to stay. And as some organisations have demonstrated, it can enhance corporate reputations as well as the bottom line. Facebook has changed the rules of engagement, […]
Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.
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