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Posts Tagged ‘mortgages’

Credit cards being used by millions to pay mortgage

By admin | August 18th, 2008 | Credit Cards

According to a recent report there are millions of homeowners in the UK that have been using their credit cards to make mortgage repayments over the past year. Rising living costs and borrowing costs have all been biting on household budgets, and with the country edging towards recession many people do not have the money [...]


Interest rates fall to 5.5%

By admin | January 2nd, 2008 | General

The Bank of England has announced that the base rate in the UK will be cut by a quarter point to 5.5%. In August 2006 the interest rate stood at 4.5%, but a series of five interest rates to try and bring rising inflation under control saw the base rate rocket to 5.75% within a [...]


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