Finance News – U.K.
What is your interest today?
‘Freemen on the land’: YouTube videos tell homeowners they aren’t bound by mortgages
The rise of a conspiracy theory encouraging homeowners to challenge mortgage obligations poses potential risks to lenders and the broader financial system by increasing the likelih...
Read Full Article →First-time buyers typically borrowing for 31 years
New homeowners are generally securing loans that extend over three decades, indicating sustained long-term borrowing even as interest rates experience slight decreases.
Read Full Article →About £1bn in car loan compensation at risk because data deleted, lawyers warn
Lawyers caution that routine data deletion by lenders could jeopardize compensation claims worth around £1 billion for consumers affected by previously inflated car loan costs.
Read Full Article →Government to clamp down on ‘buy now pay later’ services such as Klarna and Clearpay
The upcoming regulations will require lenders offering deferred payment options to assess consumers' ability to repay, aiming to enhance oversight and promote responsible borrowing...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →