If you want to invest in unit trusts, you should know that they spread investors’ money across a large variety of investment vehicles, thus reducing the risk of loss. This type of trust represents a collective investment scheme, which is established under a trust deed. Available to investors from the United Kingdom, Ireland, New Zealand, […]
Continue reading →Choosing between Endowment and Repayment Mortgage
October 18, 2011 By Jonathan
If you can’t make up your mind on whether to apply for an endowment or repayment mortgage, you may want to look at the features of both types. In the UK, repayment mortgage is a term describing mortgages whereby monthly payments serve to pay off the capital amount, along with the interest accrued. In this […]
Continue reading →Affordable Payments with Debt Consolidation
October 11, 2011 By Jonathan
If you are looking into debt consolidation to make your payments more affordable, you are probably aware of the many advantages that go with it. In the UK, debt consolidation helps borrowers lower their monthly payments and waive late fees. It is also a way to reduce interest rates on existing loans and have one […]
Continue reading →Bank Accounts for Teenagers
October 4, 2011 By Jonathan
If your teenager insists on having a credit card, what options are out there for you to explore? If your child is under 18 years of age, you can choose from a variety of prepaid credit cards on the UK banking market. The Splash Plastic Prepaid Card is one option to look into. The application […]
Continue reading →Benefits of a Flexible Loan
September 27, 2011 By Jonathan
Many bank customers in the UK look for loans with flexible terms and conditions, but what exactly is a flexible loan? This type of loan works similarly to a checking account, with borrowers drawing on cash whenever they need it. This is done by writing checks. The lender, which can be your banking establishment, sets […]
Continue reading →Benefiting from an Individual Savings Account
September 12, 2011 By Jonathan
If you are looking to open an individual savings account in England, you may know it offers a variety of benefits. An ISA refers to a financial product offered to UK residents and designed for savings and investment purposes. One benefit is the account’s favorable tax status. Account holders contribute money from their after tax […]
Continue reading →Choosing between Rewards and Cashback Credit Cards
August 22, 2011 By Jonathan
There are several types of mortgage interest rates to choose from if you plan to apply for a mortgage in the United Kingdom. These are the standard variable rate, variable rate, fixed rate, and tracker rate. In addition, there are mortgages offered with a discount rate and capped rate. A standard variable rate is offered […]
Continue reading →Types of Mortgage Interest Rates to Choose From
July 17, 2011 By Jonathan
There are several types of mortgage interest rates to choose from if you plan to apply for a mortgage in the United Kingdom. These are the standard variable rate, variable rate, fixed rate, and tracker rate. In addition, there are mortgages offered with a discount rate and capped rate. A standard variable rate is offered […]
Continue reading →How to Find a Holiday Loan
June 22, 2011 By Jonathan
If you are looking for a holiday loan in the UK, you probably know that this is money to be borrowed to go on holiday to a destination of your choice. Based on your credit score, you may be required to offer collateral to secure the loan, but most often, you will be approved for […]
Continue reading →Basic Bank Accounts for Bank Clients
May 16, 2011 By Jonathan
There are several basic bank accounts for bank clients in the UK, among which current accounts and savings accounts. Before choosing an account, however, you should consider the charges you may incur. There are two cases in which banks will charge you, the first being if you go over the set limit on an arranged […]
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