Personal Money Guide http://www.personalmoneyguide.co.uk Your guide to managing your money Tue, 19 Oct 2010 12:41:16 +0000 en hourly 1 http://wordpress.org/?v= Review of credit card interest rates http://www.personalmoneyguide.co.uk/review-of-credit-card-interest-rates-oct-2010?utm_source=rss&utm_medium=rss&utm_campaign=review-of-credit-card-interest-rates-oct-2010 http://www.personalmoneyguide.co.uk/review-of-credit-card-interest-rates-oct-2010#comments Tue, 19 Oct 2010 11:15:40 +0000 pmgBoss http://www.personalmoneyguide.co.uk/?p=177 The Treasury and Department for Business is asking experts in the field for their views on how the cost of credit cards can be made fairer as part of a review of consumer credit.  The review will help inform the government’s proposals on changes in consumer credit which will be published in 2011.

The review will also include bank charges – i.e. the charges for going over your overdraft or payments bouncing. We’ll let you know as soon as they release any results from the review.

What are your views on this issue?

]]> http://www.personalmoneyguide.co.uk/review-of-credit-card-interest-rates-oct-2010/feed 1 Bank of England base rate stays at 0.5% http://www.personalmoneyguide.co.uk/bank-of-england-base-rate-stays-at-0-5?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-england-base-rate-stays-at-0-5 http://www.personalmoneyguide.co.uk/bank-of-england-base-rate-stays-at-0-5#comments Thu, 09 Sep 2010 12:55:35 +0000 pmgBoss http://www.personalmoneyguide.co.uk/?p=173 The base rate has been held at 0.5%, meaning it has been at this rate for the 18 months in a row now.  It was generally expected that there would be a hold on the rates. However, inflation is rearing its head, so there may well be a rise in rates in the coming months.

]]> http://www.personalmoneyguide.co.uk/bank-of-england-base-rate-stays-at-0-5/feed 1 Mortgages more easily available now http://www.personalmoneyguide.co.uk/mortgages-more-easily-available-now?utm_source=rss&utm_medium=rss&utm_campaign=mortgages-more-easily-available-now http://www.personalmoneyguide.co.uk/mortgages-more-easily-available-now#comments Mon, 06 Sep 2010 08:04:20 +0000 pmgBoss http://www.personalmoneyguide.co.uk/?p=170 News from Moneyfacts suggest that mortgages are now become cheaper and more easily available.  The number of mortgages available for those with a 20% deposit has risen, while the number available for those people lucky enough to have a 40% deposit has shrunk.  Those with a 20% now have over 352 products available compared to 166 at the start of 2010.  This suggests lenders are becoming a bit more reasonable in their appetite for risk i.e. happy to lend against a  higher percentage of the property.  However, the number of mortgages available to people with a 10% deposit, mainly first-time buyers, is still low.

Have you been able to secure a mortgage that you would like?  Leave a comment to let us know.

]]> http://www.personalmoneyguide.co.uk/mortgages-more-easily-available-now/feed 3 Welcome to the new look Personal Money Guide! http://www.personalmoneyguide.co.uk/welcome-to-the-new-look-personal-money-guide?utm_source=rss&utm_medium=rss&utm_campaign=welcome-to-the-new-look-personal-money-guide http://www.personalmoneyguide.co.uk/welcome-to-the-new-look-personal-money-guide#comments Wed, 18 Aug 2010 21:49:12 +0000 pmgBoss http://www.personalmoneyguide.co.uk/?p=160 The new look Personal Money Guide is finally here – and now offers not only lots of information about various aspects of personal money management, but also the lastest news on all things money related.  You’ll be able to check here to find out if there is anything that you should be aware of in the world of money.

]]> http://www.personalmoneyguide.co.uk/welcome-to-the-new-look-personal-money-guide/feed 2