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Archive | May, 2007

New mortgages from Giraffe

18. May 2007

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It seems that global responsibility and awareness of the state of the environment has reached the mortgage market, with a new type of mortgage being launched this week. The green loan offering from Giraffe comprises a range of carbon offset mortgages. These will be available for mainstream, buy-to-let and self-certified customers. The mortgages work by offsetting [...]

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Contact-less credit cards to be introduced to the UK

17. May 2007

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Already in Japan, it was only a matter of time before the first contact-less credit cards were introduced into the UK. It is Barclaycard that are first set to introduce these cards and they are set to revolutionise the way in which we pay for smaller purchases. Imagine the next time that you want to pay [...]

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Woolwich predicts sellers’ market

11. May 2007

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Wise home sellers have managed to save on the cost of moving home in spite of an 11.1 per cent increase in property prices over the last year. The findings come from the Cost of Moving Survey from the Woolwich. Andy Gray, head of mortgages for the Woolwich, says that sellers are in a strong [...]

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Post Office welcomes PPI research

10. May 2007

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The Post Office has welcomed the research by Which? Magazine which has highlighted the use of underhand sales tactics to automatically add payment protection insurance (PPI) to a loan), even though it is not compulsory. Head of communications Claire Oldstein said: ‘Many customers have little understanding of PPI and some do not even realise they [...]

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