Whatever your needs, the wide choice in our affordable homeowner loan range is certain to prove ideal. Whether you have a good credit rating or a bad credit rating you will most likely find that a homeowner loan will suit you down to the ground. You can select from a range of repayment periods, and interest rates on these loans are highly competitive. In some cases you can get loans that offer over and above your level of equity, and these are perfect for those with little equity in their homes. Loans can be arranged up to 125% of your property value.
When taking out a homeowner loan do bear in mind that these loans are secured against your home, and therefore you should ensure that you can keep up with the repayments. With out resources and expertise we can ensure that we find you a loan from our range of homeowner loan products so that you are comfortable with the interest rate, the repayment period, and the amount of the monthly repayment. We can even provide you with a loan that can be used for multiple purposes, which means increased convenience and ease for you.
If you want a great deal on a homeowner loan you can find out quickly, easily, and conveniently whether you qualify. You can do this buy using our ‘Do you Qualify’ feature from the comfort and privacy of your own home, so you can find out quickly and easily without any unnecessary hassle other companies my put you through.
Officials from the British Chambers of Commerce have stated that the economic outlook in the UK is worse than had been predicted, with the economic slowdown set to continue well into 2009. Last week the BCC described the decision by the Bank of England to leave interest rates unchanged at 5% as a mistake, and it has now warned that the central bank will need to act quickly in order to try and ease the expected continued slowdown.
The Bank of England has cut the base rate three times since December, taking it from 5.75% to 5%, but officials from the BCC say that further action is needed to try and improve the nation's economic outlook. Even a member of the rate setting Monetary Policy Committee has recently said that unless the central bank acts more aggressively in terms of cutting the base rate then the nation is in danger of falling into recession and house prices could plummet by a third.
Officials from the MPC and Bank of England have been stating for many months that the decision on interest rate movement is a difficult one in the current climate, as members have to consider rising inflation as well as a slowing economy. However, the BCC has said that the central bank should not waste time on undue caution due the dangers that are facing the economy over the next year and a half.
The BCC said that the more time the MPC wasted by not lowering rates further the more likely that the economic outlook would continue to deteriorate. It said that further delays would cause unacceptable threats to growth, and has cut its annual growth forecasts for next year from 2% to 1.6%. The BCC said that this cut was due to lower expected spending levels from consumers, who continue to struggle with rising bills and living costs.
However, despite the gloomy economic outlook the BCC has said that it does not think that a recession is likely, although it has urged the government to provide additional support for small businesses, which face a 'difficult and risky' eighteen months. more ....
BCC comments on economic outlook -
Officials from the British Chambers of Commerce have stated that the economic outlook in the UK is worse than had been predicted, - 12th May 2008 more ....
Seventeen year low for spending power -
According to a recent report the spending power of the average household in the UK has hit its lowest level in seventeen - 9th May 2008 more ....
No change to interest rates -
Following today's Monetary Policy Committee meeting the Bank of England has announced that interest rates are to remain unchanged at 5%. The - 8th May 2008 more ....
