tag:blogger.com,1999:blog-51144844776583631392024-02-08T00:29:56.732+00:00Heart FinanceHeart Finance is one of the UK’s leading independent finance broker which was founded to search the entire market in order to help you find the best deal you possibly can.ant to save time AND money? Get the best deals from BIG brand names? At Heart Finance you are in the right place! Browse everything from Payday Loans to Insurance in your one stop money shop.heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.comBlogger178125tag:blogger.com,1999:blog-5114484477658363139.post-54772948715716883432014-02-03T12:07:00.001+00:002014-02-03T12:08:31.985+00:00Buying a Car ? Check Our Car Finance from 5.4% APR <div class="separator" style="clear: both; text-align: center;">
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<span style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 18px; text-align: center;">Do you want to buy the car of your dreams? At Heart Finance we want to work with you to find the best way of getting you car finance. We have finance options designed to work with your budget and get you into your new car with the minimum of hassle. We are now affiliated with the leading car finance brokers and, the easy online application together with years of experience, will help you find the right package for you.Car Finance Rates from 5.4% APR - No Deposit Required. </span><br />
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<span style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 18px; text-align: center;">Apply here: </span><span style="color: #333333; font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11.818181991577148px; line-height: 18px;"><a href="http://www.heartfinance.co.uk/car.html">http://www.heartfinance.co.uk/car.html</a></span></span><br />
<span style="color: #333333; font-family: Arial, Helvetica, sans-serif;"><span style="font-size: 11.818181991577148px; line-height: 18px;"><br /></span></span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-85798482611466541302013-12-10T11:42:00.000+00:002013-12-10T11:42:13.772+00:00Insurance Companies Remind Motorists of the Impact of Drink Driving <br />
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<img alt="No Drink Driving !!!" height="123" src="http://www.6sicuro.it/wp-content/uploads/2012/08/guida-in-stato-di-ebbrezza.jpg" title="Drink Driving ?! NO THANKS " width="400" /></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">During the Christmas period your nights out and social gathering in Bars, Restaurant and Night Clubs multiply. Motorists are constantly reminded about the impact of Drink Driving which can lead to catastrophic consequences. </span><br />
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;"><span style="line-height: 13.991477012634277px;"><b>As part of the ongoing Think! road safety campaign from the Department for Transport, drivers up and down the country are being asked to be more aware of their responsibilities for staying within the legal alcohol limit over the coming festive period.</b></span></span></h3>
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<a href="http://www.heartfinance.co.uk/insurance.html">Insurance</a> companies also take endorsements for drink driving very seriously and the the impact that a ban for drink and driving can have on the <a href="http://www.heartfinance.co.uk/insurance.html">insurance </a>premium is definitely substantial.<br />
The effect of Drink and Drive last well over a winter thaw.<br />
Be Safe Don't Drink and Drive.heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-82624293389870618682013-12-03T11:12:00.001+00:002013-12-03T11:12:05.913+00:00Debt Management - Get Back On Track <h1 style="border: 0px; font-family: Corbel, 'Lucida Grande', 'Lucida Sans Unicode', 'Lucida Sans', 'DejaVu Sans', 'Bitstream Vera Sans', 'Liberation Sans', Verdana, 'Verdana Ref', sans-serif; font-weight: normal; line-height: 1.3em; margin: 16px 0px 8px; padding: 0px;">
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<span style="color: #444444;">With <a href="http://www.heartfinance.co.uk/">Heart Finance</a>, you can be introduced to a</span><span style="color: #444444; line-height: 1.4em;"> <a href="http://www.heartfinance.co.uk/debt.html">debt management </a>plan (DMP)<br />which helps you to manage your debts and pay them off at a more affordable rate<br />by making reduced monthly payments. DMPs from Heart Finance and The Debt Advisors,</span><span style="color: #444444; line-height: 1.5em;">work with you to establish a budget that meets your household's needs.<br />Any money left over will be consolidated into one monthly payment to your debts.<br /> We don't charge any set-up fees.<br />Please be aware that many debt management companies provide debt management<br />as a service, but most will charge a fee to set up. </span></div>
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heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-28559650484306548762013-12-03T10:54:00.003+00:002013-12-03T10:54:43.337+00:00What Affects your Credit Rating <div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">If your credit rating is not a decent one, it can be very frustrating when it comes to applying for a <a href="http://www.heartfinance.co.uk/index_morgages.html">mortgage</a>, financing a new car or even just securing a decent current account or credit card - so it is best that we know all that there is to know. </span></div>
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<span style="font-size: 1.2em;">However, very few people ( 7 out of 1000 ) know what is actually included in their credit file - while a shocking 63 per cent have never checked their score, seeing as most will have tried to take out a financial product at some point.</span></div>
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<span style="font-size: 1.2em;">We would like to help you better understand the process behind what makes up your all-important credit history.</span></div>
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<span style="font-size: 1.2em;">'A bad rating banishes you to a credit blacklist'</span></h2>
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<span style="font-size: 1.2em;">Three quarters of all of the people surveyed by Which? believe that having a bad credit rating automatically means being blacklisted by lenders. </span></div>
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<span style="font-size: 1.2em;">But this is not true –</span><span style="font-size: 1.2em;"> your credit report only holds the facts about your history and a score.</span><span style="font-size: 1.2em;"><br /></span></div>
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<span style="font-size: 1.2em;">Each company has its own criteria for assessing applications. This means that a rejection by one doesn't necessarily mean the other credit providers will feel the same.</span></div>
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<span style="font-size: 1.2em;">If a lender is cautious about your history you might still be accepted, but the provider is likely to bump up the interest rate.</span></div>
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<span style="font-size: 1.2em;">'Being rejected will put off other lenders'</span></h2>
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<span style="font-size: 1.2em;">A whopping 78 per cent of people presume that every time they are rejected for a card or loan it marks their file, affecting future applications, according to credit referencing agency Experian.</span></div>
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<span style="font-size: 1.2em;">Each time a company searches your report it does leave a mark. Other lenders can see that firms have done a search but it won't show the outcome - so unsuccessful applications won't actually show up as such. Lenders will be able to see whether you subsequently ended up with a product though.</span></div>
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<span style="font-size: 1.2em;">James Jones, credit expert at Experian, explains that only the date of any previous checks, the name of the organisation you applied to and the type of credit you applied for appear on the file.</span></div>
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<span style="font-size: 1.2em;">That said, if you make multiple applications in a short space of time you risk even more rejections because it makes you look like you are desperate for credit. </span></div>
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<span style="font-size: 1.2em;">If you are shopping around for a credit card and getting quotes from several lenders you can ask them for a quotation search. This means you can find out what the company would offer you without a full credit application search marking your history.</span></div>
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<span style="font-size: 1.2em;">'You only have one credit history'</span></h2>
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<span style="font-size: 1.2em;">Although you might be aware of the three main credit referencing agencies Experian, Equifax and CallCredit, many people wrongly assume that they all access the same credit file.</span></div>
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<span style="font-size: 1.2em;">The majority of the information on each company's report will be the same, but there may be some slight differences with some offering extra information drawn from other sources (see the table below for more information).</span><span style="font-size: 1.2em;"><br /></span></div>
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<span style="font-size: 1.2em;">Jones says: 'Most established data sharing lenders provide information to all three credit referencing agencies whereas newer members typically work initially with just one CRA.'</span></div>
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<span style="font-size: 1.2em;">Each agency therefore holds a separate report. They also use slightly different systems to work out a rating.</span></div>
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<span style="font-size: 1.2em;">An application search by a bank or credit provider will only show up on the file of the agency used to run the search - not be pinged into all three.</span><br /><span style="font-size: 1.2em;"></span></div>
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<span style="font-size: 1.2em;">Remember: you cannot remove anything from your credit file unless it is a mistake - in which case you will need to notify all three agencies.</span></div>
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<span style="font-size: 1.2em;">'Never borrowing makes you a safer bet'</span></h2>
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<span style="font-size: 1.2em;">It seems a bit counter intuitive, but lenders actually prefer you to have borrowed money before, so that they can then judge how likely you are to pay it back.</span></div>
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<span style="font-size: 1.2em;">The referencing agencies don't have access to any savings or investment information, so searchers can only judge you on how disciplined you are at repaying debt and paying your bills on time.</span></div>
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<span style="font-size: 1.2em;">To apply for the most popular financial products and get the best rates, you will need to build up your score to make you into a more attractive borrower.</span></div>
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<span style="font-size: 1.2em;">There are special credit builder cards that can help you do this but these are only worth considering if you would otherwise struggle to get a standard credit card and make sure you never miss a payment and you pay off your balance each month to avoid being slapped with sky-high interest.</span></div>
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<span style="font-size: 1.2em;">If you have never had any credit before speak to a lender before applying and outline your situation to see if there is anything specific you should do.</span></div>
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<span style="font-size: 1.2em;">'Missing payments will not affect your score'</span></h2>
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<span style="font-size: 1.2em;">Missing payments or bills is never a good idea, but it can be particularly harmful to how attractive you look as a borrower.</span></div>
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<span style="font-size: 1.2em;">This does not just include the standard loans or credit card payments - your report can show any late payments for your utilities and any other contracts such as your mobile phone.</span></div>
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<span style="font-size: 1.2em;">Earlier this year, Yorkshire Water started reporting to Experian and the firm has also has set up a Rental Exchange, meaning your report includes information on rental payments too.</span></div>
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<span style="font-size: 1.2em;">Jones says: 'Missing one or two payments may not make too much difference, but if it looks like regular behaviour, lenders will shy away from you.’ </span></div>
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<span style="font-size: 1.2em;">The mark this will leave on your file usually lasts for around six years – so it is not the life sentence most people worry about.</span></div>
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<span style="font-size: 1.2em;">Remember: the more time has elapsed since you missed a payment the less likely a provider is to consider it a problem.</span></div>
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<span style="font-size: 1.2em;">'Registering on the electoral roll isn't important'</span></h2>
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<span style="font-size: 1.2em;">One of the most important steps to building a solid credit rating is registering on the electoral roll, as it confirms your identity at your address. You need your borrowing to be registered at that same address and everything to marry up.</span></div>
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<span style="font-size: 1.2em;">So if you are not on the roll and you apply for credit, your history and credit report can't be accessed.</span></div>
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<span style="font-size: 1.2em;">Changing address several times in a short space of time might not show you in the most positive light, as it can make you look less stable. But if you making sure you have registered at each address it will help make sure they have access to your full history.</span></div>
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Cutting up your unused credit cards might take away the temptation to spend but it could hurt your credit rating</div>
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<span style="font-size: 1.2em;">'You should ditch your unused cards to boost your rating'</span></h2>
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<span style="font-size: 1.2em;">If you have a wallet full of cards it might be a good idea to cull the numbers to remove the temptation to run up debts.</span></div>
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<span style="font-size: 1.2em;">But having one or two unused credit cards, or having a higher limit on a card or overdraft than you need, might actually help your score.</span></div>
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<span style="font-size: 1.2em;">Broadly speaking, you will look like a better risk by showing restraint.</span></div>
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<span style="font-size: 1.2em;">You can do this by using a small proportion of the credit you have access to and being prompt with your repayments.</span></div>
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<span style="font-size: 1.2em;">Therefore getting rid of a card that you do not use may in fact hurt your credit rating in the short run.</span></div>
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<span style="font-size: 1.2em;">'You can check your file too much</span>'</h2>
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<span style="font-size: 1.2em;">Checking your own credit rating will be recorded on your file.</span></div>
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<span style="font-size: 1.2em;">But the footprint it leaves is not one seen by lenders when they run a search - so there is no excuse for burying your head in the sand.</span></div>
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<span style="font-size: 1.2em;">It is important to review your file to make sure there are no mistakes, which can affect your borrowing ability, and to check for unusual activity, which could point to identity fraud. </span></div>
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<span style="font-size: 1.2em;">Y</span><span style="font-size: 1.2em;">ou will need to use Experian's Credit Expert to access your file there, </span><span style="font-size: 1.2em;">visit the </span><span style="font-size: 1.2em;">Equifax</span><span style="font-size: 1.2em;"> website, or visit the </span><span style="font-size: 1.2em;">Noddle</span><span style="font-size: 1.2em;"> website for your CallCredit history.</span><span style="font-size: 1.2em;"></span><span style="font-size: 1.2em;"></span></div>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">You will pay a £2 fee to view your file each time, but there are also free trials to take advantage of - remember to cancel before the trial period ends to avoid paying for a monthly service. </span></div>
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<span style="font-size: 1.2em;">'My address is blacklisted'</span></h2>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">Many people mistakenly believe that their credit score will be affected if they live with someone with a bad credit history.</span></div>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">But only jointly held accounts,<a href="http://www.heartfinance.co.uk/index_loans.html"> loans </a>or mortgages will show up on your file - simply sharing a house will not affect you. </span></div>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">If you have had any joint accounts in the past it might be worth contacting</span><span style="font-size: 1.2em;"> Equifax, Experian and Call Credit</span><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"> </span></span><span style="font-size: 1.2em;">to add a note to your file to specify that you are no longer financially linked with that person.</span></div>
<h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin: 0px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">'Previous tenants debts</span><span style="font-size: 1.2em;"> make it hard for YOU to borrow'</span></h2>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">Piles of final demands landing on the door step addressed to previous </span><span style="font-size: 1.2em;">occupants is likely to worry anybody as nobody wants debt collectors banging down their door – but the good news is that it can’t affect your credit score.</span></div>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding: 0px;">
<span style="font-size: 1.2em;">Lenders will use the electoral roll to track your history when you move house, but a search can only be run on people - not a particular address - so any previous debts from old owners won't be linked to your file.</span></div>
<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10px;"><br /><span style="color: #cccccc;">From the Mail Online </span><br /></span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-62836373732563203602013-11-24T08:31:00.000+00:002013-11-24T08:31:09.093+00:00Energy Suppliers have been told to Cut Costs for Consumers by Ofgem <br />
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<span style="background-color: white; color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; font-size: 14px; line-height: 18px;">The six companies that own and operate Britain's electricity network have to submit their business plans for the next price control period - 2015 to 2023 - to OFGEM for approval.</span></div>
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<span style="background-color: white; color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; font-size: 14px; line-height: 18px;"><br /></span>
<a href="http://www.heartenergyuk.com/images/pylons.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://www.heartenergyuk.com/images/pylons.jpg" /></a><span style="background-color: white; color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; font-size: 14px; line-height: 18px;">Only WPD ( Western Power distribution) has had the current business plan approved by OFGEM, in regard to Electricity. </span><br />
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<span style="background-color: white; color: #333333; font-family: Arial, sans-serif; line-height: 20px;">Compare 9 Business Electricity suppliers and 11 Business Gas suppliers at <a href="http://heartfinance.co.uk/utilities.html">Heart Energy </a></span><br />
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heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-22986643885638064092013-11-21T07:49:00.000+00:002013-11-21T07:49:31.473+00:00Insurance Companies have access to driver data<div class="introduction" id="story_continues_1" style="background-color: white; clear: left; color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; font-size: 1.077em; font-weight: bold; line-height: 18px; margin-bottom: 18px; padding: 0px; text-rendering: auto;">
A new system that will allow insurers to access DVLA data on drivers' convictions and penalty points will be tested from February.</div>
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The insurance industry says the move will cut the amount of fraud seen under the current system of driver declaration.</div>
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Up to 23% of motorists failed to accurately disclose their record to insurers, it has claimed.</div>
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Drivers will want to ensure that the new system will lead to lower premiums.</div>
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<span style="font-size: large;">Visit <a href="http://heartfinance.co.uk/insurance.html">http://heartfinance.co.uk/insurance.html</a> for the best quotes. </span></div>
heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-39476524556972421602013-11-19T14:02:00.000+00:002013-11-19T14:06:28.682+00:00 Heart Finance Search Google 1998 <span style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 18px;"><span style="font-size: large;">Looking through our Web Archives we have found this :<br /></span></span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjInDqIpkcqkBnCnrVtbCFMlIutvCDOmmsuiw0rY9-ywxvRT0fnFrpXfSBJavfP8M-KR0NLg3lcqPzD2CMyOJ-LpgLw5b39yavBEmSEOlpFPBiyIh6M8H80AiaSQAlvBJuP1TzR0apoyEsC/s1600/HEARTFINANCE.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="150" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjInDqIpkcqkBnCnrVtbCFMlIutvCDOmmsuiw0rY9-ywxvRT0fnFrpXfSBJavfP8M-KR0NLg3lcqPzD2CMyOJ-LpgLw5b39yavBEmSEOlpFPBiyIh6M8H80AiaSQAlvBJuP1TzR0apoyEsC/s400/HEARTFINANCE.jpg" width="400" /></a></div>
<br style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 13px; line-height: 18px;" />
<span style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: large; line-height: 18px;">A Retro Google Page Search from 1998 ... Who can remember<br /><br />one of the first looks of Google ?</span><br />
<span style="font-size: large;"><span style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 18px;"><br /></span>
<span style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 18px;">Even if we have tried to search for <a href="http://www.heartfinance.co.uk/">heart finance </a></span></span><br />
<span style="color: #333333; font-family: lucida grande, tahoma, verdana, arial, sans-serif;"><span style="font-size: large; line-height: 17.99715805053711px;"><br />for a bit of fun, obviously we did not have an online presence<br /><br />at that time, but please visit us now at <br /><br /><a href="http://www.heartfinance.co.uk/">www.heartfinance.co.uk</a> for Loans, Mortgages, Insurance,<br /><br />Debt Solutions, Energy Savings and much more.</span></span><br />
<span style="color: #333333; font-family: lucida grande, tahoma, verdana, arial, sans-serif; font-size: large;"><span style="line-height: 17.99715805053711px;"><br /></span></span>
<span style="color: #333333; font-family: lucida grande, tahoma, verdana, arial, sans-serif; font-size: large;"><span style="line-height: 17.99715805053711px;"><br /></span></span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-53893496577765860792013-11-04T13:39:00.000+00:002013-11-04T13:39:15.279+00:00<br />
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<img src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2EmzlR1mvwFxgzWHyX-kL1xcuazZglqq0mHjkqNN9k7oalV7-tWLNfugznCXvR7pAyD6CxvohBvxVOGtVgfQUtOhlWOAqyJuugjKMWLygcY9hAmr3pEc8SEFtfBt4x1OSBcCD5_X5j3uW/s1600/heart+energy.jpg" /><span style="background-color: #f9f9f9; font-family: Arial, sans-serif; line-height: 18.196022033691406px;"><span style="color: orange; font-size: large;">Your Business Savings Specialists <br />Compare 9 Business Electricity suppliers and 11 Business Gas suppliers IN LESS THAN 60 SECONDS* *</span></span></div>
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<span style="background-color: #f9f9f9; color: #222222; font-family: Arial, sans-serif; font-size: 12.727272033691406px; line-height: 18.196022033691406px;">Heart Energy is a market leading Business Utility Broker in the UK. Specialising in the commercial Electricity and Gas markets we search for the best deal but charge you absolutely nothing. We work for you, not the suppliers. We take your utility business to several providers and use our buying power to make sure you get the best price available.*</span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-16399100263138149872013-05-20T12:20:00.002+01:002013-05-20T12:20:04.829+01:00Make Today Your Pay Day <br />
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<a href="http://heartfinance.blogspot.co.uk/2011/09/i-wish-today-was-my-payday_05.html" style="color: #004c99; text-decoration: none;">I WISH TODAY WAS MY PAYDAY !!!!</a></h3>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJJdv8n0Q36w0kJux2O6GAXStXLTbCwmooysoaZY374V8hLBlDTQVl0284BzotNuSzdC5jx8BIYoH3oNWRHcEOKW-2CypVdvpYbMrZcySuxC_5i47f75sWiz3ULwFpLDykRUIj-DBXDnIk/s1600/paydaytug.jpg" imageanchor="1" style="clear: left; color: #004c99; float: left; margin-bottom: 1em; margin-right: 1em; text-decoration: none;"><br /></a><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJJdv8n0Q36w0kJux2O6GAXStXLTbCwmooysoaZY374V8hLBlDTQVl0284BzotNuSzdC5jx8BIYoH3oNWRHcEOKW-2CypVdvpYbMrZcySuxC_5i47f75sWiz3ULwFpLDykRUIj-DBXDnIk/s1600/paydaytug.jpg" imageanchor="1" style="clear: left; color: #004c99; float: left; margin-bottom: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="86" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJJdv8n0Q36w0kJux2O6GAXStXLTbCwmooysoaZY374V8hLBlDTQVl0284BzotNuSzdC5jx8BIYoH3oNWRHcEOKW-2CypVdvpYbMrZcySuxC_5i47f75sWiz3ULwFpLDykRUIj-DBXDnIk/s320/paydaytug.jpg" style="border: none; position: relative;" width="320" /></a></div>
<span class="Apple-style-span" style="font-size: 15px; line-height: 20px;">If you are looking to borrow some money to get you to your Pay Day, <a href="http://www.heartfinance.co.uk/" style="color: #336699; text-decoration: none;">Heart Finance</a> is your simple answer;</span><span class="Apple-style-span" style="font-size: 15px; line-height: 20px;"><div style="color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 1.5em; margin: 0px;">
With ♥ <strong>Heart Finance ♥</strong> It has never been easier or faster to get the same day <strong><a href="http://www.heartfinance.co.uk/payday.html" style="color: #336699; text-decoration: none;">payday loans</a></strong> that you need for that unexpected expense, late bill or for any reason! Our easy online same day <em><a href="http://www.heartfinance.co.uk/payday.html" style="color: #336699; text-decoration: none;">payday loan</a> </em>application process can have money in your pocket as soon as today (Usually in less than 2 hours) with absolutely no hassle! No credit check, No documents - just easy and fast!</div>
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<strong>EVERYONE IS ACCEPTED !!</strong> There are no long drawn out questions and very easy qualification criteria and absolutely no credit checking. The perfect online loan! </div>
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Borrow between £100 to £1000 in No time !! And don't let that unexpected cost stress you anymore! </div>
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<span style="color: #333333;">FRIDAY, 2 SEPTEMBER 2011</span></h2>
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heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-61258574023292933432013-05-15T21:26:00.005+01:002013-05-15T21:26:48.378+01:00Get Paid To Shop <br />
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<span style="font-family: Arial, Helvetica, sans-serif;"><span style="color: #222222; line-height: 20px;"><br /></span></span><span style="font-family: Arial, Helvetica, sans-serif;">W<span style="color: #222222; line-height: 20px;">hatever you are shopping online for, make sure you're getting the best deals.</span><br style="color: #222222; line-height: 20px;" /><span style="color: #222222; font-weight: bold; line-height: 20px;">Shop with <a href="http://www.heartfinance.co.uk/">Quidco</a></span><span style="color: #222222; line-height: 20px;">, save up to </span><span style="color: #222222; font-weight: bold; line-height: 20px;">50%</span><span style="color: #222222; line-height: 20px;"> at selected retailers and get over £200 cashback on selected products</span></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif;">The brainchild of Paul and Jen Nikkel, who began exploring the idea of a cashback website while studying at the University of Sheffield, Quidco has expanded rapidly since starting life in a small office in the City of Steel.</span><span style="font-family: Arial, Helvetica, sans-serif; line-height: 24px;">Employing over 100 members of staff, stationed in both Yorkshire and London, Quidco is now the number 1 cashback website in the UK with a loyal membership which continues to grow at an impressive rate of knots.</span><span style="font-family: Arial, Helvetica, sans-serif; line-height: 24px;">Attracting over 700,000 members inside its first four years, Quidco has expanded rapidly in the last three years to currently serve over 3 million UK consumers.</span><span style="font-family: Arial, Helvetica, sans-serif; line-height: 24px;">Operating with the overriding aim of being ’the best destination for consumers to save money’ Quidco’s exclusive cashback and voucher code deals save our members millions on their shopping every year.</span></div>
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heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-47890537959032680912013-05-15T17:46:00.001+01:002013-05-15T17:46:19.126+01:00Are you looking for Insurance? <br />
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<br /> <span class="Apple-style-span" style="color: #333333; font-family: Arial, Helvetica, sans-serif; line-height: 18px;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;">Heart </a> </span><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; line-height: 18px;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;">Finance</a> is one of the UK’s leading independent finance broker which was founded to search the entire market in order to help you find the best deal </span><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; line-height: 18px;">you possibly can. </span></div>
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<span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif; line-height: 18px;"><i><b>We offer a range of <a href="http://www.heartfinance.co.uk/insurance.html" style="color: #336699; text-decoration: none;">insurance</a> that are arranged through well established and recognised Insurances and financial institutions.</b></i></span></div>
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<br /><i style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 18px;"><b><span class="Apple-style-span" style="color: red;">Car Insurance, Home Insurance, Health Insurance, Life Insurance and more </span></b></i></div>
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<strong style="color: #295992; font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: normal;"><span class="Apple-style-span" style="font-size: small;">Why should you use <a href="http://www.heartfinance.co.uk/index.html" style="color: #ff8a49; text-decoration: none;">Heart Finance</a> <a href="http://www.heartfinance.co.uk/insurance.html" style="color: #336699; text-decoration: none;">Insurance</a> ? </span></strong></div>
<table border="0" cellpadding="3" cellspacing="0" style="background-color: white; border-collapse: collapse; color: #333333; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 18px;"><tbody>
<tr><td align="right" valign="top" width="45"><img height="15" src="http://www.quotezone.co.uk/emailimages/mhp_green.gif" width="17" /></td><td align="left" valign="top"><span style="color: black; font-family: Arial, Helvetica, sans-serif;">We are 100% <strong>independent</strong> and <strong>impartial</strong>. </span></td></tr>
<tr><td align="right" valign="top"><img height="15" src="http://www.quotezone.co.uk/emailimages/mhp_green.gif" width="17" /></td><td align="left" valign="top"><span style="color: black; font-family: Arial, Helvetica, sans-serif;">With our <strong>Quick-Click</strong> insurance system you can search our <strong>growing panel of insurers</strong> quickly and easily.</span></td></tr>
<tr><td align="right" valign="top"><img height="15" src="http://www.quotezone.co.uk/emailimages/mhp_green.gif" width="17" /></td><td align="left" valign="top"><span style="color: black; font-family: Arial, Helvetica, sans-serif;">Your information is stored so you can <b>get new quotes</b> instantly without having to fill everything in all over again.</span></td></tr>
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<span class="Apple-style-span" style="border-collapse: collapse; line-height: 18px;"><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif;">In many cases </span><b><span class="Apple-style-span" style="color: blue; font-family: Verdana, sans-serif;">we are </span></b><b><span class="Apple-style-span" style="color: blue; font-family: Verdana, sans-serif;"><u>Cheaper</u></span></b><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif;"> than <i><span class="Apple-style-span" style="color: blue;">Go Compare</span></i> and <i><span class="Apple-style-span" style="color: blue;">Compare the Market</span></i></span></span></div>
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<span class="Apple-style-span" style="border-collapse: collapse; line-height: 18px;"><span class="Apple-style-span" style="font-family: Arial, Helvetica, sans-serif;"><i><b>So why don't you see for yourself ? <span class="Apple-style-span" style="color: #cc0000;"><u>Get an instant quote</u> Now</span> ! <a href="http://www.heartfinance.co.uk/insurance.html" style="color: #336699; text-decoration: none;">Click Here </a> or visit </b></i></span></span><a href="http://www.heartfinance.co.uk/insurance.html" style="color: #336699; text-decoration: none;">http://www.heartfinance.co.uk/insurance.html</a></div>
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heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-42348369303795386892013-05-15T17:43:00.001+01:002013-05-15T17:43:11.861+01:00Heart Energy <b><span style="font-size: x-large;">Your Business Savings Specialists </span></b><br />
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<span style="clear: left; color: #e69138; float: left; margin-bottom: 1em; margin-right: 1em;"><a href="http://www.heartenergyuk.com/"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2EmzlR1mvwFxgzWHyX-kL1xcuazZglqq0mHjkqNN9k7oalV7-tWLNfugznCXvR7pAyD6CxvohBvxVOGtVgfQUtOhlWOAqyJuugjKMWLygcY9hAmr3pEc8SEFtfBt4x1OSBcCD5_X5j3uW/s1600/heart+energy.jpg" /></a></span></div>
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<b><span style="color: orange; font-size: large;">Compare 9 Business Electricity suppliers and 11 Business Gas suppliers IN LESS THAN 60 SECONDS</span></b><br />
<b><a href="http://www.heartfinance.co.uk/utilities.html">Heart Energy</a> is a market leading Business Utility Broker in the UK. Specialising in the commercial Electricity and Gas markets we search for the best deal but charge you absolutely nothing. We work for you, not the suppliers. We take your utility business to several providers and use our buying power to make sure you get the best price available.</b><br />
heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-2077960484012812202012-07-28T21:53:00.000+01:002012-07-28T21:53:07.706+01:00WHAT'S NEW?! Heart Energy Launch!<span style="font-family: Arial, Helvetica, sans-serif;">After almost 2 years, and successful approach to Finance Brokerage, Heart Finance have invested in a new product: <a href="http://www.heartenergyuk.com/index.html">Heart Energy</a>. </span><br />
<div style="text-align: left;"></div><a href="http://www.britishsme.co.uk/wp-content/uploads/makeitcheaper17.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><span style="font-family: Arial, Helvetica, sans-serif;"><img border="0" src="http://www.britishsme.co.uk/wp-content/uploads/makeitcheaper17.jpg" /></span></a><span style="font-family: Arial, Helvetica, sans-serif;"><a href="http://www.heartenergyuk.com/index.html">Heart Energy</a> is a market leading Business Utility Broker, Specialising in the commercial Electricity and Gas markets we search for the best deal<b> but charge you absolutely nothing</b>. We work for you, not the suppliers. We take your utility business to several providers and use our buying power to make sure you get the best price available.</span><br />
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<div style="text-align: left;"> </div><div style="text-align: left;"></div><h3 style="background-color: #edecf1; color: #074f7f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 28px; margin: 0px; padding: 2px 0px 3px;">How does it work?</h3><div style="background-color: #edecf1; font-family: Tahoma, Geneva, sans-serif; font-size: 13px;">We are so confident of our service that, unlike many other brokers, we do not ask you to enter into an agreement with Heart Energy. If we don’t deliver you are free to use whoever you wish to source your energy requirements.</div><div style="background-color: #edecf1; font-family: Tahoma, Geneva, sans-serif; font-size: 13px;">Heart Energy search for your supply against supplier matrix pricing to identify the best price for your business, once this is complete we then negotiate directly with the top three suppliers to see if we can drive down the price further. The results from this are delivered to you to make your decision on which supplier you prefer.</div><div style="background-color: #edecf1; font-family: Tahoma, Geneva, sans-serif; font-size: 13px;">Sounds simple and to us it is as we go through this process every day, on behalf of our clients. Most businesses carry out the same exercise with a selection of suppliers we do it with all of our suppliers so you can be confident the prices offered are the best from the greatest range.</div><h1 align="center" style="background-color: #edecf1; color: #ef5033; font-family: Arial, Helvetica, sans-serif; font-size: 24px; line-height: 30px; margin: 0px; padding: 4px 0px 6px;">"Supplier independent advice you can trust"</h1><div><br />
</div><h2><span style="font-family: Arial, Helvetica, sans-serif;">Visit <a href="http://www.heartenergyuk.com/">www.heartenergyuk.com</a> or call 0844 8484798</span></h2><div><span style="font-family: Arial, Helvetica, sans-serif;"><br />
</span></div><div><span style="font-family: Arial, Helvetica, sans-serif; font-size: x-small;">Heart Energy is part of Heart Finance </span></div><div><br />
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</div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-35831685489349049842012-07-28T20:03:00.000+01:002012-07-28T20:03:15.319+01:00Lenders in tug-of-war for new mortgage business<div class="storyHead" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px; margin: 0px; padding: 0px;"><h2 style="color: #404040; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin: 0px; padding: 0px 0px 10px;">The <a href="http://www.heartfinance.co.uk/index_morgages.html">mortgage</a>-rate price war is well under way and lenders are finally competing for your business.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding: 0px;"><div class="slideshow ssIntro" style="margin: 0px 0px 10px;"><div class="nextPrevLayer" style="height: 405px; overflow: hidden; position: relative;"><div class="ssImg" style="padding: 0px;"><img alt="Smith (in spectacles) during tug-of-war training on the Isle of Wight, 1943" height="388" src="http://i.telegraph.co.uk/multimedia/archive/02223/smithtug_2223358b.jpg" style="border: 0px; display: block;" width="620" /><div class="artImageExtras" style="font-family: arial; margin: 0px; padding: 0px;"><div class="ingCaptionCredit" style="padding: 2px 0px 0px;"><span class="caption" style="color: #404040; font-size: 1.1em; line-height: 1.38em; margin: 0px 5px 0px 0px;">Lenders are engaged in a tug of war for your mortgage</span> </div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; font-family: georgia, 'times new roman', times, serif; margin: 0px 20px 0px 0px; width: 460px;"><div class="story" style="border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><span style="color: #282828; font-size: xx-small;"><div class="cl" style="clear: both; display: table;"></div></span><div class="bylineComments" style="border-bottom-style: none; color: #282828; font-size: 10px; margin-bottom: 0px; padding-bottom: 5px;"><br />
<span style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em;">Home owners who want to cut their monthly <a href="http://www.heartfinance.co.uk/index_morgages.html">mortgage</a> repayments can celebrate the outbreak of a price war among lenders this week.</span></div><div id="mainBodyArea"><div class="secondPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Several lenders made significant cuts to their rates, although borrowers still need substantial equity in their homes to qualify for the best deals. Some of the rate reductions would save home owners about £30 a month on a typical<a href="http://www.heartfinance.co.uk/index_morgages.html"> mortgage</a>.</div></div><div class="thirdPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Nationwide Building Society has cut rates by as much as 0.4 of a percentage point. The cost of its five-year fixed-rate cut deal for those with a deposit of at least 30pc is falling from 3.79pc to 3.39pc, although the fee is rising to £999 from £549. The rate on its two-year fix, for deposits of 40pc or more, is falling by 0.3 of a percentage point to 2.99pc, with a £999 fee.</div></div><div class="fourthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Barclays, meanwhile, is dropping the cost of its five-year fixed rate for 30pc equity by 0.3 percentage points to 3.99pc, and the two-year rate for 40pc equity by 0.2 percentage points to 3.09pc. These deals come with a £999 application fee.</div></div><div class="fifthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">The bank is also offering a market-leading two-year fixed mortgage at 3.29pc with no application fee, although customers will need a 30pc deposit to take it up.</div></div><div class="related_links_inline" id="tmg-related-links" style="background-color: #f4f4f0; border-bottom-color: rgb(229, 229, 229); border-bottom-style: solid; border-bottom-width: 1px; margin-bottom: 8px; overflow: hidden; width: 460px;"><div class="headerOne styleThree" style="background-color: white; background-image: url(http://www.telegraph.co.uk/template/ver1-0/i/grey_dots.gif); background-position: 0% 0%; border-top-color: rgb(177, 13, 24); border-top-style: solid; border-top-width: 2px; font-family: arial, sans-serif; margin-bottom: 6px; margin-top: 0px; padding: 2px 0px 8px;"><div style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding: 0px 0px 0.7em;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="color: blue;"><b><span style="font-size: small;"><br />
</span></b></span></span></span></div><div style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding: 0px 0px 0.7em;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="color: blue;"><b><span style="font-size: small;">FACT</span></b></span><span style="font-size: xx-small;"> </span></span></span></div><div style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 11px; min-height: 1px; padding: 0px;"></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i>Heart Finance</i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-color: white; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-color: white; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">standards of service</span></i><span style="background-color: white; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We recognise that both we and our customers have everything to gain if we look after your best interests and treat you fairly in all aspects of our dealings with you</span></i><span style="background-color: white; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 15px; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;">mortgage</a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: small;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></span></div></div></div><div class="body" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;"><br />
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</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Rachel Springall of Moneyfacts, the comparison website, said: "The new two-year fixed deal from Barclays at 3.29pc is the lowest rate on the market at 70pc loan-to-value."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Halifax also joined in, with some rates being cut by as much as a fifth of a percentage point, while Chelsea Building Society has tweaked some rates downwards.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">"The mortgage rate war is well under way," said Mark Harris, the head of SPF Private Clients, the mortgage broker.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Michael Ossei of uSwitch.com said the battle for customers was "really starting to kick off" among longer-term fixed-rate deals. "There is a great deal of appetite for longer-term fixed-rate deals," he added. "Lenders are starting to wise up to what borrowers are looking for and are finally giving them what they want."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">The moves follow HSBC's launch earlier this month of a five-year fix at a record-low rate of 2.99pc, for 40pc deposits and with a £1,499 fee. Santander responded last week with a similar deal for existing customers.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">"The move by HSBC a couple of weeks ago has sparked others to reconsider their fixed-rate mortgages," said David Hollingworth of London & Country, another broker.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Lenders are able to cut fixed rates because costs on the wholesale market have also been falling.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">There are hopes that lenders' new appetite to compete for business, and a new government scheme called Funding for Lending to provide low-cost funds to banks, will put some life into the property market, which has been bumping along the bottom for some time. Figures from the British Bankers' Association this week showed that mortgage approvals for house purchases were at their lowest level since January 2009 and a fifth lower than a year ago.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Rates could fall further still. Mr Hollingworth said: "The trend looks set for fixed rates to drift down further." But there is a limit to how low they will go. Mr Harris added: "There is a natural floor below which fixes won't fall – assuming Bank Rate stays at 0.5pc, fixes are unlikely to fall much below 2.5pc."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">If they did, he explained, they would start looking cheaper than variable rates, whereas "the whole idea of a fix is that you pay a premium for the security that a fixed-rate offers".</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">With many economists expecting Bank Rate to remain at 0.5pc for the foreseeable future, is there any point fixing your rate at all? Mr Hollingworth said: "Of course, one of the reasons for the fall in fixed rates is that the markets expect Bank Rate to remain static, which of course means that a tracker rate could look like a very attractive option.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">"However, I think many borrowers still feel that they wish to guard against all the uncertainty in light of the continuing recession. The more attractive fixed rates become, the more likely they are to be attracted to the safety-first approach."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Adrian Anderson of broker Anderson Harris warned against fixing your rate for too long, however. "While these falling fixed rates are great news for borrowers looking for extended security, make sure you don't fix for longer than you are absolutely sure about," he said.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">"Otherwise you'll be hit with hefty early repayment charges when you try to exit, particularly as porting a mortgage [taking it with you when you move] is so much more difficult these days.'</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">First-time buyers still face an uphill struggle, despite the spate of rate cuts. If you have a deposit of 5pc, you will pay hundreds of pounds a month more than borrowers with more substantial equity.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">"If you have only a 5pc deposit, for example, you will pay an extra 3 percentage points on a five-year fixed-rate mortgage compared with someone with 40pc," Mr Harris said, comparing a 5.99pc deal from Leeds Building Society with HSBC's 2.99pc offer.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">On a £150,000 mortgage, this works out at an extra £375 per month, as the HSBC costs £374 per month compared with £749 a month with Leeds, he calculated. "Over the five years of the fixed rate, you would pay an extra £22,500 for having a smaller deposit – practically double what the home owner with the bigger down payment would pay."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">He said there were some signs of hope for first-timers, however. "Although it is still too early to say for sure, the Funding for Lending scheme should have a positive impact on the availability and pricing of low-deposit deals.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">Increased levels of lending to those with modest deposits would boost the market, and the early<br />
signs are encouraging, with RBS reducing its five-year fixed rate to 4.79pc for those with just a 10pc deposit."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding: 0px 0px 0.7em;">But he added: "It is important not to get carried away. While rates might ease, lenders still have constraints on their capital and liquidity, so those expecting rock-bottom rates and a plethora of low-deposit deals are likely to be disappointed."</div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-625371644475214592012-05-04T10:13:00.000+01:002012-05-04T10:13:35.571+01:00House prices fall for third consecutive month<br />
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<span style="color: #404040; line-height: 1.2em;"><span style="font-size: small;">House prices have now fallen 11.8pc since they reached their peak in October 2007.</span></span></h1>
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The figures show that house prices dipped 0.2pc in April, leaving them down 0.9pc on last year, and the building society said that it expected housing market activity to "remain subdued" with prices showing little growth or a small dip over the next twelve months.</div>
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Robert Gardner, Nationwide's chief economist, said that recent softness in housing market figures has been affected by the expiry of the Government's stamp duty holiday for first-time buyers in late March. This provided an artificial boost to house prices in early 2012 as buyers brought forward purchases, meaning that the last few months have been softer by comparison.</div>
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The average price of a UK home is now £164,134, compared with £165,609 a year ago, and £167,802 in April 2010.</div>
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But according to non-seasonally adjusted data, the average house price on the Nationwide measure peaked at £186,044 in October 2007 and then fell back as low as £147,746 in February 2009. It then recovered to a peak of £170,111 in June 2010 and stood at £164,134 in April 2012.</div>
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"Consequently, house prices in April were 3.5pc below their June 2010 peak and 11.8pc below their October 2007 record high," said Howard Archer, chief UK economist at IHS Global Insight.</div>
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<span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i>Heart Finance</i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div>
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<span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div>
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<span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;">mortgage</a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: medium;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></span></div>
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He added that the Nationwide report "fully ties in with our long-held suspicion that house prices are likely to trend gradually lower over the coming months. Specifically we expect house prices to fall by around 3pc by the end of 2012."</div>
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"Housing market activity is very low compared to long-term norms. And the economic fundamentals currently look worrying overall for the housing market with unemployment high and likely to rise further, earnings growth muted, and the outlook uncertain. This is countering extended low interest rates."</div>
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Nicholas Ayres, from buying agents Home Fusion, said that house prices were being dragged down by the "full weight of consumer caution and economic uncertainty". It is also becoming more difficult for consumers to get a mortgage, with the Co-op being the latest lender to pull out of offering interest-only mortgages this week, and others tightening their criteria for handing out loans.</div>
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"The Nationwide are there or thereabouts when they say prices will stagnate over the course of the next year," he said. "My feeling is that this is the most positive scenario".</div>
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<span style="color: #cccccc;">From the Telegraph</span></div>
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</div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-79807452712101321052012-04-27T10:13:00.003+01:002012-04-27T10:13:35.142+01:00Payday loan bosses hit back at MPs<br />
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Payday loan providers have claimed they have been unfairly branded as bad value for money by politicians.</h2>
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Payday lenders claimed today that they are being unfairly tarnished by politicians who have "misunderstood" the service they provide.</div>
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Trade body the Consumer Finance Association (CFA) argued that while politicians tend to hold negative views towards payday lenders, most people who actually take out such loans believe they are getting good value for money.</div>
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It made the claims as it published a study, carried out by YouGov, which questioned 300 customers of payday lender the Money Shop, as well as 300 politicians, including MPs, House of Lords peers and councillors.</div>
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More than nine out of 10 customers believe payday lenders treat customers with respect, compared with just one in 20 of the politicians surveyed.</div>
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Some 89pc of consumers questioned said payday lenders explain their charges and fees clearly, but only 12pc of the politicians in the study hold this view.</div>
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John Lamidey, chief executive of the CFA, said: "Payday loans can be misunderstood by politicians concerned for the welfare of their constituents in tough economic times.</div>
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"This research clearly shows that the people who actually use payday loans are extremely satisfied with them at every level."</div>
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Three quarters of payday loan customers said they were satisfied that they had received a fair deal representing good value, although a significant minority of 15pc were dissatisfied.</div>
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Payday lenders will face tougher scrutiny under a new financial regulator, with beefed up powers to impose unlimited fines on firms which breach the rules.</div>
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They will find it harder to enter the market and will also have to undergo more rigorous checks when the Financial Conduct Authority (FCA) takes control of overseeing the consumer credit market.</div>
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Last month, the Business, Innovation and Skills (BIS) Committee called for tougher action on "opaque and poorly regulated" commercial debt management companies and high interest-charging payday lenders.</div>
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The abuse of customers who are "over-indebted, vulnerable and desperate for help" has caused people to lose their home in some of the worst cases, MPs said.</div>
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The Office of Fair Trading (OFT) is also carrying out spot checks on 50 major payday lenders amid the concerns that people are being given loans without proper checks being carried out.</div>
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The CFA argued that most customers use short-term loans simply to "smooth out the peaks and troughs of their finances" rather than relying on them every month.</div>
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Half of customers surveyed use payday loans once a year or less and just 6pc use them monthly, according to the study.</div>
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<span style="color: #cccccc;">By the Telegraph</span></div>
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</div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-11781251008005394972012-04-18T10:51:00.000+01:002012-04-18T10:51:24.944+01:00<h1 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;">The ticking interest-only mortgage timebomb: Millions of owners at risk of not being able to afford their home</h1><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><br />
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</ul></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; font-weight: bold; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Borrowers with no plan to repay cut-price interest-only loans, or whose investments have fallen short, risk being forced to sell when their mortgage expires. Some like Walter Harper will have to leave homes they have loved for decades.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Walter Harper has lived in his beloved home for two decades — but last July he was forced to put it on the market. He shared the Luton bungalow with his wife and, after she passed away, his partner, and has watched his grandchildren play there. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">But he is being forced to move because he owes £110,000 on an interest-only mortgage that he can’t afford to repay. Instead of spending his last days in the house he loves, he will be forced to rent elsewhere. </span></div><div class="clear" style="border-bottom-width: 0px !important; border-color: initial !important; border-image: initial !important; border-left-width: 0px !important; border-right-width: 0px !important; border-style: initial !important; border-top-width: 0px !important; clear: both; float: none !important; font-family: Arial, Helvetica, sans-serif; font-size: 0px !important; height: 0px !important; line-height: 0 !important; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 0px !important; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important; text-align: left; width: auto;"></div><div class="thinCenter" style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: auto; margin-right: auto; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; width: 470px;"><img alt="Forced to sell: Walter Harper plans to rent near his daughters and their children as he can't afford to repay his mortgage" class="blkBorder" height="286" src="http://i.dailymail.co.uk/i/pix/2012/04/17/article-2131192-12986327000005DC-662_468x286.jpg" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-image: initial; border-left-color: black; border-left-style: solid; border-left-width: 1px; border-right-color: black; border-right-style: solid; border-right-width: 1px; border-style: initial; border-top-color: black; border-top-style: solid; border-top-width: 1px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" width="468" /><div class="imageCaption" style="min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Forced to sell: Walter Harper plans to rent near his daughters and their children as he can't afford to repay his mortgage</div></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Like so many others caught in the interest-only trap, Mr Harper is being forced to leave his family home because of an investment that performed far worse than predicted.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">‘I had hoped to own my home by now. This wasn’t what I planned for my retirement at all,’ he says. When Mr Harper took out his mortgage, he was also saving into a with-profits pension. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div class="relatedItemsTopBorder" style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"> </div><div class="relatedItems" style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><h4 style="font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</h4><ul style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></ul></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">In 1997 he was told this would eventually be worth £276,000, allowing him to take £69,000 as a cash lump sum to pay off most of what he owed. But when he retired in 2008, his pension was worth half this amount, leaving him £78,500 short. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">He plans to rent near his daughters, Lesley and Tracy, and their children. He’ll use what is left from the house sale to supplement his pension income. </span></div><h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">How the interest-only timebomb started ticking</span></h2><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Mr Harper’s tale is far from unusual. There are almost four million homebuyers in Britain with interest-only mortgages. With these mortgages, borrowers pay only the interest on the loan, but don’t have to pay back any of the capital on the property. This happens when the loan matures, usually at the end of 25 years.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Interest-only deals became popular in the Seventies when people were attracted to them because they looked cheap in comparison to loans where you repaid the capital as well. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Homebuyers planned to pay off their capital by using money from an endowment — a type of savings plan linked to the stockmarket. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">In the Eighties and Nineties, interest-only loans boomed, driven by commission-hungry bank salesmen who promised huge profits on the endowments.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">People were sold a dream that taking one out would not only pay for the mortgage, but also provide them with a handsome lump sum, which they could spend on the holiday of a lifetime and a car. Now thousands, like Mr Harper, who believed this sales pitch have been caught out.</span></div><h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">And how the property boom made it much worse</span></h2><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">In the housing boom of the late Nineties, a different problem emerged. Homebuyers took interest-only deals as they were the only way of stretching wages to buy a house. Many of these desperate homebuyers now find themselves trapped. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">This is what has snared National Trust recruiter Dee Wadham. She took an interest-only mortgage in 2004, just as the property bubble was about to peak. She bought a one-bedroom cottage in the Cornish village of Par for £120,000 with her partner. </span></div><div class="thinFloatRHS" style="float: right; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 4px; margin-left: 10px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; width: 235px;"><img alt="Trapped: Dee Wadham is not sure how she will repay the £68,000 she will owe when the mortgage term ends in 2021" class="blkBorder" height="423" src="http://i.dailymail.co.uk/i/pix/2012/04/17/article-2131192-1289EB3D000005DC-971_233x423.jpg" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-image: initial; border-left-color: black; border-left-style: solid; border-left-width: 1px; border-right-color: black; border-right-style: solid; border-right-width: 1px; border-style: initial; border-top-color: black; border-top-style: solid; border-top-width: 1px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" width="233" /><div class="imageCaption" style="min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Trapped: Dee Wadham is not sure how she will repay the £68,000 she will owe when the mortgage term ends in 2021</div></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">After they separated, she bought him out and took an interest-only loan so she could afford the mortgage on her £17,000 a year salary. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">As house prices rose, she took on a bigger mortgage in order to renovate the house. Her monthly repayments on the £68,000 loan are £185, but this wipes out a huge chunk of her take-home pay. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Dee is not sure how she will repay the £68,000 she will owe when the mortgage term ends in 2021. Her hope is she will be able to extend the mortgage term, but she will be 64 when it matures and banks are reluctant to lend to older customers these days.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Another option is to pay off chunks of capital as and when she can. ‘At no point did anybody say to me: “There is no way you can afford to pay back that amount of money.” I am sickened and worried about the future,’ says Ms Wadham. </span></div><h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Just how bad is the trap?</span></h2><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">City watchdog, the Financial Services Authority, has warned of an interest-only timebomb for 1.3million people whose mortgages mature within the next eight years. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">But industry trade body the Council of Mortgage Lenders is playing down the concerns. It says most of those caught in the interest-only trap have benefited from years of house price growth and so can use this equity as a way of paying off their loan.They also believe many will have savings to pay it off. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">It’s true that many borrowers have large chunks of equity. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Despite recent falls in some parts of the country, since 1987 average property prices are up 279 per cent. This should give the average homeowner at least 75 per cent equity. But even the banks have wised up to the risks of homeowners banking on property price increases to pay off their loans. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">New rules make it difficult for customers to use this as a way of trading up the ladder. This threatens to affect millions of younger homeowners who bought before these restrictions came in to place. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">The major problem hitting now is that lenders are bringing in increasingly stringent rules on who can have an interest-only mortgage. Those who do not meet them can keep their interest-only deals but will be forced off them if they need to move home or remortgage.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">For someone with a £150,000 mortgage over 25 years at four per cent, moving from interest-only to repayment will send payments up by £300 a month, from £500 to £800.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"><br />
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</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"></span></div><div style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="color: blue;"><b><span style="font-size: medium;">FACT</span></b></span><span style="font-size: xx-small;"> </span></span></span></div><div style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 11px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto;"></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i>Heart Finance</i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; 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font-size: 11.5pt;"><o:p></o:p></span></span></span></div><div class="MsoNormal" style="background-color: white; color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 20px; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;">mortgage</a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: medium;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></span></div><br />
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</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"><br />
</span></div><h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">A rise in my home's value will let me repay it</span></h2><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Chloe Halstead, 26, took an interest-only deal in 2009 when she bought a three-bedroom semi in Ewloe, North Wales. A repossessed property, it cost a knock-down £80,000 — and while house prices in the region have been falling since then, hers is now worth £110,000.</span></div><div class="thinFloatRHS" style="float: right; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 4px; margin-left: 10px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left; width: 235px;"><img alt="Optimist: Chloe Halstead plans to sell soon to buy a bigger house" class="blkBorder" height="423" src="http://i.dailymail.co.uk/i/pix/2012/04/17/article-2131192-12A01DC0000005DC-589_233x423.jpg" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1px; border-color: initial; border-image: initial; border-left-color: black; border-left-style: solid; border-left-width: 1px; border-right-color: black; border-right-style: solid; border-right-width: 1px; border-style: initial; border-top-color: black; border-top-style: solid; border-top-width: 1px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" width="233" /><div class="imageCaption" style="min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Optimist: Chloe Halstead plans to sell soon to buy a bigger house</div></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">She chose an interest-only loan, like many first-time buyers, because it dramatically reduced her monthly payments.She plans to sell soon to buy a bigger house. Though experts say Ms Halstead may find herself trapped by the new mortgage rules, she is confident about the future. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">‘I’m not worried about paying the capital because I know I’ll be able to sell at a profit,’ she says. ‘Interest-only is very handy for people looking to invest in property and I hope the banks don’t take away these loans completely.’ </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Her optimism is typical of many youngsters who sign up for interest-only loans. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Mortgage brokers still believe these are an excellent way for those on low incomes to take their first steps on the property ladder — as long as they start to make capital repayments, or savings, after a few years. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">The problem is many don’t. And years later they are forced to turn to friends and family, or the banks for help. Many rely on an inheritance to pay off their mortgage.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">In 1990, Allan Keith Dixon, 58, and his wife Maureen, 62, took out a £100,000 interest-only loan for their bungalow in Tyne & Wear. They also took out an endowment policy, but this failed dismally. Their house is now worth £325,000, but they don’t want to sell. Instead they will extend their mortgage term until they receive a windfall from a relative.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">‘We will just keep paying our mortgage until we receive our inheritance,’ says Mr Dixon, a retired teacher who became a mortgage adviser.<br />
<span style="font-weight: bold;"></span></span></div><h2 style="font-family: Arial, Helvetica, sans-serif; font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">How a cheap deal became a financial disaster</span><span style="font-size: 1.2em;"></span></h2><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"><span style="font-weight: bold;">Why did people take out interest-only deals?</span> </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">From the Seventies until the turn of the century, interest-only mortgages were the most popular type of loan. Most people were attracted to them because they looked cheap by comparison to capital repayment deals. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">At a rate of 4 per cent, interest-only payments are £500 a month on a typical £150,000 loan, compared with £792 a month for someone on a capital repayment mortgage. The difference is that interest-only borrowers need to pay off the capital part of their loan when their mortgage term ends — typically after 25 years. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Largely, homebuyers planned to pay off their capital by using money from an endowment — a type of savings plan linked to the stockmarket. In 1988 alone, more than one million homebuyers took interest-only loans. In 1992 three out of every four mortgages taken by homebuyers were interest-only.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Though the popularity of endowments began to decline after the year 2000 a new trend began to emerge — a rise in the number of homebuyers taking interest-only loans who had no idea how the capital would be repaid.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">As house price increases raced ahead of average wage rises, first-time buyers saw interest-only deals as a way of getting a foot on the property ladder. Many had small deposits, but interest-only deals allowed them to cut their repayments and borrow more. In some years, as many as one in five of all first-time buyers used this arrangement. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"><span style="font-weight: bold;">What’s the problem?</span> </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">City watchdog the Financial Services Authority (FSA) has warned 1.3million borrowers whose interest-only loans mature between now and 2020 that they face a ‘ticking timebomb’ — they have no way to repay the loan. Its data suggests there are 320,000 interest-only borrowers who have missed or were late with at least one mortgage payment. Its fear is that if homeowners can’t even afford the interest on their loan they will never be able to repay the capital. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">On average, homeowners with loans maturing in the next 12 years will have to pay off £59,000, according to trade body the Council of Mortgage Lenders (CML). More than 2.5million households will see their interest-only mortgage mature after 2020, with an average debt of £155,000 to pay off. Many of those with loans maturing may have never put savings in place to pay them off. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Others may have started with good intentions and put money aside, but ended up using this for childcare, school fees or other living costs. Thousands more have seen their savings plans, typically an endowment, deliver far less than expected. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">The vast majority of endowments sold alongside mortgages were with-profits policies. Many whose policies mature this year were told to expect upwards of £100,000 from their plans — based on a £50-a-month saving by a man who took out a policy nearing his 30th birthday. But returns have nosedived by as much as 44 per cent in recent years. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;"><span style="font-weight: bold;">Weren’t people warned?</span> </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Many were. Those relying on endowment policies to pay off their mortgage receive a projection letter from their insurer every two years. These are colour-coded — red if a shortfall is expected, amber if a shortfall is likely, and green if the policy is on track to pay off the mortgage. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Despite this disappointment, some took action and put aside alternative savings. But this was not possible for those on already-stretched budgets.</span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Many consumers won redress for being mis-sold an endowment, on the grounds that the risks were not properly explained to them. This cash was supposed to be used to help them pay off their mortgage — but many simply saw it as a windfall and spent it. </span></div><div style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Many borrowers missed the deadline to claim redress, and others never got the chance because of complicated regulations governing who sold them the loan. Recently banks have been writing to interest-only customers reminding them to make plans to pay off their capital.</span></div><span style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; text-align: left;"><br />
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</span><h2><span style="font-family: Arial, Helvetica, sans-serif; text-align: left;"><span style="color: #cccccc; font-size: small;">From the Mail Online </span></span></h2><span style="font-family: Arial, Helvetica, sans-serif; font-size: 10px; text-align: left;"><br />
</span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-88156998563211695302012-04-18T10:32:00.000+01:002012-04-18T10:32:06.295+01:00£14,000 of debt considered 'normal'<div class="storyHead" style="background-color: white; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h1 style="color: #1e1e1e; font-weight: normal; line-height: 1.16em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 8px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #404040; line-height: 1.2em;"><span style="font-size: small;">Despite the worsening economy, consumers still comfortable with large debts and most only consider themselves in serious financial difficulties once they owe more than £14,416.</span></span></h1><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 405px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #282828; font-size: xx-small;"><span style="border-color: initial; border-image: initial; border-style: initial;"><img alt="man holding bills in his hand" height="388" src="http://i.telegraph.co.uk/multimedia/archive/01770/bills_1770139b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /></span></span><div class="artImageExtras" style="font-family: arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="ingCaptionCredit" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 2px;"><br />
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</span></span></div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><div id="mainBodyArea"><div class="firstPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">However consumer attitudes to personal debt are changing. This annual "financial safety net" report shows that there is an increased awareness about the difficulty of servicing such debt, should personal circumstances change.</div></div><div class="secondPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The report, by the insurance company Bright Grey, found that 12 months ago people were more "debt tolerant" and did not consider themselves in serious financial difficulty until they owed almost £16,000.</div></div><div class="thirdPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The survey also found that people were becoming increasingly concerned about rising unemployment. Two in five (40pc) said that factor most likely to affect their standard of living would be losing their job. The next biggest threat to living standards was serious illness – cited by 39pc of respondents. Surprisingly people said rising inflation would have a more drastic affect on their living standards than rising interest rates.</div></div><div class="fourthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Roger Edwards, proposition director at Bright Grey: "Over the past 12 months, Britons are sitting up and taking greater notice of the wider economic environment. People are more wary about getting themselves into serious levels of personal debt, but over £14,000 is still clearly a cause for concern.</div></div><div class="fifthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">As a result, Britons need to keep control of their finances and have contingency plans in place to be able to continue to pay for their essential monthly outgoings."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><b style="background-color: white; color: blue; font-size: x-large;">Fact</b><span style="background-color: white; color: blue; font-size: medium;"> </span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="font-size: 11px;"><br />
</span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="color: #333333; line-height: 18px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="font-size: x-small;"><b>" </b></span><a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;"><span style="color: #336699;">Heart Finance</span></a>, through the debt advisor, are dedicated to offering you sensible advice on debt issues and advising you of the most appropriate solution which will help bring relief from debt.</span></i></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;">According to a survey, not many people are familiar with <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a> Plan, </span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;">A <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a>Plan (DMP) through<a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;">Heart finance</a> is an informal agreement between you and your creditors that enables you to restructure your debt in a way you can realistically afford to repay.</span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #333333; font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="line-height: 16px;"><i><br />
</i></span></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>Are you struggling with Debts ? Getting FREE from your </b></span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>debts is easier than you think! </b></span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px;"><ul class="list" style="border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; border-top-width: 0px; line-height: 1.4; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 12px; padding-left: 12px; padding-right: 0px; padding-top: 6px; vertical-align: baseline;"><li style="background-clip: initial; background-origin: initial; border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 10px; margin-left: -10px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">f you want FREEDOM from DEBTS you can :</span></i></span></li>
</ul></div><span class="Apple-style-span" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><ul style="line-height: 1.4; list-style-image: initial; list-style-position: initial; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 2.5em; padding-right: 2.5em; padding-top: 0px;"><li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Repay your debts without the need for a loan</span></i><span style="font-family: 'Times New Roman', serif; font-size: 12pt;"></span></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><u><span style="font-size: 12pt;">Freeze interest and charges</span></u></i><i><span style="font-size: 12pt;"></span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Let our advisor deal with your creditors on your behalf</span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Have one monthly repayment - tailored to you</span></i></div></li>
</ul></span></i></span><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div></div><div class="body" style="font-size: 10px;"><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">But despite increased concerns about maintaining living standards, most consumers take not steps to protect their income, via various insurance products. While life insurance remains commonplace, few people have either income protection or a critical illness plan in place. The former protects a proportion of your income if you are made redundant or are signed off work sick, while the later provides a lump-sum payment – usually to pay off a mortgage – if you are diagnosed with a serious life-threatening illness, such as cancer or heart disease.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The main reason cited for not having a protection product was the cost; 46% of people suggested that protection products were too expensive compared to 39pc last year. One in five people (19pc) said the products were unnecessary as they could rely on savings, while over one in ten (11pc) said they would prefer to spend the money on other things.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Mr Edwards added: "People are becoming increasingly aware of the impact of high debt yet are still failing take out adequate protection. Britons need to make financial provisions for their future and not live under the hope that state benefits or bail outs from family and friends will allow them to maintain their standard of living. Protection products are cheaper than ever and it is crucial that people recognise the significance of putting an appropriate financial safety net in place."</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #cccccc;">From The Telegraph</span></div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-78268366193867896802012-04-14T10:05:00.000+01:002012-04-14T10:05:49.733+01:00Mortgage demand tumbles as lenders' funding costs rise<div class="storyHead" style="background-color: white; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h2 style="color: #404040; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Mortgage approvals fall to their lowest level since December 2010 has lenders tightened criteria again.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 405px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #282828; font-size: xx-small;"><span style="border-color: initial; border-image: initial; border-style: initial;"><img alt="Key resting on mortgage agreement" height="388" src="http://i.telegraph.co.uk/multimedia/archive/01949/PF-mortgage-key_1949243b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /></span></span><div class="artImageExtras" style="font-family: arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="ingCaptionCredit" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 2px;"><br />
<span style="color: #404040;"><span style="font-size: 11px; line-height: 15px;"><br />
</span></span></div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><div id="mainBodyArea"><div class="firstPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Mortgage approvals for home purchases fell sharply to 43,450 in March, their lowest level since December 2010, according to the latest Mortgage Monitor from e. surv chartered surveyors,</div></div><div class="secondPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">It blamed the fall on increasing funding costs which has forced banks to reduce lending to borrowers with small deposits.</div></div><div class="thirdPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">There were 7pc fewer purchase approvals than in March last year: the first year-on-year fall since May 2011. The drop also represents an 11pc fall on the number of approvals in February.</div></div><div class="fourthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">It is the second successive month in which approvals have fallen, suggesting the market is beginning to regress after a period of growth.</div></div><div class="fifthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The fall was driven largely by a sharp drop in lending to first time buyers. Loans for purchase of the cheapest property – typical first time buyer homes – fell 14pc in March to their lowest level for 15 months.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="font-size: xx-small;"><span class="Apple-style-span" style="color: blue;"><b>FACT</b></span> </span></span></span></div><div style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 11px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i>Heart Finance</i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">standards of service</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We recognise that both we and our customers have everything to gain if we look after your best interests and treat you fairly in all aspects of our dealings with you</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 15px; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;">mortgage</a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: small;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></div><br class="Apple-interchange-newline" /><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div></div><div class="body" style="font-size: 10px;"><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">There were only 10,428 loans approvals on property worth up to £125,000 in March, down from 12,247 in February.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">First time buyers were the hardest hit as banks reduced the availability of high loan-to-value mortgages in response to increasing funding costs and tightening credit conditions.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Tighter criteria on high-loan-value mortgages meant lending to borrowers with a deposit of 15pc or under accounted for only 10pc all loans in March – well down on the three month average of 13pc – and falling from 12pc in February.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Richard Sexton, director of e. surv, said, “Up until now high-street mortgage lenders have been able to absorb steadily increasing costs, rather than passing them onto the consumer.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"The tactic boosted activity during last autumn and early part of this year, albeit artificially, and veiled a multitude of underlying weaknesses in the market. Now that the banks can no longer afford to take on extra costs, those weaknesses are beginning to come to bear once again.”</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #cccccc;">by the Telegraph</span></div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-91766518489994563272012-03-06T12:05:00.000+00:002012-03-06T12:05:08.097+00:00Italians elbow Russians aside as biggest buyers of top London homes<div class="storyHead" style="background-color: white; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h1 style="color: #1e1e1e; font-weight: normal; line-height: 1.16em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 8px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: small;"><br />
</span></h1><h2 style="color: #404040; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Italians have overtaken the Russians as the biggest group of foreign owners buying prime London property.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 420px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #282828; font-size: xx-small;"><span style="border-color: initial; border-image: initial; border-style: initial;"><img alt="Italy fan - Italy v Paraguay: World Cup Group F match - in pictures" height="388" src="http://i.telegraph.co.uk/multimedia/archive/01657/italy_epa_1657734b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /></span></span><div class="artImageExtras" style="font-family: arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="ingCaptionCredit" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 2px;"><span style="color: #404040;"><span style="font-size: 11px; line-height: 15px;"><br />
</span></span></div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><span style="color: #282828; font-size: xx-small;"><div class="cl" style="clear: both; display: table;"></div></span><div class="bylineComments" style="border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; margin-bottom: 0px; padding-bottom: 5px;"><br />
<span style="color: #3f3f3f; font-size: x-small;"><span style="line-height: 18px;"><b><br />
</b></span></span></div><div id="mainBodyArea" style="color: #282828; font-size: 10px;"><div class="firstPar"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">According to research by Knight Frank, the property company, 7.3pc of all London purchases in the first two months of this year were made by Italians, up from 2.1pc in the same period last year. Russians made 7.2pc of purchases in the prime London index, which covers homes worth £3.7m on average.</div></div><div class="secondPar"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Experts said the change represented a flight to London by overseas investors who want to preserve their wealth in the face of political and economic upheaval in the eurozone. Around 3pc of purchases in these two months were by Greeks, pushing Greece - at the centre of the eurozone crisis - into the top five nations buying London luxury homes.</div></div><div class="thirdPar"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The index covers the 13 most expensive areas of central London, including Belgravia, Chelsea, Knightsbridge, Mayfair, Notting Hill and St John's Wood. It found that the average price of luxury residential properties in these locations rose by 0.7pc in February.</div></div><div class="fourthPar"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Liam Bailey, Knight Frank's head of residential research, said he believed that prices would continue to rise in the coming months. "To recap on the current position, prices are now 8.9pc above their previous peak of March 2008 and have risen at a rate almost double that seen in previous upturns. This has been a very strong upturn.</div></div><div class="fifthPar"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"The rationale for the revival has been well rehearsed: weak pound, plus capital flight, plus rising global wealth, minus thin supply, equals rampant price inflation.</div></div><div class="body"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"There is much truth in the above formula, and a careful examination of transactional market data confirms that the process seems set to deliver further growth, at least in the short term."</div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-87442844807033579042012-03-06T12:03:00.000+00:002012-03-06T12:03:47.302+00:00Lending rates hit all time highs<div class="storyHead" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h1 style="color: #1e1e1e; font-size: 2.4em; font-weight: normal; line-height: 1.16em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 8px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</h1><h2 style="color: #404040; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Banks are squeezing households by record amounts with high interest rates on overdrafts, mortgages and credit cards, despite the Bank of England base rate being at an all-time low.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 420px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><img alt="Lending rates hit all time highs" height="388" src="http://i.telegraph.co.uk/multimedia/archive/02159/house_2159105b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /><div class="artImageExtras" style="font-family: arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="ingCaptionCredit" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 2px;"><span class="caption" style="color: #404040; font-size: 1.1em; line-height: 1.38em; margin-bottom: 0px; margin-left: 0px; margin-right: 5px; margin-top: 0px;">Figures from the Bank of England (BoE) show that the gap between the interest being charged on the average mortgage and the central bank’s base rate of 0.5 per cent are the highest since records began in January 1995</span> </div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><span style="color: #282828; font-size: xx-small;"><div class="cl" style="clear: both; display: table;"></div></span><div class="bylineComments" style="border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; margin-bottom: 0px; padding-bottom: 5px;"><br />
<span style="color: #3f3f3f; font-size: x-small;"><span style="line-height: 19px;"><b><br />
</b></span></span></div><div id="mainBodyArea"><div class="firstPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Figures from the Bank of England (BoE) show that the gap between the interest being charged on the average mortgage and the central bank’s base rate of 0.5 per cent are the highest since records began in January 1995.</div></div><div class="secondPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The average lending rate on overdrafts is 19.5 per cent, also the highest since comparable records started.</div></div><div class="thirdPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Credit card holders are also being hit. The average interest rate being charged on credit cards is 17.3 per cent, the highest for 11 years, the BoE said.</div></div><div class="fourthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Experts accused banks of profiteering at a time when lending rates should be low. The BoE’s base rate has been at its current low rate for three years.</div></div><div class="fifthPar" style="color: #282828;"><div style="font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Lord McFall of Alcluith, the former chairman of the Treasury Select Committee, said that the public are losing trust in the banking sector.</span></div><div style="font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="font-size: xx-small;"><span class="Apple-style-span" style="color: blue;"><b><br />
</b></span></span></span></span></div><div style="font-family: georgia, 'times new roman', times, serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="color: blue;"><b><span style="font-size: large;">FACT</span></b></span><span style="font-size: xx-small;"> </span></span></div><div style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 11px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i>Heart Finance</i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">standards of service</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We recognise that both we and our customers have everything to gain if we look after your best interests and treat you fairly in all aspects of our dealings with you</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0.0001pt; text-align: center;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;">mortgage</a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: large;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></div><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div></div><div class="body"><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">“This inverse relationship between low interest rates and increasing charges by the financial community makes the public feel at a loss in terms of getting a fair deal,” he said.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">The BoE’s figures show that the average interest rate on a Standard Variable Rate (SVR)<a href="http://www.heartfinance.co.uk/index_morgages.html"> mortgage</a> was 4.16 per cent in January. The difference between that figure and the base rate is 3.66 per cent. This gap has not been higher in 17 years.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Mortgage levels are set to rise even further.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Halifax, the UK’s largest mortgage lender, said over the weekend that it will raise its SVR from 3.5 per cent to 3.99 per cent in May, affecting an estimated 850,000 borrowers.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">The increase means someone with a £150,000 mortgage, repayable over 25 years, will pay £39.99 more each month.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Royal Bank of Scotland also increased its rates.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">The record lending rates come as savers receive next to nothing on their bank deposits. According to the BoE, the average interest rate on a deposit account in January was just 0.2 per cent, the lowest since the spring of 2010.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Indebtedness in increasing across the UK.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Figures released yesterday from Credit Action showed that the average household debt in the UK, excluding mortgages, was £7,975 in January, up from £7,951 the previous month.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Including <a href="http://www.heartfinance.co.uk/index_morgages.html">mortgages</a>, the average household debt was £55,988, an increase of around £150 on the previous month.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">In total, the average British adult owes banks and other lenders the equivalent of 122 per cent of average yearly earnings.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">Research released last week from The Co-operative Bank found that over two-thirds of UK adults have admitted to having debt problems. However those in debt do not believe that they have money worries until they have accumulated an average of £1,247 of debt in overdrafts, credit card bills or other types of loan.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: x-small;">The BBA, which represents British banks, said that increased gap between the base rate and rates that banks charge borrowers does not mean that their profit margins are increasing. It said that the cost at which banks raise funding has increased since the credit crisis.</span></div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #cccccc; font-size: xx-small;">From the Telegraph</span></div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-55138082854741778772012-02-16T10:16:00.000+00:002012-02-16T10:16:10.376+00:00Three of four families are financially "on the edge"<div class="storyHead" style="background-color: white; font-family: georgia, 'times new roman', times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h2 style="color: #404040; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The survey of more than 2,000 mothers found that one in five was regularly missing meals so her children could eat.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 405px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #282828; font-size: xx-small;"><span style="border-color: initial; border-image: initial; border-style: initial;"><img alt="A broken union jack piggy bank" height="388" src="http://i.telegraph.co.uk/multimedia/archive/01923/savings_pa_1923246b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /></span></span><div class="artImageExtras" style="font-family: arial; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="ingCaptionCredit" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 2px;"><br />
</div></div></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><div id="mainBodyArea"><span style="color: #404040; font-family: arial;"><span style="font-size: 11px; line-height: 15px;"><br />
</span></span><div class="body" style="color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Almost two-thirds (64pc) have less money coming in than this time last year, and 61pc are short of money every week.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Almost a third (30pc) have borrowed money from friends and family, a quarter (24pc) are living on credit cards and one in 20 has taken out a bank loan to fund everyday living.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Netmums founder Sally Russell said: "It's shocking that seven in 10 families in the UK today are living on the edge of existence - but it's a crisis that needs exposing.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Mums shouldn't be missing meals to feed their children or turning to loan sharks in modern Britain.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Family finances are so strained that any more pressure will turn this personal crisis into a catastrophe for the nation."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">A spokeswoman for the Department for Work and Pensions said: "Our welfare reforms will have a dynamic impact on some of the poorest families and will lift over one million people out of poverty. We continue to support low income families and put £6.5 billion a year into financial support for lone parents, but we know that debt remains a real driver of poverty.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="color: blue; font-size: x-small;"><b>Fact </b></span></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><br />
</div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="color: #262626; font-size: 13px; line-height: 16px; text-align: -webkit-auto;"><span style="font-family: Georgia, 'Times New Roman', serif;"><b>If you are looking to earn some extra cash, don’t assume<br />
the whole of British business is struggling.</b></span></span></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><br />
</div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i style="background-color: white; color: #333333; font-size: 14px; line-height: 1; text-align: center;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;">Heart Finance</a> are now recruiting agents throughout the United Kingdom </i><i style="background-color: white; color: #333333; font-size: 14px; line-height: 1; text-align: center;">to promote our business.</i></div><div class="relatedItems" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-size: 12px; line-height: 1.5; margin-bottom: 14px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"><i>Did you know? - Every day more and more people are starting their own home based businesses to achieve flexible working hours, independence and more family time. Whatever the reason, we are sure you will agree that the <a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;">Heart Finance</a> agent opportunity is an exciting opportunity for you to work from home and build your business. You can achieve a level of success with all the backing of a franchise, only without the massive investment.</i></div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-size: 12px; line-height: 1.5; margin-bottom: 14px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"><i><a href="http://www.heartfinance.co.uk/agent_brochure.pdf" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #3b60ff; font-family: inherit; line-height: 1; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" title="Agent Brochure PDF">Click here to Download our agent brochure</a> and find out more.</i></div></div><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b><br />
</b></div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"This is why we need credit unions to be supported and strengthened to ensure that illegal loan sharks can't plague the homes of vulnerable people and offer a real alternative to doorstep and payday lenders. We are working on the best ways to help credit unions expand and modernise so that more families can have access to affordable credit."</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b><br />
</b></div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><b>If you are struggling with Debts ... </b> </div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="color: #333333; line-height: 18px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="font-size: small;"><b>" </b></span><a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;"><span style="color: #336699;">Heart Finance</span></a>, through the debt advisor, are dedicated to offering you sensible advice on debt issues and advising you of the most appropriate solution which will help bring relief from debt.</span></i></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;">According to a survey, not many people are familiar with <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a> Plan, </span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;">A <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a>Plan (DMP) through<a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;">Heart finance</a> is an informal agreement between you and your creditors that enables you to restructure your debt in a way you can realistically afford to repay.</span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #333333; font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="line-height: 16px;"><i><br />
</i></span></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>Are you struggling with Debts ? Getting FREE from your </b></span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>debts is easier than you think! </b></span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div class="thinCenter" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px;"><ul class="list" style="border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 12px; padding-left: 12px; padding-right: 0px; padding-top: 6px; vertical-align: baseline;"><li style="background-clip: initial; background-origin: initial; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-width: initial; margin-bottom: 10px; margin-left: -10px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">f you want FREEDOM from DEBTS you can :</span></i></span></li>
</ul></div><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><ul style="line-height: 1.4; list-style-image: initial; list-style-position: initial; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 2.5em; padding-right: 2.5em; padding-top: 0px;"><li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Repay your debts without the need for a loan</span></i><span style="font-family: 'Times New Roman', serif; font-size: 12pt;"></span></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><u><span style="font-size: 12pt;">Freeze interest and charges</span></u></i><i><span style="font-size: 12pt;"></span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Let our advisor deal with your creditors on your behalf</span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Have one monthly repayment - tailored to you</span></i></div></li>
</ul></span></i></span></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-31109602817777880592012-02-07T11:51:00.000+00:002012-02-07T11:51:28.860+00:00Fallen for your first property? Seal the deal by Valentine's Day!<div class="storyHead" style="background-color: white; color: #282828; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><h2 style="color: #404040; font-family: georgia, 'times new roman', times, serif; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">First-time buyers who want to benefit from the current stamp duty holiday will have to find their new love nest by Valentine's Day, a property firm has calculated.</h2><div class="artIntro" style="border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; padding-top: 3px;"><div id="storyEmbSlide" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="slideshow ssIntro" style="margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="nextPrevLayer" style="height: 405px; overflow-x: hidden; overflow-y: hidden; position: relative;"><div class="ssImg" style="padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: georgia, 'times new roman', times, serif;"><span style="border-color: initial; border-image: initial; border-style: initial;"><img alt="Couple looking in estate agent's window - Fallen for your first property? Seal the deal by Valentines Day" height="388" src="http://i.telegraph.co.uk/multimedia/archive/01565/estateagents_1565518b.jpg" style="border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; display: block;" width="620" /></span></span></div></div></div></div></div></div><div class="oneHalf gutter" style="background-color: white; float: left; margin-bottom: 0px; margin-left: 0px; margin-right: 20px; margin-top: 0px; width: 460px;"><div class="story" style="border-bottom-color: initial; border-bottom-style: initial; border-bottom-width: 0px; border-top-color: rgb(102, 102, 102); border-top-style: solid; border-top-width: 2px; margin-bottom: 5px; padding-bottom: 5px; padding-top: 3px;"><div class="bylineComments" style="border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; margin-bottom: 0px; padding-bottom: 5px;"><span style="color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: xx-small;"><div class="cl" style="clear: both; display: table;"></div></span></div><div id="mainBodyArea" style="font-family: georgia, 'times new roman', times, serif;"><div class="firstPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">First-time buyers who want to benefit from the current stamp duty holiday will have to find their new love nest by Valentine's Day, a property firm has calculated.</div></div><div class="secondPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The current first-time buyer exemption from the 1pc tax for properties under £250,000 runs out on March 24. However, property group Move With Us calculates that it takes 39 days on average between an offer being accepted and the transaction being completed, meaning that February 14 is the last possible date for home owners to put an offer in.</div></div><div class="thirdPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"Although the Government is ending the stamp duty relief exemption because it says it has not been popular, if you are a first-time buyer and looking to buy soon then you would be a fool not to try and take advantage of it before it ends," said Robin King, director of Move With Us.</div></div><div class="fourthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"While we are is keen to stress that whilst these are average figures, aspiring home owners who want to qualify need to get a move on to find their dream home, as well as having the necessary documentation ready to speed up the purchase."</div></div><div class="fifthPar" style="color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Stamp duty on a house worth £200,000 is £2,000, so the exemption represents a significant saving. To be eligible, both members of a couple have to be first-time buyers.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-size: 1.2em;"><span class="Apple-style-span" style="color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; line-height: 20px;"><span class="Apple-style-span" style="font-size: x-small;"><span class="Apple-style-span" style="color: blue;"><b>FACT</b></span> </span></span></span></div><div style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 11px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 22pt;">"</span></i><i><span style="font-family: Verdana, sans-serif; font-size: 20pt;"></span></i><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">At </span></i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;"><i><span style="text-decoration: none;">Heart Finance</span></i></a><i> we search the entire market in order to help you find the best deal you possibly can.</i></span><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We are committed to offering our customers the highest possible </span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">standards of service</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 1.2em; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">We recognise that both we and our customers have everything to gain if we look after your best interests and treat you fairly in all aspects of our dealings with you</span></i><span style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: 'Bookman Old Style', serif; font-size: 11.5pt;"><o:p></o:p></span></span></div><div class="MsoNormal" style="color: #636363; font-family: georgia, 'times new roman', times, serif; font-size: 15px; margin-bottom: 0.0001pt;"><span style="font-size: 1.2em;"><i><span style="font-family: 'Bookman Old Style', serif; font-size: 11.5pt;">Only recommend a <a href="http://www.heartfinance.co.uk/index_morgages.html" style="color: #336699; text-decoration: none;"><span style="text-decoration: none;">mortgage</span></a> or financial services product that we consider suitable for you and that you can afford – Our lenders charge the lowest fees of all - and always the most suitable from the available options </span></i></span><span style="font-size: medium;"><i><span style="font-family: 'Bookman Old Style', serif;">"</span></i><i><span style="font-family: 'Bookman Old Style', serif;"> </span></i></span></div><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div></div><div class="body"><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Wendy Evans-Scott, of the National Association of Estate Agents, said that the proportion of first-time buyers had risen slightly late last year, but still represented a low percentage of average sales.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"It is impossible to predict what impact the end of the tax exemption will have on first-time buyers, particularly those on very tight budgets of under £250,000 for whom the 1pc tax could be disastrous," she said. "The Government will need to monitor sales closely and consider other action to support the fragile first time buyer market."</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #cccccc; font-size: xx-small;">From The Telegraph </span></div></div></div></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-51379361591013496182012-02-06T15:03:00.000+00:002012-02-06T15:03:44.014+00:00Average pay rise fails to match inflation<div class="firstPar" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><h2 style="color: #404040; font-family: georgia, 'times new roman', times, serif; font-size: 1.6em; font-weight: normal; line-height: 1.2em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 10px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">UK families to be squeezed further as it is revealed inflation will dwarf average payrise.</h2><br />
<div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><img alt="Woman on computer looking worried" src="http://i.telegraph.co.uk/multimedia/archive/01868/computer_1868694b.jpg" /> </div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The squeeze on cash-strapped households is set to continue this year after businesses said they plan to award average pay rises of just 1.1pc.</div></div><div class="secondPar" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">With business employers only expecting salary increases to rise slightly from last year's 0.9pc hikes, the report by ICAEW/Grant Thornton warned that "with the effects of inflation it will feel like a pay freeze for the majority of employees".</div></div><div class="thirdPar" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The report also found that the private sector will not create jobs quickly enough to stop unemployment rising, although small businesses will be hiring faster than larger companies.</div></div><div class="fourthPar" style="background-color: white; color: #282828; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">It urged Chancellor George Osborne to use next month's Budget to boost business as it predicted the UK will slip back into recession in coming months.</div></div><div class="fifthPar" style="background-color: white; color: #282828; font-size: 10px;"><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Companies' confidence levels remained depressed at a reading of minus 9.3 over the three months to the end of January, having failed to recover significantly following its collapse in the previous three months. It said the measure is a reliable indicator of economic growth, suggesting that GDP will fall by 0.2pc in the first quarter of 2012 – the same amount it contracted in the previous quarter, pushing the UK economy back into an official recession.</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="color: blue; font-size: small;"><b>Fact </b></span></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><br />
</div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="color: #262626; font-size: 13px; line-height: 16px; text-align: -webkit-auto;"><span style="font-family: Georgia, 'Times New Roman', serif;"><b>If you are looking to earn some extra cash, don’t assume <br />
the whole of British business is struggling.</b></span></span></div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><br />
</div><div class="relatedItemsTopBorder" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i style="background-color: white; color: #333333; font-size: 14px; line-height: 1; text-align: center;"><a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;">Heart Finance</a> are now recruiting agents throughout the United Kingdom </i><i style="background-color: white; color: #333333; font-size: 14px; line-height: 1; text-align: center;">to promote our business.</i></div><div class="relatedItems" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 11px; line-height: 15px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-size: 12px; line-height: 1.5; margin-bottom: 14px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"><i>Did you know? - Every day more and more people are starting their own home based businesses to achieve flexible working hours, independence and more family time. Whatever the reason, we are sure you will agree that the <a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;">Heart Finance</a> agent opportunity is an exciting opportunity for you to work from home and build your business. You can achieve a level of success with all the backing of a franchise, only without the massive investment.</i></div><div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #333333; font-size: 12px; line-height: 1.5; margin-bottom: 14px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: center;"><i><a href="http://www.heartfinance.co.uk/agent_brochure.pdf" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; color: #3b60ff; font-family: inherit; line-height: 1; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-decoration: none;" title="Agent Brochure PDF">Click here to Download our agent brochure</a> and find out more.</i></div></div><div style="font-family: georgia, 'times new roman', times, serif;"></div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div></div><div class="body" style="background-color: white; font-family: georgia, 'times new roman', times, serif; font-size: 10px;"><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">The survey found that businesses are reining in on investment amid the gloom and job creation plans remain "subdued".</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">ICAEW chief executive Michael Izza said: "This survey shows that businesses are responding to concerns about the economic outlook by cutting back on investment in equipment and people.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"This is at a time when Government desperately needs businesses to be growing.</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">"At the moment, it is hard to see where this growth will come from and the Chancellor needs to use the forthcoming budget to give businesses reasons to be more confident about the future – and unlock potential investments."</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Shadow business secretary Chuka Umunna said: "Businesses up and down the country are struggling because ministers are cutting spending and raising taxes too far and too fast, choking off growth before the effects of the eurozone crisis were brought to bear on the UK economy."</div><div style="color: #282828; font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="font-family: arial, helvetica, sans-serif; font-size: 1.4em; line-height: 1.48em; padding-bottom: 0.7em; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="color: #cccccc;">From The Telegraph </span></div></div>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0tag:blogger.com,1999:blog-5114484477658363139.post-26271102844890590292012-01-25T11:33:00.000+00:002012-01-25T11:33:25.436+00:00Breaking point: The families and pensioners crippled by soaring debt<div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="clear: left; float: left; font-size: 1.2em; margin-bottom: 1em; margin-right: 1em;"><a href="http://www.thinkmoney.com/images/copyimages/dad-and-son-worried-about-finances.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="254" src="http://www.thinkmoney.com/images/copyimages/dad-and-son-worried-about-finances.jpg" style="background-color: transparent;" width="400" /></a>Soaring average debt is pushing families and pensioners to breaking point as they sink deeper and deeper into the red, two new reports warn today.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">One study found that one in five workers is in debt when they retire, often with a large mortgage and a personal loan. On average they owe £38,200.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Another report showed that the average family’s debts have ballooned by nearly 50 per cent over the last year.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">In January last year, such families had average debts of £5,360. But this has soared to £7,944.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">This does not include mortgage debts, only ‘unsecured’ debts such as an overdraft or a loan. If mortgages were included, the average family’s debt would be £110,000.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">The first study, by insurance giant Prudential, polled more than 1,000 people who plan to retire this year.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">On average, they will be spending £260 a month, a fifth of their monthly pension income of £1,290, just to pay off their debts.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Men’s debts tended to be much larger than women’s, at an average of £45,300 compared to £29,400.</span></div><div class="relatedItemsTopBorder" style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"> </div><div class="relatedItemsTopBorder" style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><b style="background-color: white; color: blue; font-size: x-large; line-height: 20px;">Fact</b><span style="background-color: white; color: blue; font-size: large; line-height: 20px;"> </span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="font-size: 11px;"><br />
</span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span class="Apple-style-span" style="color: #333333; line-height: 18px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="font-size: small;"><b>" </b></span><a href="http://www.heartfinance.co.uk/index.html" style="color: #004c99; text-decoration: none;"><span style="color: #336699;">Heart Finance</span></a>, through the debt advisor, are dedicated to offering you sensible advice on debt issues and advising you of the most appropriate solution which will help bring relief from debt.</span></i></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;">According to a survey, not many people are familiar with <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a> Plan, </span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;">A <a href="http://www.heartfinance.co.uk/debt.html" style="color: #336699; text-decoration: none;">Debt Management</a>Plan (DMP) through<a href="http://www.heartfinance.co.uk/index.html" style="color: #336699; text-decoration: none;">Heart finance</a> is an informal agreement between you and your creditors that enables you to restructure your debt in a way you can realistically afford to repay.</span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="color: #333333; font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="line-height: 16px;"><i><br />
</i></span></span></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>Are you struggling with Debts ? Getting FREE from your </b></span><br />
<span class="Apple-style-span" style="color: #333333; line-height: 16px;"><b>debts is easier than you think! </b></span></span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></i></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div class="thinCenter" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;"><ul class="list" style="border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 12px; padding-left: 12px; padding-right: 0px; padding-top: 6px; vertical-align: baseline;"><li style="background-clip: initial; background-origin: initial; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-width: initial; margin-bottom: 10px; margin-left: -10px; margin-right: 0px; margin-top: 0px; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><span class="Apple-style-span" style="line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">f you want FREEDOM from DEBTS you can :</span></i></span></li>
</ul></div><span class="Apple-style-span" style="background-color: white; color: #636363; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 15px;"><i><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><ul style="line-height: 1.4; list-style-image: initial; list-style-position: initial; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 2.5em; padding-right: 2.5em; padding-top: 0px;"><li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Repay your debts without the need for a loan</span></i><span style="font-family: 'Times New Roman', serif; font-size: 12pt;"></span></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><u><span style="font-size: 12pt;">Freeze interest and charges</span></u></i><i><span style="font-size: 12pt;"></span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Let our advisor deal with your creditors on your behalf</span></i></div></li>
<li style="border-bottom-style: none; border-color: initial; border-image: initial; border-left-style: none; border-right-style: none; border-top-style: none; border-width: initial; margin-bottom: 0.25em; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="MsoNormal" style="background-clip: initial; background-origin: initial; border-bottom-width: 0px; border-left-width: 0px; border-right-width: 0px; line-height: normal; margin-bottom: 7.5pt; margin-left: -15pt; margin-right: 0cm; margin-top: 0cm; outline-width: 0px; padding-bottom: 0px; padding-left: 26px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"><i><span style="font-size: 12pt;">Have one monthly repayment - tailored to you</span></i></div></li>
</ul></span></i></span><div class="relatedItems" style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><h4 style="font-size: 1em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</h4><ul style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></ul></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Vince Smith-Hughes, a retirement income expert at Prudential, said: ‘Retiring with outstanding debts could be a sign of a lack of financial planning.’</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">The second report, from insurance firm Aviva, found many of the 10,000 families polled were meticulously planning their food shops to avoid waste and search out value brands.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">But it also suggested that people ‘prioritise spending on immediate purchases and luxuries’, rather than facing up to the need to protect their families.</span></div><div style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; min-height: 1px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: left;"><span style="font-size: 1.2em;">Around 50 per cent of families have a monthly satellite TV package, but only 40 per cent have life insurance.</span></div><span style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 10px; text-align: left;"><br />
<br />
<span style="color: #999999;">from the Mail online</span><br />
</span>heartfinancehttp://www.blogger.com/profile/02032806158711831899noreply@blogger.com0