The Halifax will make payments to 300,000 of it's mortgage customers, up to a £500m total, after reaching a deal with the Financial Services Authority (FSA). The Halifax bank, now part of Lloyds Banking Group, admitted confusing customers about its right to ch… more »

The cost of fixed rate mortgages has fallen to its lowest level since 1988.According to figures released today, the average cost of a two-year fixed rate mortgage fell by 0.08% to 4.4% in September.Similar falls were recorded in the cost of 3 and 5 year… more »

Post credit crunch UK seems to be indicating that the best deals for mortgages, loans, insurance and credit can be secured by using the services of an independent financial adviser. After what feels like an eternity in recession, lenders are still not… more »