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Keep ahead of the game with the latest news and interest rate changes from money-news.co.uk
Motorists waste £9.4bn by sticking and not shopping around
Motorists are set to waste £141 each or £9.4bn collectively by sticking with their existing insurer and not shopping around for car insurance.
The GMAC-RFC mortgage lender has been fined £2.8m by the Financial Services Authority (FSA) for mistreating customers who fell into arrears.
The pound fell to a six-month low against the euro today after inflation fell by more than expected to 1.1 per cent in September.
How easy is it to obtain a buy-to-let mortgage?
According to research professional landlords are reporting that buy-to-let mortgages are becoming difficult to obtain.
The total amount of personal debt in the UK has fallen for the first time since records began in 1993, say the Bank of England.
Car insurance premiums are rising
Car insurance premiums are rising at a faster rate than at any time since the start of the decade.
Nationwide Building Society has introduced a mortgage allowing borrowers to take loans worth 125% of the value of the home they are buying.