Linsey Summers's Articles in Insurance Display Category|Title|Newest|Oldest The Mortgage Crisis Large banks in Britain such as HSBC, Barclays and Nat West approved less mortgages in May since the same time in 1997. The cause of this is reluctant buyers, high asking prices and increasing household outgoings. The British Bankers Association said that banks approved 27,986 mortgages in May which was down from the 34,752 in April. This is a 56.1% decline from this time last year. This decrease represents the state of the British housing market and the current economic climate. Tesco To Offer Conveyancing Service Good mortgage deals are becoming harder and harder to come by with more and more lenders upping their fixed rates. The interest rates on fixed rate mortgages have now reached a ten year high and some experts believe they are going to continue to rise even further. Even if customers are able to find a deal they are happy with, whether or they will meet the banks eligibility criteria and secure the loan is a different matter. No Win No Fee No Fuss There are countless adverts for No Win No Fee compensation on television, on the radio, in magazines and on billboards across the UK but is it really that simple? Insurance Premiums Not Affected By Rise In Personal Injury Claims Those paying monthly insurance premiums should not be affected by an increase in claims revealed an industry expert. Colin Ettinger, president of the Association of Personal Injury Lawyers, said: “Whenever there has been an investigation into whether or not increases in insurance premiums have been down to rises in the number of claims the answer has always been no.” Credit Is Harder To Get Borrowers wishing to take out personal loans will find that some major lenders have withdrawn some of their loan facilities. Unsecured personal loans were withdrawn last year by GE money, Leeds Building Society and Eskimo Loans - who are funded by Northern Rock. Moneyfacts puts the withdrawal of unsecured loans by providers at 10% last November. Charity Slams Sub-Prime Mortgage Market A leading charity has criticized lenders who supply secured loans to people with low credit ratings. A Citizens Advice Bureaux report said irresponsible lending decisions and aggressive arrears management by sub-prime lenders were driving the current increase in mortgage arrears, court action and repossessions. Car Design Can Worsen Whiplash Drivers have been warned to take as much care about their headrest positions as they do about wearing their seatbelt by car industry experts. This is in response to research carried out by Thatcham which looked at car design and whiplash injury. They also report that last year saw the biggest improvement in car design with 80% of seats made in Europe getting a ‘good’ or ‘acceptable’ scoring. No Win No Fee – A Help Or A Hindrance? Bank customers getting assistance from 'no win no fee' lawyers because of overcharging has sparked debates on the necessity of legal help. Reports from banks show a large increase in customers attempting to claim back charges that were made for going overdrawn. However, some firms acting on the customers behalf have been taking up to 25% of reclaimed money. Investment-Type Insurance Pays Out Norwich Union customers last month found out that they would receive a slice of a £2.3 billion bonus as part of their with-profits life insurance policy. The insurer revealed that 1.1 million of its customers would receive £1,900 and share holders will get a share of £230 million. The bonuses will be paid in three blocks. Uncertainty Over 25 Year Fixed-Term Mortgages Homeowners should benefit from longer fixed-term mortgage deals revealed the Treasury recently. The government believes that this will help those on lower incomes to buy their own homes. At present, mform.co.uk revealed that only six companies give fixed deals lasting 25 years: Nationwide, Scarborough, Norwich and Peterborough, Kent Reliance, Co-operative Bank and Cheshire and Manchester building societies. Northern Rock offers a 15 year fixed term deal. UK Compensation Claim Rates Rival America's Compensation claims have risen in the last eight years to a level comparable to America. Research by the Centre for Policy Studies revealed that in America one in six sufferers of personal injury will make a claim. In the United Kingdom the figure is one in seven. Til Death Us Do Part? The Growing Market Of Buying Life Insurance An American couple that were duped into allowing an insurance agent to look at their medical files has sparked debate in the life insurance industry. The Need For Care When Transferring Credit Card Balances Customers should be careful when transferring credit balances from one card to another to avoid high interest charges industry experts reveal. Robert Kenley, head of cards at Moneysupermarket.com, said: “One thing people should do its work out what they are trying to do with a credit card.” Shopping Around Or Moving On With Your Car Insurance? Keeping their present customers rather than attracting new ones is the modern method of car insurance providers according to industry experts. However, staying with the same company may find it will not benefit them in the future if they do want to change provider. New Homes May Be Uninsurable House buyers may find that their new home is uninsurable due to poor planning reveal industry experts. The Association of British Insurers (ABI) has warned that home insurance may increase if the government plan to build millions of new homes on floodplains goes ahead. Is Your Car Insurance Payout Right-On Or Write-Off? Customers of some insurers, who have had their cars written-off, report they have got less money than they expected. 'Crash For Cash' Adds 5% To Insurance Premiums Fake insurance claims amount to £1.6 billion pound per year and increase premiums by £40 for each customer reveal industry experts.

Login Email: Password: Forgot Password? | Register Authors Submit Articles Terms and Conditions Publishers & Readers Top Authors Ezine Notifications Article RSS Feeds Publishing Guidelines Site About Us Contact Us Link to Us Terms of Service Privacy Policy Partners Article feeds Article Directory

© 2006, 2007, 2008 www.ArticleCat.com, All rights reserved.
by using this web site you agree to our Terms and Conditions