Home Insurance: What to Watch for

With the home insurance market becoming increasingly competitive, many companies will seek to draw your custom by advertising ‘the best’ deals. However, there are often hidden extras attached that could leave you under-insured and paying more. Here’s how to avoid being conned when you take out a home insurance policy. Read more

Banks fail to pass on interest rate cuts

Further cuts to UK interest rates will not guarantee cheaper mortgages, brokers have warned. Last month a number of lenders cut their standard variable rates (SVRs), including Abbey, Coventry Building Society and Standard Life. But only one of them Standard Life mirrored the most recent half per cent base rate reduction.

Since UK interest rates were cut to 4.5 per cent in late September, half of all mortgage lenders have resisted passing on any of the reduction in their variable rates. Read more