More housing bubble fears as interest only mortgages return

iStock_000018295400_ExtraSmallHousing bubble fears were further increased earlier this week, as two banks have announced the return of interest-only mortgages. The announcements come just a year after the Financial Services Authority (FSA) branded these mortgages a “ticking time bomb,” with many borrowers having no way of repaying the debt at the end of the term. The two banks in question, Clydesdale and Yorkshire, have confirmed they will introduce a new product, which will allow borrowers to repay only interest for the first three years ...

SIPP deposit accounts: New entries, climbers and fallers – September 2012

Unfortunately the downward trend in SIPP deposit account interest rates has continued into September. The introduction of the Funding for Lending Scheme, falling swap rates and the desire of lenders to offer cheaper mortgage deals have all conspired to push interest rates down; our latest blog looks at this in more detail, read it by clicking here. There are however two notable new entries this month, read on to find out who. New entries Need advice on your SIPP?...

SIPPs: Risers, fallers & new entrants, who’s top of the SIPP deposit account pops?

At the risk of sounding like Tony Blackburn we thought we'd take a look at the risers, fallers, and the new entrants in the SIPP deposit account market this month. Who is 'Top of the Pops' this month? On the way up Not many rates on the way up this month, with the main exception being Cater Allen who have increased the interest rates on some of their short term fixed rates significantly. Need advice on your SIPP?...