Leading financial advice experts are claiming that borrowers should take advantage of competitive fixed rate mortgage deals now, as rates are set to rise again over the coming months.
Following a dramatic drop in the UK base rate from 5% to 0.5% over the past year, many variable rate and tracker mortgage holders are enjoying a significant reduction in payments.
New research by Abbey Savings has revealed that people in the UK are not exercising enough financial awareness when it comes to their nest egg, with 2.5 million British couples paying too much tax on their savings.
Nationwide is offering debt help to thousands of Britons through a support programme for vulnerable members of society.
The Nationwide Foundation has made £3.2 million available to help tackle the issues of housing and financial exclusion amongst disadvantaged groups.
Two new grant programmes and an investor scheme will be open to charities that tackle social and financial issues.
Thousands of homes could be in need of debt help as utility prices rise again, according to a leading price comparison website.
Uswitch has revealed that the annual household water bill in the UK will rise by 4.1% in 2009, increasing on average from £330 to £343.
Hundreds of rail workers have been left in need of financial help after railway engineer Jarvis announced it plans to axe 450 jobs.
The York-based company employs around 4,000 staff and carries out major maintenance and improvement projects for Network Rail.
However a reduction in spending by Network Rail has led Jarvis to reveal that it will be streamlining its operation through a redundancy programme.
