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Latest News

  • TML Administration

    December 2007 – TML Administration The Mortgage Lender TML confirmed yesterday that it has gone into administration as a direct result of the ‘liquidity crisis’. Some fear this is to be the result of private equity investors withdrawing … Read More...

  • Blow for homeowners as rate cuts are abolished

    Blow for homeowners as rate cuts are abolished – May 2008 Further rate cuts for home-owners appear unlikely for 2008 as those in charge struggle to control runaway inflation. (The Bank of England signalled this on the 14th … Read More...

  • Credit Crunch on Middle Class Home Owners

    Credit Crunch on Middle Class Home-owners – May 08 Ever increasing numbers of middle-class home-owners are being pushed into crippling debt and despair as a direct effect of the credit crunch. White collar workers, rather than benefit claimants … Read More...

  • Manipulation of Interest Rates December 2006

    Manipulation of Interest Rates Banks and Building societies are apparently taking a leaf out of the ever successful supermarkets, in an attempt to maximise their profit margins in this competitive mortgage market; by adding 0.99% to their mortgage … Read More...

  • Towergate buys British Insurance – Gets Sold to Towergate

    Insurance News 2008 Jan – 08 Towergate buys Britishinsurance.com Britishinsurance.com that was owned and managed by Simon Burgess has been bought by Towergate for an undisclosed sum of capital. Britishinsurance.com managing director Simon Burgess says Towergate was the … Read More...

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