YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Abacus Financial Ltd is authorised and regulated by the Financial Services Authority and is entered on the FSA register under reference 461796. We charge a fee for mortgage advice and this is £99. Loans are subject to status, value and type of property. Think carefully before securing other debts against your home. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The FSA does not regulate all forms of the products or services we provide. Sometimes we may pass your enquiry to our trading style of Abacus Associates. These pages provide generic information about various aspects of financial services advice that we provide either directly or as a referral service through carefully selected partners, as well as possible areas of clients’ financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Abacus Financial Ltd is registered in England, Registered number 5301473, Registered Address: 4 Thomas More Square, London E1W 1YW. VAT Registration Number 977 2291 81
News
Base rate held at 0.5% | 6/08/2010
The MPC first dropped the rate to 0.5% in March 2009, where it has remained since. MPC member Andrew Sentance has voted for a rate rise for the past two months and is likely to have maintained that view this month. Most in the mortgage industry are relieved to see… read more
Lenders restrict cheap mortgage deals | 15/07/2010
Data from personal finance information service Moneyfacts showed by the end of last week that 50.9% of all mortgages were only available direct from a lender. Some 34.1% were accessible exclusively via brokers, while 15% were available via both channels. In April 2007, 22% of deals were available direct-only, 25.8%… read more
Borrowers braced for rise in interest rates | 30/06/2010
Growing numbers of mortgage lenders have cut their rates and relaxed their lending criteria in recent days. But while this is welcome news for borrowers, changes announced in last week's Budget could worry those vulnerable to rising interest rates. It was revealed last week that one of the eight members… read more
Budget Summary | 24/06/2010
Here are the key points of Chancellor George Osborne's first Budget, delivered on 22 June, 2010: TAX VAT: Rate will rise from 17.5% to 20% from January 4, 2011. Personal income tax allowance: To be increased by £1,000 in April to £7,475 - worth £170 a year to basic rate… read more
House Prices Up 10% | 15/06/2010
The latest index produced by Communities and Local Government show that average house prices rose by 10.1% in the year to April 2010. The latest statistics include data based on mortgage completions during the month of April 2010 and shows that house prices rose over the year to April, up… read more