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Read up on all of the latest news, events and statistics concerning homeowner loans from both Gallery Finance and the financial sector.

FSA Empowered by New Enforcement Powers

The Financial Services Act 2010 has opened the door to the FSA to implement new enforcement rules that allow the regulator to suspend or restrict authorised

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PTFS Severs Ties with Moneysupermarket.com

Moneysupermarket.com, owned by Paaleads, has been removed from the lead generation panel of Personal Touch Financial Services (PTFS). The removal comes in th

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Tenet Considers Lead Deal Following PR Blunder

Tenet has today stated that it is reviewing its relationship with PAA leads following parent company moneysupermarket.com’s negative press release conc

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Coventry Puts an End to Interest-Only for First-Time Buyers

Coventry Building Society has followed the trend set by other lenders and made changes to its interest-only policy, including the decision to no longer allow

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Mattioli Woods Picks Up Lighthouse for £1.85m

Pension administration business, City Pensions/City Trustees, owned by Lighthouse has been bought by Mattioli Woods for £1.85m.City Pension

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Loan Repossessions Unexpectedly Half in Number

The unpredictability of the recent recession and credit crunch continues to linger on, as quite astonishingly, the number of repossessions on loan defaults h

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Homeowners Willing to Pay 3.3% on Fixed Rates

Research from unbiased.com has today revealed that the average rate that homeowners would be prepared to fix at is now down to 3.3%, dropping from 4% in Janu

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"Offering loans of £5,000 to £100,000, our typical APR is 15.9%. Rates may vary from 7.9% to 29.9% subject to status."

"Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it."
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