Cash ISA – Loyalty Reward ISA

Nowadays when the situation on the market is not the best one and lots of people suffer from unemployment, it is wise to save money regularly. Cash ISA will help you to make the most of your money and save on tax.

You may argue that how can you save money when you can just hardly make both ends meet. However, the ISA account can be opened with as little as £1. Ensure better future now!

Main Features

• 3.05% AER / 3.01% tax free pa (variable)
• Guaranteed to track at 2.51% above the base rate for 12 months and then continue to track at 1.51% above the base rate until March 2014
• 12 month fixed bonus of 1.00% tax free pa
• Instant access to your cash
• Earn interest on your savings tax free
• Save up to £ 5,340 in the 2011/2012 tax year

Moreover, account can be included within an offset mortgage agreement if you have a Woolwich offset mortgage.

Please note that transfer from another ISA account is not allowed.

ISA Guide

In order to learn how to pay less tax on your savings study the ISA Guide. In the short videos you will learn not only how it all works but also five ways how to maximise your cash ISA and much more. The guides are designed in a way that will help you to understand the ISA accounts and make the most of your money.

Read full article at http://portal-loans.co.uk/cash-isa-loyalty-reward-isa/

Halifax Student Current Account – part 2

Last time we brought you an article about benefits of a Halifax Student Credit Card. In this issue you will learn how to make the most of your money thanks to the Halifax Student Current Account. Enjoy your studies to the full!

Halifax Student Credit Card together with Halifax Student Current Account will help you to be in control of your finances during your studies.

Account features

• 24/7 online and telephone banking
• Visa debit card
• Commission free foreign currency and traveller’s cheques
• Interest-free overdraft – 0% EAR variable for the length of your course

EAR stands for Effective Annual Rate. It is the actual annual interest rate of an overdraft. It doesn’t take into account fees and charges.

Besides, the interest free overdraft for the length of you course means for up to five years and one extra year after you graduate.

Read more at http://portal-loans.co.uk/halifax-student-current-account-part-2/

Halifax Student Credit Card - part 1

th Halifax Student Credit Card you can enjoy various benefits as well as build your credit history for the future. Learn how to be in control of your finances, it has never been easier.

Moreover, if you are a student, you can also enjoy benefits of Halifax interest-free student overdraft account. The Student Current Account´s benefits will be described in one of the subsequent articles.

Main features of Student Credit Card:

• An adjustable credit limit
• Free text alerts
• Choose the exclusive student designed card or one of 5 other colours
• No annual fee
• Cover against online fraud when purchasing goods on the Internet
• Accepted wherever you see the MasterCard sign

On top of that, no interest will be charged on purchases if every statement balance is paid in full by the payment date. However, there is a fee for late payment which is £ 12.

The credit limit can be adjusted according to your wishes and can be anything from £100 to £500. Decide about the amount of credit limit when you activate your card.

Read more at http://portal-loans.co.uk/halifax-student-credit-card/

Professional and Career Development Loan from The Co-operative Bank

Would you like to get a better paid job? Do you need to pay for your school tuition or professional courses in order to enhance your career prospects? If this is your case but you cannot afford it, we have a solution!


Nowadays, when unemployment rate rises, it is very important to invest into your education and professional courses. However, these courses are rather expensive and not many people can afford to pay for them straightaway.


For that reason the Co-operative Bank offers a loan intended for Professional and Career Development. With this loan you can pay for any type of studies including special professional courses.

Advantages

During your studies and for up to one month after you finish studying, you do not have to pay any interest rates. During this time it is paid by the government.


Another advantage is that the repayments are fixed. That means that the amount of repayment will not change during the whole life of your loan.

Characteristics

The main loan characteristics include:

• You can borrow between £300 and £10,000
• Loan period from 1 to 5 years
• Fixed repayments
• No interests paid during your studies or for one month afterwards
• No arrangement fee

Loan calculator

In case that you are not sure how much money you can borrow and for how long you will have to repay. Try out the online loan calculator.


All you have to do is to fill in the amount of money you would like to borrow and number of months. On the basis of this information, the loan calculator will immediately show you a representative example.


The representative example shows you APR, monthly repayments and total payable amount.
Therefore, your decision making should be made much easier. However, if you have any other questions, you can always visit your local branch or call the bank.

Read more at http://portal-loans.co.uk/professional-and-career-development-loan-from-the-co-operative-bank/

Young Savers Account

Nowadays, it is very important to learn how to save money. Majority of people do not need any lessons how to spend money but they need to learn how to save it and how to organize their budget. Learn how!

The sooner you learn how to organize your budget the better. For that reason Lloyds TSB offers Young Saver account for children who are under 16 years of age.

Naturally, the account needs to be opened and managed by a person who is 18 or older on behalf of the child. As soon as the child turns 16 the account will convert into an Easy Saver solely in the child´s name.

Characteristics

• 3.00 % AER from £1
• 0.50% AER on any funds over £20,000
• Variable interest
• Interest paid quarterly
• Receive a gift on account opening
• Instant access through your local branch
• Flexibility

In order to open a Young Savers account you need to be a current Lloyds TSB account holder.

Save the change

You can help your children even more by putting away pennies from everyday transactions. All you need to do is to register your Lloyds TSB current account for Save the Change.

In practice it means that every time you pay with your Lloyds TSB Visa debit card, the amount will be rounded to the nearest pound. This little money will then be transferred to your child´s Young Saver account.

Moreover, you can turn on and off this feature anytime you want simply through your Internet Banking. The money will be transferred only in case that your current account is in credit.

Other ways to save up

Other members of the family can also contribute and set up a standing order. Saving regularly is an easy way to grow your savings.

Withdrawals can be made only at a branch. The withdrawal will not affect the interest.

Read full article at http://portal-loans.co.uk/young-savers-account/

Lloyds Home Improvement Loan

Has your fridge broken down and you don’t have enough money for a new one? Would you like to improve or extend your current home? Whatever is your case, the Home Improvement Loan will help you to finance it. Be one step closer to your dreams!

Lloyds Home Improvement Loan is available for existing customers and offers many great services including personal and professional advice and guidance.

Characteristics:

• Loan amounts from £1,000 to £25,000
• Loan terms between 1 to 7 years
• Fixed rate
• Not secured against your home
• Instant money
• Personal and professional approach
• Manage your money online with the Internet Banking

Please note that your monthly repayments will be taken by Direct Debit from your current Lloyds TSB current account.

Affordability guide

In order to make sure how much money you can borrow, try the online Affordability guide. The bank offers lots of advice and guidance to help you get it right. In the online Affordability guide you will be asked to provide the amount of money you would like to borrow, your income and other questions related to your situation. On the basis of this information, the bank will be able to tell you the loan amount which would be the most sensible for you.

Moreover, you can also try the Loan calculator which will tell you more about the amount of your monthly repayments, APR as well as the overall costs of your loan. Thus your decision making should be made much easier.

Read more at http://portal-loans.co.uk/lloyds-home-improvement-loan/

ING Cash Individual Savings Account

Do you want to have instant access to your finances? Would you like to earn up to 3. 00 % AER Tax free guaranteed for 1 year from the accounts opening? Learn how to make the most of your savings.


These days, it is especially important to save your money regularly. The situation on the job market is not particularly good, prices rise continually and thus you can never know when you will need a little bit of extra cash.


Cash Individual Savings Account from ING offers a simple and easy way how to save money. You can save already from £1 up to £5,340 for which you will not have to pay tax on your interests.


Moreover, you can access your money anytime you want without any loss of interest for withdrawal.
This saving account is available for both new and existing customers. It can be topped up regularly or paid in at once.

Main features:

• 3.00% AER (2.96% gross p.a.)
• Save from £1 up to £5,340
• Interest is calculated daily and paid monthly
• No loss of interest for withdrawals

Please note,that after 12 months the Cash ISA rate will change to standard variable rate. The Cash ISA rate is currently 1.00% AER (1.00% gross p.a.).


Remember also that you cannot deposit more than £5,340 each tax year. This means that even if you deposit £5,340 and afterwards take out £500, you cannot pay another deposit until the next year.
If you paid more than the allowance, the bank reserves the right to send the whole amount back to you.

Cash Individual Savings Account (ISA) guide

If you would like to know more about Cash Individual Savings Account and how it works you can also check the ISA guide.


In the guide you will learn not only what ISA tax-free savings are but also how to access or deposit money or what to do when the tax year ends.


In the majority of cases, your money will earn tax-free interests as long as they are in the ISA account, so it helps you to make the most of your savings.


If you have any more questions regarding the ISA, you can always contact the bank and they will be happy to discuss them with you.

Read more at http://portal-loans.co.uk/ing-cash-individual-savings-account/

Lloyds TSB First Time Buyers Mortgages

Would you like to become independent and have your own home? Is this your first big step and you need help with it? In that case Lloyds TSB offers a solution which has many great advantages and also favourable conditions.

Characteristics:

• Professional and individual approach
• Flexibility
• Help and support
• Application fee
• Evaluation fee
• Great deals for first-time buyers

Please remember that your home may be repossessed if you do not pay your mortgage regularly!

First time buyer guide

The journey to owing your own home can seem daunting. For that reason Lloyds TSB put together a guide which should help you with the whole process. It is not only full of great tips and advice but it also contains the legal process described step by step.


The guide is available online but you can also request a paper copy of this guide which is included in a first-time buyer pack.

Mortgage types

Lloyds TSB offers two types of mortgages; these are fixed rates and trackers.
If you want to budget more easily then fixed-rate mortgage can be ideal for you. It means that the repayments will stay the same each month until a set date.


Trackers on the other hand may change in line with the Bank of England bank rate. Your monthly payments could go up and down within 30 days of a base rate change. Generally, you can save money with this type of mortgage as you can benefit from the base rate change.


Also note that generally, you will need 10% deposit and 20% deposit for a new-build property. However, the bank may be able to offer you a special mortgage deal.

Read more at http://portal-loans.co.uk/lloyds-tsb-first-time-buyers-mortgages/

Santander Remortgaging

Have you taken out a mortgage? Would you like to get a better deal? If you answered yes to the previous questions then change your current mortgage deal from another lender to Santander. Save money and enjoy premium services.

Moreover, Exclusive mortgages are available for existing Santander Current Account customers.

Characteristics:

• Free standard valuation on property valued up to 2.5 million
• Free standard legal fees
• Mortgage specialists will help you to complete all the paperwork
• 3.49% 2 year Fixed rate which then changes to Standard Variable Rate (currently 4.24%)
• Maximum loan to value 75%
• Maximum loan amount £1 million

Please note that £995 booking fee applies and also early repayment charges apply during the fixed rate period. You should also keep in mind that if you do not keep up repayments on your mortgage, your home may be repossessed.

Reasons for remortgaging to Santander

• Save money – you may save money on interest rate as well as on monthly payments
• Get help with fees – on deals with a remortgaging solution, Santander will pay for all standard legal fees
• Borrow more – when remortgaging you can consider borrowing more money
• Rewarding loyalty –if you already have a Santander account, the bank will offer a special deal for you
• Simple and straightforward – Santander will offer a surveyor and solicitor for your application. Moreover, the bank´s professionals will help you to complete all the forms.

Read more at http://portal-loans.co.uk/santander-remortgaging/

HSBC Personal loan

Are you in a financially difficult situation and looking for a favourable loan? If you have an HSBC account then you can receive 6, 2 APR % for Personal Loans between £7 000 and £15 000.


HSBC Personal loan is intended mainly for creditworthy customers and so the bank makes sure that the customers borrow only such sum of money which they can repay.


Moreover,it does not matter how you apply. You will get the credit decision within couple of hours, depending on planned maintenance periods.


Once yourloan is approved, you will get the money into your bank account straight away.
Please notethat in order to apply for a HSBC Personal Loan you need to have not only HSBCcurrent account but you also have to be over 18 years and a UK resident.

Loan calculator

Would youlike to take out a loan but you are not sure how much money you can borrow?
For that reason the customer can consult the amount of borrowed money with a bank representative or try out the online loan calculator.


The online loan calculator is user friendly. All you need to do is to fill in the amount of money you would like to borrow and for how long.


After that you will see instantly the amount of monthly repayments and total payable amount.

Fixed repayment terms

You have now the advantage to choose from two options of fixed repayment schemes.
Firstly, if you borrow less than £15,000 you can spread your repayments over the period of one to five years.


Secondly, if your loan is for more than £15,000 you can extend the repayment period up to eight years.

Repayment holidays

HSBC now also offers the possibility of taking a repayment holiday. This can be done in two ways.
You can either take a repayment holiday for the first three months of your loan or have repayment holidays every January.


Repayment holidays for the first three months of your loan mean that you receive the loan first and only after three months you will have to pay back your first repayment.


The second options will enable you to enjoy a little bit of extra money every January.


However, please note that the interest rate will be charged during the whole loan period. This means that you will have to pay more interest overall.

Read full article at http://portal-loans.co.uk/hsbc-personal-loan/

Santander eSaver account (issue 4)

Would you like to save money for your holidays or have some extra cash just in case that something breaks down? Santander eSaver (issue 4) offers not only favourable conditions but also easy access during the whole time of saving.

Nowadays especially, it is wise to save money, at least every now and then. Even this little money if put aside regularly can make a significant difference later.

The eSaver account is available for both new and existing Santander customers.

Characteristics:

• 3.10% gross AER (variable) for 12 months from account opening
• Bonus 2.60 % gross /AER (variable) for 12 months from account opening
• Save from just £1
• Easy accessible
• Unlimited withdrawals
• Flexibility

After 12 months from account opening the interest rate will be 0.50% gross/ AER (variable). The interest is calculated daily and paid monthly or annually.

Please note that Santander shares its savings safety protection with A&L, Asda, Bradford & Bingley and Cahoot, so if you have more than £85,000 saved across these banks, the extra money is not protected.

Savings user guide

If you would like to learn how to make the most of your money, read through the savings user guide. In the guide you will find different sorts of saving accounts compared and thus you can choose the most suitable one for you. The guide also contains useful information on how to manage your account.

Read full article at http://portal-loans.co.uk/santander-esaver-account-issue-4/

HSBC Graduate Loan

Are you still studying and need a financial help to pay for your education or have you just graduated and want to start a new life? If you are within 5 years of graduation then HSBC Graduate Loan will help you to finance all your needs.

Many students who are still studying or have just graduated face difficulties when finding a job, looking for a new place to live, etc. and therefore they very often need a loan to help them out at the beginning.

Exactly for this purpose there is the HSBC Graduate Loan. The HSBC Graduate Loan is available exclusively to HSBC current account customers.

Hurry up, the special offer ends 31 May 2012.

Characteristics

• Representative 6.2 % APR
• Loan amounts between £5,000 and £25,000
• Fast application processing
• Immediate funds
• No fees for overpayments
• Fixed repayment terms

Please note that the representative APR may vary depending on your personal financial circumstances.

Repayment holidays

The HSBC Graduate Loan offers the option of taking out repayment holidays.
You can either take a repayment holiday for the first three months or every
January for the life of your loan.

However, you should realise that even during the repayment holidays you
will be charged interests. Thus the overall costs of your loan will be higher.

Read more at http://portal-loans.co.uk/hsbc-graduate-loan/

Santander Euro mortgages

Is your dream to have your own home in Spain or Portugal where you could enjoy the sun and local culture? With Santander Euro mortgages you are one step closer to making your dream a reality. Moreover, Santander offers favourable conditions.

No matter if you choose Spain or Portugal, the Santander bank offers guidance and help throughout the whole procedure.

Characteristics:

• Mortgage is available only for the purchase of property
• Loans are available in EUR or GBP
• Minimum loan of GBP £ 100,000 or the Euro equivalent
• Maximum loan term is 25 years
• Loan must be repayed by the age of 75
• £ 500 processing fee

However, please note that loans if repaid in full or part within the first two years are subject to an early payment fee of 3 months interest, after two years the loan may be repaid at any time without incurring a penalty.

Read full article at http://portal-loans.co.uk/santander-euro-mortgages-for-spain-portugal/

Financial tips

Financial tips

Did you know that cashback cards will earn you money only when you spend money? Other transactions like withdrawing cash or balance transfers do not apply. Moreover, these transactions are often charged with a fee! Would you like to learn more useful tips? Then read websites like http://portal-loans.co.uk

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