A government initiative to prevent struggling homeowners from losing their property only helped one borrower in April. This takes the grand total to just two since the Mortgage Rescue scheme was launched in January.
Orange has today launched a new £5 pay-monthly plan, which includes a handset, in what is believed to be the cheapest-ever standard contract mobile tariff.
The Financial Services Authority (FSA) says lump sum loan insurance, where the premium is added to your debt upfront and incurs interest, is virtually extinct.