Personal Finance News

Brits Christmas presents at risk as 53% don’t have contents insurance

08 Dec 2018 New research from LV= General Insurance reveals that nearly two in five (37%) adults will hide gifts for loved ones in an outdoor space this Christmas. But more than half (53%)* of Brits risk a season of sad tidings by not having contents insurance ahead of the UK’s peak burglary season. On average, Brits […]

Experian reveals homeowners are overpaying up to £1,800 a year on their mortgage

04 Dec 2018 The majority of mortgage shoppers are looking at fixed-term deals following the rise in interest rates this summer, new analysis from Experian has revealed. At the beginning of August, the Bank of England increased the Base Rate from 0.5% to 0.75% – it’s highest level since March 2009. The increase in the […]

Perplexed by wills: more than 5 million adults do not know where to begin

03 Dec 2018  New research by Royal London reveals that 5.4 million adults without a will in the UK would not know where to begin if they were to write one. Worryingly, the data also shows that 59% of parents either do not have a will, or have one that is out of date. It […]

Self-employed fear mortgage discrimination is rife

28 Nov 2018 More than 3.5 million (71 per cent) self-employed people feel discriminated against by mortgage lenders and nearly a million (20 per cent) think they would be refused a mortgage if they applied for one simply because they are self-employed. The shock findings are from research among people who are sole traders, contractors, […]

Under-40s are focused on saving but forget their pensions

28 Nov 2018  Under-40s are switched-on to regular saving but are failing to focus on their pensions, new research  from The Nottingham Building Society shows. Its independent nationwide study found less than half (46%) of 18 to 40-year-olds have started pensions despite being disciplined and regular savers. The Nottingham’s study found just 10% of under-40s are […]

One in three Brits have allowed remote access to their computer without doing basic ID checks

26 Nov 2018 A third of Brits have knowingly given remote computer access to someone without performing basic checks to ensure they aren’t being scammed, research from Nationwide Building Society shows. The poll of more than 2,000 people also highlights that while fraud prevention education is working, one in eight (13%) would give full login […]