Personal Finance News

Nearly four in ten over 55’s having no will in place

Prudential and Unbiased.co.uk, the site that connects millions to advice, this week launched the eighth annual  ‘Write a Will Week’, with new research* which reveals  that 59 per cent of UK adults have not made a will. When a Will is not in place, a deceased person’s estate is subject to intestacy laws, which may not […]

Parents in the dark about students’ secret spending

New findings from Endsleigh’s 2016 Student Survey show that many parents are in the dark about their child’s spending habits, as more than a quarter (28%) believe their child never uses an overdraft, when in reality, less than 2% of students surveyed said they never use the facility. The study of over 4,300 students and […]

Younger buyers would buy in a high crime or flood risk area just to get on the property ladder

Younger people are more willing to buy a home prone to safety, flood or crime risks in order to get on the housing ladder, new research from Aviva reveals, as the ‘ideal’ home is replaced with what people can afford. According to the findings, a third of would-be homebuyers aged 34 and under say they […]

New low cost loans from TSB whilst Tesco Bank launches 28 months 0% on purchases

It’s been a good week so far for borrowers with two new best buy deals launched in the last couple of days. Tesco Bank is now offering a credit card with 28 months interest free on purchases – a great option if you’ve got a major purchase planned and want to spread the cost without […]

Yorkshire Building Society calls for sellers to pay stamp duty costs

Yorkshire Building Society has today called on the Government to consider reforming stamp duty land tax to make it paid by sellers not buyers, removing the tax burden entirely for more than 225,000 people getting on the housing ladder every year. Changing property tax rules in this way would save first-time buyers in the UK excluding […]

Average cost of car insurance up by 13.5% in the last year

Car insurance costs are continuing to race ahead rising 13.5% in the past year to an average £788, new research from insurance market research experts Consumer Intelligence shows. A combination of another rise in Insurance Premium Tax to 10% – which takes effect on October 1st – and increased claims is driving the rise in premiums. […]