Author Archive: Andrew Hagger

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Nearly half of over-55s plan to downsize

8 Sept 2017 More than 3.9 million over-55s plan to downsize to a cheaper property later in life – but it is convenience rather than the cash that is their biggest motivation, according to new research from Prudential. The nationwide study found nearly half of over-55 homeowners planning to sell and move to cheaper homes in later […]

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Younger generation most likely to switch energy providers

6 Sept 2017 A study by comparison site finder.com reveals today that the younger generation is most likely to switch energy providers, with 32 percent of millennials having switched in the last 12 months. The study also found that over two in five Brits don’t know or understand their energy tariff options, and one in five have […]

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One in four adults considering buying an electric car within five years

One in four UK adults (23%) is considering buying an electric car within the next five years, according to new research from Sainsbury’s Bank Loans. The supermarket bank’s latest Car Buying Index, which tracks consumers’ car purchase intentions, reveals that recent Government announcements designed to boost the switch to zero-emission vehicles are convincing large numbers of […]

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New free childcare scheme could improve parent’s mortgage affordability

Parents with preschool aged children looking to take a step on or up the property ladder could see a 17% increase in the amount they can borrow once the government’s new free childcare scheme comes into play, says Yorkshire Building Society. From September parents with children aged three and four years old could be eligible for […]

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Dads to spend £366 on back to school items

New research from American Express reveals that dads plan to spend £366 on back to school items, whereas mums are more cost-conscious, spending £192. Jenny Cheung, Director at American Express, said: “As the new school term approaches, it’s not surprising that parents across the UK are busy shopping for back to school items – but […]

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One in three carry out online banking while on holiday

The latest research undertaken by Lloyds Bank shows that over half of holidaymakers (53%) look forward to taking a break from the online world by taking a digital detox on their holiday. Just under seven out of ten people (69%) also stated they were planning to take less ‘tech’ items next time they went away. This […]

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Bank of Gran & Grandad deposits over £37bn to help grandchildren

At a time when estate agents are warning that house price affordability is reaching a crisis point it seems that more people are turning to their grandparents in order to get a foot on the property ladder.  The Bank of Gran and Grandad has donated a total of over £37bn in funds to their grandchildren […]

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Fraudsters target twenty-somethings

Fraudulent credit applications against people in their twenties have soared in the last three years, according to new research from Experian. The proportion of frauds against those under 30 years old has risen by 6% since 2014, while those aged 50 and up have experienced a decrease of 8.4% over the same period. A spokesman […]

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Ex cons reveal how to keep homes & vehicles secure

Smart connected cars and homes are keeping burglars at bay, according to a new study conducted among a panel of ex-convicts, released today by Co-op Insurance. The study reveals that over four fifths (89%) of ex-cons would be put off targeting a smart connected home, with a further two thirds (67%) stating they would steer […]

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1.5 million motorists have an out of date address listed on their driving licence

UK drivers could face hefty fines for failing to register their driving licences to their current address. According to research from comparethemarket.com, 1.5 million drivers have an incorrect address on their licence. The penalty if you are caught driving with an incorrect address on your licence is £1,000, meaning that DVLA could claim as much as £1.5 […]

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