Brits underestimating potential pay rise from remortgaging

The remortgaging rush is expected to continue in 2017, with almost a third (31%) of eligible homeowners planning to cash in on low interest rates. One in four of those plan to act now and remortgage in January. The potential savings they could be making, however, are being underestimated by nearly half, according to a […]

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Savers plan to put away more than £2,500 each this year

Forty per cent of UK savers have said they each plan to put aside more than £2,500 in 2017, research carried out by Charter Savings Bank has discovered. The research found that those planning to put money away hope to save an average of £228 every month, a total of £2,736 over the course of […]

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Holidaymakers still planning to get away on holiday despite fall in sterling

Nearly 34 million people in Britain (66% of adults) are planning overseas holiday escapes during 2017, according to new findings from Sainsbury’s Travel Insurance & Travel Money. The figures are almost identical to last year (67%), revealing a resilience in the overseas holiday market despite a significant fall in the value of sterling against the US […]

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Average UK adult now managing over 30 personal finance related contracts and accounts

New research from Gocompare.com Money has found that, on average, people now manage over 30 accounts across all aspects of their lives, from online banking and shopping, to gym memberships and subscriptions for home entertainment.  And almost a third of us are stressed out by trying to keep track of them all. The survey of […]

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The best time to book and travel in 2017 revealed

Timing is everything when it comes to scoring the cheapest prices for flights and hotels in 2017, according to new analysis by travel search engine KAYAK.co.uk. By analysing data based on millions of searches, KAYAK has found that with a little planning, travellers can save huge amounts of money. Booking and travelling to Brits favourite […]

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Millennials top the 2016 savings table

Millennials, generally considered to be those aged 18 to 34, saved more in 2016 than any other generation, according to new research from Charter Savings Bank. On average, millennials saved a total of £3,701 in 2016 – over £450 more than their baby boomer and Generation X counterparts, who saved £3,226 and £3,238 respectively. 2016 […]

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2017 A Year To Reignite The UK’s Savings Habit

As the UK starts on its resolution list, money matters are firmly on the agenda with the majority of people (78%) saying they plan to save in 2017 and a third of that group, (34%) saying they will save more than in 2016.  The research, from new challenger bank Masthaven, finds that many people will […]

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MBNA launches UK’s longest ever 0% balance transfer card with £20 cash back offer

MBNA is offering customers looking to consolidate their post-Christmas debts and card balances its longest ever balance transfer credit card. In line with recent years, over half a million UK consumers are likely to make in excess of £1.3bn worth of balance transfers during January to help them get their finances fit for 2017, MBNA […]

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More people spreading the cost of train season tickets with interest free credit cards

Sainsbury’s Bank has launched a new free online ‘train-inflation’ digital tool, which reveals that the average train ticket increased by 59% between 2005 and 2011, and by 16.9% between 2011 and 2016.  Its ‘train-inflation’ barometer allows people to see what their new standard train ticket will be next year, and estimate how their fares have […]

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1.5 million people have lived more than 45 years having never borrowed a penny

More than 1.5 million people have lived more than 45 years having never borrowed a penny from a bank or lender.  However, this commendable existence could come back to bite as many of these credit virgins may struggle to secure a mortgage or even a mobile phone contract. A credit score is a three digit […]

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