Customers Skimping on Life Cover when Changing Mortgage

Six out of ten people who have moved up the property ladder in the past five years and taken out a bigger mortgage did not increase their life insurance cover. A survey of 2039 adults by Sainsbury’s Bank Life Insurance revealed that four in ten did not think it was necessary to review their cover […]

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Better Savings Rates and Low Cost Loans with Peer to Peer Providers

Many cynics said peer to peer lending would never work in the UK; but with savings rates from banks and building societies stuck firmly in the doldrums for the foreseeable future there’s growing evidence that this new sector is starting to become very attractive to consumers. With traditional savings rates having fallen by more than […]

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30% of People Admit to Payday Spending Blitzes

One in three people in the UK admits to living it up in the first few days after payday, blowing an average of £250 in just 24 hours. Clothing, food and alcohol are the most popular payday treats, with 55 per cent of women and 45 per cent of men going on to regret their […]

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More People Switching Bank Accounts

It’s been 12 months since the Current Account Switch Service was launched and the Payments Council has delivered its latest figures on the number of transactions. Since its launch 1.1 million customers have ditched their existing bank and switched accounts. This is an increase of 19% compared with the same period a year before, when […]

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Finances Still Tight For Consumers

Despite a much improved economic situation in the UK, over a third of people feel that their finances have not improved in the last 12 months. According to research by VoucherCodes.co.uk two out of three Brits find their ever increasing utility bills a source of financial stress as well as seeing their budgets stretched to […]

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Lower Rates for Mortgage Customers

Mortgage rates have been falling quite sharply with at least half a dozen lenders unveiling rate cuts and fee reductions in the last two months. Halifax, Nationwide, Virgin, Woolwich and Skipton have all cut rates, while others including Santander and HSBC have done away with some of their fees. Lenders are also throwing in extra […]

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Two Out of Ten Over 50s Travel With No Insurance

Around twenty per cent of travelers over the age of 50 go on holiday without insurance, according to a new report. A poll of more than 10,000 people by Saga Travel Insurance found that 17 per cent go abroad without cover, while a further quarter delay buying their cover, with many purchasing insurance in the […]

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Savings Confidence On The Up

The UK population is feeling more bullish about its ability to save, a new survey by Lloyds Bank has found. The latest quarterly Lloyds Bank Savings Index asked 3,500 consumers about their savings habits during the first quarter of 2014. It found that easing pressure on disposable income and the positive economic outlook have contributed […]

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Increased Demand Sees Most Sellers Achieve the Asking Price For Their Home

Latest numbers from Hometrack show that the number of properties selling for their asking price in England and Wales hit a 10-year high in March at 96.2%. These numbers are up from 93.5% a year ago, 95.3% in January and 95.8% in February, according to the latest trend analysis. In London, virtually all properties were […]

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More People Turning to the Web to Apply for Mortgages

Internet based mortgage applications are expected to rise significantly as consumers choose to deal with their finances online according to a new report. 1,700 UK homeowners were surveyed by HSBC and the bank found that nearly one in six applied for their current mortgage online. This figure is set to double, with a more than […]

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