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5 ways to keep on budget this Valentine’s Day

Andrew Hagger | February 8, 2019

08 Feb 2019 While Valentine’s Day is a day full of romance and encourages us to do something special with our loved ones, it’s important we don’t blow our budgets on one day and remember the real reason for the celebration.  It’s very easy to overspend, but  being smart about the impact this has on […]

One in four are borrowing cash from their family

Andrew Hagger | February 7, 2019

07 Feb 2019 As everyone feels the January pinch on finances, new research from Charter Savings Bank1 reveals many will be relying on family and friends to tide them over. Its nationwide study found that one in four (25%) adults have borrowed from their loved ones in the past year. The handouts from family and friends […]

Consumers paying out £3.7bn for life insurance before policies are cancelled by providers

Andrew Hagger | February 5, 2019

04 Feb 2019 The ‘squeezed middle’ are spending £3.7bn on life insurance before having their policies cancelled by providers because they have fallen into financial difficulties, according to research by Co-op Insurance. According to the findings, the average 30-60 year old in the UK had paid out £2,050 before their insurance was cancelled after holding […]

Brexit uncertainty sees borrowers taking longer-term fixed rate mortgages, says the Yorkshire

Andrew Hagger | January 30, 2019

30 Jan 2019 An increasing number of borrowers are choosing five-year fixed rate mortgages as Brexit uncertainty prompts people to seek peace of mind when it comes to their home loan, according to Yorkshire Building Society. The Yorkshire reported a 44%[ rise in the number of borrowers choosing the longer-term mortgage rate last month (December 2018) […]

Lloyds Bank launches 100% mortgage for first time buyers

Andrew Hagger | January 29, 2019

29 Jan 2019 The latest first time buyer mortgage deal from Lloyds Bank isn’t a stand alone 100% mortgage, but is supported by a 10% deposit in a separate 3-year fixed rate savings account from a family member. The mortgage rate is fixed for three years at a competitive rate of 2.99% – and thankfully […]

One in three Britons don’t feel on top of their finances

Andrew Hagger | January 29, 2019

29 Jan 2019 New research released today reveals that over a third (37%) of Britons don’t feel on top of their personal or professional finances. The survey of 1,550 British workers, commissioned by award-winning cloud accounting software provider FreeAgent, found that 22% of respondents said that they resent having to spend time on household and life […]

A quarter of consumers will use digital banks within five years

Andrew Hagger | January 25, 2019

24 Jan 2019 At least a quarter (24%) of Brits will have an account with a digital-only bank within the next five years, according to new research from personal finance comparison website finder.com. A further 21 percent said they would consider a digital-only bank once they have more information, meaning that almost half of Brits (46%) […]

3 million Brits still paying off Christmas 2017

Andrew Hagger | January 24, 2019

23 Jan 2019 UK adults are starting 2019 with outstanding borrowing from 2017, with 3.1 million  people still paying for Christmas 2017. The new study from Sainsbury’s Bank Credit Cards found more than a quarter (27%) of people have debt remaining from two years ago. This New Year, UK adults still owe money from 2017 shopping […]

UK adults risk it as relatives manage their money for them

Andrew Hagger | January 21, 2019

21 Jan 2019 UK adults are putting their finances at risk by shortcutting powers of attorney and relying on good will from their relatives to manage their finances, according to Co-op, the UK’s leading probate provider. A quarter (25%) of over 45 year olds have access to a relative’s bank account who isn’t their spouse. […]

A quarter of people don’t save for the cost of Christmas

Andrew Hagger | January 17, 2019

17 Jan 2019 Christmas may be an expensive time of year but new research by Leeds Building Society found nearly a quarter of people in the UK who celebrate the festive season (24%) don’t save ahead for it at all. Conversely, 15% of those surveyed start saving in January although 39% tend to leave it […]