Personal Finance News11 Sept 2017 As more than half a million students pack their bags for University this September, a new study by Co-op Insurance reveals almost half don’t have home contents insurance. The study, conducted among UK University students found that 46 per cent don’t have home contents insurance and a tenth simply don’t know if […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]