Personal Finance News

10 Apr

Sainsbury’s Bank expands into mortgages

Sainsbury’s Bank is launching mortgages especially designed and developed for the Sainsbury’s customer. The bank will offer residential home purchase mortgages and remortgages for first time buyers, lending into retirement for certain customers and for the self-employed, across the whole of the UK. The range of fixed and variable rate products offers flexible features that allow overpayments, underpayments, […]

10 Apr

Is it time to ditch your bank and switch to a better current account?

Does it annoy you that your bank doesn’t pay you interest when you’re in the black, or that it charges you the earth if you go slightly overdrawn? – If the answer’s yes then maybe it’s time to up sticks and sign up for a more suitable bank account. With the official Current Account Switch […]

10 Apr

Safeguard your garden from thieves this spring

M&S Bank research reveals that more than a quarter (26 per cent) of those with a garden shed admit to leaving it unlocked, with nearly one in five (17 per cent) saying they never secure it, despite the contents of a typical shed being valued at £567. Nearly a fifth (19 per cent) of respondents revealed […]

4 Apr

Over-55s’ love affair with cash continues despite inflation risk and low interest rates

Cautious over-55s are putting hard earned pensions at risk by ignoring inflation and placing money in cash, Fidelity International’s Class of 2015 research reveals. Two years since the pension freedoms began, Fidelity spoke to people who had accessed their pension since April 2015 to see how this group had made use of the new flexibilities; particularly […]

4 Apr

Less than half of adults aware of the Personal Savings Allowance

A year on from the launch of the Personal Savings Allowance (PSA) only one in six adults have started to save or increased the amount they save, new research* for the Nottingham Building Society (The Nottingham) shows. Its study found that only 17% of adults have taken advantage of the new rules with around two-fifths […]

4 Apr

Tesco Bank makes changes to current account criteria

Savers have been so desperate to find a decent return on their nest egg that many have, in recent years, made use of generous ‘in credit’ rates available on bank current accounts. When Tesco Bank announced in February this year that it was guaranteeing the 3% interest rate on the first £3,000 on its bank account […]

28 Mar

Gocompare warns that new rules on displaying last year’s premium may not go far enough

Gocompare is warning that new rules designed to make insurance renewal notices more transparent and prompt customers to shop around may not go far enough, and as such may not have the desired effect of a significant increase in the number of consumers who ‘switch and ditch’ expensive policies. From 1 April 2017, insurers will […]

28 Mar

Easter Sale: £5 off 16-25 and Family & Friends Railcards

National Rail has announced an ‘egg-citing’ Easter sale – offering £5 off its 16-25 and Family & Friends one-year Railcards. The sale, which will run until Monday 24 April, means 16-25 and Family & Friends Railcards will cost just £25 with the code EASTER5, for a year’s unlimited usage. Railcard owners save an average of […]

28 Mar

2.4 million pets left vulnerable by the cost of unplanned vet treatment

Tesco Bank has today announced their support for National Pet Month, a nationwide campaign to celebrate pet ownership; To help customers protect their cats and dogs, Tesco Bank is offering all Tesco Clubcard holders 50% off Tesco Pet Insurance Accident and Injury cover in the first year when purchased by 2nd May 2017 New research […]