Personal Finance NewsSince it launched in 2011, the Co-operative Insurance has saved its Young Driver policyholders over £7.4m in their first year of driving*. Latest data from the Co-operative Insurance has found that on average its Young Driver policyholders receive £120 back in their pockets in the first year of taking out their policy. The Young Driver […]
Mortgage and re-mortgage customers in their 40s are being caught by age restrictions, new research for the Nottingham Building Society warns. Its study among mortgage brokers shows nearly two out of five have seen a rise in customers over 40 struggling to be approved for mortgages or remortgages. And the research shows the problems will […]
New research to support the launch of Sainsbury’s Bank’s ‘Family Finance Report’ this week shows that, despite the emergence of green economic shoots and low inflation, the majority of people in the UK are not overly optimistic about their finances when compared to last year. Despite wages increasing by around 2% in the past 12 […]
Two months into the New Year and it feels like deja vu with the credit card companies’ hell bent on pushing interest free cards. One of the downsides of this strategy is that that some of the more versatile credit cards offering a range of flexible features are often overlooked. If you’re considering a new […]
Home insurance premiums have climbed sharply in the past three months as tax rises take effect, new analysis from insurance market research experts Consumer Intelligence shows. Average premiums have risen 3.1% to £119 in the past three months following the introduction of Insurance Premium Tax increases in November. Consumer Intelligence’s analysis – which is used by […]
New research reveals that 1.2 million Millennials (18-34) have ignored a payment such as the last month of a phone contract or a household bill. Nearly a third (31%) of this age group has been rejected for a financial product such as a mortgage or store card because they have defaulted on a repayment. This […]
New research from Amigo Loans reveals over one million sole traders have been given the cold shoulder by mainstream lenders, with nearly a third of one man bands admitting they’ve been turned down for a loan. Of those who have been refused, a quarter think they would have a better chance seeking funding by asking a […]
Almost 23 million households (84 per cent) across the UK have taken steps to make their bills more affordable, according to new research from Santander. Highlighting a nation of ‘sofa-eskimos’, more than two thirds of Brits say they layer up at home with gloves, hats, scarfs and extra jumpers in an attempt to keep warm and […]
With the Easter break just around the corner it’s that time of year when many of us aim to get those eagerly anticipated home improvement jobs and DIY projects underway. Few of us are fortunate enough to have sufficient cash in the bank to pay for that kitchen makeover, revamp of the bathroom, or landscaping […]