Personal Finance News

11 Feb

Santander sees mortgage applications surge as buyers rush to beat April stamp duty deadline

Santander UK has reported it saw a 130% increase in mortgage applications in Q4 2024 compared to Q4 2023, as buyers rush to secure a property purchase during the Government’s stamp duty holiday. With Santander estimating the average property purchase taking four months from mortgage offer to completion, buyers securing a mortgage offer before the […]

4 Feb

Properties built in the 2000s have the highest insurance costs since the 1940s

New research has revealed that properties built in the 2000s have a median home insurance price of £229 – the highest of any decade after the 1940s.[1] The data shows that older homes usually have higher premiums, while newer ones see some of the lowest, yet those built in the 2000s are among the most expensive. […]

24 Jan

Tips on Saving for Maternity Leave

While it differs company to company, the majority of new mothers will not receive their full pay for their maternity leave. For the first six weeks of statutory maternity leave, new mothers will receive 90% of their average pay. However, after the first six weeks, new mothers will only receive a statutory payment of £184.03 […]

21 Jan

Motorists risking £17.3 billion in flood damages

Motorists could be risking an estimated £17.3 billion in repair costs by attempting to drive through floodwater, according to new research.[1] While only 17% of motorists admit they would risk crossing a flooded road,[2] this equates to 5.8 million vehicles across the UK.[3] This means that, as well as putting themselves in significant danger, these drivers could face […]

16 Jan

Mindful money-saving habits for 2025

As many head into another year of financial uncertainty, it’s important to consider ways to spend less and reduce anxiety about spending. Considering what you spend your hard-earned cash on instantly makes you feel more in control. I’m a Money Saving Expert but also a mum running a home and juggling the costs of everyday […]

16 Jan

How to feel more positive about your finances this Blue Monday

Often called the most depressing day of the year, Blue Monday comes at a time when the New Year good feeling has worn off, and post-holiday season bills, cold weather, darker nights and a lack of motivation can make everything feel harder. Financial worries often add to these feelings. However, even small steps to take […]

14 Jan

Cost of living crisis: 63 million Brits still struggling to cope

New figures have revealed that the overwhelming majority (91%) of Brits are still grappling with money struggles as a result of the cost of living crisis. This is equal to around 63.1 million people feeling the impact of the ongoing financial squeeze, highlighting its continuing toll on UK households, and that many are in need […]

9 Jan

One in five admit they’re unlikely to switch mobile phone providers when their contract runs out

Contract renewal prices rarely offer the best price available. But despite this, many people are still hesitant to switch, especially when it comes to mobile phone contracts, new research from Go.Compare has revealed. More than 1 in 10 Brits (12%) admit they regularly forget about their renewal until it’s already too late, and a further 16% said […]

7 Jan

New van buyers face £1,732 tax increase in April

New van buyers will spend an average of £1,732 extra on Vehicle Excise Duty (VED) from April, a recent study has found.  In total, van drivers will pay an additional £15.5 million over the first six months of the new tax year, if 2024 sales patterns continue. The chancellor announced an increase in VED first-year […]