Personal Finance NewsUp to £14.9 million could have been lost due to avoidable MOT failures in the 2023/24 financial year, according to new research. The figures say there were 7.5 million failed tests during this period, of which roughly 2.59 million could easily have been prevented with better preparation. Drivers are now being urged to perform a […]
Property size and location have the biggest impact on home insurance costs, according to a new study. The figures state that the median price paid for a policy varies by up to £243 depending on the number of bedrooms in the property. On average, this affects premiums by £121 – more than any other factor […]
The new Amex Spending Spotlight research asked UK shoppers about their current spending habits and preferences as well as their intentions for the year ahead. s. Experience-hungry Brits Consumers’ love of experiences big and small, such as dining, day trips, wellness activities and festivals is set to continue into 2025, with almost six in 10 […]
According to ONS statistics, September is the most popular birth month, with the most popular birthday being September 26th. Christie Cook, managing director of retail at Hodge Bank, offers expert advice on how to plan and save over the next nine months for your baby’s future and how to manage the costs of parenthood today. “With […]
Santander is warning loved-up Brits to stay vigilant this Valentine’s Day, following new data from the bank showing that nearly £8 million was handed to romance scammers in 2024.1 In February alone, nearly £800,000 was sent to scammers, including £262,000 in one transaction. The average romance scam in 2024 totalled £5,009. Social media continues to […]
Broadband providers should have paid out close to £115 million to customers last year through the Ofcom automatic compensation scheme, new research has revealed. The study calculated the cost of compensating eligible broadband users who experienced delays to their service or missed appointments in the last year. Now, users are being encouraged to check if […]
Over one in five (21%) travel insurance claims are for holiday cancellation, according to travel insurance provider, Multitrip.com, meaning something went wrong before the holiday even began. Multitrip.com is urging holidaymakers to purchase their travel insurance as soon as they book , also known as ‘ASAB’, to ensure they are covered from the outset. Cancellation […]
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 […]
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. […]
