Personal Finance News

12 Mar

The £15,000 Repair Bill That Could Be Waiting in Your Home

Many homeowners are unaware of the costly repairs lurking in their homes – until it’s too late. New figures from Ocean Finance reveal that unexpected maintenance issues, such as leaky pipes, roof damage, and electrical faults, could set homeowners back by as much as £15,000. And with energy bills set to rise next month, household […]

11 Mar

Millions of Brits struggling to make card repayments

A new study has estimated that 5.7 million Brits are struggling to keep up with their credit card repayments. Just over one in 10 (14%) credit card holders said they were finding it hard to meet their repayments, meaning millions could be grappling with debts across the country. The research comes from Go.Compare, which used a […]

10 Mar

Most common travel insurance claims revealed

Multitrip.com, a specialist travel insurance provider, reveals travellers’ top five insurance claims  and how much they can cost, demonstrating what can go wrong when people are away from home. The most common reason is claiming for medical costs, with this accounting for almost a third (30%) of claims . One in five claims are for […]

5 Mar

Top ten money saving holiday hacks

From wonky weekends and flying at anti-social times, to out of peak travel, nine in ten holidaymakers (89%) have taken steps to save money on their holiday, according to an Opinium survey* of 1,000 holidaymakers, by Multitrip.com, a specialist travel insurance provider. The top ten money saving holiday hacks 1.    Travel out of peak holiday […]

28 Feb

March is Free Wills Month

Some of the UK’s favourite charities are working with local solicitors to allow people to write or update their Wills free of charge this March. The campaign is called Free Wills Month and it has run, with tremendous success, since 2005, and each year it raises £30 million in future income and now the campaign […]

27 Feb

The most and least financially resilient cities in the UK

The UK continues to experience financial pressure, with rising living costs and diminishing disposable income affecting many households. Recent search data indicates over 1.1 million monthly searches for ‘cost of living,’ signalling heightened financial anxiety across the country. To understand where residents are coping best and where financial advice may be in higher demand, The Co-operative […]

25 Feb

Avoidable MOT failures costing drivers millions

Up 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 […]

17 Feb

What has the biggest impact on your home insurance price?

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 […]

14 Feb

Brits reveal key spending priorities for 2025

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 […]