Personal Finance News

26 Mar

How much are our favourite noughties cars worth today

A new survey has officially crowned the Volkswagen Golf as the country’s favourite car from the noughties. One in 10 picked the Golf as the car they love the most from the decade, placing it above every other model on the list. It was closely followed by the MINI (7.4%) and the Ford Focus (5.3%). […]

26 Mar

Revealed: Average age of home buyers compared to 1990

A new report has revealed the average age of first-time home buyers in the UK compared to three decades ago. The research, conducted by Go.Compare home insurance, investigates government data on first-time buyer trends. It shared that the average age of first-time home buyers is 33, the same as it was in 1990,[1]  despite inflation and the ongoing […]

20 Mar

Almost four in five still in the dark over new ISA rules

Most UK adults are unaware of a major shake-up of an ISA rules coming in April 2024 that could make it easier for them to get better deals and create more ‘balanced’ investment portfolios, according to new research commissioned by Wesleyan Assurance Society. A raft of ISA rule changes designed to simplify the scheme and […]

18 Mar

UK families estimated to spend over £3,000 entertaining children during school holidays in 2024

With Easter holidays on the horizon, new research1 from American Express has found that the average UK family will spend £3,045 entertaining children during the school holidays in 2024. The total comprises sports activities, clubs, toys, books, magazines, games consoles, tech devices, meals out, days out, TV subscriptions and films. The figure is per child so […]

18 Mar

Broader-band – customers warned to prepare for April price hikes

With price hikes expected across broadband packages in the next few weeks, Go.Compare broadband is warning customers to review the terms and conditions of their current agreements, to see if they can negotiate a better deal. The average price rise expected this April is 7.7%, with some broadband providers increasing their tariffs by up to 8.8%. The […]

12 Mar

More Than Two Thirds of Holidaymakers Leave Travel Insurance Until the Last Minute

With holiday bookings for Easter and summer sun holidays in full swing, leading travel insurance provider Multitrip.com is reminding holidaymakers of the importance of purchasing holiday cover as soon as they book, or “ASAB”, to ensure their coverage begins immediately. Almost two thirds (63%) of travel insurance policies purchased from Multitrip.com in 2023 were bought […]

11 Mar

Are used car buyers skipping essential checks?

A recent study has revealed that many used car buyers skip vital checks before making a purchase. In fact, one in ten Brits admitted that they make no checks at all when buying a used car, leaving them unaware of any potential vehicle issues. The survey, conducted by online car-changing marketplace Carwow, uncovered just how common […]

4 Mar

Younger residents at higher risk of underinsurance – here’s how to avoid it

According to a new study, younger residents might be at a much higher risk of being underinsured for their home contents. Over two-thirds (68%) of under-25s said that they were unfamiliar with the potential pitfalls that could leave their contents underinsured. Only 17% of over-54s said the same, suggesting that younger generations are far more […]

28 Feb

Parents face drastic choice amid holiday price increases

Holiday packages during school breaks can cost an extra £804 on average for a family of four, according to a new study. The research finds that this rises even more during the summer holidays when travel costs increase by an average of 23% – equivalent to an additional £276pp (per person). By comparing holiday package […]