Personal Finance NewsSantander 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. […]
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 […]
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 […]
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 […]
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 […]
