Personal Finance News

10 Nov

HSBC UK issues Black Fraud-Day purchase scam warning

HSBC UK is warning consumers they need to double-down on their efforts to stop scammers and be on their guard over the next few weeks, with scammers using the ‘Black Friday’ online shopping frenzy as an opportunity to turn Black Friday into Black Fraud-Day. While Black Friday is due to take place on 24th November, offers […]

9 Nov

Vinted and Facebook Marketplace favoured over Black Friday discounts for 15% of Brits

A new study by credit management company Lowell shows that Brits are planning on being more money-conscious rather than impulse buying on Black Friday 2023. In fact, 45% confess they want to prioritise their financial well-being, and it’s predicted that they will spend £900 million less than last year, with 40% less average spend per person compared […]

6 Nov

11 million Brits to play host to friends this Christmas

Over 11 million Brits (22%) will play host to friends this Christmas, new research from American Express has found. The UK’s younger generation are those most likely to host friends, with 27% of 18-34 year olds sharing the festivities with friends compared with 22% of 35-54 year olds and 19% of those over 55. Immediate family […]

3 Nov

Pet owners can get free indoor camera this November

Go.Compare pet insurance has launched an exclusive deal for pet insurance customers to receive a brand new Ring Indoor Camera when they purchase cat or dog insurance from Animal Friends this November. Anyone who compares pet insurance with Go.Compare and goes on to buy a policy from Animal Friends (excluding accident only and equine insurance policies) […]

3 Nov

Over a third of the UK won’t discuss money with friends

New research by ALA Insurance has revealed that over a third of the UK don’t feel comfortable discussing their finances with friends. The survey which was commissioned to explore the state of the UK’s financial wellbeing also shows that this figure increased in older age groups with half of those aged 65 and over claiming they wouldn’t feel comfortable […]

26 Oct

Personal loan rates double since December 2021

Over the past two years, high inflation has squeezed household finances, driving demand for credit as people look to plug the gap. This has meant the UK personal loan market has grown by 8% in the past year, and is estimated to be worth £37.7bn — and projected to reach £43.9bn by 2027§. However, while […]

25 Oct

Half of single people would consider purchasing a property with friends to get on the ladder

Non-homeowners with a ‘single’ relationship status are looking at innovative ways to get on the property ladder, with 49% considering buying a property with family or friends to offset costs. People who are not in a relationship are looking at viable alternatives to get on the ladder, as nearly two thirds (64%) agreed that purchasing a property by themselves […]

23 Oct

Four ways to improve your chances of getting a mortgage

The decision to purchase a home is a significant one – probably the largest one you’ll ever make in your life. If you don’t have the cash available to buy the property outright, like most people, you’ll need to secure a mortgage. While a mortgage is never guaranteed, there are some measures you can take […]

23 Oct

Will-writing charity reveals shocking number of adults do not have a Will

A shocking 59% of UK adults do not have paperwork in place to protect their loved ones after they are gone, a national Will-writing charity has revealed. A poll, commissioned by Will Aid and involving around 2,200 people across the country, showed that only 29% had an up-to-date Will – with the majority admitting they […]