Personal Finance News

25 Feb

Aldermore increases rates on Savings and Cash ISA accounts

Aldermore bank has today increased the rates on a range of its fixed rate and individual savings account (ISA) products, providing savers with choice for their medium- and longer-term savings goals. Our Fixed Rate Savings accounts provide competitive long term rates that protect your hard earned money from interest rate fluctuations so you’ll always know exactly how much […]

15 Feb

UK petrol and diesel costs hit “record high” – 5 expert tips for slashing your fuel costs

New figures reveal that the average petrol price in the UK has surpassed 148p per litre for the first time.    According to the AA, the cost of petrol has now jumped to 148.02p per litre on Sunday – rising above the previous record high of 147.4p per litre.   Following this news, Nick Drewe, money-saving expert at WeThrift has shared six […]

14 Feb

Three quarters of UK adults aren’t confident about reaching their financial goals this year

Recent research from RCI Bank, the digital savings bank, has found that 74% of UK adults who aren’t confident about reaching their financial goals this year think the biggest barrier for them to do so will be the rising cost of living. This comes as the latest ONS figures released in December 2021 showed an annual […]

11 Feb

More than 7 in 10 people are looking to change their energy usage

“A recent survey was taken that asked 1,000 people if having a smart meter installed gave them stress and anxiety. Nearly 30% answered yes, but now we wonder if this will increase if people have to start paying more? The new energy price cap is to go up c.54% which could be detrimental to the […]

4 Feb

One in five Britons plans to buy a property in 2022

One in five UK adults plan to buy a property in 2022, new research from Market Financial Solutions (MFS) has revealed. The bridging lender commissioned an independent survey among more than 2,000 UK adults. It found that 18% intend to purchase property this year, including 34% of those aged 18-34. Among renters, 14% plan to buy their […]

26 Jan

Holidaymakers urged to use Section 75 purchase protection

With billions of pounds set to be spent on holidays abroad this year, TotallyMoney, the credit app that helps everyone move their finances forward, is calling for holidaymakers to protect their payments with Section 75 of the Consumer Credit Act 1974. Following the relaxing of covid restrictions, the number of holiday bookings has spiked by up […]

25 Jan

Five Tips for a January Financial Health-Check

1)Review your spending “When did you last really review your spending? The start of the year is a great time to take stock of your outgoings. Prepare to be amazed! How much do you really spend on expensive coffees or snacks bought ‘in the moment’? Is your preference for branded food items pushing up the […]

17 Jan

Will your bank statement stop you from getting a mortgage?

According to new research from mortgage broker Boon Brokers, 83 per cent of people say they aren’t aware activity on their bank statements could be a red flag to a mortgage lender. Even when prompted, 58 per cent had never considered that gambling transactions on their account may cause any issues. When given a list of […]

12 Jan

Nearly seven in 10 pensioner homeowners eligible for State Benefits are missing out

Just Group’s twelfth annual State Benefits insight report finds that pensioner homeowners are missing out on thousands of pounds of extra income by failing to claim their full entitlement to means-tested State Benefits. The annual research is based on in-depth fact-finding interviews with clients seeking advice on equity release during 2021 and, in its key findings, […]