Personal Finance News

5 Sep

4 in 10 sellers would shun bricks-and-mortar estate agents for next move

05 Sept 2019 New research suggests, if they were to move tomorrow, millions of people would cut costs by taking a more hands-on approach to selling their home and undertaking their own house removal.  Estate agents’ fees make up a sizable chunk of the cost of selling a property.  Depending on the contract and the agreed selling […]

3 Sep

Holiday hangover for millions of Brits as opaque pricing and rising travel costs hit hard

03 Sept 2019 New research from Shawbrook Bank’s Personal Loans Division reveals for millions of Brits, annual trips abroad with the family can have a long-lasting effect on their finances. The study shows that covering the cost of flights, hotels, car hire and other expenses for an annual getaway can stretch over several months for […]

2 Sep

Section 75 Credit Card Purchase Protection: What Are You Covered For?

02 Sept 2019 Section 75 of the Consumer Credit Act makes both lenders and retailers responsible for when a service or product isn’t delivered. However, the latest survey results shockingly reveal that many people don’t know what it protects them for.  Nearly 1 in 3 people (29%) don’t realise they’re covered at all Over a half (55%) aren’t aware […]

29 Aug

First-time buyers urged to use or lose Help to Buy ISA

29 Aug 2019 Time is running out for potential first-time buyers to take advantage of free money when they take the first step on the property ladder, as the deadline for opening a Help to Buy ISA looms.   The ISAs were introduced in December 2015 to help first-time buyers saving for their first home by […]

28 Aug

RBS announces £150 bank account switching incentive

27 Aug 2019 Royal Bank of Scotland is offering £150 to new and existing customers switching their main bank account. The limited time offer launches on 27 August 2019 and will run until 29th November 2019. The Royal Bank of Scotland’s Select account has no monthly fee and also has the benefit of GetCash which […]

22 Aug

First time buyer couples increasingly turning to Shared Ownership

22 Aug 2019 Shared Ownership mortgages are becoming increasingly popular with couples as a way to step onto the property ladder, new data from Leeds Building Society reveals. First time buyers made up 89% of the Society’s Shared Ownership borrowers in 2018, with an increased demand from couples entering the property market. In 2008, single […]

19 Aug

New PetrolPrices App claims to save motorists up to £200 per year

19 Aug 2019 The UK’s leading fuel information service, PetrolPrices, relaunches its app this week, promising to save users up to £200 a year on fuel.                           With daily fuel price fluctuations and motorway service stations charging the earth for fuel, filling up the […]

13 Aug

How students can save hundreds of pounds this September

13 Aug 2019 In just a few weeks, thousands of students will be starting at university or college. For many young people, this is their first time away from home. Among other things, this means managing their own money for the first time. TotallyMoney looks at some of the ways that students can save money as […]

13 Aug

Debt issues for older homeowners

13 Aug 2019 Up to half of older homeowners are using equity release to repay debt as they struggle to meet payments, new analysis from UK’s leading independent equity release adviser Key shows. Analysis of customer data suggests that 30% of people are using equity release to repay unsecured debt while 20% are using it to repay mortgages.  […]