Personal Finance News02 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 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 […]
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 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 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 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 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. […]
13 Aug 2019 Latest research from Caxton FX, the international currency and payments specialist, shows that a family of four could easily blow around £390 of their holiday budget before leaving the UK simply by not planning ahead. · Sorting your currency card, a week or two in advance, and NOT buying currency at the airport – […]
06 Aug 2019 People on low-incomes are less likely to use credit than those on higher incomes and when they do borrow it is usually for essentials such as food and household bills. However, people on low-incomes are more likely to use high-cost lenders when they do borrow according to a new study released today. […]