Personal Finance News08 Dec 2018 New research from LV= General Insurance reveals that nearly two in five (37%) adults will hide gifts for loved ones in an outdoor space this Christmas. But more than half (53%)* of Brits risk a season of sad tidings by not having contents insurance ahead of the UK’s peak burglary season. On average, Brits […]
04 Dec 2018 The majority of mortgage shoppers are looking at fixed-term deals following the rise in interest rates this summer, new analysis from Experian has revealed. At the beginning of August, the Bank of England increased the Base Rate from 0.5% to 0.75% – it’s highest level since March 2009. The increase in the […]
03 Dec 2018 New research by Royal London reveals that 5.4 million adults without a will in the UK would not know where to begin if they were to write one. Worryingly, the data also shows that 59% of parents either do not have a will, or have one that is out of date. It […]
28 Nov 2018 More than 3.5 million (71 per cent) self-employed people feel discriminated against by mortgage lenders and nearly a million (20 per cent) think they would be refused a mortgage if they applied for one simply because they are self-employed. The shock findings are from research among people who are sole traders, contractors, […]
28 Nov 2018 Under-40s are switched-on to regular saving but are failing to focus on their pensions, new research from The Nottingham Building Society shows. Its independent nationwide study found less than half (46%) of 18 to 40-year-olds have started pensions despite being disciplined and regular savers. The Nottingham’s study found just 10% of under-40s are […]
26 Nov 2018 A third of Brits have knowingly given remote computer access to someone without performing basic checks to ensure they aren’t being scammed, research from Nationwide Building Society shows. The poll of more than 2,000 people also highlights that while fraud prevention education is working, one in eight (13%) would give full login […]
21 Nov 2018 Nothing beats the feeling of walking through the door of your dream home, but buying a house is not only stressful, it’s expensive too. Especially when you factor in those hidden fees and costs that you just don’t think about when house hunting for the first time. Of course, there’s the deposit, mortgage payments and […]
15 Nov 2018 New research from Charter Savings Bank reveals that those in their 30s are the savviest savers, setting aside 58% of their disposable monthly income each month – 16 percentage points more than the national average of 42%. The average monthly disposable income for a 30-something is £486 (after paying bills), and the amount […]
15 Nov 2018 Across the UK there are currently 14.8 million renters and new research from Sainsbury’s Bank Home Insurance indicates that over half, 8.4 million of them are leaving themselves unprotected by not having home contents insurance in place. Of those renters who do have contents insurance, less than one in five (16%) take the time to […]