- Monday, November 23, 2009, 17:43
- Debt Management, Featured, Mortgages
The number of private homes in England that have been empty long-term has risen above 300,000, according to the latest annual Halifax Empty Homes survey.
Looking at
private homes that have been vacant for more than six months, the report shows that the number exceeded 300,000 in 2008 for the first time in ...
Full story
- Monday, November 23, 2009, 16:46
- Debt Management, Personal Finance
A new survey from consumer advice group, Which? suggests that the UK's banks could yet be flooded with another 8 million
bank charges claims.
The figures show that, of around 12 million people that have been hit with bank charges since July 2001, over three in five (63%) haven't asked for their money back.
In January 2008 the UK's leading
high street banks and OFT ...
Full story
The Queen's Speech was delivered at 11.30am on Wednesday 18th November 2009 as part of the State Opening of Parliament. Personal finance and poverty commentators were quick to voice their response to the proposals announced.
Commenting on the detailing of plans for a new National Money Guidance Service, Citizens Advice's Head of Press & Public Affairs, John Ludlow said:
"Of the new measures announced, we warmly ...
Full story
- Friday, November 20, 2009, 18:09
- Household Finances, Personal Finance
Britain is facing extreme weather conditions, with 92 flood warnings currently in force across England and Wales. And as water levels rise, so too does the cost to drivers.
Following the massive floods that hit Britain in 2007, it is estimated that over £35m was paid out by
UK insurers for cars either caught ...
Full story
A new study suggests that almost half of Britons (44%) are interested in finding out about the ethical credentials of the next
financial product or service that they buy.
The national online consumer survey, conducted by Ipsos MORI on behalf of non-profit research organisation EIRIS, was commissioned to explore post credit-crunch attitudes to ethical finance. The survey found that three-quarters of those interested in finding ...
Full story
- Thursday, November 19, 2009, 15:23
- Featured, Mortgages
New figures released today by the Council of Mortgage Lenders (CML) show that gross
mortgage lending reached an estimated £13.5 billion in October, a 5% rise from £12.9 billion in September but down 27% on £18.5 billion in October 2008.
According to the CML, this is "typical seasonal activity between September and October", as the ...
Full story
- Wednesday, November 18, 2009, 15:03
- Featured, Savings and Investments
Are your savings are inflation proof? As inflation rates have increased for the first time since February this year, a new report is warning savers to check their
savings products' rates to make sure they don't get eaten away by
inflation.
The moneysupermarket.com report explains that basic rate tax payers will need an interest ...
Full story
- Wednesday, November 18, 2009, 14:57
- Debt Management, Savings and Investments
New research from The Co-operative Bank Current Accounts has revealed the nation's current attitudes to money, and broken them down by region.
The findings show the average person in Britain has £3,492 in
savings, but actually dreams of having an amount that is 188 times higher at £656,723. People in East Anglia wish for £868,000 on average, whereas people from the North East would be ...
Full story
- Tuesday, November 17, 2009, 17:09
- Mortgages
The National Lottery has now been running for 15 years, creating over 2,300 jackpot millionaires. Now, research from HSBC has revealed that 43,400 'property millionaires' were created in the same period.
HSBC analysed Land Registry data in England and Wales relating to million pound
property sales over the past 15 years.
According to the ...
Full story
- Tuesday, November 17, 2009, 17:04
- Featured, Mortgages
The popularity of
fixed rate mortgages continued to rapidly decline in October, according to the latest John Charcol Index, which tracks the percentage split between Fixed rates,
Capped rates and
Tracker or
Discount rates; between Purchases,
remortgages and product transfers; and of
first time buyers compared to all Purchasers.
The ...
Full story
