Archive for February, 2010

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Insurance hikes for social media users predicted

Insurance hikes for social media users predicted
People who use social media sites such as Facebook and Twitter could eventually face price hikes of as much 10% in their home insurance premiums, confused.com has warned. The website PleaseRobMe.com recently highlighted the issue and dangers of people letting criminals know that they’re not at home on social media ...
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Ghost customers slip through energy bill net

Ghost customers slip through energy bill net
Research carried out by moneysupermarket.com indicates that Britain has almost two million ‘ghost’ households when it comes to energy bills, with people either not paying for their gas or electricity or leaving a property without paying for it. The survey found that almost one million households (4% of the total households in Britain, according ...
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21 years of fixed rate mortgages

21 years of fixed rate mortgages
It is now just over 21 years since the launch of the fixed rate mortgage, with Halifax publishing research into the product to coincide with the anniversary. Fixed rate mortgages were launched in the late 80s by Halifax, and CML figures show that by 2009, 68% of new mortgage lending was on fixed ...
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Fit for work?

Fit for work?
People off work are set to get the support that they need to get back to work earlier through the introduction of the fit note, in place of the traditional sick note. The fit note reflects medical evidence that work is generally good for health and well-being and can aid recovery for ...
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Post Office launches new range of 75% LTV mortgages

Post Office launches new range of 75% LTV mortgages
The Post Office has cut the rates on its fixed and tracker mortgage products for the second time in a month. The changes come into effect immediately and coincide with a new range of 75% loan-to-value (LTV) mortgages that the Post Office is launching. The previous rates cuts were made at the end of ...
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ISAs – the last ten years

ISAs – the last ten years
Research released by Halifax has revealed that the number of Individual Savings Accounts (ISAs) in the UK has risen by 53% since 1999/2000 to 14.2 million, and that over a third (37%) of households now has an ISA. The research also shows that ISA saver growth is ...
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Parents disagree with plans to cut Child Trust Funds

Parents disagree with plans to cut Child Trust Funds
Conservative Party plans to cut the Child Trust Fund (CTF) are opposed by the majority of parents, according to research from Family Investments. CTFs offer a way for parents to save for their child. Money can be added to the account each year, but cannot ...
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32% decline in gross mortgage lending in January

32% decline in gross mortgage lending in January
Gross mortgage lending has continued to decline in 2010 according to the Council of Mortgage Lenders (CML). Figures show that lending came in at £9.1 billion in January, a 32% fall from £13.4 billion in December and a 21% fall from £11.5 billion in January 2009. A decline is typically experienced between December and January. ...
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Fathers unsure of flexible working rights

Fathers unsure of flexible working rights
Flexible working is becoming increasingly important to fathers who wish to look after their children, according to new figures published by The Department for Business, Innovation and Skills (BIS). More than half (56%) of dads surveyed with children 16 and under said that they would look for an employer who offers flexible working when choosing a new ...
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Innovation needed to shake up housing market

Innovation needed to shake up housing market
Better deals for house buyers and sellers could be secured through a shake-up of how homes are sold, including updating legislation and allowing new entrants into the market, a report by the OFT has claimed. The study found that the housing market remains dominated by traditional estate agents with weak competition between them ...
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