- Friday, September 25, 2009, 12:31
- Energy
Ofgem's plans to tackle doorstep selling of
energy deals do not go far enough, according to new research from uSwitch.com.
The new report shows that almost 7 million UK households have taken out an energy deal on their doorstep or through a direct salesman and yet less than a quarter (22%) of people who have done so believe they got a good deal.
In fact, ...
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- Thursday, September 24, 2009, 16:32
- Debt Management, Household Finances
Millions of Brits are waking up to another day of
struggling to meet the cost of essential bills, according to new research from protection provider Bright Grey.
The report suggests that 12 million Brits are struggling, with 39% (bringing the total to 18.8 million) admitting that they would be in trouble if they had to find just £50 extra each month.
According to the findings of ...
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- Wednesday, September 23, 2009, 16:06
- Savings and Investments
Bradford & Bingley
Savings has announced the launch or two new savings accounts, open to both new and existing customers.
The first is a new 2 Year Fixed Rate ISA paying 3.75% AER. This account can be opened with a minimum balance of £1,000 for both new and existing customers via Bradford & Bingley online.
The ...
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- Wednesday, September 23, 2009, 16:05
- Mortgages
With
fixed rate mortgage rates remaining fairly static,
variable rates continued to be the preferred option for borrowers in August, according to the latest John Charcol Index, the monthly mortgage activity monitor from John Charcol, the independent
mortgage adviser.
The report shows that less than half of borrowers (41.9%) chose a fixed rate ...
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- Tuesday, September 22, 2009, 15:54
- Featured, Savings and Investments
Barnsley Building Society has increased the rate on its three year fixed rate
online savings bond to 4.70%.
The bond is available to new and existing customers with a minimum investment of £100, but can only be applied for online. Withdrawals or early closure is not permitted.
Sarah Lawrence, Senior Savings Product Manager at Barnsley ...
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- Tuesday, September 22, 2009, 15:51
- Debt Management, Featured, Mortgages
Half (53%) of borrowers on
tracker mortgages are not taking advantage of historic low interest rates to overpay on their
mortgage, according to new research from professional advice website Unbiased.co.uk.
The research shows that, of the tracker mortgage borrowers surveyed, just one in five (20%) have held repayments at the levels they were before ...
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- Monday, September 21, 2009, 15:29
- Featured, Mortgages
Nearly one in three
homebuyers have benefited from the increase in the residential stamp duty threshold, according to new research from
Halifax.
The lowest stamp duty threshold was temporarily raised from £125,000 to £175,000 a year ago, and is due to return to normal at the end of 2009. The report ...
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- Monday, September 21, 2009, 15:28
- Household Finances
Two thirds (69%) of British adults have no idea how much the contents of their wardrobes are worth, leaving them at risk of under-insurance, according to new research from
insurance provider Hiscox.
As London Fashion Week begins, the ‘Fashionable Finances' study reveals the average Brit spends almost £1,000 a year on their wardrobe. But for many, this figure is much higher with as many as ...
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- Friday, September 18, 2009, 14:10
- Featured, Household Finances
Almost one in four working Brits are contemplating escaping the UK economic blues and heading for a job overseas within the next two years (23%).
As part of its Money Moves campaign Foreign Currency Direct asked a GB representative sample of over 2,000 adults whether they were considering looking for a job abroad as a result ...
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- Thursday, September 17, 2009, 13:50
- Featured, Loans
The
personal loans market has shrunk by 37% in the last 12 months and rate have climber, according to new research from uSwitch.com.
According to the report, since the start of September, three unsecured personal loan providers have implemented rate hikes of up to 1.2% for new customers. This product ‘tweak', although seemingly small, could ...
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