- Wednesday, September 2, 2009, 11:36
- Featured, Household Finances
As the
economic downturn continues to put strain on
Britons’ finances, the number of people planning to buy a car has dropped to its lowest number since launch of Sainsbury's Finance Car Buying Index in March 2003.
The Sainsbury's Finance Car Buying Index tracks the number of people planning to purchase a car on ...
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- Monday, August 3, 2009, 14:30
- Debt Management, Mortgages
Twelve firms offering sale and rent back services – where a company
buys a person’s home at a discounted rate, but allows them to continue living in it as a tenant – have agreed to change their adverts or take down their websites completely after the Office of Fair Trading challenged some of their statements made to consumers.
The sale and rent back market has ...
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- Monday, August 3, 2009, 9:53
- Household Finances
The last quarterly British Insurance Premium Index from the AA has revealed a picture of soaring
insurance costs in the quarter running April-June 2009.
The index, which tracks car and home insurance quoted premiums across a range of providers and customers in the UK is considered a robust indicator of UK premium trends.
The latest figures reveal that comprehensive car insurance premiums are rising at their ...
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- Friday, July 24, 2009, 14:08
- Featured, Mortgages
There has been a dramatic fall in the availability of
mortgage products, according to a new report from moneysupermarket.com.
Despite recent hints at the ‘green shoots' of recovery in the housing market, some mortgage types are virtually extinct. According to the report, the
tracker mortgage market has been the worst hit, with the number ...
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If you’re sick of hearing about the gloomy state of the economy and how basically we’ll all be on the breadlines in a few months, you’re not alone. But lo! There is some good news to shine a little cheer on the cold New Year: consumer groups are predicting a 10-15 per cent drop in energy prices over the coming months.
Hopes were raised yesterday when ...
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- Thursday, December 4, 2008, 13:24
- Interest Rates, Mortgages
House prices across the UK fell by the sharpest drop in 25 years during November. According to figures released by Halifax today showed a 2.6 per cent fall in November compared with October; double the 1.3 per cent drop experienced two months ago in September.
The national average price for a home now sits at £163,445, bringing prices equal to those last seen in July 2005.
Many ...
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- Monday, November 17, 2008, 15:43
- Personal Finance
Mike Perham departed Portsmouth on Saturday morning in TotallyMoney.com as he set sail after months of preparation in his bid to become the youngest person to sail solo around the world.
Hundreds of well-wishers turned out to bid Mike Farewell and show support on what was a very exciting day for the 16 year old. In ...
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Within the last couple of months, the six major energy providers in the UK have implemented price rises in response to the rising cost of wholesale gas. As a result, the average amount spent on energy bills each year has risen by 38%.
Currently in the UK, over 4 million homes live in fuel poverty, which is the term used to describe households where more than ...
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- Tuesday, July 1, 2008, 17:17
- Personal Finance
Consumer confidence in the current UK economy is at the lowest level since the end of the last recession in 1992. And with families increasingly feeling the pressure of rising utility, food and mortgage costs, confidence in the future of the UK economy has plummeted to levels not recorded for 26 years, in 1982.*
With consumers feeling the pinch from all sides, it’s no surprise that ...
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- Thursday, June 26, 2008, 12:26
- Personal Finance
It was around this time last year that the first rumblings began emerging from the international markets of serious problems with the US sub-prime mortgage market. Many of us have felt the resulting effects of tightened credit conditions, and it’s far from over – in fact, it appears that things are still getting worse.
The British Bankers Association recently reported that the number of new mortgage ...
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