Nearly five million Brits rely on
credit cards to pay their household bills according to new research from moneysupermarket.com. Furthermore, 2.5 million people also use their credit card(s) to withdraw money – potentially costing them around £90 million a year in total.
The research found that, whilst over half of Brits (55%) use ...
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- Thursday, May 27, 2010, 12:15
- Featured, Loans, Mortgages
New figures from the Council of Mortgage Lenders show that the number of house purchase
loans in Scotland during Q1 2010 matched the rest of the UK by falling.
Such loans fell by 33% in Scotland, from 14,400 (worth £1.6 billion in the last three months of 2009) to 9,700 (worth £1.1 billion in the ...
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- Wednesday, May 26, 2010, 13:02
- Featured, Mortgages
Yorkshire Building Society has launched a new range of
mortgages that are aimed at
first time buyers.
All three mortgages in the range come without any upfront fees, £500 cashback, and loans up to 85% of the value of property.
With typical house prices for first-time buyers now standing at around £155,000, Yorkshire ...
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Football fans planning on heading to South Africa for this summer’s World Cup have been warned by Santander that they could be hit by punitive exchange rate fees in the country because of the Rand restriction that is in place.
Anyone travelling into or out of South Africa is only allowed to take up to 5,000 ...
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Research released by unbiased.co.uk indicates that Brits are more comfortable in seeking advice on issues such as household repairs and haircuts than on their finances.
When asked which areas of their lives they would be happy to seek professional advice on, 60% of respondents stated household repairs such as ‘fixing or repairing their car’, ...
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- Friday, May 21, 2010, 13:59
- Featured, Personal Finance
The Finance and Leading Association (FLA) have warned car buyers that they run the risk of committing finance fraud – a very serious crime – if they provide false information in a finance application or sell a car which has outstanding finance. The warning comes after the FLA released figures that suggest that ...
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- Thursday, May 20, 2010, 10:59
- Credit Cards, Featured
Moneysupermarket.com has released research into the wide range of transactions that are treated as cash withdrawals by
credit card providers. The research shows that all of the UK’s major credit card providers treat all forms of gambling activity involving a credit card as a cash withdrawal.
This means that any consumer who uses ...
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- Wednesday, May 19, 2010, 15:43
- Debt Management, Featured
Debt charity Consumer Credit Counselling Service (CCCS) is calling on employers to support any staff with
debt problems after experiencing a sharp rise in calls to its helpline. Over 93,000 people called the CCCS helpline for help with their debts in the first three months of 2010 compared to 69,432 for the same period last year.
The ...
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With inflation now standing at 3.7%, new analysis from moneysupermarket.com shows that since December of last year, a higher rate tax payer with a savings pot of £30,000 would have seen the value of those savings depreciate by over £200, with standard tax payers losing up to £121.
To counter the rise ...
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- Friday, May 14, 2010, 10:52
- Featured, Mortgages
Santander has reduced its two-year
fixed rate mortgages by up to 0.14% across its main range.
The new rates are as follows:
A two-year fixed rate package at 3.24% with a £995 fee, available up to 70% LTV (loan-to-value) for all borrowers.
A two-year fixed rate package at 3.39 per cent with a £799 ...
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