A guide to saving
Saving money is an important part of budgeting, as circumstances can change and it is vital to have a financial safety net if this happens.
However…
Retirees overestimate value of state pension, research shows
Over 15 per cent of people who are planning on taking retirement in 2015 will be doing so with only the state ?pension as a means of support…
Continue reading the "Retirees overestimate value of state pension, research shows" »
Disreputable debt management companies exposed by FCA
Customers at three Lichfield-based debt management firms are being urged to get expert advice after the companies were found to have failed to comply …
Continue reading the "Disreputable debt management companies exposed by FCA" »
CML: Mortgage arrears and repossessions fall
The number of people falling into arrears with their mortgage repayments fell during the first quarter of 2015, according to data provided by the Coun…
Continue reading the "CML: Mortgage arrears and repossessions fall" »
Debt consolidation most common reason for personal loan applications
The most common reason for people to take out a personal loan – cited by 27 per cent of consumers – is to consolidate existing debts, according to a r…
Continue reading the "Debt consolidation most common reason for personal loan applications" »
Savings balances reduced as consumers dip into reserves, research shows
The average savings balance over £1,000 has fallen significantly in the first quarter of 2015, compared to the fourth quarter of 2014, according…
Continue reading the "Savings balances reduced as consumers dip into reserves, research shows" »
One year on: MMR leaves many borrowers trapped in ‘mortgage prison’
?It's now been one year since the Mortgage Market Review (MMR) came into effect, and in the space of just 12 months, millions of Brits have been a…
Continue reading the "One year on: MMR leaves many borrowers trapped in ‘mortgage prison’" »
1 in 3 borrowers now paying off their mortgages in their 60s and 70s
Around 35 per cent of all mortgage borrowers will carry on paying off their debts well into their late 60s and 70s, a new report from the Council of M…
Continue reading the "1 in 3 borrowers now paying off their mortgages in their 60s and 70s" »