The next few months could be the ideal time to make efforts to clear debt as one expert believes interest rates will remain low for a long while. Hetal Mehta, a senior adviser on economic matters to the Ernst &…
Continue reading the "Low interest rates ‘will last for a long time’" »
Now is the best time for a while for people to save their money, according to one price comparison website. Moneysupermarket.com stated that anyone with spare cash should be looking to put it away at the moment, with average interest…
A number of families in the UK are delaying booking their summer holidays because of concerns over their finances and debt management, a new report has suggested. Approximately 36 per cent of people who have not booked yet told Tesco…
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The latest Council of Mortgage Lenders statistics have been dubbed “encouraging” by one expert, who suggested he had not been anticipating them. According to the organisation, house purchase loans were up by 23 per cent to 45,000 in June, while…
Continue reading the "New mortgage lending figures are “pleasantly surprising”" »
Those that are struggling to pay their mortgages should be protected by the financial service authority, one expert has claimed. Peter Vicary-Smith, chief executive of consumer campaign group Which? stated that it is unfair that people who are already finding…
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First-time buyers (FTBs) are having problems getting on to the housing ladder at the moment due to the situation in the mortgage market, it has been suggested. According to broker Peter Cowell of Click n go Mortgages, those not looking…
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People in the UK could be wasting money this summer if they forget to turn appliances off at the socket before going on holiday, one organisation has suggested. Eon has estimated that a late summer could leave Britons who have…
Continue reading the "Brits are ‘wasting £22 million in energy’" »
Consumers would benefit from a large number of alternatives to high street banks, it has been suggested. Personal finance expert Rumina Hassam of uSwitch.com said that a wide choice gives people the ability to “vote with their feet”, which encourages…
Continue reading the "More choice for borrowers ‘is a good thing’" »
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