The levels of older Brits suffering economic difficult is “worrying and shameful”, it has been argued. A spokesperson, speaking on behalf of the charity Age Concern said the authorities should be doing more to help pensioners in the UK. He…
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Lending for potential property purchasers seems to be showing signs of stability, one expert has suggested. Head of savings policy at the Building Societies Association Brian Morris said that while borrowing is still at “historically low levels”, it exhibited a…
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First-time buyers should carefully consider shared ownership schemes before taking the plunge, one expert has suggested. Spokesperson for affordable housing lobbying organisation PricedOut.co.uk Katy John said some developers may be “desperate” to sell flats under these types of initiative and…
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People in the UK are starting to reduce the amount of non-mortgage debt they owe, new research has suggested. A survey by comparison website moneysupermarket.com has found that 40 per cent of individuals who owe money have reduced the amount…
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Proposals which will establish draft regulations for the Consumer Credit Directive could help protect people from bad practice on the part of creditors, one expert has suggested. Under the new plans, lenders must ensure individuals are fully aware of the…
Consumers are being hit by relentless price increases on tax and oil and the government should change its policies to remedy the situation. That is the opinion of Paul Biggs, environment spokesperson at the Association of British Drivers, who said…
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People looking for the best rates on their mortgage may have to take a gamble on either a fixed-rate or tracker deal, one expert has suggested. Darren Cook, head of mortgages at financial comparison site Moneyfacts.co.uk, said that traditionally fixed-rate…
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People are no longer suffering the panic of last year’s financial crisis and are now concerned with the amount of interest they are getting on savings accounts, according to one expert. Pierre Williams, head of research at financial comparison site…
Continue reading the "Savers ‘looking for more than guarantees’" »
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