Archive for February, 2007

Lower market pressure “hardly surprising”, says Moneyextra

Monday, February 26th, 2007 Posted in News | Comments Off

January's surprise base rate rise has had a good effect on homebuyers and mortgage payers, it has been claimed.Moneyextra has stated that this hike, in addition to November's, has led ... Read more..

Five-year low for house price gains

Thursday, February 22nd, 2007 Posted in News | Comments Off

The monthly rate of house price increase has slowed to its lowest amount in five years, it has been announced.And higher interest rates could be to blame, reports the Daily ... Read more..

52 years - the length of a mortgage, say experts

Thursday, February 22nd, 2007 Posted in News | Comments Off

House buyers are choosing to take as long as 52 years to pay off their mortgage in order to make their monthly repayments more affordable, a financial body has stated.A ... Read more..

Halifax: More than 110,000 accounts ‘lost’

Thursday, February 22nd, 2007 Posted in News | Comments Off

Some 110,000 unused Halifax Bank of Scotland (HBOS) bank accounts are holding as much as £44 million, according to the national bank.While 75 per cent of forgotten HBOS accounts contain ... Read more..

Give up spending for lent, says expert

Thursday, February 22nd, 2007 Posted in News | Comments Off

Consumers should be considering giving up unnecessary spending over lent - and taking up saving, a financial comparison site has stated.Britons are spending an average of £15 per week on ... Read more..

Impact of supermarket banks assessed up by finance group

Thursday, February 22nd, 2007 Posted in News | Comments Off

A decade on from the introduction of supermarket banks, one financial body has declared that the concept has failed to capitalise on the credit card and savings market.A report from ... Read more..

Zopa: Public should make banks work for profits

Thursday, February 22nd, 2007 Posted in News | Comments Off

Consumers should be making banks work for their "excessive" profits and put them on the spot more, a financial marketplace company has claimed.In 2006, each UK household paid an average ... Read more..

Lack of pocket money ‘leads to better savings’

Tuesday, February 20th, 2007 Posted in News | Comments Off

Some 50 per cent of parents are choosing not to give their children spending money each week, instead saving the cash for the future, new findings have indicated.Figures released by ... Read more..

‘Brits own £2,000 worth of clothes’

Tuesday, February 20th, 2007 Posted in News | Comments Off

The wardrobe contents of 25 per cent of Britons add up to over £2,000, according to a home insurance provider.Furthermore, six per cent of the population own clothes worth over ... Read more..

‘11,700 today worth £1 million in 1907′

Tuesday, February 20th, 2007 Posted in News | Comments Off

Over six million people in the UK today enjoy a 1907 millionaire's life, new statistics have shown.A hundred years ago, £11,700 was worth as much as £1 million today, highlighting ... Read more..