Poor credit rating ‘is not that bad’, says expert Individuals who find themselves with a poor credit rating have been urged to look around in order to secure the best loan deal, according the head of personal finance at The Motley Fool, an independent price comparison company.
Index says pensioners ‘left with less’ Due to the cost of household bills increasing at a faster rate than the state pension, pensioners are seeing a drop in their disposable income, latest figures have shown.
London boroughs proving ‘pricy’ for insurance The boroughs of Camden and City of Westminster in London are the most expensive areas in the UK for home insurance premiums, according to price comparison website, moneysupermarket.com.
Over two months to clear Xmas debts Paying off debts associated with Christmas, such as purchasing presents, food and decorations, is taking over two months to settle on average, according to MoneyExpert.com.
Brits looking for Xmas sun, says Sainsbury’s Bank More than one in ten people in the UK are planning on taking a trip abroad over the festive period, with Europe proving to be the most popular intended destination, says Sainsbury’s Bank travel insurance.
Housebuyers spending billions on IHT and stamp duty With stamp duty levels currently failing to match the rise in property prices in the UK, homebuyers are facing a collective bill of billions of pounds in inheritance tax (IHT) and stamp duty to the Treasury, says a new report.
Online security endorsed by Apacs To ensure that they do not fall victim to internet fraudsters this Christmas, online shoppers have been encouraged to register with anti-fraud services by the payments association, Apacs.
Ethics determining Xmas gifts, says study Over half of residents in the UK have stated their intention to bear in mind ethical concerns in terms of planning for the Christmas period, according to Friends Provident.
Lenders give the green light to mortgages A derelict church or a new timber chalet might sound attractive to an adventurous homeowner but mortgage lenders have traditionally steered away from unconventional properties.
Crackdown on those working here and there Not many people feel sorry for City high-fliers earning six-figure salaries and often even bigger bonuses. But one place where this small but high-profile group is particularly unlikely to get much sympathy is HM Revenue and Customs.
Pressure on to stem the outflow of investors Pension companies have been adding more top-name fund managers to their personal pensions as they seek to slow the outflow of investors who are turning to the wider freedoms of self invested personal pensions
Rent-a-room scheme gives first-time buyers a leg up As lenders look for increasingly innovative ways to help cash-strapped buyers onto the property ladder, Stroud & Swindon is now offering larger loans to people willing to share their property with a couple of flat-mates.
ISA holders given freedom to switch cash into equities Savers who have built up billions of pounds in cash individual savings accounts (Isas) are set to be given new freedoms to switch their money into higher-risk stocks and shares Isas without losing their tax benefits.
Even a dream island is not always ‘home’ for wealthy Glance at the list of the richest people in the UK and you will spot a trend. Many of the most prominent British millionaires and billionaires, such as Roman Abramovich or Lakshmi Mittal, were either not born here or do not spend much time in the country.
Get fit for the slopes with an essential exercise It’s not always easy staying upright when you’re skiing. However experienced you may be there is always the chance that the next flashy but inept skier passing by could knock you off your skis. And if you’re hurt the costs could spoil more than just your
Investors protest at FSA lifting caps on fund charges Investors in funds such as Oeics and unit trusts are lashing out at rules introduced by the FSA, which are allowing fund management groups to scrap maximum limits on fund charges, raising fears that further fee rises are on the way.
The dangers of ending up in a half-baked plan Every week hundreds of investors are ditching personal pensions managed by life assurance companies and opting for the wider investment freedoms of self-invested personal pensions.