Safe driving brings savings
July 31, 2006
Safe driving and staying out of accidents can bring in thousands of pounds of benefits over a lifetime, an insurer has claimed.
Someone who successfully drives without ever claiming on their insurance can save £10,000 over their lifetime, while even four years no-claims can save £203, Privilege Insurance said.
“The research shows that safe drivers are saving [...]
New Nationwide deal offers enhanced home insurance cover
July 28, 2006
Nationwide has launched a new home insurance deal which gives enhanced cover as standard.
The building society claims that customers going for this deal could save over a £100 by taking up the offer.
“Our new home insurance provides better cover as standard and we are so confident with this that we are offering a one month [...]
Competitive mortgage tracker deal from A&L
July 28, 2006
Alliance & Leicester (A&L) has introduced a new competitive mortgage tracker deal and a new fixed-rate offer.
For those seeking to remortgage their home, they can take advantage of a two-year base rate tracker, which is Bank of England Base Rate minus 0.16 per cent for two years.
“Our remortgage two-year base rate tracker deal is extremely [...]
Football fans show faith in savings
July 28, 2006
At least 70,000 football fans are following their teams from the pitch to the bank.
Latest figures from Britannia show a 14 per cent increase in the take up of “save and support” accounts with 12 clubs within the past 18 months.
Tim Franklin, Britannia’s managing director of member business, commented: “It is hard to encourage people, [...]
Consumer credit confidence rises
July 27, 2006
British consumer credit confidence rose during the second quarter of the year, according to the latest research from CreditExpert, the online credit monitoring service from Experian.
The index of consumer confidence is based on whether members of the public are comfortable with their level of debt and whether they intend to borrow more money in the [...]
Movers urged to consider mortgages
July 27, 2006
Whether Britons are moving or looking to improve their home, they ought to look at their mortgage options to save themselves money, an expert has warned.
Louise Cuming, head of mortgages at moneysupermarket.com, said that a remortgage at the same time as moving or doing DIY can save thousands even after paying the penalty charges.
“Remortgaging to [...]
MoneyExpert advises customers over current accounts
July 26, 2006
Financial advice site MoneyExpert has advised customers to be vigilant over the current accounts they take up, stating that almost two-thirds pay one per cent or less interest when borrowers are in credit.
Average rates on existing accounts in the UK, according to the organisation, are 1.2 per cent and 47 products pay only 0.1 per [...]
UK homeowners move 2.6 times during home ownership
July 26, 2006
People in the UK move house an average of 2.6 times throughout the course of home ownership, the Royal Bank of Scotland (RBS) claims.
The bank’s offset mortgage research finds that homeowners in Greater London are the most likely to stay in one place once they have found a home, with one in five not moving [...]
Halifax notes changing patterns in credit card spending
July 26, 2006
Credit card provider Halifax has published a report noting changing habits in spending in the UK, particularly relating to entertaining at home or in the garden.
The bank reports that the proportion of credit card spending that went on food and drink for consumption in the home increased by seven per cent last week, while eating [...]
Travel insurance “ignored” by 2.24 million
July 26, 2006
Some 16 per cent of people who are planning on taking adventurous holidays this year will do so without insurance, according to a report by insurer AXA.
This means that around 2.24 million individuals will be indulging in activities from scuba diving to snowboarding to kayaking without being insured.
If a traveller in a foreign country were [...]



