8.3% increase in food prices seen
September 25, 2008
Data from a recent BBC index has shown that since the start of this year food prices have increased by 8.3%. The biggest price increases were seen on meat and fish, which registered a rise of 22.9%. Fruit and vegetables also increased considerably in price, going up by 14.7%. Some individual food products were up [...]
Are banks sneakily raising interest rates on overdrafts?
September 25, 2008
According to a recent report a number of banks are raking in shed loads of extra cash by sneakily increasing the interest rates charged on overdrafts that have already been agreed with customers. Some customers are being hit with charges of almost 20% as a result of a change in the small print according to [...]
The Importance of Saving Money for the Future
September 24, 2008
Everyone has had a problem at one time or another of not have the necessary funds they need to deal with an emergency. When sometime happens, they then have to borrow from friends and family or even go to the bank to try to obtain a loan.
This then outs a strain on the financial situation [...]
Threshold on stamp duty exemption raised slightly
September 24, 2008
The government has recently confirmed that the threshold for exemption of stamp duty on the purchase of property is to rise by £50,000 on a temporary twelve month basis. At present the exemption applies to properties to the value of £125,000 but for the next year will apply to properties up to the value of [...]
Stamp duty rumours cause housing market to slow further
September 24, 2008
Over recent months the housing market has suffered numerous problems, and sales of properties in the UK have slumped to their lowest in decades according to some industry officials. There have been a number of factors that have affected property sales recently, and this includes falling house prices, tighter credit conditions, and higher deposit requirements [...]
Sizeable increase in building society deposits
September 23, 2008
According to a recent report there has been a sizeable increase in the level of building society deposits being made in the UK over recent months. It is thought that this is the result of better savings interest rates being offered by many financial institutions and the determination of many consumers to be more prudent [...]
Rise in the supply of rental homes
September 23, 2008
A recent report has shown that there has been a rise in the supply of rental properties in the UK, and this has been partly fuelled by a rising number of consumers decide to rent out their homes because they are unable to sell them due to the slump in the housing market.
The number of [...]
Learn How a Consolidation Loan Can Help You
September 23, 2008
Do you have monthly bills that have you stressed out because you don’t have the money to make the minimum payments by the due date? If you do, you are not alone. Many UK residents often find themselves in this type of financial crunch for various reasons. It could be because you have overextended yourself [...]
OFT thinks bank charges are unfair
September 22, 2008
The subject of bank charges has been dominating the financial headlines for over two years now, and many consumers claimed back their overdraft charges going back up to six years after they were branded unfair and unlawful by the Office of Fair Trading. All of this culminated in a High Court test case, which took [...]
Mortgage cuts will benefit those that are well off
September 22, 2008
Over recent weeks a number of mortgage lenders in the UK have cut the interest rates on some of their mortgage products, giving consumers hope that affordability may become a little easier. However, a recent report has suggested that these interest rates cuts are only going to benefit the well off, as most of the [...]


