Investment

Investment

September 11, 2009

Offset Borrowers Need Insurance As Winter Looms

Regardless of what type of mortgage you have, if you do not have the right home insurance as winter looms you may end up paying out thousands in weather-related repairs.
With winter comes floods, storms and freezes and unfortunately they all bring disaster to many homes up and down the country. Many Brits awake on cold [...]

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July 2, 2009

Brits Becoming Serious Savers

This spring, the amount the population is saving is higher than ever according to National Savings & Investments, proving that in the downturn saving is the very best practice.
On average, NS&I found that Britons are setting aside £92.41 each month, up from £90.12 in winter 2008. Those who regularly save are also putting away £209.23 [...]

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January 30, 2009

Save Any Way You Can

In these difficult times, if you have a offset mortgage, you have to do everything you can to find ways to save the pennies – because the pounds will follow.
According to Abbey, people are saving already – over half of Britons have cut back on eating out, and more than four in ten have reduced [...]

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December 17, 2008

Money Gifts Add To The Savings Pile

More Brits are hoping for money this Christmas in order to add to their savings rather than spend.
New research from Halifax has shown that more than a third of Britons intends to send money as a gift this Christmas – and for those who want to receive cash, one in ten will save all money [...]

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December 5, 2008

95% Wary Of Saving Security In The Wake Of The Crunch

Nineteen out of 20 people are more wary of the security of their savings in the wake of the credit crunch.
It’s survey found that 45% of people now say the security of the provider should be the most important factor for them, while 47% say the interest rate is paramount. Six months earlier, 66% of [...]

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November 29, 2008

Savers Miss Out While Offset Shines

Those putting their money into regular savings accounts are yet to feel the rate cut benefits, but offset savers are already enjoying reductions.
According to Moneyfacts, saving rates have been hiked on just 22% of variable rate savings products, with most providers opting to cut their rates by 1.50% cut or more in the wake of [...]

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November 25, 2008

Darling Cannot Forget Savers

The Association of British Insurers is calling on the Chancellor to recognise the value of savings to individuals and to the economy as a whole today.
The ABI predicts that Darling will announce in his Pre Budget Report measures designed to increase spending and consumption, it says he must also recognise the value of saving [...]

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November 24, 2008

Savers to get Iceland Savings Back

UK savers are owed £2.2bn by Iceland – but the country has finally agreed to reimburse Brits.
The Treasury has stepped in to guarantee British deposits in collapsed bank Icesave, but as yet not all of the money has been returned.
But UK savers should see their savings come back to British shores as the International Monetary [...]

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