Money Saving News for April 2009
- Brits 'waiting for cheap bargain deals on houses' - 16th April, 2009
Many Brits believe that cheap bargain deals on houses may be just around the corner, according to research released by First Direct.
The bank conducted a poll which reveals that 15 per cent of people in London are waiting to buy a house as they think that house prices will fall further... - HSBC offers basic bank accounts for early students - 16th April, 2009
Basic bank accounts in the UK for students offer many advantages such as direct debit and standing order facilities. With the launch of its new Early Bird student bank accounts, HSBC has decided to extend some of these privileges to younger customers as well.
The new accounts are available to students from the age of 17 and include facilities such as internet and mobile banking and a cheque book if required... - Money saving tips for financial spring clean - 15th April, 2009
Fairinvestment.co.uk has published a list of money saving tips aimed at helping consumers in the UK give their finances a spring clean as the warmer weather arrives.
The tips include shopping around for the best cheap bargain deals on savings accounts, something that just five per cent of Brits have tried, despite the recent falls in many savings account rates in the UK.
According to the website, making overpayments on a mortgage is another useful money saving tip that may help households beat the recession, by paying off their debts earlier than expected... - One-quarter of people save nothing, says Nationwide - 15th April, 2009
Nationwide Building Society has conducted research which reveals that one quarter of its customers have no money stashed away in savings accounts in the UK.
The financial services provider conducted a survey of saving habits which reveals that many Brits do not have any savings to fall back on, despite the increasing risk of redundancy during the recession... - Savings accounts in the UK 'hit a low' - 15th April, 2009
Savings accounts in the UK have hit a low, according to statistics published by Nationwide Building Society.
The savings account provider revealed that its Savings Index fell to 73 at the end of March, down from 101 last September.
Nationwide's Savings Index takes into account a variety of factors including the amount people save and the frequency with which they make deposits... - Cheap bargain deals popular at Yorkshire Building Society - 15th April, 2009
Cheap bargain deals are being snapped up at an ever increasing rate at Yorkshire Building Society, according to statistics released today.
The financial services provider revealed that its Offset Plus mortgage account had a record month in March, with more than double the number of people signing up compared to the same month last year.
Yorkshire Building Society claimed that the Offset Plus account has been particularly popular with parents wanting to help out their children with mortgage payments... - Bank decision "will be welcomed by savers" - 14th April, 2009
Analysts at Moneynet.co.uk have claimed that the Bank of England's decision to leave interest rates untouched will be welcomed by savings account holders in the UK.
The decision by the bank's monetary policy committee (MPC) means that the base rate of interest will remain at 0.5 per cent, which may persuade high street savings account providers to leave their rates untouched... - Car insurance provider warns of recessionary risks - 14th April, 2009
Drivers in the UK may face increased risks during the recession according to the car insurance provider Norwich Union, as many are tempted to hit the roads when tired.
Norwich Union's data shows that around ten per cent of auto insurance claims are due to accidents caused by driver fatigue and suggests that a recession-driven long working hours culture may increase this risk... - Veterinary pet insurance provider finds animals at risk in recession - 14th April, 2009
More Than Pet Insurance has conducted a survey which reveals that many animals may be at risk of suffering during the recession as pet owners cut back on their veterinary costs.
Over two-thirds of those surveyed by the pet insurance provider claimed they would not be prepared to cut back on luxuries such as dining out in order to pay for surprise vet's bills... - Money off gift vouchers offered to home movers - 14th April, 2009
Stagecoach is aiming to help people move house with a minimum of hassle by offering them money off gift vouchers for local busses.
The Stagecoach Home Movers campaign, which will entitle the lucky recipients to free bus travel on local networks, will initially be trialled in south Yorkshire...