Money Saving News for January 2010
- Moneysupermarket.com claims mortgage numbers have increased - 21st January, 2010
A website has claimed that the number of mortgage products on the UK market has surpassed 2,500 for the first time since May 2009.
Moneysupermarket.com, which provides consumers with loan information and advice, found that the amount of mortgage products has risen for the third successive month... - Report claims only two per cent of people intend to get a personal pension plan - 20th January, 2010
A debt management company has warned consumers that neglecting financial safeguards like pensions and insurance is not the solution to debt problems.
Gregory Pennington's advice follows a recent report by HSBC which claimed that only two per cent of people intend to take out a personal pension plan in the next year... - Website reveals loan rates are falling - 20th January, 2010
Moneysupermarket.com claims that personal loan rates are beginning to fall.
The website, which provides consumers with loan information and advice, revealed that the average rate of the top ten loan deals had sunk to 8.35 per cent... - Illegal lenders 'should never be approached' in cheap loans quest - 19th January, 2010
Britons searching for cheap loans have been strongly advised to avoid approaching illegal lenders.
New research, conducted by thinktank the Financial Inclusion Centre and published by Circle Anglia, has suggested that as many as 100,000 UK consumers attempted to secure deals from loan sharks over the recent festive period... - New First:utility tariff 'ideal' for central heating cover customers - 19th January, 2010
Central heating cover customers could save as much as £20 per year by selecting a new energy tariff, it was suggested today (January 19th).
According to research by Confused.com, the cheapest basic deal for households at present is npower's Sign Online 17 tariff, which should offer average annual fuel bills of £907... - Insurance claims hamper car loan customers - 18th January, 2010
An insurance company has revealed nearly a quarter of young drivers who have only had paid lessons have suffered an accident that required an insurance claim.
According to research by Aviva, a lack of experience amongst car loan customers means they are often at risk of being injured or killed on the roads... - Sipp pensions offer 'key advantages' for savvy Britons - 15th January, 2010
Self-invested personal pensions (Sipps) are perfect for Britons who like to take control of their own investments, one expert claimed yesterday (January 14th).
Tom McPhail, head of pensions research at Hargreaves Lansdown, compiled a list of the ten biggest mistakes people make when considering their approach to securing a pension... - Balance transfer credit cards ideal as 'loyalty is pointless' - 15th January, 2010
Balance transfer credit cards should be at the forefront of Britons' minds as staying with providers for any great length of time is inadvisable, it was suggested yesterday (January 14th).
As many households attempt to come to terms with their debt hangover from the expensive Christmas period, securing cheap credit is taking on ever-growing importance... - Winter claims rising rapidly, central heating cover customers are told - 14th January, 2010
Britons have made three times as many emergency home insurance claims during the winter compared to the summer months, it emerged today (January 14th).
In news which will be of concern to central heating cover customers, M&S Home Insurance claimed that the freezing conditions have led to a marked increase in incidents... - Cheap loans customers 'should move fast' to pay off debts - 14th January, 2010
Britons looking to take out cheap loans should be aware that low interest rates may not last for much longer, it was suggested yesterday (January 13th).
Writing for the Independent, Hamish McRae claimed that it is "utterly abnormal" to prevent savers from making substantial returns with the current 0.5 per cent base rate...