Money Saving News for June 2009
- Ethical auto insurance offered by ibuyeco - 23rd June, 2009
Auto insurance firm ibuyeco has announced that motorists who take out cover with them can offset their carbon emissions through a donation to a green charity.
For every new customer and those renewing their auto insurance, ibuyeco will make a £5 donation to the driver's choice of one of three environmentally-friendly charities – the Woodland Trust, Borneo Orangutan Survival or The Converging World... - Mortgage advisers recommended for finding the best deal - 23rd June, 2009
Mortgage lenders have dealt a blow to borrowers who regularly meet repayments by offering better deals to those having difficulty doing so, but cheap packages can still be found using an adviser, according to one expert.
It has been reported that homeowners with negative equity due to the fall in house prices are being offered better mortgage options than those who have met repayments or first-time buyers looking for a new deal... - Business banking account announced by Alliance & Leicester - 22nd June, 2009
Small companies with a turnover of more than £1 million may be interested in a new business banking account from Santander member Alliance & Leicester.
The Free Business Current Account offers a market-leading interest of six per cent annual equivalent rate which is fixed for the first year, alongside no-fee cash deposits and day-to-day banking... - Cheap investments offered by Vanguard - 22nd June, 2009
Investment advice website Fool.co.uk has recommended those looking for cheap stock market options to take up Vanguards new index trackers.
The passively-managed investment funds are "ultra-low cost", according to the site, because any fees which normally go to the manager of the deals are not required... - Cheaper mortgage rates with higher LTVs - 22nd June, 2009
First time-buyers searching for a house in this difficult climate have been warned that they could be hit with higher mortgage rates on packages which require a smaller deposit.
Moneynet.co.uk found that someone wanting a five-year fixed-rate mortgage on a £200,000 property over 25 years could pay up to £14,000 more for an 85 per cent loan-to-value deal than a 75 per cent option... - Avoid hidden fees when using credit cards abroad - 19th June, 2009
A foreign exchange company has urged travellers to avoid using credit cards to make withdrawals from ATM machines abroad because hefty fees can often be applied.
Caxton FX explained that, with the pound performing better than the euro at the moment, holidaymakers can increase their savings on the continent by avoiding using credit cards abroad... - TD Waterhouse offers investment advice - 19th June, 2009
Investment advice firm TD Waterhouse has said that good dividends can be reaped from putting money into the stocks and shares of the mining industry.
Analysing performances from the last week ending on Tuesday (June 16th), the company saw several mining firms, such as Tower Resources and Xstrata, perform well for investments... - High interest savings bonds announced by Leeds Building Society - 19th June, 2009
Leeds Building Society has unveiled new high interest savings bonds for Brits looking to make the most of their money during the difficult economic climate.
The one, two, three and four-year fixed-rate savings bonds offer up to 4.05 per cent interest, a figure five times the Bank of England's base rate, and they can be opened with a minimum of £100... - Home contents insurance for workers - 19th June, 2009
With more businesses attempting to save money during the recession by allowing employees to do their jobs out of the office, Aviva has announced a new home contents insurance policy to meet requirements of the remote worker.
According to recent research by trends insight company Future Foundation, the number of people working from home for at least one day a week will rise to 25 per cent of the UK workforce by 2020... - New fixed-rate mortgages offered by Leeds Building Society - 19th June, 2009
Those currently looking for a fixed-rate mortgage with low interest may be attracted to some new packages announced by Leeds Building Society yesterday (June 18th).
The 75 per cent loan-to-value fixed-rate mortgage comes with 5.1 per cent interest locked until 2014 and the deal also offers no higher lending charge, free legal services for remortgagers and the ability for ten per cent capital repayments each year...