Money Saving News for September 2009
- Sainsbury's: 'Students should not neglect home contents insurance' - 23rd September, 2009
Those heading off to university this month to begin or continue their higher education studies may be more concerned with partying than sorting out their finances, but supermarket chain Sainsbury's has warned them to make sure home contents insurance is in place.
Research by the firm found that the average student 'digs' has £3,548-worth of equipment in it, from TVs and iPods to laptops and DVD players, which makes university accommodation and shared housing ripe for thieves... - E-ON alters utility bills policy - 23rd September, 2009
Energy giant E-ON has changed the way it is to charge customers on a cash or cheque payment method and will now only offer monthly utility bills instead of quarterly.
The alterations will take place with immediate effect and according to Confused.com, the move is simply an attempt on E-ON's part to improve its cash flow in the current economic climate... - Make home mortgage overpayments, urges website - 23rd September, 2009
A financial advice website has claimed that home purchase loan customers who are on a tracker deal should be using the current low mortgage rate environment to shorten the lifetime of their debt.
According to Unbiased.co.uk, 53 per cent of tracker mortgage borrowers are still not making overpayments, even though the Bank of England's base rate is into its seventh month at 0.5 per cent... - Travellers take advantage of discount voucher codes - 21st September, 2009
Those hoping to escape the UK as the colder weather begins to set in are turning to discount voucher codes which are being offered by various travel firms and websites.
Theme parks, hotels and airlines are all getting in on the trend for discount voucher codes, unique combinations of letters and numbers which allow online shoppers to get money off when they come to check out... - BT to offer cheap bargain deals - 21st September, 2009
Telecommunications giant BT will now be free to offer its customers cheap bargain deals after the industry regulator Ofcom removed a regulation which previously stopped it from doing so.
The deregulation means that BT customers can now take advantage of 'bundles', which are packages offering different combinations of services such as telephone, digital TV and broadband, for a discounted price... - Students turned into investment managers - 21st September, 2009
A new scheme launched by ifs Student Investor is to see groups of school children compete against each other in trying to make the most money by placing it into the stock market.
The finance education charity hopes to turn up to 40,000 youngsters taking part in the 2009/10 competition into investment managers by encouraging them to put an imaginary £100,000 into companies on the FTSE 100 over a four-month period... - Home contents insurance recommended for cyclists - 18th September, 2009
With bikes becoming all the rage at the moment thanks to concerns about global warming, one home contents insurance firm has warned that thieves may be on the lookout for the items this month.
Home Office statistics show that bike theft in the past few years has been 29 per cent higher in September than the overall average and M&S Money puts this down to the number of students who will be returning to city universities in the coming weeks... - Orange and T-Mobile merge - 17th September, 2009
UK Mobile phone companies Orange and T-Mobile have announced that they are to merge into one entity, prompting concerns about whether the deal will see cheap bargain deals being offered to consumers.
The amalgamation will make the joined firm the largest on the UK market with 28.4 million customers, beating current biggest shareholder O2 by ten per cent to take 37 per cent... - Customers flock to HSBC for cheap mortgage rates - 17th September, 2009
Banking giant HSBC has announced that it is seeing an increase in customers looking for a home mortgage with the company since launching its market-leading discount loan.
On September 1st, the firm announced that customers could take advantage of a 1.99 per cent discount mortgage providing they can afford the 40 per cent deposit and upfront arrangement fees of £1,199... - Woolwich cuts mortgage rates - 16th September, 2009
Those looking for a home mortgage deal which comes with a low interest rate may be interested in new deals being introduced by Barclays subsidiary Woolwich.
In a move which sees its mortgage rates reduced for the second time this month, the group is changing interest levels on some of its fixed-rate deals while also adding a new tracker loan to its portfolio...