Archive for the ‘ Financial Advice ’ Category
December 18, 2009
- First-time buyers hit lowest level
The proportion of first-time buyers purchasing property fell to its lowest level for a year during November, research has shown. (…)
December 17, 2009
- Cheques to be phased out by 2018
Cheques will be phased out by October 31 2018, the UK's Payments Council has said. (…)
December 14, 2009
- State pension freeze saves up to £350m
The pre-Budget report pledge to raise the state pension will not apply to some parts of the pension - potentially saving the Treasury 350m pounds in 2010/11. (…)
December 7, 2009
- Rate predicted to stay on hold
The Bank of England is unlikely to deliver an early Christmas present to the economy as experts predict no-change in this week's monetary policy meeting. (…)
December 4, 2009
- Annuity rates at record lows
Pension incomes for new retirees have nearly halved during the past 15 years as annuity rates have hit record lows, research showed. (…)
November 30, 2009
- Visa Electron cards to be phased out
A card payment service commonly used by customers to avoid high transaction charges when booking flights is being phased out by two major providers. (…)
November 27, 2009
- More pension schemes set to close
Nearly a third of defined benefit pension schemes which have closed to new members plan to shut to existing ones during the coming five years, according to new research. (…)
November 25, 2009
- Banks win Supreme Court case on overdraft charges
Millions of bank customers hoping to be refunded overdraft charges have been dealt a major blow by a Supreme Court judgement. (…)
November 23, 2009
- Warning over council tax scam
Consumers have been warned to be vigilant after it emerged fraudsters were trying to trick people into handing over their bank account details through a council tax scam. (…)
November 20, 2009
- Mortgage lending up five per cent
Mortgage lending rose by 5% during October as the market continued to recover from its traditional summer dip, figures showed. (…)
November 17, 2009
- Warning over stamp duty 'holiday'
The end of the Government's stamp duty holiday will hit the housing market hardest in regions that are already failing to benefit from the recovery, the Royal Institution of Chartered Surveyors (RICS) has warned. (…)
November 13, 2009
- Buy-to-let mortgage market growth
The buy-to-let mortgage market grew for the first time in two years during the third quarter, figures have showed. (…)
November 11, 2009
- House prices continuing to rise
House prices rose for the sixth month in a row during September, jumping by 1.2%, Government figures have shown. (…)
November 6, 2009
- Five buyers chasing every property
There are five potential buyers chasing every property on the market as demand continues to outstrip supply, research has shown. (…)
November 2, 2009
- House prices higher than a year ago
Mortgage lender Nationwide said house prices rose 0.4 percent in October, leaving them 2.0 percent higher than a year ago in their first annual rise since March 2008. (…)
October 27, 2009
- Credit cards 'must clean up acts'
Prime Minister Gordon Brown has announced plans to make credit and store card operators "clean up their acts" with a set of consumer protection measures to be unveiled over the coming week. (…)
October 23, 2009
- 1.5m pensioners 'overpaying tax'
Some 1.5 million pensioners have overpaid a total of £250m in tax since 2002-3, according to a report by the National Audit Office (NAO). (…)
October 22, 2009
- Current account benefits 'a waste'
Customers who pay monthly fees on their current accounts to receive extra benefits may be wasting their money, a report has claimed. (…)
October 19, 2009
- Plan to test mortgage affordability
Borrowers face a mortgage affordability test from lenders amid plans by the Financial Services Authority (FSA) to step up the regulation of home loans. (…)
October 15, 2009
- Call to scrap 'outdated' stamp duty
Stamp duty is an "anachronistic" tax on aspiration and should be reformed, property professionals have said. (…)
