Archive for December, 2008

Lender sees savings ‘increase’

by on December 2nd, 2008

TweetShareAn increasing number of people are ensuring they have money saved “for a rainy day”, one lender has stated. Alliance and Leicester’s manager for savings Hetal Parmar explained that the current financial climate is making people “think very seriously about spending” and make sure they have money set aside should they need it in future. [...]

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Young people ‘bailing out’ parents

by on December 1st, 2008

TweetShareAn increasing number of 18 to 24 year-olds are helping their parents financially in the wake of the credit crunch, new figures have revealed. Research from Engage Mutual found that 41 per cent of young people in this age group have provided financial support to their parents in the last six months, with 78 per [...]

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Nationwide launches new tracker mortgage

by on December 1st, 2008

TweetShareNationwide Building Society has announced the introduction of a new two-year tracker mortgage. The new finance option, which is available from today, carries an interest rate starting at 4.99 per cent for a 60 per cent loan-to-value (LTV) and a reservation fee of £995. Those who opt for a 75 per cent LTV can expect [...]

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Save money with an ‘ethical Christmas’

by on December 1st, 2008

TweetSharePeople looking to reduce their spending this festive season have been encouraged to have an ethical Christmas. The advice comes from online finance portal fairinvestment.co.uk and focuses on methods Brits can use to cut down on their outgoings over the holiday while helping the environment at the same time. Producing homemade gifts to cut down [...]

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