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Monthly Archives: February 2013
Overseas buyers consider UK property a safehaven
Wealthy buyers often see properties located in London and other desirable areas of the UK as a safe haven for their money.
Inflation more expensive than BoE expected
Data released recently by the ONS (Office for National Statistics) showed annual Consumer Price Index (CPI) inflation at 2.7% in January.
Women are better savers than men
The savings gap between men and women has reached £512, with women overcoming the obstacle of lower average earnings to lead the savings charge.
Debt problems most prevalent among the under-25s
Research by a debt advice charity has revealed that over 22,000 adults aged under 25 sought its help in 2012, demonstrating the “acutely vulnerable economic position” of young people.
How your ex can affect your credit rating
A new Experian survey of more than 3,000 Britons reveals that one in seven Britons (14%) have had a romantic relationship which had a negative impact on their financial situation or credit rating.
Tenants out of pocket. Buying is cheaper than renting.
New research has revealed that buying a house is more affordable than renting in all 12 UK regions, with the difference most salient in London.
Calling all First Time Buyers
According to the CML (Council of Mortgage Lenders), more first-time buyers got a foot on the property ladder last year than at any time since the financial crisis began.
Sweetheart Scammers – don’t be defrauded by love
Experian CreditExpert has warned those looking for love online to be careful they do not fall foul of ‘sweetheart scammers’, unscrupulous fraudsters who use dating sites as a means to gain your trust, your personal information and potentially your money.
