According to research commissioned by thinkmoney, just 47 percent of respondents – equivalent to approximately 9 million people – who lend money to friends and family say that they are ‘usually’ repaid the full amount and on time. Nationwide, millions of relationships have reportedly suffered as a consequence.
According to Shelter, a YouGov survey has uncovered that 42 percent of families with children, which is equivalent to 5.5 million, admitted that last year they cut back on food in order to help pay for their homes.
According to research commissioned by The Co-operative Insurance, the value of the average UK child’s Christmas list stands at £467.
Despite the recession coming to an end, Legal & General has revealed that household finances remain in a poor state of health. Their latest MoneyMood survey has revealed that since this time last year, there has been a lack of improvement when it comes to the strength of household finances. This consequently means that 2.5 million householders are continuing to struggle ‘to make ends meet’.
According to MGM Advantage, in order for the average household to maintain the standard of living that they enjoyed twelve months ago, they need to part with an extra £932 per annum.
With less than eight weeks to go until Christmas, MoneySupermarket.com has revealed that over a third of Christmas spenders are intending to cover the cost by dipping into their savings. Meanwhile, another third will reportedly fund the festive period using the money that they have available to them.
According to MoneySupermarket.com, savers will welcome today’s Bank of England announcement regarding The Consumer Price Index. It has reportedly fallen from 2.5 percent last month to 2.2 percent, which marks the lowest level for nearly three years.
According to new research commissioned by Sheilas’ Wheels home insurance, each year 68 percent of homeowners are spending £1.8 billion on additional living expenses due to ‘unwanted house guests’.
According to the Scottish Widows think tank, UK families are being pushed to ‘breaking point’ as a result of financial troubles. Their new research has uncovered that 78 percent of respondents feel that family life is currently tougher than it was ten years ago, with one in five admitting that they are ‘struggling to cope financially’.
According to NS&I, irrespective of the rising cost of living, ‘Britons are still losing track of their savings’. In fact, their research has revealed that 16 percent of respondents believe that they have savings accounts and investments that they have lost track of.
According to Nationwide Building Society, UK household budgets are still being stretched whilst people increasingly seek ways to ‘make their money go further’.
According to Churchill Home Insurance, their claims analysis has revealed that in the last two years there has been a 22 percent rise in the number of jewellery items stolen from the home. In fact, when it comes to the value of ‘theft from home’ claims, jewellery now reportedly accounts for more than a third.
According to Clydesdale and Yorkshire Banks, their new research has revealed that ‘people in the UK remain focused on their finances’.
As we approach the wedding season, research conducted on behalf of first direct has revealed that when it comes to wedding gifts, the average sum of money that guests spend has increased from £47 to just over £51 in the past twelve months.
According to Moneysupermarket.com, their research has revealed that most consumers turn to savings, authorised overdrafts and credit cards when they run out of money.
New research conducted by Co-operative Bank has revealed that teachers set the most money aside each year, compared to the other 24 professions that were surveyed. In fact, it was found that teachers save an average sum of £2,125 per annum.
According to uSwitch.com, their new research has revealed that 14 percent of UK households are in debt to their energy supplier. Findings have shown that an average sum of £131 is owed, which marks a 4 percent increase since last year’s study. In total, energy companies are reportedly owed £478 million.
According to uSwitch.com, the 30 percent increase in the cost of a first class stamp is ‘another example of the rocketing cost of living’.
According to Which?, by failing to switch to alternative savings accounts, UK savers could be missing out on nearly £13 billion worth of interest per annum. This reportedly represents an increase of £500,000 since October 2010. As a result, savers are being urged to switch in order to secure a better deal.
According to research commissioned by Wesleyan Assurance Society, teachers are not financially confident – especially in comparison to doctors and lawyers.
According to Which?, an undercover investigation at supermarkets and shopping centres has revealed that large energy companies are using sales tactics that could cause consumers to be ‘hundreds of pounds’ worse off than they were before switching their tariff in-store.
According to moneysupermarket.com, their research has uncovered that 68 percent of consumers will not be joining a gym or renewing their membership next year. Findings have shown that this group of individuals feel that gym costs are unnecessary and that they are keeping fit and healthy by alternative means. In contrast, 46 percent were reportedly of this opinion in 2009.
According to Aviva, burst pipes were the cause of hundreds of drenched homes last winter. Therefore, homeowners are being advised to do a ‘quick health check’ on their properties.
According to Nationwide Building Society, 58 percent of people have an increased awareness of their personal finances as a consequence of online banking. Furthermore, 33 percent reportedly have an increased awareness of their household’s financial situation due to online banking. This has been revealed following online research, which was based on a sample of no less than 1,500 UK respondents.
According to MoneySupermarket.com, the cooler weather that we have experienced this week has prompted 54 percent of households to switch their heating on. However, it has been revealed that one in four households are refraining from turning their heating on due to increasing energy prices. In fact, it was found that 6 percent of households are unable to afford to heat their homes, whilst 17 percent will only do so if the weather turns very cold.
According to a survey commissioned by HSBC, nearly half of Brits are intending to ‘put current economic conditions to one side’ and refrain from reducing their Christmas gift expenditure this year. In fact, it has been revealed that an average sum of £560 will be spent on 2011 Christmas celebrations.
According to Post Office Savings, 93 percent of 2,100 adults who were surveyed in May of this year were found to be worried about the effect that inflation has on their finances. What’s more, it has been highlighted that today’s inflation rise will pose extra cause for concern amongst this group of individuals.
According to Standard Life, UK credit card holders spend £3,804 on credit card payments per annum, which equates to £317 per month. On the contrary, those who set money aside each month reportedly put £1,680 into savings and ISAs per annum, which equates to just £140 per month.
It has been predicted that winter will be arriving early this year, whilst utility bills continue to increase. Therefore, the National Association of Estate Agents (NAEA) is encouraging homeowners to ‘take advantage of the simple solutions currently on the market that can help properties retain heat and save on energy costs’.
According to the Moneysupermarket.com Monitor, ‘Brits are filling their homes with valuable old, rare and unusual possessions as recession continues to bite’.
According to Consumer Credit Counselling Service (CCCS), energy price increases are having an impact on ‘struggling debtors’. The leading debt charity has revealed that nearly a third of people are already in fuel poverty when they make contact.
According to Nielsen and the British Retail Consortium (BRC), ‘the proportion of British shoppers who feel they have no spare cash has reached a new all-time high of 32 per cent’.
Consumer Credit Counselling Service (CCCS) has revealed that it is ‘concerned about the low levels of savings of over five million UK households’. According to new research commissioned for the leading debt charity by the Financial Inclusion Centre, 4.3 million households have no savings and 1.1 million households have less than £1,000 set aside.
According to new research by HSBC, 33 percent of Brits are growing fruit and vegetables in their gardens as an alternative to buying supermarket produce. This revelation has come at a time when inflation on food is reportedly running at 6.5 percent, and there has been a £260 annual increase in the cost of the average family food shop.
According to new research conducted by Opinium Research on behalf of Pay YOUR way, ‘as a nation we like to keep a close eye on our money’. Pay YOUR way, the campaign that helps people ‘benefit from modern payment methods’, has revealed that online technology is used to check bank accounts as frequently as once a day. However, many people are reportedly continuing to visit their bank branches, where they spend ‘valuable hours’ tackling simple tasks.
According to the Met Office, their provisional climate figures indicate that April 2011 was the ‘warmest on record’. In fact, several areas of the UK reportedly experienced temperatures that were 3 to 5 degrees Celsius higher than normal. The average temperature was found to be 10.7 degrees Celsius – compared to 10.2 degrees Celsius in April 2007, which was the previous warmest April on record.
According to Consumer Credit Counselling Service (CCCS), in the months ahead many households will struggle to pay their debts due to job losses and reduced income from work.
According to new research from M&S Money, while men continue to be the main breadwinners in the majority of families, it is most likely to be women who ‘take control of the family finances in UK households’. In fact, M&S Money’s research revealed that women own 72 percent of their financial services products.
According to uSwitch.com, recent ‘price hikes’ from five of the largest energy suppliers in the UK have caused the average annual household bill to rise by £52. What’s more, the independent price comparison and switching service has reported that the cold snap could push bills up by an additional £7 per week.
According to new research conducted by Halifax Home Insurance, 39 percent of Brits will be refraining from going out as much this month. For 58 percent, this is reportedly due to a lack of cash, whilst 47 percent will be staying in to save money.
According to a new report from Direct Line, ‘householders are risking their possessions by undervaluing their home contents’. In fact, the research – conducted by Opinium Research – revealed that a significant number of possessions are not insured at all.
According to a poll conducted by moneysupermarket.com, consumers are finding it necessary to ‘dip into their savings pots’ as the UK continues to feel the effects of high inflation. In fact, it was revealed that 56 percent of respondents have turned to their savings without planning to. Furthermore, 26 percent reportedly claimed that they would do the same if they found themselves needing the money.
According to Moneysupermarket.com, average rates for the ‘top ten personal loans under £5,000’ have reached a ‘ten year high’. In contrast, average rates for loans over £5,000 have reportedly started to fall following their peak in May.
According to a study conducted by Confused.com, which involved a poll of 3,000 people, Brits’ gardens are worth an average sum of £825. The most expensive items that contribute to this value were found to include lawnmowers and strimmers, sheds and greenhouses, and patio furniture.
According to the latest figures published in the Quarterly Update, which are based on British Crime Survey (BCS) interviews in the twelve months to December 2009, there was a 7 percent reduction in BCS crime compared to the year before.
According to Aviva, an analysis of ten years worth of data has revealed that homes require a little attention from owners before they jet off on holiday – particularly sheds and gardens.
According to new research conducted by YouGov on behalf of HSBC and the Personal Finance Education Group (pfeg), children have been ‘strongly impacted’ by the recession.
According to research conducted by money.co.uk, last year 31 percent of parents borrowed money from their children on at least one occasion.
According to research conducted by Aviva, 64 percent of prospective holidaymakers are planning an overseas vacation this year.
According to Scottish Widows, the level of debt amongst parents with dependent children is significantly rising.
According to research conducted by moneysupermarket.com, the traditional New Year’s resolution of shedding a few pounds at the gym may not be applicable to 2010.
According to Alliance Trust, this month’s official inflation report revealed that November saw the headline rate of inflation rise from 1.5 percent to 1.9 percent.
According to uSwitch.com, 56 percent of people will be purchasing fewer gifts this Christmas, 44 percent will be steering clear of gadgets, and 10 percent are intending to buy traditional gifts for children.
As the winter sports season commences, AA Travel Insurance has expressed concerns regarding the rising number of people heading for the slopes without winter sports holiday insurance.
According to a report by Abbey Savings, 57 percent of monthly ‘paid for’ entertainment is consumed by Brits in the home and just 43 percent is consumed outside the home.
According to new research by Egg, British parents were set to spend £200 million on entertainment for their children this Halloween.
According to a study by Santander Cards, parents who were planning to take their children away during half term were set to face significant holiday premiums.
According to new research conducted by Unbiased.co.uk, 66 percent of solicitors anticipate that in the next 5 years there will be an increase in the number of people wanting a prenuptial agreement prior to walking down the aisle.
According to a survey by Chelsea Building Society, 81 percent of those with savings up to £5,000 do not manage their money on a daily basis or keep an eye on savings rates.
According to Halifax research, 72 percent of Brits were planning to finance their summer holiday with their savings.
According to a survey conducted by Lloyds TSB Added Value Accounts, one in ten of their 1,000 British respondents have been on holiday without travel insurance. This is equivalent to 5.2 million people nationwide.
According to Abbey Savings, Brits have accessed £11 billion worth of ISA savings over the course of the past year.
According to AA Insurance, a study of over 21,000 members has revealed that 68 percent of those between 18 and 24 years of age attained their first car during their teenage years. In contrast, only 28 percent of members that are now aged 65 or over can claim this.
According to new research by Saga Travel Insurance, September is the most popular month for holidays amongst those over 50 years of age.
According to Halifax Unsecured Personal Loans, 49 percent of people between 55 and 64 years of age would like to take ‘time out’ for travelling.
In a bid to establish whether or not consumers are able to correctly calculate energy bills, uSwitch.com set a ‘straightforward test’ – which 86 percent failed.
According to uSwitch.com, one in three car buyers plan to downsize their current car, with 20% of drivers saying car size is the most important thing to them when buying.
According to new research conducted by Abbey General Insurance, since the onset of the recession there has been a 9 percent reduction in the amount of money spent on wedding gifts for close family members.
According research conducted by AA Savings, more than 30 percent of engaged couples have saved less than £100 towards the cost of their big day.
According to uSwitch.com, the expected 2p per litre rise in fuel duty is going to result in extra annual expenditure of £29 per consumer.
As the August Bank Holiday looms, the weather continues to be debated.
According to GE Money Home Lending, 4 percent of Britons have booked a last-minute foreign get away, which equates to 1.8 million people.
According to The Children’s Mutual, university expenses for students that have recently received their A-Level results could reach £25 billion, which marks a £3 billion increase on last year.
According to research conducted for LV=, 28 percent of British adults feel that the prospect of never becoming a homeowner is ‘too terrible to consider’.
According to uSwitch.com, 13 percent of consumers anticipate that the UK economy will be recession-free prior to the end of 2009, and 44 percent of consumers are predicting a return to positive growth during 2010.
Sainsbury’s Home Insurance recently reported that the number of homeowners who are planning to invest in structural improvements in the next 12 months has fallen by almost 40%.
Recent news from Moneyextra.com has revealed that more than half of homeowners are experiencing increasing money problems.
Recent research from Tesco Travel Money gives insights into British families anticipated holidays this summer.
Recent analysis from moneysupermarket.com has revealed that homes in Nottingham and London are most at risk from theft and burglary.
As this year’s graduates will be faced with fewer employment opportunities and increased competition, Andrew Hagger of Moneynet.co.uk has taken a look at the finance options available and has provided some ‘top tips’.
According to Sheilas’ Wheels home insurance, accidental damage as a result of indoor exercise has cost women up to £1.3 billion in the past 12 months.
Confused.com recently reported that families in Britain are set to pay out up to £1 million on household bills in their lifetimes.
Research recently conducted by moneysupermarket.com has shown that half of the UK adult population say they can’t afford to save.
According to a ‘bike snatch experiment’ conducted by MORE TH>N, Liverpool is the most trustworthy city.
By analysing industry data, Sainsbury’s Home Insurance has revealed that the annual cost of running a home now stands at approximately £11,455.
According to research by protection specialist Bright Grey, millions of children in the UK could become poverty-stricken if their parents were to pass away or become critically ill.
New research by Sheilas’ Wheels home insurance has revealed that parents nationwide are reducing expenditure on themselves in order to keep clothing their children in the designer brands that their friends are donning.
According to Aviva, today’s young people could be referred to as ‘the forever generation’.
Further to the torrential weekend weather, which included storms and even earthquakes in some parts on South Wales, Confused.com has revealed an increase of 141 percent in the number of home insurance enquiries received. As a result, the price comparison site has offered advice on protecting properties from future bouts of poor weather.
With the summer months upon us, many people will be spending an increasing amount of time out in the garden.
According to the latest Quarterly Savings Survey by National Savings and Investments, a large proportion of the British population is not taking advantage of the money saved on household bills throughout the summer.
Research by Sainsbury’s Finance has revealed that 10 percent of UK adults are intending to purchase a second-hand car in the 6 months up to the end of August 2009.
According to new research by Gocompare.com, 24.4 percent of Brits have been on the receiving end of a garden crime.
According to research by Halifax Home Insurance, 60 percent of Brits have a strong sense of pride in their home region.
According to new research by esure car insurance, 54 percent of Brits are intending to make journeys this Bank Holiday weekend, which could mean them facing travel chaos.
With a good summer weather forecast in place, it would seem that an increasing number of people are turning to their bicycles as a means of aiding their fitness as well as their finances.
According to the latest Natwest International Personal Banking Quality of Life Report, 87 percent of British expatriates feel that they are in a better position to see their way through the recession whilst abroad.
According to the latest AA Personal Loans Car Purchase Index (CPI), there has been a significant change in the reasoning behind car purchases.
According to Moneyfacts.co.uk, unsecured loan rates have increased by up to 44 percent during the course of the past 2 years.
According to new research conducted by Confused.com, 36 percent of motorists consider their budget to be the main factor in deciding which car to opt for.
According to a new survey conducted by AA Insurance, 46.2 percent of respondents are opting for meals in as opposed to dining out in a bid to make savings.
In light of the Government’s new incentive for scrapping cars over 10 years old, esure is urging the owners of such vehicles to do just that.
According to The Co-operative Bank Current Accounts, the majority of people tend to spend their wages by the 20th of each month.
New research by Halifax Home Insurance has revealed that 48 percent of Brits do not feel safe when walking through isolated country lanes at night. This contradicts the popular belief that country life is less dangerous than city life.
Lloyds TSB reveal some key home maintenance spending patterns between 1998 and 2008.
The cost of childcare has soared in the last few years, leaving many parents finding it difficult to find affordable help, Money News has reported.
Sainsbury’s Car Insurance is advising parents against purchasing second-hand child cars seats to avoid any uncertainty surrounding whether or not they have previously been damaged in an accident.
With the arrival of spring, esure warns UK homeowners about the potential for garden theft.
According to Sainsbury’s Finance, the number of people looking to purchase a car is at its lowest level since 2005.
According to new research conducted by CreditExpert.co.uk, 19 percent of Britons are keeping their money troubles under wraps from their partners.
According to Which? Car, the current economic climate is likely to result in many people downsizing their cars in favour of smaller, more fuel-efficient vehicles this year.
According to the latest annual Halifax Housing Review, house prices in rural areas have not dropped as much as house prices in urban areas during the past 12 months.
According to AA Personal Loans, their latest Car Purchase Index (CPI) has revealed that quality is now taking precedence over quantity in the minds of car buyers.
According to Nationwide Building Society, their latest savings research has revealed that 54 percent of people do not feel that it is currently a good time to save.
Many may be familiar with the term ‘Baby Boomer’ but Abbey Mortgages has now identified a new generation that they have titled ‘Baby Boomerangers’. This phrase has been coined to describe those that return to live with their parents.
According to new research launched by Halifax Home Insurance, titled the Peace of Mind Index, 43 percent of Brits do not always feel safe in their own homes.
uSwitch.com and first: utility have combined forces to offer the cheapest standard energy plan in the marketplace.
According to Abbey Savings, practically two fifths of soon-to-be first time buyers are increasing the rate at which they save towards a deposit this year.
According to Which? Car, the currently challenging economic conditions will result in more second-hand car purchases this year.
On the eve of St Valentine’s Day, it would seem that over 10 million are cutting back on the Valentine’s Day spirit.
According to esure, car accidents are most common during the month of January.
It would seem that Claims Advisers at Lloyds TSB Insurance received some rather peculiar claims during the course of last year.
According to new research by cahoot, the currently challenging economic environment is bringing loved ones closer together.
According to research from Alliance and Leicester Savings, one in ten adults intend to start saving for the very first time in 2009.
As the credit crunch continues to bite, it would seem that numerous people are turning to their bicycles to commute to work as opposed to cars or public transport.
Recent research from Halifax Home Insurance has revealed that Christmas is the season to be clumsy with nearly one in ten experiencing accidents when hosting drinks parties around the festive period.
With ever-increasing energy bills, it would appear that a growing number of people are realising the potential to cut costs by ‘going green’.
Research recently conducted by Sainsbury’s Finance has revealed that over £25 billion will be spent on second hand cars in the six months leading up to the end of February next year. 5.1 million people plan to spend an average on £5,005 each.
According to esure, rising motoring costs are forcing over 16 million drivers to think about downscaling to just one car per household in an attempt to combat the increasing costs of running a car.
According to the Motor Insurers’ Bureau (MIB), it is estimated that 250,000 people between 17 and 20 years of age are driving with no insurance.
According to MGM Advantage, 35 percent of over 55 year olds have had to put their retirement plans on hold to continue working as a result of the recession.
A new homebuyer report from AA Legal Services has found that more than two in five first time property buyers don’t know the difference between a leasehold and freehold property. The report named “Safe as Houses” has also shown that a north-south divide on mortgage literacy is emerging, with people north of the Midlands less able to define a leasehold property than people in the south.
According to the latest research from Mortgage Trust the number of borrowers taking out fixed-rate mortgages is at its highest level on record.
According to AA Personal Loans, it seems that millions of Brits are preparing to avoid air travel this summer and go green. Their research has hinted towards a welcome boom to the UK tourism industry as more Brits choose to holiday closer to home.
New research conducted by Sainsbury’s Bank has found that around 5.48 million people plan to purchase a second hand car in the period between March and the end of August 2007.
As a result of the base rate rise, uSwitch.com has found that consumers could offset the entire base rate rise by switching energy providers.
Research conducted by leading car company Zurich has found that British motorists are stacking up over £51 billion pounds a year just to keep their vehicles road worthy.
The Bank of England recently revealed that the increase in total net lending to individuals in March, £10.8billion, was lower than the increase in February but in line with the average from 6 months ago.
According to Paragon Mortgages’ latest Buy-to-Let Index, Wales is considered the latest ‘hot spot’ for residential property investors. Rent has gone up by 33% over the past quarter and property prices by 18%. A positive trend can also be found in the rental yields with Wales as the only region of the country exceeding 7%. As well as this, Wales stands this month in second position in terms of total return, generating an average of 25.6% compared to the average of England and Wales as a whole of 12.9%. As a result the area has outperformed in terms of rents, yields and total returns.
According to Sainsbury’s Bank, the annual cost of running a home is around £11,035.
Research conducted by the Scottish Widows Bank has shown that the number of parents expecting kids to pay money back has doubled over ten years.
Recent news from Abbey shows that one in ten first-time buyers plan to ask their parents for financial help when buying a house.
As the cost of going to live matches continues to grow, more than 40 per cent of football fans have cut the number of live matches they watch according to recent research from Virgin Money.
Latest news from Abbey reveals that first time buyers are willing to make sacrifices to get on the property ladder.
Research from Barclays Travel Insurance has shown that British holidaymakers are shunning the slopes for trips down under.
Recent research from the Halifax shows that first time buyers spent an average of £151,565 for their first home in 2006, compared to £137,122 in 2005.
Although many students are this summer eagerly awaiting their A Level results with plans to go to university, huge numbers are underestimating the levels of debt that are involved in doing so
According to research conducted by the Sainsbury’s Bank Car Buying Index there has been a significant rise in the number of people intending to buy a car between September 2006 and February 2007.
Cutting edge research conducted by Halifax, the UK’s mortgage lender, reveals that the nations DIYers have ditched complicated home improvements in favour of a simple, straightforward approach.
In years gone by, as a self employed homeowner, looking for a loan presented itself as a major challenge.
If you are looking for a loan then there are plenty of lenders to choose from.
Many Brits are so embarrassed by their finances that they choose to bank online rather than discussing personal financial matters over the phone or face-to-face, according to Lloyds TSB research.
Research recently conducted by Norwich Union has revealed that customers taking out a Lifetime mortgage with them spend the money released on home improvements, holidays, new cars and to top up their income.
New research by American Express Insurance has shown that the average amount spent by Brits on holiday is a significant £828.69.
Co-operative insurance recently teamed up with The Children’s Mutual to put together a top 10 list of money saving tips for new families on a budget.
There has been an explosion in the number of secured loans providers, according to one industry professional.
It appears that the size of secured loans is set to continue to grow over the course of 2006, as yet another piece of research is predicting an upturn in property values.
British borrowers have been warned that supermarket credit card deals can prove far more costly than they may first appear, with secured loans possibly a better option for many.
High debt and poor savings levels have left many Britons in a worrying financial situation, a new study has indicated.
Around 5.3 million Britons are intending to purchase a second hand car before August, new research has found.
Acquiring a smaller loan can often cost consumers more than a bigger loan, new research has found.
Britons have been urged to dedicate more time to their financial affairs, following the release of new research.
If you are a self employed homeowner looking for a loan then look no further.
There are so many financial institutions out there offering loans.