Are you being charged a fortune in interest on your insurance?
Buying insurance cover for your vehicle is already an expensive affair, and whilst there are different levels of insurance cover to cater for different needs and pockets there is no doubt that the cost of vehicle insurance cover overall has been rising for a number of different reasons, including the heightened level of insurance fraud in the current climate, which unfortunately honest drivers usually end up picking up the tab for. Read more
Tags: different reasons, whopping 40 percent, time, shop, insurance interest charges, daylight, different levels, car insurance
Industry groups and lenders reluctant to make house price forecasts
January 15, 2009 by admin
Filed under News, News-Mortgages
Each year many lenders and various industry groups tend to release forecasts relating to house price movement over the year to come. However, this year – which has been a particularly turbulent one in the housing sector – a number of lenders and agencies have said that they will not be making any forecasts in relation to house prices, and this is for a number of different reasons. Read more
Tags: mortgage lenders, institute of chartered surveyors, lloyds tsb, different reasons, takeoverHidden savings costs revealed
November 21, 2007 by admin
Filed under News, News-Banking
Easy access savings accounts can hold hidden charges for savers wishing to take out any of their money, it has emerged.
Consumers are urged to look at the small print of a savings deposit before entrusting their cash and laying themselves open to punitive measures, said Kevin Mountford, head of savings at moneysupermarket.com.
He commented: “It’s clear that some of these accounts deserve their place in the ‘easy access’ sector, but others should perhaps be categorised as ‘new notice accounts’.
“They do have a part to play in the market, but they are very much aimed at more disciplined savers. We know from experience that savers are different and save for different reasons.”
Mr Mountford added that savers should consider the details beyond the advertised rate and make sure they truly understand what they are signing up for.
Research from the website found that just four in ten of the highest interest-paying accounts give savers the chance to have unlimited access to their cash without losing any interest.
