Archive for August, 2007

Cheque writing as halved from 2 billion to 1 billion in the last ten years, according to a report published by trade association APACS.The report The Way We Pay 2007: UK shows that in 2006 only 54% of adults used cheques to make payments and just 47% received a cheque payment.  
Sandra Quinn, director of […]

Britons, cars and the open road

Britons clock up 15 million miles per year on holiday road trips, according to research by Halifax Travel Insurance. The average holidaymaker drives 861 miles each year, the distance between London to Nice. 
Paul Birkhead, senior manager of pricing and underwriting for Halifax Travel Insurance commenting on the environment effects said: “ Briton’s can reduce the […]

In the dark over bank fees

Two thirds of people have little or no idea how much their bank is charging them for being overdrawn, according to MoneyExpert.com an independent financial comparison website.Only 12% of respondents knew that banks charged on average 12.35% for an authorised overdraft.
Sean Garden, Chief Executive of MoneyExpert.com, said: “Bank charges may be a hot topic in […]

The ideal home

The ideal home is a newly built, detached property in the countryside, according to research from Halifax mortgages. 
 Half of people surveyed, by the lender, said they would prefer a detached house, with one third desiring a countryside property, and a quarter of respondents favouring newly built houses.  
 
Phil Jenks, head of mortgages for Halifax says […]

Insects get road rage

Insects and bugs are distracting motorists causing an estimated £44m worth of car damage every year, according to research undertaken by esure car insurance.
 
The survey revealed that three quarters of drivers have been distracted by insects and bugs and two-fifths confessed to slamming on the brakes when confronted with a buzzing insect. 
 
Mike Pickard, Head of […]

Big kitchens are back

One in seven homebuyers have placed a big eat-in kitchen on top of their wish list according to a study carried out by house insurer, Legal & General. 
  In contrast, only one per cent want a dining room more than anything else.
 
Carina Norris, author of ‘You Are What You Eat’ said: “After the trend for homebuyers […]

Debt-ridden Brits cannot cope

Nearly three million borrowers are worried they may not be able to pay back all their debts, as the pain of five successive interest rate rises start to bite.A survey by Moneyexpert.com revealed today that seven per cent of Brits are “very concerned” about their ability to manage debt, while another 24 per cent are […]

Student debt to reach £20,000

Students who started university last year are expected to owe nearly £17,500 by the time they finish their studies, according to a survey by student survey organisation Push, and Lloyds TSB.
The survey revealed that average student debt is currently greater than £4,000 per year, a figure set to increase, with students starting their studies […]

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