Mortgage free: How you could knock over £12,000 off your payments | Personal Finance | Finance

Ms Walker highlighted the impacts of overpayment, and how it could radically alter a situation for a homeowner. When looking at an average 25 year mortgage, if a person chose to overpay, they could knock more than seven years off their term. Indeed, this would also take approximately £12,000 off the average cost of the mortgage. It is for this More...

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By admin On Thursday, July 29th, 2021
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Interest rate warning: Britons would struggle if rates doubled as inflationary fears loom | Personal Finance | Finance

Interest rates across a number of financial products, including savings accounts and mortgages, are at rock bottom levels at the moment as the Bank of England continues to keep the base rate at 0.1 percent. More...

By admin On Wednesday, July 28th, 2021
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Travelling during Covid – is travel insurance worth your money? | Personal Finance | Finance

Anna-Marie Duthie, Travel Insurance Expert at Defaqto, commented: “Just as you can’t guarantee the weather, you can’t book a holiday and guarantee nothing will go wrong. “If you do have to cancel or More...

By admin On Wednesday, July 28th, 2021
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Buy now pay later warning issued for Britons shopping online | Personal Finance | Finance

Richard Lane from StepChange discussed the problems with Buy Now, Pay Later (BNPL) on Supershoppers last year. He said: “That group of millennials has very little financial resilience and they are more likely More...

By admin On Wednesday, July 28th, 2021
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Self-employed guidance issued as SEISS take-up problems arise – how to keep ‘above water’ | Personal Finance | Finance

SEISS claims have helped many self-employed workers stay afloat during the pandemic and final applications will soon be processed for the Autumn months. Despite this, however, not all claimants have benefited More...

By admin On Tuesday, July 27th, 2021
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Brexit news: Stop ‘playing nice’ and free City from EU’s shackles, Boris is urged | City & Business | Finance

Brexit: David Frost on chances of financial services agreement Jayne Adye, director of the pro-Brexit campaign group Get Britain Out, believes the UK is in a fantastic position to realise Chancellor Rishi More...

By admin On Tuesday, July 27th, 2021
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Pension: Minimum age most savers can access pensions to increase | Personal Finance | Finance

This will mean that from 2028, under-57s cannot access their pensions without incurring a tax charge, unless they are forced into retirement by ill-health. The measure will affect men and women equally as the More...

By admin On Tuesday, July 27th, 2021
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State pension: Your National Insurance record can affect what sum you receive – check now | Personal Finance | Finance

This could be the case if they cannot work, for example due to illness or disability, or if they are a carer, or unemployed. National Insurance credits can be claimed in a number of circumstances, including More...

By admin On Tuesday, July 27th, 2021
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Amazon Bitcoin payment: Can you pay Amazon with Bitcoin? | City & Business | Finance

Bitcoin hit headlines today, as its price recovered from a brief pitfall earlier last week. Cryptocurrency sites currently show its value at $39,820 (£28,815) and rising, having grown nearly 16 percent over More...

By admin On Monday, July 26th, 2021
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Water bill cost: Will YOUR water bill go up? | Personal Finance | Finance

In industry terms, bad debt forms when a business cannot collect receivables because customers cannot pay outstanding debts. To reduce this type of debt, regulators have allowed retailers to increase utility More...