Finance News
IVAs suitable for less than 5% of debt-laden Brits
Posted 2007-10-20
In many cases, debt consolidation loans are looked at more favourably by banks than individual voluntary arrangements (IVAs). And many Britons seeking to manage their debts are unaware that more often than not, better alternatives to IVAs are available to...
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US sub-prime crisis unlikely to affect long-term secured lending in UK
Posted 2007-10-16
Datamonitor, a financial industry analyst, foresees an “encouraging future” for secured loans in the UK, despite the recent credit crisis fallout caused by the sub-prime lending chaos in the US. The research has shown a growing trend in consumer demand...
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Brits loose £1 in £3 spent on heating inefficiency
Posted 2007-10-13
According to the latest findings by British Gas, utility bills could be lessened by as much as a third by applying energy efficient home improvements, especially to aging structures. Managing Director, Phil Bentley offered, “For every £3 we spend heating...
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Elderly Brits upbeat over property prices
Posted 2007-10-10
A financial services provider has conducted a survey of over-50s Saga and reports the majority of Brits in the age group are feeling positive over current property prices. Homeownership is cited as the leading cause of the trend, with...
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Brits hoarding antiquated electronics
Posted 2007-10-7
Almost 300 million out-dated devices are currently being hoarded in British homes, according to a survey conducted by insurer esure. Apparently, consumers are holding on to the old electronics for various reasons; one of which is to add to...