Research by leading peer to peer lending platform Sourced Capital has found that the UK property market could see a double-digit rate of property value decline, with the market taking over five years to recover, while the number of property repossessions could also soar as a result of a COVID-19 induced recession.
Currently, the market has ground to a halt as both buyers and sellers...
The coronavirus crisis is providing fresh opportunities for fraudsters to strike, particularly as people are now spending more time at home.
Whether it’s con artists appearing on the doorstep and posing as good samaritans, or bogus emails and phone calls received while people work at home from laptops, criminals are cynically trying to cash in.
The spread of coronavirus is causing many big financial worries for people, on top of health concerns.
People’s pensions, incomes and insurance could all be affected.
For consumers who are concerned about their immediate financial situation, getting help early could be key, so it’s important to talk to your provider sooner rather than later. Free-to-use debt help charities...
More than three-quarters of employees across the UK were members of a workplace pension scheme last year – a new record high, official figures reveal.
According to the Office for National Statistics (ONS), 77% of employees were in a workplace pension scheme in 2019, marking the highest membership rate since comparable records started in 1997.
We can all become complacent with our finances, but as with any bad habits, the first step is admitting something needs to change – and spring is an ideal time to give your money habits a deep clean and refresh.
But, once you’ve decided to improve your money habits, where do you start?
Here are some ideas from TopCashback.co.uk UK director Adam Bullock, for spring cleaning...
Convenience items often seem great at first glance – we can eat a hot meal straight from the microwave, brew a cup of coffee at the touch of a button and have a new outfit delivered to our door overnight.
While all of this is good for saving time and making life a little easier, it’s probably not so great for your finances.
If you’re looking at your bank balance after a low-...
With Christmas and the New Year celebrations now over for another year, many people are experiencing a sinking feeling.
That awful moment where you know you can't put off looking at your bank or credit card statement. The due dates on your regular payments – or the bills landing for those items you bought on credit online.
Tempting as it is to stick your head in the sand,...
The new year often means a fresh start – and for some, 2020 could mean turning over a new leaf when it comes to their finances. But don't be put off by the idea of having to grapple with big numbers, as large gestures aren't always what's needed.
You may find small actions taken now could go a long way towards improving your financial prospects, whether it's cutting down on daily...
Being payed early in December always feels brilliant at the time. You have money in your pocket to spoil all your loved ones with Christmas presents and even have some dosh leftover to treat yourself in the January sales.
The problem is that after the frivolous spending, your finances often take a serious beating ahead of the New Year. With some companies paying staff in mid-December...
