- Lowest number of Mortgage Approvals since records began.
- In a breaking report from the Bank of England only 64,000 mortgages were approved last month.
- Tue 29th Apr 2008
- Are the Banks getting greedy?
- In a test case in the High Court today, 8 UK Banks may be deemed to have be charging their customers unfairly.
- Thu 24th Apr 2008
- Comparison websites under the hot spotlight.
- The centre for competition policy has produced a report saying independent checks need to be made of comparison websites.
- Sat 12th Apr 2008
Home insurance market 'becoming battleground'
Mon 14 Jan 2008 5pm
British consumers are becoming increasingly interested in getting a good deal on their home insurance, a new report has stated.Industry research firm Consumer Intelligence (CI) claimed that a growing number of Britons are comparing insurance prices and switching policy providers in order to save money - mirroring a trend previously seen in the motor insurance sector.
According to CI, price sensitivity among home insurance firms has increased by ten per cent in the last few months, while several leading providers have recently cut their annual premiums by 50 per cent as the market becomes more competitive.
Managing director of CI Ian Hughes said: "Consumers long ago woke up to the fact that they can save serious money on their motor insurance by switching providers.
"It was only a matter of time before they applied the same principle to home insurance."
Legal & General recently stated that more property owners could avoid having to claim on their insurance policy by becoming more safety-conscious around the home.
