- 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
Survey uncovers lack of insurance among UK homeowners
Wed 23 Jan 2008 2pm
New research has revealed that many British people are failing to protect their homes by not taking out insurance policies.According to findings from Nationwide, 20 per cent of the nation's homeowners do not have any buildings insurance and are taking major risks in the event of flood or fire damage.
The survey also found that an additional 14 per cent are currently without contents cover for their properties, suggesting that many people are putting their personal items in similar danger.
"It is surprising that so many people are prepared to take such a gamble on their homes and personal belongings, when you consider how much time and money we all invest in our homes, said Robin Bailey, insurance director at Nationwide.
"You never know what is around the corner and for that reason it is vital that people are prepared by having adequate insurance," he added.
The Met Office has issued a series of weather warnings this week, urging homeowners to be on their guard as heavy rain continues to fall around the UK.
