Equifax advise potential users of the Home to Buy mortgage guarantee scheme

www.equifax.co.uk has all the details you will need if you are looking to take advantage of the ‘Help to Buy’ mortgage guarantee scheme from the Government.

In a week when it is expected that thousands of potential first time buyers will be looking to take advantage of the Help to Buy mortgage guarantee scheme to get their feet on the property ladder, Equifax have highlighted the

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Management applications for personal finances more readily available than ever

There’s an abundance of management applications for personal finances available, from Simple, a bank linked, real-time app to keep track of outgoings and incomings (unfortunately only in the US) to Dollarbird, an ultra-smart calendar app tracking expenses and income.

The new app on the block is Level which is quite similar to Simple. It links to your accounts and gives real-time metrics on spending and income

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Despite fall inflation still higher that government target

Though the rate of inflation has been falling and presently stands at 2.7%, it is still higher than the target of 2% that the government has in its mind. This is why middle class is still feeling the heat of inflation with those dependent upon their pensions being the hardest hit as they have small incomes to make ends meet. Peter Tutton, a member of

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PPI could be just the beginning of mis-sold financial products

Millions of consumers are now closer to receiving compensation after they were mis-sold insurance that was originally marketed to them as a way to protect against having their bank cards stolen or losing them. The policies that CCP set up were offered to customers at all of the major banks in the UK.

According to the insurance policy, those who took the extra policy would receive

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Rising prices make the poorest in Britain even poorer

A new report has revealed that Britain’s poorest households are paying 10p more in every £1 for everyday goods and services. A study found that the poor are harder hit by rising prices and low income families are unable to pay through direct debit or online and need credit and pre-payment meters for utility bills.

The report, compiled by Rowntree Foundation and Consumer Futures, admits that

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Halifax offers to pay their first time buyers stamp duty

The high street bank Halifax, which is part of the Lloyds Banking Group, partly owned by taxpayers, has announced that it will pay up to a maximum of £2500 to cover the cost of stamp duty on properties purchased through them with a value of between £125,000-£250,000. This follows on from their similar offer last year when the government brought to an end its stamp

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Bad weather does nothing to relieve triple dip recession worries

Economists are worried that more bad weather extended into the early spring months could increase the risk of a triple dip recession. Chief UK economist for Global Insight, Howard Archer, stated that bad weather is always bad news in the UK economy and the last tide of bad weather that just hit is really bad news for an economy that is already fighting an uphill

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Adults blame parents for their financial difficulties

According to the latest research, more that half of Brits in their late 20’s and early 30’s believe their parents are to blame for their financial problems due to not teaching them how to handle their personal finances effectively. This study comes on the back of the news that financial management will be introduced to the national curriculum, and the adults who took part in

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The Fry Group launch first free finance app for smartphones

The Fry Group launch first free finance app for smartphones

It has been noted that many clients would be more than happy if they had the ability to access news and financial tools from their smartphones and other mobile devices. With this in mind The Fry Group, a specialist financial adviser, has just announced the launch of their first free app that will include a

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Five UK cities where it is cheaper to rent than buy

The housing market is causing increasing frustration in that there are so many who don’t meet the criteria to qualify for a mortgage so are forced to enter the rental market which is costing them a small fortune.

According to recent research from Zoopla.co.uk, the property website, tenants are now paying an average of 14% more by renting when compared to those with a mortgage. To

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