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Avoid the Airport trap: Last minute holiday cash will cost a lot more

Avoid the Airport trap: Last minute holiday cash will cost a lot more



- 1.65m tourists waste over £18 million a year buying currency at UK airports
- Airports in the Midlands and North of England offer the worst deals
- 44 per cent of holidaymakers admit overspending by an average of £177
- 30 per cent incurred bank charges to get extra cash from an ATM while abroad


Sterling’s slide against the euro and other currencies already means

Age of becoming mortgage-free goes through roof

Age of becoming mortgage-free goes through roof



- Two in five of us now don’t expect to be mortgage free until well into our 60s
- Huge change since mortgage-free average age of 51 a generation ago
- Four in five UK homeowners still aspire to own their home outright
- Today’s generation take out first mortgage later – at average age of 33


Over a third (35 per cent) of homeowners in the UK expect to be well into t

Lowest ever mortgage rates from post office are best in market.

Lowest ever mortgage rates from post office are best in market.

- Post Office shakes up the mortgage market with rate reductions on fixed-rate and tracker products
- Great news for customers as best rates mean best mortgage deals
The latest reductions in mortgage rates from the Post Office make it the best value in the market as it continues to offer the most competitive deals to customers.
A new two-year tracker mortgage has been introduced at 1.94%

Negative equity holds back second-time buyers

Negative equity holds back second-time buyers



- Over a quarter of second-time buyers are finding it hard to move because of negative equity or stagnant house prices
- Just under a third are struggling with costs involved in moving
- One in 12 are relying on financial help from family to fund their move


Over a quarter (28 per cent) of second-time buyers could be stuck on the first rung of the property ladder becaus

Post Office launches new issue of table topping online savings accounts

Post Office launches new issue of table topping online savings accounts

- Three new Online Bonds
- Best Buy rates for one and two year terms
- Very competitive 2.20% AER* for the three year Online Bond
The Post Office has today launched a new issue of its Online Bonds. Three new accounts feature market leading rates and are available to customers immediately.
The Online Bonds offer Best Buy rates for one and two year terms, with a very competitive 2.20% AE

Post Office to lend £2.5bn as mortgage demand grows

Post Office to lend £2.5bn as mortgage demand grows

- Post Office intends to lend £2.5bn to mortgage borrowers by year end
- Fifty mortgage specialists in place by end of June
- The Post Office has today launched a major assault on the mortgage market with its intention to lend £2.5bn by the end of the year.
Post Office will increase the amount it lends in response to unprecedented demand from movers, first-time buyers and those looking to

Revellers put expensive gadgets at risk

Revellers put expensive gadgets at risk



- Over 16 million will be attending a UK festival or event this summer
- Tech-dependent festival goers will take an average £524 worth of gadgets
- One in four have lost possessions or been a victim of theft


As the festival and summer events season gets underway, research from Post Office has revealed that festival goers will pack their rucksacks with an average £524 w

Post Office reduces mortgage rates to best ever deals

Post Office reduces mortgage rates to best ever deals

- Table-topping rate reductions on fixed rate products

The Post Office will offer customers its best ever mortgage range as it cuts rates on many products, three of which are now the best in market.
The two year fixed rate products which top the best buy tables come without an arrangement fee. There’s also good news for second-time buyers and those looking to remortgage with a new fixed

Spanish resorts Costa lot less for families self-catering on their summer break

Spanish resorts Costa lot less for families self-catering on their summer break

- Shopping costs are cheapest in Spain as Costa Blanca beats the Algarve to best value slot for families self-catering on holiday
- Self-caterers could pay double the Spain price in Eastern Med supermarkets
- 49 per cent of parents go self-catering to cut holiday costs - but over 1-in-5 admit busting their budget by over £100
- They could save up to 36 per cent shopping at supermarkets ra