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Two-fifths of UK workers earned less than the average increase in a UK home’s value in the last year

Two-fifths of UK workers earned less than the average increase in a UK home’s value in the last year

Two out of five UK workers (38 per cent) earned less than the average UK property gained in value over the last 12 months House prices increased by an average of £18,119 over the last year – 69 per cent of the average wage (£26,426) UK workers only caught up to their house’s ‘earnings’ by 4th September last year However, annual property earnings have fell by £5,800 compared with the previo

Post Office Money launches market-leading mortgage deals

Post Office Money launches market-leading mortgage deals

Post Office Money launches market leading new mortgage rates, including fee-free options

Post Office Money has today launched a new range of market-leading fixed rate mortgages, as it continues its bid to become one of the UK’s leading financial services providers.

The new range includes two market-leading deals:

3 year fixed 2.24% 85% LTV (£1,495) 3 year fixed

It’s Golden Boldies Not Golden Oldies As 55 And Overs  Get Adventurous On Their Holidays

It’s Golden Boldies Not Golden Oldies As 55 And Overs Get Adventurous On Their Holidays

Over a quarter of 55 and overs are more adventurous on holiday than when younger
27 per cent have taken part in action sports like canoeing, trekking and snowboarding and a third plan to do so on future holidays
Most of all, Golden Boldies have the cycling bug: over 1-in-10 have cycled on recent holidays and 15 per cent will do so on their next trip abroad
Boldies’ bucket list is surprisi

POST OFFICE MONEY LAUNCHES ITS LOWEST PERSONAL LOAN RATES

POST OFFICE MONEY LAUNCHES ITS LOWEST PERSONAL LOAN RATES

Instant decision personal loans from Post Office Money Rates from 4.4 per cent APR* on loans from £1,000 to £25,000 Competitive rates mark Post Office Money's intention to become one of the leading financial services providers by 2020
Post Office Money has today launched its lowest ever personal loan rates, including 4.4 per cent APR (representative) on loans between £7,500 and £15,

 33 MILLION* UK ADULTS IMPACTED BY THEIR PARENTS’ SAVINGS HABITS

33 MILLION* UK ADULTS IMPACTED BY THEIR PARENTS’ SAVINGS HABITS

Two-thirds (66 per cent) of people say their savings habits is impacted by their parents Nine million (18 per cent) think their parents were bad savers ..and eight per cent hold them responsible for having a negative impact on their own savings Savings begins at home: Post Office Money encourages families to talk to their children about the importance of saving
Two-thirds of the UK (66 per

Christmas gifting overseas: 20.7 million have a relative living abroad

Christmas gifting overseas: 20.7 million have a relative living abroad

Post Office analysis of money transfers reveals 16th December1 is expected to be the busiest day of the year for international payments Rise of the ’Multi-Country family’ (MCF) is driving international Christmas money transfers, as 41 per cent of UK adults currently have at least one relative living abroad The number of people with more than five relatives abroad has doubled in the past five year

HSBC BUSINESS CUSTOMERS TO ACCESS SERVICES AT THE POST OFFICE

HSBC BUSINESS CUSTOMERS TO ACCESS SERVICES AT THE POST OFFICE

Post Office will now accept banking transactions from HSBC’s business customers as it extends a number of services already offered to HSBC’s personal customers.
The move will allow HSBC business customers to pay in cash, withdraw funds as well as check their account balance. The Post Office, with its extensive branch network, will provide HSBC customers access to 11,500 Post Office branches to

POST OFFICE MONEY LAUNCHES MARKET-LEADING MORTGAGE DEALS

POST OFFICE MONEY LAUNCHES MARKET-LEADING MORTGAGE DEALS

Post Office Money has today launched a new range of competitive mortgage rates in both its residential and buy to let mortgage ranges, as it continues its bid to become one of the UK’s leading financial services providers.
The new mortgage range launch includes two market leading buy to let deals:
70% LTV 2.45% two-year fixed rate mortgage (£1,995) 75% LTV 3.69% five-year fixed rate mortg

POST OFFICE MONEY REVEALS 2.5 MILLION ADULTS CAN’T READ A ROADMAP

POST OFFICE MONEY REVEALS 2.5 MILLION ADULTS CAN’T READ A ROADMAP

• Over seven million* adults have never used a roadmap, of which 2.5 million** wouldn’t know how to use one if they tried • Only a quarter of people in their twenties (28 per cent) prioritise checking the road worthiness of their car before taking a long journey • Over eight million adults don’t know which county Big Ben is in***

Post Office Money comments on the findings of the Competition and Markets Authority Review into the personal current accounts market

Post Office Money comments on the findings of the Competition and Markets Authority Review into the personal current accounts market

Nick Kennett, Director of Financial Services, Post Office Money comments on the findings of the Competition and Markets Authority Review into the personal current accounts market:
“Today’s report from the CMA is disappointing and misses the opportunity of making significant change to the current account market. After months of investigation it merely highlights problems that we have known for s

International “Spare room” trade worth £32 billion a year

International “Spare room” trade worth £32 billion a year

One in five Brits has sold items to an online international buyer for a profit in the past year and one in ten has purchased from an overseas seller for commercial purposes Online importers and exporters expect substantial increases in trade in the next 12 months Most items imported from Asia, while European Union countries are our top export partner
The boom in home-based businesses is hi

MEDIA ALERT: POST OFFICE MONEY OFFERS MARKET-LEADING 27 MONTH 0% PURCHASE PERIOD ON ITS MATCHED CREDIT CARD

MEDIA ALERT: POST OFFICE MONEY OFFERS MARKET-LEADING 27 MONTH 0% PURCHASE PERIOD ON ITS MATCHED CREDIT CARD

Post Office Money has announced an interest-free purchase period of 27 months for its Matched Credit Card – making it the best in the market for purchases.
The Matched Credit Card offers customers:
0% on purchases for the first 27 months.* 0% on balance transfers for 16 months. 2.98% fee applies and balance transfers must be made within 3 months of account opening No cash fee to buy t

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