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  • 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

  • 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

  • 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

    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

  • UK’S SAVINGS POTENTIAL INCREASES - BUT 13 MILLION ADULTS SAVED NOTHING OVER THE LAST YEAR

    Amount UK households have available to save (‘potential savings’) has increased by £124 in the last year – to £4,784* …but 13 million adults (26 per cent)** saved nothing over the last 12 months Eight million adults (17 per cent) have never saved at all Forecasts indicate the average amount available to save is expected to rise by 17 per cent by 2020 to £5,591 but many UK households are unlikel

  • POST OFFICE MONEY LAUNCHES NEW MORTGAGE DEALS

    Post Office Money has today launched a new range of competitive mortgage rates, as it continues its bid to become one of the UK’s leading financial services providers.
    The new range of mortgage deals includes:
    60% LTV 1.45% two-year fixed rate mortgage (£995) 60% LTV 1.15% two-year fixed rate mortgage (£1,995) 75% LTV 1.85% two-year fixed rate mortgage (no fee) 75% LTV 2.58% five-year f

  • HOMEOWNERSHIP A DISTANT DREAM FOR NINE MILLION RENTERS

    Nine million UK renters (45 per cent) say they will never be able to afford their own home UK adults expect to be 36 years old before they take their first steps on the property ladder - compared with 35 last year Over two million renters (11 per cent) don’t want to buy a property People expect to spend eight and a half years saving for a deposit
    There are 20 million people currentl

  • POST OFFICE MONEY LAUNCHES NEW SAVINGS RATES

    Post Office Money has today enhanced its range of savings products by increasing the rates on several products New offers include changes to its Online Saver and Online Bond Marks Post Office Money’s commitment to becoming a top five financial services provider by 2020 by offering competitive products
    Post Office Money has today increased the interest rates on its Online Saver and Online Bo

  • POST OFFICE MONEY LAUNCHES CREDIT CARD WITH 25-MONTH INTEREST FREE PURCHASE PERIOD

    Post Office Money’s Matched Credit Card offers 0% on purchases for 25 months* – the best purchase deal currently available on the market
    Post Office Money’s Platinum Credit Card also has a new offer, making it a perfect option for holidaymakers
    Post Office Money has announced an interest-free purchase period of 25 months for its Matched Credit Card* – making it the best in the market for pu

  • Pester Power Could Make Family Fun In The Sun A Budget Buster

    Stellar sterling means prices for tourist items have dropped across Europe Turkey and Bulgaria best for bargain hunters looking to cut holiday spending But pester power for beach extras could wipe out the sterling benefit – as three-quarters of parents admit overspending on their last trip abroad As schools prepare to break up for the summer, the annual Family Holiday Report from Post Office

  • PARENTS TO SPLASH OUT £600 ENTERTAINING KIDS THIS SUMMER HOLIDAY

    Parents to spend £600 entertaining their children over the summer break – over £100 more than last year An additional £146 will be spent on fuel and a further £101 on childcare –taking the total possible cost to almost £900 Over half of all parents (55 per cent) worry about the cost of entertaining their children during the holidays One in five parents (18 per cent) will dip into their savings t

  • POST OFFICE MONEY LAUNCHES BEST BUY MORTGAGE DEALS

    Post Office Money’s latest mortgage range includes market-leading deals Deals mark its commitment to becoming a top five financial services provider by 2020 by offering competitive products
    Post Office Money has announced the launch of several best-buy mortgage deals today, as it continues to shake up the mortgage market.
    The market-leading deals include:
    60% LTV 1.05% two-year fi

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