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Shoppers plan to spend £1.8 billion over Black Friday and Cyber Monday, despite suggestions of ‘discount fatigue’ this shopping season Bargain hunters will spend an average of £152 each during these annual sales events While many will still head to the high street, online shoppers are half as likely to make an impulse purchase Despite reports of ‘discount fatigue’ among UK shopper, new res
Properties in Bristol and Edinburgh sell fastest – an average of 51 and 53 days, respectively Homes in Swansea and Liverpool have the longest wait to be sold, with the typical property taking over 100 days to sell in both of the cities House price hotspots Brighton and London, have seen the sharpest increase in the typical time that properties spend on the market - taking more than 20 per cent l
Number of ‘parent landlords’ in the UK likely to increase in the coming years, with 1.4 million current and prospective owners of properties rented by their children One in 10 of those living in their parents’ property are allowed to live there free of charge, with only five per cent charged the rental market rate Parents are unable to let go of their offspring, with a quarter wanting
The average cost of damage caused during a break-in is £566… …coupled with an additional £2,267 from the value of stolen items The percentage of burglaries where computers are stolen has risen dramatically over the last decade (17 per cent to 34 per cent) A burglary will cost the average household £2,833, according to Post Office Home Insurance. The research, taken from the Off
New seven-year fee free fixed rate, 75% LTV at 2.59% Market leading new rates at 85% LTV New rates feature cashback aimed at helping first-time buyers and reduced Help to Buy and Buy to Let rates Post Office Money Mortgages has today launched a new range of competitive mortgages, including its first ever seven-year fixed rate. The move follows demand from customers for longer term val
8.5 million UK renters (40 per cent) say they will never be able to afford their own home Aspiring first time buyers expect to be 34 before they can afford to get on the property ladder Third of prospective homebuyers (30 per cent) see the deposit as the biggest barrier to homeownership UK adults expect to spend eight years saving for a deposit The recent Help to Buy ISA news will be a blow for
The Post Office is introducing talking cash machines for blind and partially-sighted customers as part of an upgrade to its ATM network. The upgrade will take place over the next six to nine months. The speech enabled machines will allow customers to plug earphones into the machines and be verbally guided through their transactions. They will input their PIN and select the service they require
Football fans spend the most on their hobby – an average of £276 per supporter over the past 12 months, with the biggest spenders forking out up to £5,000 Tickets, food and drink, satellite TV packages and travel are most popular pulls on sports fans’ purse strings Being a sports fan cost UK adults over £20 billion in the last year, according to new research from Post Office Money Credit C
Market-leading fixed rated in two, three and five-year terms and at 75%, 80% and 90% LTV Market-leading Help to Buy mortgages offer £400 cashback on completion and a free valuation Post Office Money has today launched a new range of competitive mortgages,with market leading rates across two, three and five-year terms as well as market-leading Help to Buy products – which have the added
Cost of moving home nearly double what buyers expect it to be Homebuyers spending average £13,219 on moving home,* compared to the £7,496 they expect The cost of moving has increased by 65 per cent over the last decade, though costs have fallen 19 per cent in last year due to stamp duty reforms The combined ‘additional costs’ of moving home, such as estate agent fees and conveyancing
More than a third (36 per cent) of all properties sold last year were in areas where the average home was unaffordable for first-time buyers Average property prices equivalent to more than five times the average income of first-time buyers Tale of two cities: Brighton and Southampton at different ends of the affordability spectrum despite being separated by just 70 miles Soaring house price
Post Office Money has today enhanced its already competitive mortgage range by announcing new fee-free mortgage deals, including the lowest Help to Buy two-year fixed rate mortgage in the market for a product without an arrangement fee.*The new range of mortgage deals includes: 80% LTV 2.28% two-year fixed rate mortgage** 80% LTV 3.03% five-year fixed rate mortgage ** 85%
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