Post Office Media

Payday splurge: Brits double their daily spending on payday Post Office and CEBR reveal UK adults ‘unconsciously spend’ more than £900 of their potential savings every year

15 May 2019 09:44

-Non-essential spending doubles on payday for a third of Brits (32%)
-Brits spend £56 on non-essential spending on payday and £17 a week on unplanned purchases
-When socialising, those living with housemates face the biggest temptations, spending £132 each week
-Iona Bain from Post Office Money’s Save More Squad provides tips to help people review their personal spending habits and ways

Holiday Hotlist 2019

26 January 2019 00:01

If you’re looking for holiday inspiration for the year ahead look no further as Post Office Travel Money today reveals its Holiday Hotlist for 2019. Together with Airbnb, we’re showcasing some examples of unique accommodation available in each destination to get your imagination fired up.
The Post Office Travel Money Holiday Hotlist 2019 was selected by considering a number of decision-making f

Post Office Money launches market-leading BTL mortgage deals

31 January 2017 13:15

Post Office Money will launch a new range of competitive buy-to-let (BTL) mortgages on Friday, including four market leading deals designed to offer great rates and keep initial expenses down for the cost-conscious property investor.
Post Office Money’s new BTL mortgage products are designed for those buying their first BTL property, or someone who aspires to own one or two investment propertie

Post Office and UK Banks’ partnership secure access to local banking services

24 January 2017 09:00

Unrivalled access to banking through the Post Office’s 11,600 branches offering longer hours and Sunday opening 99 per cent of UK personal bank customers and over 75 per cent of business customers can do their day-to-day banking at the Post Office 110 million banking transactions carried out last year - a six per cent increase on the previous year and more than 200 every minute New deal builds u

POST OFFICE MONEY OFFERS TABLE TOPPING RATES

5 January 2017 12:57

Post Office Money bucks the trend by raising the interest rate on its Online Saver to 1.01% gross/AER* variable
Post Office Money continues to provide some of the best savings rates on the market with table topping increases to its Online Saver rate of 1.01% gross/AER* variable. The new rate will be available online to customers from Thursday 5th January 2017.
Online Saver interes

POST OFFICE MONEY ADDS EXTRA HOME CONTENTS COVER THIS CHRISTMAS

8 December 2016 09:20

Post Office Money customers rewarded with an automatic 10 per cent increase in home contents cover over the festive period*
Post Office Money Home Insurance is giving its customers one extra present this festive season by increasing their home insurance cover by 10 per cent from one month before and one month after the holiday season.
With many homes filled with lots of Christ

BLACK FRIDAY AND CYBER MONDAY SHOPPERS SET TO SPEND £1.8 BILLION – DESPITE REPORTS OF ‘DISCOUNT FATIGUE’

24 November 2016 00:01

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

Rate of Sale: The average UK property takes 91 days to sell

26 October 2016 08:57

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

Pa-rentals: Number of parent landlords on the rise

7 October 2016 09:00

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 cost of a burglary: Victims faced with £2,833 bill from damaged and stolen items

5 October 2016 11:46

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 Offic

Post Office Money opens up longer term low rates with fee-free 7-year fixed rate

27 September 2016 10:48

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

Forever renters: More than eight million expect to never own their own home

23 September 2016 00:01

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

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