Why shopping around for your car insurance is vital!
As we covered in one of our recent articles on motor insurance, the AA reported a 7.2% increase in average car insurance premiums in the final quarter of 2009. However, the annual increase in car insurance premiums is well into double digits and there is serious concern that motorists will be hit with higher and higher premiums in the short to medium term.
Many of us will have been with the same car insurance company for a number of years and ultimately there are thousands in the UK who will never have looked around. However, there are many comparison websites available which will indicate any potential savings you could make by taking your car insurance elsewhere. Even if your current insurance company turns out to be the most cost-effective for your situation then surely a quick look around the comparison websites will do you no harm?
The truth is that developments in the online arena now make it easier than ever before to check out a whole raft of different car insurance companies using one simple form. Gone are the days when individual e-mails and individual forms had to be completed, and in many cases you will have a summary of estimated car insurance premiums from different providers within a matter of seconds. Many people have made savings into the hundreds of pounds simply by looking around, so what do you have to lose?
Are we in danger of talking down the UK property sector?
Despite the fact that the UK property sector has probably performed better than 99% of analysts had expected in 2009, the recent press has been full of stories about price falls in 2010 and a drop in demand. There is the potential to actually talk ourselves into a property decline in the short term which could prove catastrophic in the short to medium term. Even though it is obvious from the fi...Read More
Are We Approaching The Age Of Public Transport?
As the price of oil, and consequently fuel, continues to spiral higher in the UK and car taxes look set to rise again there is speculation that the main boom area of the future will be pubic transport companies. When you also take into account the growing number of green taxes hitting the UK motorist, slowly but surely it looks as though we are all being pushed towards public transport. But will...Read More
Bridging loans have their place, says CML
Bridging loans may have suffered from some bad press over the years, but they have their place, according to the Council of Mortgage Lenders (CML).Subject to high entry and exit fees, as well as high rates of interest, bridging loans are designed as a last resort for situations where people may have found their ideal new home, but have not been able to sell their old one fast enough and need to ke...Read More
UK mortgage lending increases
UK mortgage lending in July rose 26% to £16 billion from £12.7 billion in June. While this is a useful increase in mortgage lending we are entering the quieter period towards the end of 2009 and the Council of Mortgage Lenders (CML) has warned analysts and experts that mortgage lending will come under more pressure in the latter part of 2009. However, it is worthwhile pointing out that mortgage...Read More
Why is London under attack from EU finance ministers?
Ever since the EU Parliament began to grab control from EU members there has been a concerted effort to reduce the influence and power held by London. With decades of tradition, the London financial markets have a significant standing on the worldwide stage and despite many attempts to weaken the situation in the past, the city remains defiant.
However, many people are concerned tha...