Tree subsidence danger highlighted
Homeowners are being warned about the potential subsidence dangers caused by planting trees too close to their homes.According to Halifax Home Insurance, planting trees too close to homes accounts for the majority of subsidence claims dealt with by insurers.In extreme cases, subsidence can cause major structural damage to homes, however paying special attention to the trees and vegetation around a property can go a long way towards reducing the risk of a subsidence problem."When people plant trees they plant them as young saplings in the garden and obviously they are going to prove no problem whatsoever till after a good number of years," Neil Curling, spokesperson for Halifax Home Insurance said."Regardless of whether the present incumbents stay in the house long enough they have set in motion a chain of events which can lead to subsidence."People do plant trees too close to houses and they bring about the majority of subsidence insurance claims that we face," he added.Most people are insured for subsidence in their home insurance policy, even if they planted the offending tree themselves.
Is bankruptcy really as bad as people say?
While the words bankruptcy, trust deeds and insolvency will strike fear into many UK consumers, is bankruptcy really as bad as people say?
It is easy to forget sometimes that bankruptcy regulations and bankruptcy laws are there to protect those in financial trouble. They are not there to make it easy to write off your debts, reduce your liabilities and walk away but they are there f...
OECD confident on UK economy
The Organisation for Economic Co-operation and Development (OECD) has today released a report suggesting that the UK economy will outperform fellow G7 members in the third quarter of 2010. This will be a welcome relief for the UK government which is currently under major pressure regarding proposed benefits and public-sector investment cuts at a time when many in the UK are struggling to make ends...Read More
Opening hours this Christmas at Financialadvice.co.uk
15/12/2014 Over the next couple of weeks our opening hours are set to change. If for any reason you still need to get in touch with us over the Christmas break, you can still ask us a question online, call us and leave a message or send us an email; one of our fully qualified financial advisers will get in touch when our offices re-open. Our Christmas opening hours are as follows: 1st-...Read More
Consumer Confidence Collapses Yet Further
While it looked as though the figure for consumer confidence in June could get no worse, the figure for July has shocked many in the markets. A GfP NOP survey has highlighted the fact that consumer confidence has fallen to -39 points for July, a fall of 5 points from the June figure. This is now the lowest figure since the dark days of 1974 and lower than the figure for March 1990 - the last maj...Read More
What does the future hold for the UK economy?
As the Office for National Statistics issues yet more revisions regarding the performance of the UK economy during the first quarter of 2009 there are concerns about UK government forecasts for the future. The UK government is forecasting economic growth of 1.25% in 2010 although the Organisation for Economic Co-operation and Development believes that the UK economy will show no growth and effecti...Read More