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Home insurance easiest service to switch

Home insurance is the easiest financial product to switch, a survey commissioned by Gocompare has found.

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Family lending helps households

More than a quarter (28%) of UK adults have needed to borrow money from family members, according to research from the Centre for the Modern Family.

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Life insurance not prioritised by homeowners

Only 1 in 10 people rank having life insurance as a top priority when buying a home, research by TSB has found.

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Rising income for over 60s

The average yearly earnings for over-60s rose by nearly £1,000 between 2011 and 2013, according to analysis by Prudential.

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Increase in mortgage approvals

The number of mortgage approvals grew 8% in June 2014, according to data released by the Bank of England.

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Housing market cools in July

UK house prices grew at the slowest rate in 18 months in July 2014, research by market analyst Hometrack has found.

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Number of pensioner millionaires grows

More than 1 million UK pensioner households have total wealth of more than £1 million, research by Prudential has found.

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Growth in shared home ownership

More than a third (39%) of joint property purchases in the next 2 years will be made between friends, family members and unmarried couples, a survey by Santander has found.

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Half overspend on social life

Half of UK adults are in debt due to their social lives, a survey by the Money Advice Service has found.

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Average student faces financial hardship

The average UK student is short by £277 each month, according to consumer website Save the Student.

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