Savings: Help to Buy ISA providers named

Help to Buy ISA providers namedThe banks and building societies that are set to offer the Government’s new Help to Buy ISA (Individual Savings Account) have been named. The Help to Buy ISA was announced by George Osborne later this year and is designed to help first-time buyers save enough money for a house deposit. Figures show that the average purchase price paid by a first time buyer is £211,000, with an average deposit of 19% needed. How will the Help to Buy ISA work? First time buyers who take out a Help ...

Why keeping your employees financial healthy is good for your business

Why keeping your employees financial healthy is good for your businessNew research has shown a close link between the financial health of employees, productivity and ultimately business profits. The research, conducted by Barclays across 100 employers and 2,000 members of staff, produced some surprising results, which could make uncomfortable reading for some business owners. 46% of employees worry about the state of their personal finances Only a third of employees feel optimistic about their financial future 20% of employees avoid thinking about their finances because they find it upsetting; 18% even lose sleep over ...

Post Office to launch current account

Post OfficeThe Post Office has announced they will launch a new current account in the spring of 2013. The new current account will initially be launched in a small number of Post Offices, but will be rolled out to all 11,500 branches during 2014. The Post Office claims that the new current account will give consumers access to the UK’s largest branch network and increased opening hours, compared to traditional banks. According to figures from the Post Office, more than three million customers have accessed the many ...

Housing & mortgage round up: House prices and help for first time buyers

Investment Sense Housing & mortgage round upA mixed bag of housing and mortgage news this week. Two house prices surveys show different results, whilst Barclays launch a new mortgage product aimed at first time buyers and another lender pulls back from the interest-only mortgage market. Are you looking for mortgage advice?...