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BIBA: Eco-cars aren't cheaper to insure
16th May 2008
People considering buying an eco-friendly car should be aware that their insurance premiums will not automatically be any cheaper, the British Insurance Brokers' Association (BIBA) has said.Sales of hybrid cars have risen by 15 per cent this year and they now make up three per cent of the total ... read more »
Mortgage perks are not a "decision-breaker"
16th May 2008
Although some lenders are offering customers extra incentives on mortgage products, they should not be thought of as a "decision-breaker" because a mortgage is a large investment, Moneyfacts has said.Darren Cook, head of mortgages for the company, said added 'perks' may give a mortgage ... read more »
Coventry increases rate on 50 Plus eSave account
16th May 2008
Coventry Building Society has announced it is increasing the rate on its 50 Plus eSave account to 6.10 per cent for 12 months from the date of account opening. The maximum investment is £250,000 and the account can be opened and managed online. In contrast to some fixed-rate savings accounts, ... read more »
Beware of high initial rates, says Britannia
15th May 2008
Consumers should be wary of savings accounts that advertise high initial rates to attract customers as they may not continue to deliver high interest rates once the credit crunch ends, Britannia building society has warned.Britannia spokesperson Jayne Dono said that although people may be able to ... read more »
