Over a quarter of young Brits would prefer to buy a house if they were given £20,000, rather than put the cash towards their wedding On average couples saving to buy their first home cut their wedding budget by over £5,000 Britons are turning their backs on the big white wedding in favour of getting on the property ladder, according to research by HSBC.
HSBC is offering an even lower personal loan rate of 3.9% APR representative on loans between £7,000 and £15,000 for existing current account customers and up to £25,000 for Premier account customers.
HSBC is helping students make the most of university life with a range of savings across top brands, guidance on how to manage their money and most importantly, a bank account that gives them ease and convenience so they can concentrate on making the most of their studies.
Popularity of alternatives to deposit savings increasing Britain’s savings have increased over the past year, with the average savings pot rising to £20,844, up 15 per cent from £17,664 in 2013, according HSBC’s savings map of Britain.
HSBC research has shown that regular UK savers plan to utilise the government’s new ISA rules from 1st July, but those choosing cash ISAs still outweigh stocks and shares. One in five (21 per cent) of those surveyed say they will save more in a cash ISA, whilst just 7 per cent of savers say they will save more in a stocks and shares ISA.
A significant investment in new jobs in Scotland will help HSBC’s Scottish operation better connect with customers and help businesses expand at home and overseas, according to Chief Executive of HSBC Scotland, Alison McGregor. Over 200 new roles are being created across HSBC’s different Scottish businesses.
HSBC has committed to expand its traineeship programme for the remainder of 2014 and into 2015 to provide 750 young people with the skills and experience they need to access entry-level job opportunities. The four week vocational training course was launched in early 2014, when three pilot courses took place in London, Birmingham and Sheffield. Since then...
Southampton remains the BTL hotspot for investors with yields of 8.73% The highest yields available in London are found in Newham, Southwark and Brent Rental returns are growing at the fastest rate in Reading and Brighton with yields now respectively 12.8% and 12.6% higher than last year, according to research by HSBC.
HSBC is offering its lowest ever personal loan rate of 4.3% (APR representative) on loans between £7,000 and £15,000 for existing current account customers and up to £25,000 for Premier account customers.
HSBC has installed free Wi-Fi in branches around the UK to help its customers get online while they bank. The hotspots, powered by BT Wi-Fi, are initially available in over 650 HSBC branches throughout the UK. Customers will be able to use any smartphone or tablet to download their mobile banking app or simply browse the web while in the branch.