Wipe the cobwebs off a current account
Article Abstract:
UK banks hold very large sums of money in accounts which have become dormant because contact can no longer be made with the account-holder. Similarly, life insurance companies have large sums in unclaimed death benefits and investment policy payouts. Those seeking to track down a dormant account can obtain information from the British Banking Association, which operates a scheme covering 37 banks. The Building Societies Association will also make inquiries about dormant accounts.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Let your feet do the talking
Article Abstract:
It is becoming increasingly common in the UK for borrowers to move to a different mortgage provider if they feel that they could obtain a better deal. However, many people become confused by the vast range of mortgages available. It is very important to look beyond the headline rate at the terms and conditions, as the benefits of a lower interest rate can be cancelled out by redemption penalties, arrangement fees, completion fees and compulsory insurance.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Riding the storm can be a breeze. A job for the wrecking crew. Take a deep breath, and get out there
- Abstracts: 'It's not cool to be a virgin at 16.'. 'You learn more and you get better at it.'. 'It's less rushed now that I'm older.'
- Abstracts: Summer surprises. Make a date with your sweet pea. Last chapter in the forsythia saga
- Abstracts: Jean Mercure and Jandeline. Juzo Itami. Nakamura Utaemon VI
- Abstracts: What feminism offers men. Silent witness no longer. Let our land be wild and fierce