As the cost of fuel increases, it is becoming tough for many drivers to stay on the road, said Alex Hasty, director at comparethemarket.com. “Our research shows high petrol and diesel prices are now forcing drivers to make fewer journeys, and some are needing to cut back on seeing friends and family. “More than eight in ten drivers are worried about the increasing fuel prices and one in three … [Read more...]
Classics being used to borrow money
Classic car owners are increasingly putting their vehicles up as security for loans. HNW Lending, an alternative lender that provides individual loans of between £50,000 and £2 million to clients against their valuable assets, has seen a dramatic increase in enquiries. The company is looking to provide loans against more classic cars because they are easier to validate as genuine when … [Read more...]