
Some consumers are getting themselves back on track financially - having used the long weekend to plan ways of saving money.
Some consumers are getting themselves back on track financially - having used the long weekend to plan ways of saving money.
Many Britons have taken the opportunity of the long Easter weekend to "spring clean" their personal finances, it has been suggested.
Specialist site Fairinvestment.co.uk released new research on the issue, including a survey of consumers which showed that 31 per cent have changed the way they save since the onset of the crisis.
The poll also found that 16 per cent of people were on tracker mortgages - and had been put in a much better financial position by the Bank of England's recent reduction of its lending rate from five per cent to just 0.5 per cent.
Sharon Bratley, chartered financial planner at the site, said: "If [the borrowers] kept their mortgage repayments at the level they were at before their rate was cut, they could now be making significant overpayments."
Other "spring clean" tips from Fairinvestment.co.uk included contacting a financial adviser for a pension review and switching savings account providers for one which provided better returns.
Ms Bratley added: "There are so many benefits to a financial spring clean and starting now could really save people some money by the end of the year."


