Bank refunds could help people continue to afford the luxury items they are hesitant to give up.LV= has released new statistics which revealed the average British household now spends £5,850 on 'lifestyle essentials', despite the financial restrictions imposed on some people after the banking crisis.The most popular extravagance individuals parted with their money for was holidays, as a total of £81.5 billion was spent during the 12 months preceding August 2011.Mark Jones, head of protection at LV= said: "The nation is clearly reluctant to give up what they class as 'lifestyle essentials'. And the increasing cost of these items and services is putting people under pressure financially."He was referring to statistics that show more than three-quarters of people reduced their expenditure on basic items such as food to be able to afford the luxury items.LV= recently revealed that homeowners nearing retirement have seen an average £24,651 house price decrease over the last three years.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated
claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk/search.aspx
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233,
whose head office and registered office is at Suite 2, Unit 25, The Coda Centre,
Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office. Registration number Z1728023
and holds a Credit Consumer License issued by the Office of Fair Trading license
Please note that calls may be recorded and email traffic monitored for the purposes
of security and staff training.
* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are
no upfront costs to pay. Our fee only becomes payable on a successful outcome of
a claim. A cancellation fee is payable if you decide that having instructed Belmont
Thornton to act on your behalf, and after 14 days of signing your Letter of Authority,
you do not wish to continue pursuing your claim with us. The cancellation fee is
the reasonable costs incurred for the work undertaken. Please see our terms of engagement.
By using our web-site, you agree that we can place the types of cookies described