The Chronicle

POUND NOTES

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FINANCIAL FACT

HOME owners are prepared to pay £27,109 extra for a property with a garden, compared to one without any outside space, a survey from property website Zoopla has found.

WEBSITE SEES JUMP IN 18 TO 24-YEAR-OLDS SEARCHING FOR CREDIT CARDS

THE number of credit card inquiries being made by 18 to 24-year-olds has surged in the run-up to the summer holidays and festival season, according to a comparison website.

MoneySuper­Market said credit card inquiries among this age group leapt by 74% in April and May this year, compared with the same months in 2017.

It has seen a jump in inquiries about cards designed for rewarding consumers for spending, cards specialisi­ng in overseas spending and cards offering 0% interest on purchases for an initial period of time.

PARENTS BUYING CHILDREN ‘GUILT GIFTS’ OVER SUMMER HOLIDAYS

FOUR in five pressured parents plan to fork out extra money on their children over the summer holidays, to compensate for the lack of time they are able to spend with them, a survey has found.

Some 82% of parents expect to lavish their children with ‘guilt gifts’ of treats and activities, to make up for a shortage of family time, online marketplac­e Groupon found.

On average, they expect to spend £187.40 more a week, per child, than they normally would, the survey of parents with children aged five to 16 found.

MARRIED COUPLES DON’T LIKE DISCUSSING THEIR FINANCES

MARRIED couples would rather discuss their political beliefs, their medical history and even their death than talk to their spouse about money, a survey has found.

The findings were made by Direct Line Life Insurance, which encouraged people to talk about their finances. Jane Morgan, business manager at Direct Line Life Insurance, says: “A conversati­on about your finances can be awkward, and if you’ve got debt, even somewhat distressin­g. But, it’s important to ensure your partner is aware of your financial position, especially if you live together or are married, as they could be liable for any outstandin­g debts.”

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