POUND NOTES

■ Financial fact: The average rate on a 10-year fixed rate mortgage started to creep up from a record low in February, according to Moneyfacts.co.uk.

At the start of February, the average rate on the market for this type of deal was 2.96%, but a few weeks later it was at 3.05%.

■ Cover for personalised number plates varies, study finds: Drivers are being warned that if they have a personalised plate and their vehicle is stolen or written off, the private plate may be at risk.

GoCompare car insurance analysed 302 comprehensive car insurance policies and found only 19 specifically cover the loss of a personalised plate, if the car was lost or stolen.

Of those providing cover, the sum insured varied widely from £200 to unlimited.

■ Millennial generation ‘candid about cash’: More than nine in 10 (93%) millennials say they are fully clued up on their partner’s finances, uSwitch has found.

Tashema Jackson, a money expert at uSwitch.com, says: “Being clued up on your partner’s finances is not only wise if you are committing to each other, but is imperative if you are planning on taking out any form of credit together.

“Once you take out a joint financial product with someone, you are both jointly and severally liable for the full balance of the loan, and any missed payments or defaults from either party will impact on both your credit ratings.”

■ First time buyers ‘potentially £27,000 better off than renters’: Would-be first time buyers could be £900 better off per year on the housing ladder than renting, research suggests.

Over a 30-year mortgage term, this could make home owners £27,000 better off compared with renting, the calculations from Halifax found.

The research tracked the cost of buying or renting a threebedroom property faced by the typical first-time buyer across the UK.