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Vicky Shaw

UK
7m

Hundreds of mortgage deals vanish from market amid mini-budget fallout

Some 365 fewer mortgage deals were counted by Moneyfacts.co.uk on Tuesday than were available on Friday - about one 10th of the total

Sep 27, 2022
UK
40m

Odds of winning Premium Bonds prizes improve

Treasury-backed savings giant NS&I said it will increase the prize fund rate from 1.40% to 2.20%.
Sep 27, 2022
Money

64% ‘think banks and others should do more to help customers through crisis’

Some 64% of people surveyed said banks and other financial providers are not doing enough to help their customers during the tough current times.
Sep 27, 2022
Money

Coins and banknotes featuring the King and Queen Elizabeth II will co-circulate

New banknotes featuring Charles are expected to enter circulation by mid-2024.
Sep 27, 2022
Money

58% jump in scam messages where criminals pose as friends and family, bank finds

The cost-of-living scam may seem particularly plausible at a time when people are struggling with bills.
Sep 27, 2022
Money

More than a third of people ‘have cut social activities amid high living costs’

Some 13% of people are already behind on bills and 42% have borrowed money to cope with rising costs, according to Christians Against Poverty.
Sep 27, 2022
Buying & Mortgages

‘Bill shock’ for mortgage holders amid emergency base rate hike fears

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.
Sep 26, 2022
Property News

Average price tag on a UK home jumped by £2,587 in September

There could be some unseasonal price rises over the next few months, Rightmove said.
Sep 26, 2022
UK

Post Office expects rush of people handing over old £20 and £50 notes

September 30 is the last day that the Bank’s paper £20 and £50 banknotes will have legal tender status.
Sep 26, 2022
Money

One in seven people ‘dealing with the cost-of-living crisis with no savings’

With a third of people relying on their savings to get by, UK Savings Week aims to help those who can to get into a better savings habit.
Sep 26, 2022
Money

How will mini-budget announcements affect UK households?

The Government has unveiled a raft of tax cuts as part of plans to drive up growth during the cost-of-living crisis.
Sep 23, 2022
Property News

200,000 more people a year ‘will be lifted out of paying stamp duty’

The nil rate stamp duty band has been doubled to £250,000, with the threshold for first-time buyers rising to £425,000.
Sep 23, 2022
Renting

One in seven tenants in England ‘had rent hike in the previous month’

Shelter, which carried out the research, said rents ‘will deal many renters a knock-out blow’.
Sep 23, 2022
Money

DWP ‘on track’ with £150 cost-of-living payments to people with disabilities

Consumer champion Martin Lewis said for people in a desperate situation, ‘expectation management is crucial’.
Sep 22, 2022
Buying & Mortgages

What does the interest rate jump mean for your mortgage?

Thursday’s Bank of England base rate hike could add to the struggles of first-time buyers, among others.
Sep 22, 2022
Money

Banking and credit behind majority of complaints made to financial ombudsman

Some 44,200 gripes about banking and credit were received in the first six months of 2022.
Sep 22, 2022
Property News

Annual house sales increased by 7.6 per cent in August

A stamp duty holiday, which ended last year, distorted the year-on-year figures.
Sep 21, 2022
Money

Proposals to reform flats insurance market set out by City regulator

The FCA will will consult on measures to improve transparency for leaseholders about the price of their insurance.
Sep 21, 2022
Money

Cutting stamp duty could push up mortgage bills, expert warns

Reports claim the Government is planning to reduce the property tax as part of efforts to boost economic growth.
Sep 21, 2022
Money

Nearly one in four employees have asked for a pay rise this year – survey

A further one in five are planning to ask for an increase before the end of the year, according to research.
Sep 21, 2022
UK

Fifth of adults behind on at least one bill, says charity

Some 45% of people on means-tested benefits said they are behind with at least one bill, according to the Money Advice Trust

Sep 21, 2022