Savers offered 'worst choice on record' as savings market contracts

New data from Moneyfacts has revealed that the number of deals available to savers has contracted to a record low, at a time when savers would hope to see a boom during ISA season.

Published 20 April 2021

UK mortgage rates drop back below 1%

Homeowners are being offered mortgage rates below 1% =for the first time since the beginning of the coronavirus pandemic as lenders anticipate an economic recovery.

Published 16 April 2021

ISA users suffer worst year on record, says Moneyfacts

Savers who put their money into cash ISAs have suffered the worst year on record, with returns over the last 12 months averaging just 0.63pc, according to the latest figures released by Moneyfacts.

Published 30 March 2021

Mortgage lenders seek 40% deposits

Britain's mortgage lenders have dramatically increased their loan-to-value deposits for house purchases with Halifax and Barclays among those seeking 40% down-payments to fund buyers amid rising expectations of a housing crash. 

Published 1 April 2020

Banks increase loan charges amid coronavirus worries

Banks are increasing the cost of personal loans and overdrafts as millions of people plunge into financial difficulty because of the coronavirus pandemic.

Published 24 March 2020