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Latest financial news and articles

You don't have to be a money expert to stay in the know with what's happening in the world of finance. Our constantly updated news section provides bite-sized details of key facts, figures and changes.

Interest rate rise on the cards as mortgage activity increases

A recent speech given by Mark Carney hinted at a rise in the nation interest rate as soon as next year.

2 Sep 2015 Read More

Personality tests could form part of future loan applications

Soon, psychometric personality tests could be added to the myriad ways in which lenders assess the eligibility of potential borrowers in the future.

2 Sep 2015 Read More

More and more elderly people cashing in pensions to pay of debts

In what is being described as a “worrying trend” by charities, a fast increasing number of older people are cashing in their pension pots in order to pay off existing debts.

2 Sep 2015 Read More

Customers can now spend £30 a time using contactless cards

As the use of contactless debit and credit cards skyrockets, the maximum amount that can be spent per transaction has been increased from £20 to £30.

2 Sep 2015 Read More

First Utility Bring Out New One Year Fixed Dual Fuel Deal

There is a new dual fuel deal being offered by the energy supplier First Utility. The deal, going by the name of "iSave Fixed October 2016 v2 tariff", will cost the average household £890 per year with a direct debit payment.

27 Aug 2015 Read More

Savers Lose Out On 12.5% Interest With Accounts That Pay Monthly

If you choose a savings account that pays out each month as opposed to each year, you could be missing out on up 12.5% interest when compared to accounts that pay out yearly.

27 Aug 2015 Read More

Lending For Mortgages Hits 7 Year High

The Council of Mortgage Lenders has released figures that show that mortgage lending in July was at the highest point that it has been since 2008.

26 Aug 2015 Read More

Buying A House For First Time Will Save £670 a Year On Rent

Halifax have released figures for June that reveal how much the average first time buyer will have to pay each month in mortgage repayments compared to the average renter.

26 Aug 2015 Read More

Complaints About Packaged Bank Accounts Going Up

The Financial Ombudsman has revealed that the number of complaints about "packaged" bank accounts has risen steeply in the first half of this year.

26 Aug 2015 Read More

Halifax Introduce New Mobile Mortgage Check

Halifax have introduced a new ground-breaking tool that allows users to reach an "Agreement in Principle" on a house that they have recently viewed.

20 Aug 2015 Read More

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