Latest News from Money Expert

The movement of customers to online banking has prompted another bank to close the doors of some of its high street branches.Virgin Money will shut 31 of its 162 branches in early 2022. The bank,...

Consumers worried they’re being conned can now dial 159 to be connected to their bank and receive advice, in a new pilot scheme to tackle the epidemic of bank transfer scams.Anti-fraud coalition Stop...

Nationwide is introducing a hotline that lets customers check payments they worry are suspicious before they send them. But the UK’s largest building society says that technology, telecoms and social...

Following a Competition and Markets Authority (CMA) investigation, thousands of leaseholders will be freed from expensive contract terms with housing developer Countryside Properties.The CMA said that...

One silver lining of stay-at-home orders has been a fall in burglaries and catastrophic leaks, with a resulting drop in home insurance premiums. But as the economy reopens and we venture back to work...

Bank transfer scams fleeced Brits of £355.3 million in the first half of 2021, the first time that figure has exceeded the money stolen through credit card fraud.There were a total of 106,164 cases of...

American investment bank JP Morgan is launching an assault on the UK retail banking market, with a new app-only current account operating under its Chase brand.Chase is the largest consumer bank in...

The post-pandemic house price boom could get a further boost next year, as average mortgage rates dip still further.Consultants Capital Economics projects that the average mortgage interest rate will...

The Co-operative Bank’s brand Platform has lowered the bar on mortgages still further, launching a 0.79% loan that’s the cheapest ever offered in the UK.The mortgage price war has been escalating for...

Digital bank Monzo is entering the controversial buy now, pay later (BNPL) market with its new Flex service which allows users to borrow up to £3,000.Monzo says it has taken “the best bits” of BNPL,...