Latest News from Money Expert

Brits purchasing a new home over the next six month or year will be spared stamp duty charges, as Chancellor Rishi Sunak tries to stimulate the flatlining housing market.The mini budget being...

Annual House Prices in UK Fall for First Time in 8 YearsThe annual growth of average UK house prices came to a stop last month, according to Nationwide building society.Annual house price growth...

Banks are set to hike their overdrafts rates to nearly 40% after the Financial Conduct Authority gave them clearance to end coronavirus reprieves.Nearly all banks announced hikes to their overdraft...

Short-term, high-cost lender Sunny Loans has joined the list of casualties from the subprime lending sector, as administrators were appointed this week.Elevate Credit International Limited (ECIL), a...

Millions of Brits lack easy access to cash, with one in 10 having to travel more than a mile from their home to use a free cashpoint.The Financial Conduct Authority and Payment Systems Regulator have...

Just 9,300 home loans were approved in May in the UK, as the housing market remained paralysed by social distancing restrictions and buyers, sellers and mortgage lenders stayed wary.The figures,...

The largest travel currency provider in the UK has resumed its services in order to serve tourists preparing for holidays once the COVID-19 lockdown is lifted. The Post Office currently handles around...

TSB customers are using the bank’s online banking platform and mobile app more than ever during lockdown and with more confidence, suggesting a permanent shift in the way Britons engage with their...

Savings rates have cratered, but Britons are still socking away cash in easy-access accounts to weather the coronavirus crisis—if they can afford to.The amount of cash squirrelled away in easy-access...

Guarantor loan specialist Amigo warned that it is struggling to handle a surge of customer complaints and will miss a deadline agreed with the Financial Conduct Authority to clear a backlog of overdue...