Latest News from Money Expert

Mastercard will phase out magnetic stripes on its credit and debit cards over the next decade after chip and pin and contactless payments have made the technology redundant.The transition will begin...

Insurers are denying life, critical illness and income protection insurance to people suffering long-term consequences of Covid-19, and some are already making vaccination against the disease a...

Lenders are breaking records with ultra-low mortgage rates but hesitate and you’ll miss some of these deals.Research from Moneyfacts reveals that the typical mortgage is now available for just three...

Police have seen an uptick in thieves hijacking keyless entry systems to swipe cars right from victims’ driveways and are urging motorists to take precautions against this type of crime.Provisional...

Analysis carried out by Halifax has shown that Winchester is now the least affordable city in the country to buy a home. The average price of a home in Winchester is 14 times the average earnings in...

Tesco Bank is temporarily suspending current account switching, after announcing last month that it will shutter all current accounts by 30 November.The supermarket’s banking arm says it has been...

Home buyers willing to pay more for greater space as a result of working from home is helping to drive house prices up in the UK, says the Bank of England.Ben Broadbent, Deputy Governor, said the most...

Most mortgages allow homeowners to pay over and above their monthly bills. But few borrowers are taking advantage of this perk, even though doing so can save you thousands over the term of your...

Olympic athletes toppled world record after world record last week in Tokyo, and back home in the UK, mortgage rates were setting their own records.Just a month ago, HSBC and TSB were shocking...

The largest mortgage lender in the UK has predicted that the house price boom in Britain will cool after new data showed a drop in the annual rate of property inflation.Halifax said that prices rose...