Latest News from Money Expert

First-time buyers in England will be able to apply for discounts of up to 50% on new-build homes, under a new government scheme to boost homeownership among key workers and young people.The First...

Mortgage intermediary brand Platform and bank NatWest have separately launched mortgage deals with the best rates ever available for two- and five-year fixes, respectively.Just weeks after TSB drew...

Reforms that will make it more difficult for fraudsters to claim payouts for whiplash took effect on Monday, after being delayed by more than a year as a result of the coronavirus crisis.The reforms...

The number of complaints filed with the Financial Ombudsman Service (FOS) spiked over the last 12 months, suggesting that banks and other financial providers are failing consumers battered by the...

Starting from September, Nationwide Building Society will hand out £1 million in prizes each month, with all customers eligible for the drawing.The building society’s new Members Prize Draw will give...

Banks should reveal how often they reimburse customers who fall victim to bank transfer scams, Which? has urged.The consumer advocate has given financial institutions until Friday to disclose their...

The high court has refused to approve a controversial plan to limit compensation owed to customers sold unaffordable loans by Amigo, leaving the guarantor lender at risk of collapse.Mr Justice Miles...

The cycling boom got an extra lift during the pandemic, but new cycle commuters and hobbyists may find their insurance cover isn’t up to scratch.Cycling has exploded in popularity over the last...

Retail sales were boosted last month by a surge in spending on clothes as non-essential shops reopened for business.The Office for National Statistics said that retail sales ticked up by 9.2%, with...

With holidays cancelled, commutes suspended and nights out swapped for Netflix, some households have had extra cash on hand during the pandemic. Many piled that money into savings, but now they’re...