Latest News from Money Expert

TSB’s online and app-based banking services appear to be experiencing problems, leaving customers unable to complete transactions and check their balances since midday Tuesday.Customers took to social...

First-time buyers put down an average of deposit of £57,278 last year, £10,829 and 23% more than in 2019, according to research from Halifax.Soaring house prices and tighter mortgage restrictions...

Months after withdrawing their highly-leveraged mortgages from the market during the early days of the pandemic, lenders are resuming lending to those with small deposits.Santander and Nottingham...

Rates on savings accounts have melted away nearly to zero since the beginning of the pandemic and the Bank of England’s slashing of the base rate last March. But savvy savers can still snag a...

HSBC will shutter 82 branches between April and September this year, responding to changing customer preference for digital banking.The coronavirus pandemic has turned many customers to digital...

Virgin Money is axing its online services for credit card customers from 31 January and directing users to its app.The bank said the changes were in response to reduced customer interest in its online...

Santander will slash interest rates on its 123 current accounts to just 0.3% from April, the third rate cut for the once market-leading account in less than a year.This time last year 123 accounts...

People falling behind on credit payments for cars and other goods can have those items seized by lenders from the end of the month, as the Financial Conduct Authority (FCA) ends the pandemic ban on...

The government is considering widening the eligibility criteria for Debt Relief Orders (DROs) amid forecasts that three million more people will need help with problem debt by the end of 2021.The...

Reforms to tackle bogus whiplash injury claims will now come into effect in May 2021, after being delayed due to the coronavirus pandemic.The measures, which limit compensation for whiplash claims and...