Latest News from Money Expert

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...

Remortgaging onto a new fixed-rate deal can save homeowners an average of £169 a month, TSB has calculated.While interest rates for low-deposit mortgages, often used by first-time buyers, have risen...

Two more major mortgage lenders will relaunch low-deposit mortgage products, widening choices for first-time buyers.HSBC was one of the few lenders to continue offering highly-leveraged mortgages...