Latest News from Money Expert

Lenders will extend mortgage payment holidays until 31 July 2021 for homeowners who have been financially impacted by the coronavirus crisis, the Financial Conduct Authority has confirmed.The City...

Pandemic squeamishness about PIN pads and a raised contactless limit took no-touch transactions to their highest level ever in August.Contactless payments accounted for 62% of debit card and 45% of...

The City regulator has scrapped plans to require banks to have a single easy access rate (SEAR) for savings accounts, amid the upheaval of the coronavirus pandemic.Under proposals from the Financial...

The UK economy is showing signs of slowing down despite rebounding out of recession from July to September.The Office for National Statistics (ONS) said that the 15.5% growth from July to September...

Barclaycard customers could see their minimum payments rise by as much as a third from January, as Barclays overhauls the terms on its credit cards.The credit card provider has announced new terms and...

Low- and middle-income households are turning to emergency loans to make ends meet during the coronavirus jobs crisis, debt charity Stepchange has warned.The charity’s new report, Tackling the...

The Association of British Insurers (ABI) has rubbished claims that making unnecessary journeys via car during the lockdown will invalidate your auto insurance.The trade body was responding to claims...

Paying your Netflix and Amazon Prime bills on time could soon improve your credit score, under a new Boost service from credit reference agency Experian.The service, which launched yesterday, allows...

More than 500,000 customers of collapsed payday lender Sunny Loans could be owed refunds for mis-sold loans, but they’re likely to receive just a fraction of what they’re owed.Sunny offered loans of...

Buyers racing to beat the stamp duty deadline have caused prices to rise at the fastest rate in five years, according to Nationwide.October saw the average price of a house jump to £227,826 - an...