Latest News from Money Expert

Ofgem has announced that vulnerable customers will receive extra support from their energy suppliers from December 15.The energy regulator has updated its licencing rules, meaning suppliers will now...

Which? magazine has named Coventry Building Society, First Direct and Nationwide the best mortgage lenders of the year, based on a survey of homeowners and analysis of the deals on offer.Chelsea...

Banks are forecasted to hike the cost of unsecured borrowing, just as the UK braces for a second wave of coronavirus—and Christmas spending.The Bank of England’s latest survey of lenders found that...

A mortgage industry overwhelmed by buyer demand and coping with staff shortages due to the pandemic will increasingly rely on flash sales, offering mortgage deals for as little as one day.That’s the...

Switching from an easy-access savings account from a high street bank to the best buy on the market could earn you 96 times the interest rate, research from investment platform Hargreaves Lansdown has...

Insurance provider LV= paid out £6.02 million in 384 claims on life insurance policies following coronavirus-related deaths between March and 31 August.The highest claim value was £800,000, LV=...

The average rate for a two-year fixed mortgage for a buyer with a 10% deposit has risen from 1.97% in February to 3.32% last month, adding significantly to the monthly mortgage payments of first-time...

Prospective homeowners are waiting weeks for lenders to process their mortgage applications, as the stamp duty relief and desire for more space at home propel record numbers of queries.Halifax...

Customers trying to withdraw savings from their NS&I accounts ahead of massive interest rate cuts next month are reporting tech glitches on the bank’s website and lengthy waits to speak to...

Homebuyers and remortgagers with a 10% deposit or equity will struggle to qualify for a mortgage, as all but one 90% LTV deals have vanished from the market.Lenders have yanked nearly all...