Latest News from Money Expert

Tesco’s high-interest current account will pay zero per cent interest from September, as the supermarket joins the ranks of stingy banks.Tesco’s current account currently pays a competitive 1% AER on...

As expected, Chancellor Rishi Sunak has announced a stamp duty holiday to stimulate a housing market hamstrung by coronavirus.From this past Wednesday until 31 March 2021, homebuyers purchasing...

Need to cancel a trip because you test positive COVID-19 and are required to isolate? A new travel insurance policy from Rock Insurance Group, under the InsureFor.com brand, will allow you to claim...

Homeowners who improve the energy efficiency of their homes will see their monthly mortgage payments fall, with a new green mortgage from Saffron Building Society.The lender’s new “retro fit” mortgage...

Brits purchasing a new home over the next six month or year will be spared stamp duty charges, as Chancellor Rishi Sunak tries to stimulate the flatlining housing market.The mini budget being...

Annual House Prices in UK Fall for First Time in 8 YearsThe annual growth of average UK house prices came to a stop last month, according to Nationwide building society.Annual house price growth...

Banks are set to hike their overdrafts rates to nearly 40% after the Financial Conduct Authority gave them clearance to end coronavirus reprieves.Nearly all banks announced hikes to their overdraft...

Millions of Brits lack easy access to cash, with one in 10 having to travel more than a mile from their home to use a free cashpoint.The Financial Conduct Authority and Payment Systems Regulator have...

Short-term, high-cost lender Sunny Loans has joined the list of casualties from the subprime lending sector, as administrators were appointed this week.Elevate Credit International Limited (ECIL), a...

Just 9,300 home loans were approved in May in the UK, as the housing market remained paralysed by social distancing restrictions and buyers, sellers and mortgage lenders stayed wary.The figures,...