Latest News from Money Expert

Nationwide double-charged hundreds of customers for monthly credit card repayments earlier this month, with some overcharged by thousands of pounds.The duplicate monthly repayments for Nationwide...

The UK housing market seems to be gathering pace following last month’s General Election, according to the Royal Institution of Chartered Surveyors (RICS). The latest RICS survey revealed an increase...

Santander has slashed the perks on its flagship current account, a change that will cost its four million account holders up to £100 a year.From 5 May 2020, the interest rate on the bank’s popular 123...

Rents increased by an inflation-busting 3.5% in the year to December 2019 and could rise even faster in 2020, according to HomeLet’s Rental Index.The average rental price increase was above the rate...

People in the UK will be banned from using credit cards to put on bets, the Gambling Commission has announced. In 2018, several charities including Citizens Advice and GambleAware called on the...

Victims who are tricked into transferring money into accounts controlled by criminals see less than half of their lost funds returned, despite a new compensation scheme from banks.Shieldpay found that...

Customers of app-based bank Tandem will have to shell out £5.99 a month to use their previously free cashback credit cards, or lose the card entirely.Tandem closed its popular cashback card to new...

The number of second homes bought in the UK dropped by 2% between 2010 and 2018, according to new research. Data compiled by Swinton Insurance revealed a slight drop in the number of second home...

A record number of Londoners are fleeing the increasingly expensive capital to live in the north of the country, according to a report. Recent data from estate agent Hamptons International has...

Banks will have to set one rate across all easy-access savings accounts which have been open for more than a year, under new proposals from the Financial Conduct Authority (FCA).Banks would be able to...