Lloyds Banking Group has launched 'The First Time Buyer Boost' which allows first-time homebuyers to borrow up to 5.5 times their earnings to fund the purchase of a property. The...
National Savings and Investments (NS&I), the government-owned savings bank, has announced that it will be reducing the Premium Bond prize fund by an estimated £25m for the December 2024 draw,...
The top 10 so-called 'vampire' devices are costing UK households almost £80 a year on average, according to a survey by comparison website Quotezone. The survey found that 55% of...
Listen to Episode 479 In this week's episode, I discuss the latest developments in the mortgage market, explaining the rise in mortgage rates despite the recent cut to the Bank...
Skipton Building Society offers a 100% mortgage aimed at renters providing them with a route to home ownership without the need for a deposit or guarantor. The 'Track Record Mortgage'...
The timing of falling inflation could cost benefits claimants next April when annual increases come into effect. Those relying on benefits could see inflation quickly outstripping any payment increases after...
The latest figures from the Office for National Statistics (ONS) reveal that inflation fell to 1.7% for the year to September 2024. This is down from 2.2% in August. The...
State Pension payments are expected to rise by up to £473.20 in April 2025 to keep up with the 4.1% average earnings increase calculated by the ONS (Office for National...
Listen to Episode 478 In this week's episode, I discuss the changing savings market, highlighting the rise of cash savings platforms and investment platforms that now pay market-leading interest rates...
Victims of Authorised Push Payment (APP) fraud can now expect compensation of up to £85,000 within 5 business days of claiming through their bank. It's expected that the £85,000 limit...
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