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News
Credit card 'mistake' made in late teens 'can cause problems for years"
1+ hour, 36+ min ago (432+ words) Young people are leaving school without understanding how credit cards work or how mistakes made in their late teens can potentially affect their money for years, a financial adviser has warned. He said: "I'll show them all the things they…...
Bumper new savings account offers 4.85% - top big name account
1+ day, 2+ hour ago (309+ words) A Treasury-backed savings provider has launched new fixed-rate savings accounts with rates of up to 4.85%. National Savings and Investments (NS&I), is the "only savings provider that secures 100% of your savings, over £120,000", as they're guaranteed by the UK Government. It means…...
Britons with £8,099 in savings issued urgent warning after change
1+ day, 3+ hour ago (868+ words) Britons have been urged to review their savings rates – as they could effectively be haemorrhaging money. If your savings provider is not delivering at least the current inflation figure of 2.9%, your funds are being steadily eroded, according to financial experts....
'Cheaper than fixed rate' mortgage deals 'become more popular"
1+ day, 22+ hour ago (204+ words) Since this week’s inflation data, swap rates, which are used to price fixed-rate mortgages, nudged up slightly, reinforcing the view that further material rate cuts by lenders might be off the cards for now. Mortgage expert Jamie Elvin, director of…...
Parents change back to school shopping habits because of cost
3+ day, 2+ hour ago (255+ words) Most parents compare prices online before committing to a purchase - with a third claiming it helps them save on back-to-school shopping, according to a survey. 60% of mums and dads do their price comparison homework before doing the back-to-school shop, with…...
Building society launches???market-leading??? savings account with 4.91% interest rate
3+ day, 21+ hour ago (338+ words) Scottish Building Society has launched a new fixed-rate savings account with a "hefty" interest rate. Scottish BS announced on Thursday (August 20) that it's 2-Year Fixed Rate Bond is now available with a 4.91% rate. There are two to choose from depending…...
Building society launches ‘market-leading’ savings account with 4.91% rate
3+ day, 21+ hour ago (338+ words) Scottish Building Society has launched a new fixed-rate savings account with a "hefty" interest rate. Scottish BS announced on Thursday (August 20) that it's 2-Year Fixed Rate Bond is now available with a 4.91% rate. There are two to choose from depending…...
Mortgage expert explains 'common reason' for rejection and what to do next
5+ day, 4+ hour ago (598+ words) Having a mortgage application rejected can be devastating, particularly if you have already found the home you want to buy. But a rejection does not necessarily mean you cannot get a mortgage at all, with lenders turning borrowers down for…...
John Healey handed inflation nightmare as prices set to soar - highest rate i...
5+ day, 5+ hour ago (661+ words) The UK inflation rate has risen to 2.9% in the 12 months to July, the Office for National Statistics (ONS) has announced. The increase, widely expected by experts, is up from a 15-month low of 2.6% in June and the highest rate since…...
Building society launches new savings account with 'strong' 4.25% interest
5+ day, 18+ hour ago (218+ words) Aaron Walden, Senior Commercial Manager at Skipton International, said: "This launch strengthens our competitive offshore savings range, combining a competitive fixed return with the certainty savers value and the clear, personal service customers expect from Skipton International. "Savers are looking…...