RETIREMENT interest-only mortgages are a type of loan that were reclassified by the Financial Conduct Authority in 2018. The regulations for these loans were eased and they were officially classified as standard mortgages, resulting in a wider range of lenders having access to the market. Recent analysis shows that there has been a huge spike in the availability of these ...
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Mortgage: Man uses Lifetime ISA interest and funds from hobbies to buy his first home
LIFETIME ISAs are savings accounts that allows individuals to put money aside as well as receive a tax free bonus from the government. The bonus is given for a home purchase and many will likely primarily use it for the house itself. However, one savvy savour highlights that it can cover other costs associated with a house purchase, including notoriously ...
Read More »Marcus and Saga slash interest rates on top easy-access accounts in fresh blow to savers
MARCUS and Saga customers are set to see their interest rates drop. It was announced today that the two top-paying easy-access accounts were cut to 1.3 percent. Daily Express :: Finance Feed
Read More »Premium Bonds: NS&I slashes Premium Bond prizes AND interest rates in huge blow to savers
THE PREMIUM BONDS prize fund is to reduce by 10 basis points, the NS&I announced yesterday. What will the reduction in interest rates by NS&I mean for savers? Daily Express :: Finance Feed
Read More »Martin Lewis reveals first thing to do with inheritance to maximise savings interest
MARTIN LEWIS regularly appears on the ITV show This Morning, offering his money saving tips. This week was no different, and on Monday, he explained how a This Morning viewer could maximise interest on inheritance, after she was left unsure what to do due to it seeing her Pension Credit being stopped. Daily Express :: Finance Feed
Read More »Martin Lewis reveals where to look to earn higher interest rates for your savings
MARTIN LEWIS details that millions across the UK are earning insulting levels of interest on their savings. With interest rates set to worsen, everyone should be checking their accounts right now to see if they should move elsewhere. Daily Express :: Finance Feed
Read More »Pound euro exchange rate rises as Bank of England holds interest rates
The pound euro exchange rate rose by 0.5 percent today, with the pairing currently trading around €1.188 after the Bank of England held its interest rate at 0.75 percent following a 7-2 vote from the Monetary Policy Committee to keep rates unchanged. Daily Express :: City and Business Feed
Read More »Pound to euro exchange rate: Sterling’s fate unknown ahead of BoE interest decision
POUND to euro exchange rate shows potential gains ahead of risk to sterling amid the Bank of England’s potential interest rate cuts. How will this affect Britons? Daily Express :: Travel Feed
Read More »Why Iran has little interest in a ‘Trump Deal’ with the White House
Iran’s growing tension with the U.S. might seem irrational from a Western perspective, but seen from Tehran’s point of view it makes perfect sense, writes James Devine. CBC | World News
Read More »Martin Lewis reveals the best savings accounts right now – how to get best interest rates
MARTIN LEWIS, 47, appeared on The Martin Lewis Money Show tonight to explain the different savings accounts currently on offer in the UK. Which is the best one right now? Daily Express :: Life and Style Feed
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