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All posts in: Business & Finance

A million homeowners have repaid their interest-only mortgage since 2012

The number of homeowners on interest-only mortgages has halved in the past six years but lenders admit thousands of borrowers continue to ignore the fact they h... read more

Seven free or subsidised energy efficiency measures and how to get hold of them

The Renewable Heat Incentive scheme, set up in 2011 to fit green boilers has failed homes and businesses, a group of MPs said this week. Subsidies are expected ... read more

Homeowners suffer ‘procrastination penalty’ when fixed rate mortgages end

A third of mortgage holders whose deals expired last year ended up paying a ‘procrastination penalty’ of hundreds of pounds which could have been avoided ha... read more

How to invest to help our environmental problems and make money

Worried about plastic in the ocean and cars polluting? How to invest to help the environment – and earn good returns By Rachel Rickard Straus for Thisismo... read more

A third of consumers have struggled with managing debt

Millions of consumers are struggling with debt repayments and 18 per cent have missed a payment in the past year, new research claims. One in three are struggli... read more

Beware the red danger signs for house prices: Young buyers borrow record sums

Lee McIntosh loves his flat in Finsbury Park, North London. The one-bedroom property in a council block, which he bought for £233,000 in 2012, was valued at £... read more

Beware the red danger signs for house prices

Lee McIntosh loves his flat in Finsbury Park, North London. The one-bedroom property in a council block, which he bought for £233,000 in 2012, was valued at £... read more

Cashback website can turbo-charge efforts to save for a house deposit

By Ruth Lythe for the Daily Mail Published: 22:01 BST, 15 May 2018 | Updated: 22:01 BST, 15 May 2018 Brix customers earn reward points every time they spend mon... read more

New parents can now get £15,000 life insurance for free from Post Office

What is life cover? Life insurance is a type of insurance that pays out a lump sum of money if you die during the term of the policy. There are two main kinds o... read more

Aldermore offers lifeline mortgage to pensioners with interest-only debt

Pensioners stuck with interest-only mortgages have been offered a lifeline by challenger bank Aldermore. It has launched the first deal allowing retired borrow... read more

Don’t leave sorting your holiday cash to the last minute this year

Most of us leave sorting out our holiday spends to the last minute every year, limiting our options and inevitably pushing up the cost. Leave it too late, and y... read more

First-time buyers in the 1980s put down smaller deposits

Small deposit mortgages have been cast as inherently risky and a symptom of the cheap credit boom that led to the financial crisis. However, while the Northern ... read more

Expensive family homes seeing prices slashed to sell, says RICs

Owners of expensive family homes are being forced to cut prices as they struggle to sell them, a new report from industry insiders revealed today.  Homes in th... read more

How to buy a home with a 5% deposit

Should you buy a home with a small deposit rather than pay rent? With low rates meaning that mortgage payments could be similar to rent, that’s a question wei... read more

Did you really secure the best mortgage rate?Major report reveals 3 in 10 miss out on the top deals

Hundreds of thousands of mortgage borrowers are throwing away £1.15 billion a year because they unwittingly sign up for the wrong deals, a major report has rev... read more

Mortgage prisoners: The family told they can’t buy a smaller house and switch to a CHEAPER loan

Refused: Anne and Carl Winter with baby son Danny When new parents Anne and Carl Winter found a three-bedroom semi in a quiet street in Coalville, Leicestershir... read more

More parents using the equity in their homes to help their children

By Ruth Lythe for the Daily Mail Published: 22:59 BST, 8 May 2018 | Updated: 22:59 BST, 8 May 2018 Soaring numbers of homeowners are releasing cash from their h... read more

House prices drop £7,000 in biggest monthly fall since 2010, says Halifax

House prices dropped 3.1 per cent in April, in the biggest monthly fall in more than seven years, Halifax’s latest figures revealed. The volatile monthly ... read more

Bank like a local with Transferwise’s new borderless debit card

A ‘borderless’ debit card has launched that gives people the chance to operate a bank account in several different countries around the world. It is... read more

118118 Money launches new credit card which charges no interest

118 118 Money has launched a new credit card with a difference. Instead of applying interest and charging fees for overseas use or ATM withdrawals, you pay a mo... read more

ASK TONY: M&S waived my dementia-suffering husband’s credit card debt but Co-op Bank refused

My 89-year-old husband, who has dementia, had to go into a care home, as I could no longer manage after he had a stroke. While sorting out his things, I came ac... read more

Len and Val never missed a mortgage payment…. So why do they face losing their home?

Len and Val Fitzgerald had planned to spend a peaceful old age in their little terrace house in Eastbourne on the Sussex coast. The Fitzgeralds, both 76, have i... read more

New-build homes cost 16% more than existing properties, LCPa index reveals

Building more homes is often claimed to be part of the answer to culling Britain’s high house prices, but new research reveals they would need to stop car... read more

What happens to your credit card debt when you die?

What happens to debts when we die is something most of us don’t really want to have to consider. But it’s a topic that causes much confusion, both in life a... read more