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All posts in: Business & Finance

Clampdown on interest-free credit cards luring people in

Credit card companies face a crackdown on interest-free offers after it emerged more than half of borrowers have no idea what rate they will pay when the deal e... read more

Two million interest-only borrowers face losing homes

Trapped: There are almost two million borrowers with interest-only mortgages  Almost two million borrowers with interest-only mortgages face having to sell the... read more

The towns where house prices never recovered

With its dramatic scenery and picturesque villages, many people dream of owning a home in the Lake District. But the Lakes is one of the surprising UK areas whe... read more

ONS: House prices up £11k annually in July 2017

The average UK property prices is up 5.1 per cent annually with official figures suggesting the housing market has undergone a summer mini-revival in 2017. In J... read more

First Direct RAISES its mortgage rates but halves its fees

First Direct has slashed its mortgage fees following pressure from customers, but has also hiked rates by up to 0.2 per cent to compensate. The lender has typic... read more

Five reasons to be cheerful on the home front

Savers with large sums on deposit who also have a mortgage should think about doing the sums on ‘offset’ deals.  Inflation has risen sharply this year to ... read more

Should you take a gamble and use equity release?

Millions of people are sitting on substantial equity in their home thanks to continued property price rises.  It means families feeling the squeeze of consumer... read more

Best cashback credit cards linked to a bank account

Congratulations, you’ve been pre-approved for your bank’s latest credit deal reserved ‘exclusively’ for existing customers. But is it an... read more

How you can rent out your home as a workspace

If you are looking to boost your income but cannot face the idea of having strangers staying overnight, then you should consider putting your home to use while ... read more

Teachers BS will let you take a 40-year mortgage

National mortgage lender Teachers Building Society has extended its maximum mortgage term from 35 years to 40 years to help those on lower incomes afford to buy... read more

Almost half of over-55s are looking to downsize their home

Some 47 per cent of homeowners aged over 55 plan to downsize their homes in the future, releasing an average of £112,000 in equity from the move, a survey rev... read more

How to find the best online estate agent

For many years high street estate agents held the keys to buying and selling a home, with sellers often paying them thousands of pounds in fees. But now a new b... read more

Are three-year mortgages any good?

Mortgage rates have been super competitive for a while now, but recently lenders have begun to ramp up their efforts to offer cheap rates on three-year deals. ... read more

House prices rise almost £2,500 in August, says Halifax

House prices rose almost £2,500 in August as a late summer bounce continued but property inflation remains near the lowest level for four years, figures reveal... read more

Is Asda Money’s new personal loan tool any good?

Asda Money has launched a new personal loan tool that allows borrowers to see whether they will be accepted and what rate they will get without hurting their cr... read more

Coventry offers 5 year fix mortgage with no early exit fee

Coventry Building Society is offering home buyers a rare opportunity to fix their mortgage for five years – without hefty early repayment charges. Its fiv... read more

New-build housing industry is in ‘Goldilocks territory’

The state of Britain’s property market will return to the fore next week when a clutch of housebuilding giants report. Full-year figures on Wednesday from... read more

PPI mis-selling: Don’t let your claim get Terminated

More than £27billion has so far been paid to customers mis-sold payment protection insurance. But billions more in compensation is still up for grabs. An indus... read more

Top 10 areas in Britain with house price reductions

More than a third of properties currently on the market have had their asking price reduced at least once, according to latest figures from Zoopla. The property... read more

Banks should stop raising credit card limits automatically

Nearly one in five people struggling with debt have had their credit card limit raised without request, according to research from charity Citizens Advice. It c... read more

UK house prices dip in August amid consumer squeeze

UK house prices fell slightly last month in a further sign that the property market is cooling down as affordability is becoming an issue, especially for Briton... read more

House prices ‘will hit 15 TIMES the average income’

Young Britons hoping a house price crash will let them buy a home could see their dreams thwarted, leading economists warn. David Miles, a former member of the ... read more

Taxman gains extra £2bn from stamp duty in last year

The taxman is having a bumper year thanks to stamp duty changes and a more ‘aggressive’ approach on inheritance tax. The Government has racked up an... read more

Lenders offer fewer and shorter balance transfers

Credit card borrowers are beginning to see the choice and length of interest-free balance transfer deals shrink in a sign that providers may be reining in lendi... read more