Product News

New easy access account storms the charts -  22nd November 2017

Post Office Money has released a new issue of its online-exclusive easy access account, which has jumped into the top three of the Best Buy chart for its sector, easily earning it a high rating. Read More...

Coventry’s Outstanding buy-to-let -  17th November 2017

Coventry BS has reduced the rate on its fixed five-year buy-to-let mortgage deal by 0.20%, which has allowed it to enter the Best Buy chart for first-time landlords, also earning it our highest rating. Read More...

Masthaven’s 2 & 3-year bonds enter charts -  16th November 2017

Masthaven Bank has increased the rates on its two and three-year fixed bonds by up to 0.25%. As a result, both deals have entered the Best Buy charts for their respective sectors, earning a high Moneyfacts rating in the process. Read More...

Moneyfacts Weekly Product News - 16/11/2017 -  16th November 2017

The Moneyfacts Weekly Product News is a round-up of the latest products or rate changes to hit the consumer finance market over the past seven days. The deals are available right now, but may be subject to change. Read More...

OakNorth’s short-term bonds compete -  14th November 2017

OakNorth Bank has amended the rates on its 12 and 15-month fixed bonds by up to 0.16%, which has made both competitive enough to enter the Best Buy charts for their sector and earn a high Moneyfacts rating. Read More...

News

Budget 2017: Stamp duty abolished for new buyers

22nd November 2017 Chancellor Philip Hammond unveiled the first Autumn Budget earlier today (22 November), the highlight being that stamp duty has been largely abolished for first-time buyers, a move that could benefit up to 95% of new buyers. Read More...

Equity release heads to the high street

22nd November 2017 Until recently, equity release had been confined to the ‘specialist’ bracket, with high street lenders giving the sector a wide berth. However, its popularity has been soaring, and the big names want to get in on the action! Read More...

Energy prices hit record high

22nd November 2017 Winter is rapidly approaching, which means the boiler will soon be going into overdrive to beat the chill – yet unfortunately, it’ll cost more than ever to heat your home, with energy prices now the highest on record. Read More...

Fixed rates ramp up, but savers disappear

21st November 2017 Fixed rate bonds typically garner the greatest attention from savers, yet demand for such accounts saw a sharp fall ahead of the base rate announcement – despite the fact that average fixed rates rose for a further month. Read More...

Is Bank of Mum & Dad closing to first-time buyers?

21st November 2017 The Bank of Mum and Dad has long been drawn upon when the time comes to buy that all-important first home, but it looks as though it may be starting to wind down, with 34% of people saying they have not and do not intend to offer financial support. Read More...

Credit card deals shrink as Christmas costs rise

21st November 2017 The cost of Christmas is on the rise, and with less than five weeks to go, consumers are likely to be concerned about how much the festive season will dent their bank balance - and they may not even be able to rely on a credit card to cover the cost. Read More...

The cost of Christmas set to be £1,500

20th November 2017 How much are you planning to spend this festive season? Well, according to research from American Express, it could tot up to a staggering £1,551, so it’s time to see where savings could be made! Read More...