Sylvia's Blog

 

The latest opinions from the Editor of Moneyfacts.co.uk

Product News

2-year bond from United Trust Bank stays in top 10 -  17th September 2014

United Trust Bank has reviewed its savings portfolio and, despite slight reduction in rate, the two- year bond has kept its competitive edge and maintained its place in the Moneyfacts charts. Read More...

West Brom BS launches new saving account -  16th September 2014

West Brom Building Society has unveiled a brand new no notice saving account, which has stormed straight into the top 10 in our best buy charts. Read More...

BTL mortgage from Coventry BS stays in the charts -  16th September 2014

Coventry Building Society has reduced the rates on selected fixed rate buy-to-let mortgages. One mortgage to see a decrease was its two-year fixed rate product, which has seen a 0.10% reduction, reinforcing its place in the top 10. Read More...

New Nottingham BS bond secures top 10 place -  15th September 2014

Nottingham Building Society has added a new 14-month bond to its savings offerings and has grabbed a place among the top 10 in the Moneyfacts charts. Read More...

Post Office revamps its saving offerings -  12th September 2014

The Post Office has refreshed its saving bonds portfolio by increasing some rates by up to 0.20%. These offerings have taken the best buy charts by storm, with two products sitting in the top 10. Read More...

News

What would make you switch bank accounts? - 17th September 2014

The possibility of switching bank accounts has come under the spotlight over the last year, as the Current Account Switch Service has made it easier than ever to do just that. But just what would tempt you to switch? Read More...

SME confidence reaches new high - 17th September 2014

For a long time the UK’s small businesses have kept their heads down, viewing the future with caution. But now it seems as though the UK’s small and medium-sized enterprises (SMEs) have got some of their impetus back. Read More...

Contactless payments launch across London travel - 17th September 2014

Fed up with topping up your Oyster Card or finding you have zero balance when you’re running late? Well there’s good news for all of you frazzled London commuters out there – payments have now gone contactless. Read More...

223 savings accounts now beat inflation - 16th September 2014

The latest official inflation figures, released this morning, show that the Consumer Prices Index (CPI) fell to 1.5% in August - and it means there are now 223 savings accounts that will beat it. Read More...

Securing a mortgage is the biggest barrier to FTBs - 16th September 2014

Once upon a time, the biggest barrier to becoming a homeowner was building up a suitable deposit. Arguably this has become even tougher in the last few years, but it seems there’s a new kid providing a major block – accessing a mortgage. Read More...

London and the South East skew house prices - 15th September 2014

House prices always seem to be rising, but according to the latest England & Wales House Price Index from LSL Property Services, it’s the housing hotbeds of London and the South East that are causing national averages to soar. Read More...

Fears over pension freedoms - 15th September 2014

The new pension freedoms set to grace the market have been welcomed by many, but not everyone's convinced. Some are even warning that the reforms could have serious consequences, after witnessing a sharp rise in the number of income drawdown sales. Read More...

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