Sylvia's Blog

 

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

Product News

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...

New ISAs launched by the Post Office -  12th September 2014

The Post Office has unleashed some new fixed rate cash ISAs on the market, one of which now sits behind the market-leader for its terms. Meanwhile, an existing variable ISA has had its rates increased, securing its place in the top 10. Read More...

News

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...

Could shared ownership be the future? - 15th September 2014

There’s no denying the fact that house prices have soared over the last year or so. First-time buyers (FTBs) have found things particularly tough, and that’s why people are asking whether shared ownership could have more of a role to play in future. Read More...

1.1 million banking customers make the switch - 12th September 2014

It’s been a year since the Current Account Switch Service was launched, and it looks like things going well – in the first full 11 months (1st October 2013 to 31st August 2014), 1.1 million customers have taken the plunge and switched accounts. Read More...

Spend or save? - 11th September 2014

If you were lucky enough to get an unexpected cash windfall, would you save it or spend it? Well, if research from GE Capital Direct is anything to go by, the answer probably depends on how much you received. Read More...

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