Financial and Investing News, Business News, Mortgage News & More - moneyfacts.co.uk

News Centre

Product News

Personal loan from Tesco Bank gets top rating -  3rd May 2016

Tesco Bank has increased the cost of borrowing £20,000 to £25,000 by 0.3% APR; however, this has not reduced its competitiveness and it remains an ‘outstanding’ product as a result. Read More...

New BT credit card launched -  3rd May 2016

Tesco Bank has launched a new balance transfer credit card, which has gone straight into the Moneyfacts charts thanks to its eye-catching terms. Read More...

0% interest credit card moves to the top -  29th April 2016

Barclaycard has extended the 0% interest terms on its balance transfer and purchase credit card, securing it a place at the very top of the charts and an ‘outstanding’ rating as a result. Read More...

Rate cut shoots 5-yr fixed mortgage into charts -  29th April 2016

Coventry Building Society has reduced the rate on its five-year fixed mortgage by 0.10%, pushing it into the Moneyfacts charts and securing it the highest rating in the process. Read More...

‘Outstanding’ 5-yr fixed mortgage enters charts -  27th April 2016

Tesco Bank has shaved 0.06% off the rate on its five-year fixed mortgage, enabling it to elbow its way onto the charts and secure the top rating. Read More...

News

Long-term fixed savings rates fall from grace

03rd May 2016 Savers looking to boost their savings pots will no doubt seek accounts that pay the highest rates of interest, which would have traditionally led them to long-term deals. However, times are changing, with average rates in this sector at new lows. Read More...

The Bank of Mum & Dad lends £5bn each year

03rd May 2016 Getting onto the property ladder can be difficult, so it’s no wonder that so many would-be buyers turn to their parents for help. As a result, the Bank of Mum & Dad is turning into a significant lender, with parents set to lend £5bn this year. Read More...

Women less engaged with pension planning

03rd May 2016 How engaged are you with your pension? Your answer could well depend on your gender, with research showing that women are far less likely to review their pension investments or know their expected income – which means many could be in for a shock. Read More...

How much do you spend on special occasions?

29th April 2016 We all like to splash out a bit on loved ones when marking a special occasion, but just how much to do you spend? Well, according to research from American Express, it could all depend on how long you’ve been with your other half. Read More...

Homes becoming unaffordable for FTBs

29th April 2016 While house price rises may be welcome for owners looking to build equity in their home, it won't be such good news for first-time buyers, with homes becoming increasingly unaffordable for this sector of the market. Read More...

Are you a piggybank saver?

28th April 2016 While some choose to squirrel away their cash in a savings account, others have a more traditional approach, with research from Virgin Money finding that the UK is a nation of piggybank savers. Read More...

Watch out for DIY disasters this weekend

28th April 2016 The Bank Holiday weekend is almost upon us, and that means homeowners up and down the country will soon be indulging in a bit of DIY. But is your home ready for it, or more specifically, is your home insurance policy? Read More...