Product News

Wyelands’ notice account competes -  13th July 2018

Wyelands Bank has increased selected rates by up to 0.41%. The standout change took place in its notice offering, with its 95-day notice account now sitting proudly in the Best Buys and earning a high rating. Read More...

Secure Trust Bank dominates notice chart -  12th July 2018

Secure Trust Bank has increased the rates on its 90- and 120-day notice accounts by 0.02%. This is enough to see both become the market-leader over their respective term and improve their position in the Best Buys, earning them a high rating as well. Read More...

Moneyfacts Weekly Product News - 12/07/2018 -  12th July 2018

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. Read More...

Leek United tops first-time buyer chart -  6th July 2018

Leek United BS has released a new two-year discounted variable rate mortgage designed for first-time buyers, which has raced up to the top of the Best Buys and earned our highest rating. Read More...

Wesleyan improves fixed rate cash ISAs -  5th July 2018

Wesleyan Bank has increased selected cash ISA rates by up to a whopping 0.95%. Consequently, its one- and two-year deals now sit in the Best Buy charts for their respective sectors, earning them a high rating as well. Read More...

News

Highest number of savings rises since December

18th July 2018 With official statistics revealing that inflation once again remained at 2.4% in June, savers will now have 24 fixed rate bonds (on a £10,000 deposit) to choose from that can beat or match it. This is thanks in part to the 142 rate rises in June. Read More...

Business savings rates see improvements

17th July 2018 Compared to a year ago, both the average rates on offer and the top returns found on business savings accounts have improved. This means more choice for businesses looking to make the most of their savings without investing in the stock market. Read More...

Average fixed bond rates reach two-year high

17th July 2018 While many savers may be reluctant to put their savings into a fixed rate account, given ongoing speculation of a base rate rise, they could be missing out on some decent rates. Especially as the average returns are now the best seen since 2016. Read More...

Easy access market sees some sign of recovery

16th July 2018 The average no notice rate now sits at its highest point since August 2016, following two consecutive months of rate rises. So, those looking to keep their savings pot within reach may be able to find higher rates. Read More...

Brits suffering from ‘investophobia’

13th July 2018 53% of Brits say they would never consider investing in stocks and shares, despite the fact that they could be missing out on better returns. Indeed, with most accounts below the inflation rate of 2.4%, savers may well be losing money in real terms. Read More...

More time spent choosing holiday than mortgage

12th July 2018 Given the size and importance of a mortgage, you’d think people would spend considerable time choosing the right one. However, research from Noddle shows that people spend more time searching for a holiday than picking a mortgage. Read More...

Equity release wealth reaches £1.71 billion

12th July 2018 New figures reveal that retired homeowners released an average of £9.5m per day of their equity in the first half of 2018, resulting in a total for the six months of £1.71bn. This is an increase of 37% on the previous year. Read More...