Product News

OakNorth’s 30-month bond and 1-year ISA now top -  22nd February 2018

OakNorth Bank has amended certain savings rates, which sees its 30-month fixed bond and one-year ISA reach the top of their charts, while its 24-month bond takes up a more competitive place in the Best Buys. They also all earn a high rating. Read More...

Moneyfacts Weekly Product News - 22/02/2018 -  22nd February 2018

The moneyfacts.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market. Read More...

Skipton’s 5-yr BTL deal reduced -  20th February 2018

Skipton BS has reduced the rate on its five-year fixed rate buy-to-let (BTL) mortgage offer at 75% loan-to-value (LTV) by 0.08%, which sees it keep its place in the Best Buys and earn a high rating. Read More...

Vanquis’ leading three, four and five-year bonds -  19th February 2018

Some of Vanquis Bank’s bonds have had their rates increased, which sees the three-year account retain its number one spot, while the four and five-year deals improve their places in the Best Buys. All are now market-leading and earn a high rating. Read More...

Ikano Bank increases fixed bond rates -  16th February 2018

Ikano Bank has increased selected fixed rates by up to 0.10%. Now, its two-year bond has entered the Best Buys, its three-year deal sits in second place and the five-year bond offers the market-leading rate for its term. All earn a high rating. Read More...

News

6 of the best two-year cash ISAs

22nd February 2018 Despite the introduction of the personal savings allowance (PSA), which lets you earn £1,000 in interest every year without paying tax, ISAs are still a worthy investment... Read More...

Old £10 note running out of time

22nd February 2018 The start of March will mark the end of the old £10 note, as it will no longer be considered legal tender. This means that next Thursday will be your last chance to pay with an old bill. Read More...

46-day limit on lifestyle without income

21st February 2018 The average family would only be able to maintain their lifestyle for 46 days if they were to lose their main source of income. This means that people may have less than two months to find an alternative income stream, or risk losing everything. Read More...

50% of 55-plus cash ISA savers never switch

20th February 2018 Cash ISA savers may be missing out on greater returns, as research shows that 50% of cash ISA savers aged 55 or older have never moved their tax-free savings to another provider. Read More...

10-yr fixed mortgage rates starting to rise

20th February 2018 Given ongoing speculation of base rate rises, many will be looking to fix their mortgage repayments for as long as possible. The 10-year rate, which saw a record low average of 2.96% at the start of February, is now unfortunately starting to rise. Read More...

Over-55s choosing gig work ahead of retirement

19th February 2018 A survey of gig workers aged 55 or over has shown that 36% take on freelance ‘gig’ jobs as a way to ease themselves into retirement. These jobs allow them to choose their own hours, while still staying active in work and earning an income. Read More...

Renters £27,000 worse off

19th February 2018 Renters are £27,000 worse off than first-time buyers, according to Halifax. The average monthly rent in December 2017 stood at £754, while the average cost of buying a similar three-bed property, including mortgage payments, stood at £679. Read More...