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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

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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...

Don’t give up on ISA season yet

19th February 2018 There is finally some good ISA news to report again, as the number of products and average rates have risen for the second month in a row. This is the first time such increases have happened at the start of the ISA season since 2012. Read More...

Remortgaging motivation reaches post-crisis high

15th February 2018 With November’s base rate increase seeing most lenders raise rates by 0.25% or more, borrowers’ motivation to remortgage to a more secure deal has reached its highest level since the financial crisis, LMS’ Remortgage Report reveals. Read More...

Children’s spending patterns uncovered

15th February 2018 Have you ever wondered what the teenager in your life is spending their weekly allowance on? Well, the ONS has the answer, with newly released spending data granting us a peek into the spending habits of the UK’s seven to 15-year-olds. Read More...

6 of the best two-year bonds

15th February 2018 Fixed rate bonds are still the best way to secure a guaranteed return on your savings, but given ongoing economic uncertainty, you may be reluctant to tie up your money for too long. A two-year deal could be the perfect compromise. Read More...

Warning as BTL lenders are feeling the squeeze

15th February 2018 With all the regulatory changes that have been affecting the BTL market of late, you might think that rates have just been going up, but Mortgages for Business found that lenders have been taking a lot of the heat to try and remain competitive. Read More...

First-time buyer mortgage rates still falling

14th February 2018 As mortgage rates had already started to rise before the base rate increase was announced last November, you might think they’d still be climbing now, especially given ongoing speculation about further base rate rises. Read More...

Happy Valentine’s! Are you financially compatible?

14th February 2018 While today is all about romance, research from Scottish Widows suggests that trouble may be brewing for one in five Brits, as they admit to being in a financially incompatible relationship. How financially compatible are you and your partner? Read More...

Auto-enrolment reaches 1m employer mark

13th February 2018 The one millionth UK employer has now enrolled their staff into a workplace pension thanks to automatic enrolment. This means that over 9m employees are now saving for their retirement with the help of their employers. Read More...


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