Moneyfacts.co.uk in the news 21/11/2018 - In the press - News | moneyfacts.co.uk

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Moneyfacts.co.uk in the news 21/11/2018

Moneyfacts.co.uk in the news 21/11/2018

Category: In the press
Author: Lieke Braadbaart
Date: 21/11/2018

The expertise of the Moneyfacts team is regularly in demand, with journalists and media outlets from across the financial services and national spectrum coming to us for up-to-the-minute information. Here's a quick overview of some of the places we've been in the news recently:

  • Both This is Money and Moneywise have reported on the recent Moneyfacts finding that a third of easy access accounts actually come with some sort of restriction. Moneywise's article even includes a word of warning from finance expert Charlotte Nelson that "there is nothing wrong with these accounts, but savers should look closely at the terms and conditions, so they know what they are getting into."

  • Meanwhile, The Telegraph used Moneyfacts data to discuss the recent tax advice to take out a loan in order to pay off any outstanding debts. Average loan rates seem to suggest this may not be the best idea.

  • Several more specialised news sources reported on the Moneyfacts mortgage finding that saw the average five-year fixed rate rise in November. You can find this and head of Press Darren Cook's words of wisdom in the Financial Adviser, Mortgage Solutions and Mortgage Strategy.

  • Last but by no means least, Which? wrote about equity release based on Moneyfacts' discovery that lifetime mortgage rates have been going up recently.
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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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