The expertise of the Moneyfacts team is regularly in demand, with journalists and media outlets from across the financial services and national spectrum relying on our experts for up-to-the-minute information. Here's a quick overview of just some of the places we've been in the news recently:
- News of a 100% mortgage hit the headlines last week, and Moneyfacts.co.uk's finance expert Rachel Springall sent out a comment to mark the occasion. This was picked up in several publications, including The Guardian, The Mirror, The Money Pages, What Mortgage and Mortgage Introducer. "Those borrowers with little or no savings for a deposit will no doubt be struggling and may wonder if they will ever become a homeowner without support. Parents, too, may well want to help their children get their first home, but are hesitant to relinquish their hard-earned savings, so a guaranteed fixed return for three years at a fantastic rate will no doubt be enticing," said Rachel of the Lend a Hand deal from Lloyds Bank, which offers a 100% mortgage loan provided parents stump up a deposit of 10% that's kept in a three-year bond paying 2.50%.
- Elsewhere in the world of mortgages, our research on the gap between two and five-year mortgage rates shrinking was picked up by publications including the Financial Times, Your Mortgage and Financial Reporter, and it was also used in the print versions of The Telegraph, the i newspaper and The Sun. "While it is difficult to predict what the mortgage market may face in 2019, it is still positive to see the rate gap shrink, particularly for those borrowers eyeing up a five-year fixed deal who want to avoid any potential interest rates rises for some peace of mind," said Rachel.
- Turning our attention to pensions, and our report on pension funds suffering the worst losses since the financial crisis was picked up in The Times, FT Adviser and Pensions Age, to name but a few. "Last year's market downturn will increase the focus on the investment decisions being made by pension savers and drawdown investors," said Richard Eagling, head of Pensions at Moneyfacts. "The extent of the losses experienced by pension funds last year, combined with the return of greater volatility, raises the question as to whether pensions savers and drawdown investors will be sufficiently alarmed to adjust their investment strategies and reduce their exposure to stock markets."