The expertise of the Moneyfacts team is regularly in demand from news outlets and journalists across the national and financial spectrum, with many relying on our up-to-the-minute data and insightful quotes to inform their stories. Here are just a few places we’ve been in the news this week.
Our story on the decline in number of 95% loan-to-value (LTV) products available on the market was picked up by a number of publications including Financial Reporter, Mortgage Strategy, Mortgage Introducer, Mortgage Solutions, Your Mortgage, What Mortgage and The Times. Commenting on the decline, Darren Cook, one of our resident finance experts, said: “It is clear that most lenders are staying away from competing at the 95% LTV tier, with many now focusing their attention on mortgage business at LTV tiers of 90% and below. As lenders perhaps opt to pass on the benefits of lower interest rate SWAPs onto the lower LTV tiers, up to and including mortgages that require a 10% deposit, this is not good news for those borrowers who can only muster up a 5% deposit.”
During the week, our story on annuity rates hitting a historic low was used by several publications including Financial Reporter, London Loves Business, Money International, YourMoney.com, Morning Star, Daily Mail, The Share Centre, The Times, Actuarial Post, The Guardian and FT Adviser. In the story, Richard Eagling, our head of pensions, commented: “Although the demand for annuities has reduced substantially since the introduction of pension freedoms in 2015, it is still the only product capable of turning defined contribution pension savings into a guaranteed income for life.”
YourMoney.com, London Loves Business, Moneywise, Mirror and FT Adviser all used our savings story on rate cuts on many top savings accounts. Commenting on the cuts, one of our financial experts, Rachel Springall, said: “It is as clear as day to see how delicate the savings market can be, which is why savers should never assume that the top rates will be around forever.”
Our financial experts are often in demand and this week they have been busy providing bespoke work for Mortgage Solutions, Mortgage Introducer, Daily Mail, What Mortgage, The Sun, The Telegraph and The Times.
Furthermore, our work also appeared in a number of offline publications during the week, including City AM, Daily Express, Daily Mail, Daily Record, Northampton Chronicle and Echo, The Daily Mirror, The Daily Telegraph, The Guardian, The Sun, The Sunday Telegraph, The Sunday Times and The Times.
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.