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:
- Using our recent press release, What Investment discussed the return of cash incentives for those switching bank accounts, highlighting our data and using plenty of quotes from finance expert Rachel Springall. The Times and Your Money covered the same story, both focusing on the specific deals available to banking customers, while The Money Pages urged consumers to look at factors other than perks alone – taking the lead of Rachel – a sentiment shared by Moneywise.
- The Guardian highlighted the recent trend of falling rates in the mortgage market, offering some good news for borrowers at the start of the year despite doom and gloom surrounding the property market as a whole. "Our research shows that while mortgage providers generally left their ranges unchanged during the second half of December, some have been quick out of the stalls in early January to make sure that they take a competitive advantage into the new year," commented our finance expert Darren Cook. The same story was picked up by both The Sun and This is Money.
- The rise of mobile banking apps was discussed by The Herald at the weekend, and Rachel Springall was on hand to talk about the Chip app, a new way for people to save money: "It works out how much money users could save and sends a text message as a notification before transferring an amount to a separate savings pot. It's ideal for people who don't want to put away a set amount each month using a standing order."
- The Spectator highlighted the top one-year bonds currently available, using our data as a resource.
- Inflation was top of the agenda for This is Money last week, using our press release to highlight the savings accounts that can offer a measurable return – together with the finding that a one-year bond can now beat inflation – and quoting Rachel extensively.
- The fall in two-year mortgage rates was picked up by Mortgage Strategy, using our weekly mortgage rate update and quoting both Rachel and Darren in the process.
- The Sun discussed the worrying finding that house prices are expected to slump, but highlighted Moneyfacts as a key way to find the best mortgage deal. The paper also used our data to compile a story on the cheapest loan rates currently available.
- The Mirror discussed the finding that Lloyds Banking Group is changing its overdraft rules – and not necessarily in the interest of customers – and contacted Rachel for her expertise.