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:
- Our research on the rise of 40-year mortgage terms proved particularly popular in both the financial and national press, with it appearing in some 20 publications. This includes The Telegraph, The Times, The Mirror, Mortgage Solutions, Mail on Sunday, Mortgage Strategy, Financial Reporter, The Guardian and Financial Times. "Historically, a standard mortgage term generally amounted to a period of 25 years, but most products are now available to be extended for a period of 40 years," said Darren Cook, finance expert at Moneyfacts.co.uk. "By extending their mortgage term, borrowers may be looking to reduce their monthly repayments and therefore are more likely to meet strict affordability requirements."
- Elsewhere in the mortgage realm, our stats on mortgage rates halving since the financial crisis appeared in the Daily Mail and MSN.com, our first-time buyer research appeared in the Sunday Post, and our regular mortgage rate update appeared in Mortgage Strategy.
- Credit cards also proved a hot topic last week, with our latest data on the decline of 0% purchase terms appearing in Your Money, and similar research on balance transfer cards appearing in the likes of The Telegraph and Daily Mail.
- Bespoke work continues to be key for our press department, with the expertise of our finance expert Rachel Springall seen in publications including The Times (where she discussed how to save into an ISA) and The Herald (in which she talked about the benefits of switching mortgage deals and why now may be a good time to do so).
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 Any products featured may be withdrawn by their provider or changed at any time.