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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Product News

Moneyfacts Weekly Product News - 16/08/2018 -  16th August 2018

The Moneyfacts Weekly Product News is a round-up of the latest products or rate changes to hit the consumer finance market over the past seven days. Read More...

Redwood’s business savings go top -  14th August 2018

Redwood Bank has upped the rates on its business notice account and bond by up to 0.14%, which sees the notice account now proudly sit in first place, while the business bond takes up third place in the charts. Both have easily earned a high rating. Read More...

Family’s one-year bond goes top -  10th August 2018

The Family Building Society has launched a new one-year fixed rate bond, which offers a market-leading rate that sees it jump straight into the top spot of the short-term bond chart, also earning it a high rating. Read More...

Moneyfacts Weekly Product News - 09/08/2018 -  9th August 2018

The Moneyfacts Weekly Product News is a round-up of the latest products or rate changes to hit the consumer finance market over the past seven days. Read More...

Investec’s short-term bond rates up -  6th August 2018

Investec Bank plc has increased the rates on several of its fixed rate bonds by 0.05%. As a result, its 18-month, one and two-year deals have moved up the Best Buy charts, earning a high Moneyfacts rating at the same time. Read More...

News

Close to 200k Help to Buy ISA bonuses paid

16th August 2018 Since the Help to Buy ISA was launched in December 2015, 196,007 bonuses have been paid to help buyers take that first step onto the property ladder. With the scheme due to close at the end of next year, now might be the time to get on board. Read More...

6 of the best long-term bonds

16th August 2018 Fixed rate bonds can be one of the best ways to secure a decent return from your money, but if you really want to secure those growth-generating rates, you’ll need to think longer term. Read More...

24% of Brits have no fall-back savings

15th August 2018 Millions of Brits may be heading towards disaster, as many admitted that they would not be able to handle any type of financial shock or loss of income. This kind of pressure could be affecting current mental health, as well as possible futures. Read More...

Savings rate rises slowed ahead of base rate hike

15th August 2018 The latest figures reveal that the number of savings rate rises fell by 36% in July, just before the Bank of England announced its base rate rise. This means that, with CPI at 2.5%, savers have even less hope of beating inflation. Read More...

Moving plans falter after base rate rise

14th August 2018 The number of Brits planning to move home in the next six months fell from 8% to 6% in the 48 hours that followed this month’s Bank of England base rate rise, suggesting many are reconsidering moving in an increasing mortgage rate environment. Read More...

Campaign against pension scams launched

14th August 2018 The FCA and TPR have today launched a joint TV advertising campaign, which aims to raise awareness of pension scams. With victims losing an average of £91,000 each, any intervention that could prevent more people losing money is welcome. Read More...

First-time buyers needing over £33k

13th August 2018 Since 2008, first-time buyers have seen property prices increase by a whopping 21%, according to the latest findings from Halifax. The average price for those looking to buy their first home has gone up from £172,659 to £208,741 as a result. Read More...