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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.

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Moneyfacts Weekly Product News - 25/05/2017 -  25th May 2017

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. The deals are available right now, but may be subject to change. Read More...

M&S Bank’s loan APR reduced -  25th May 2017

M&S Bank has decreased the APR on loans of between £7,500 and £15,000, now offering the joint-lowest rate and sitting at the top of the Best Buys for this tier. It has earned our highest rating as a result. Read More...

Paragon improves several fixed savings accounts -  24th May 2017

Paragon Bank has increased the rates on selected accounts by up to 0.10%, which sees its one and three-year fixed bonds as well as its two-year ISA move up in the Best Buy charts, earning them a high rating in the process. Read More...

Hampshire Trust Bank improves 1yr bond -  23rd May 2017

Hampshire Trust Bank has increased the rate on its one-year fixed bond by 0.03%, which sees it move up in the Best Buy chart for its sector, earning it a high Moneyfacts rating in the process. Read More...

Virgin’s improved easy access rates -  22nd May 2017

Virgin Money has increased the rates on both its ISA and non-ISA easy access accounts by 0.20%, which sees them enter the Best Buy charts for their respective sectors, and earns them a high rating. Read More...

News

Aspiring first-time buyers’ costly miscalculations

26th May 2017 New research has found that most aspiring first-time buyers are underestimating how much their mortgage repayments will be compared with their current monthly rental costs, which could prove a costly mistake when hunting for a first home. Read More...

Tax hikes lead to higher home insurance costs

26th May 2017 It may have felt like winter lasted forever this year, but despite it being with us for months on end, it was surprisingly mild – which makes the finding that home insurance costs edged up rather unexpected. Read More...

6 of the best regular savings accounts

25th May 2017 We know it can be difficult to get into the habit of saving. Other spending can easily get in the way, and before you know it, it's the end of the month and you haven't put any of your disposable income into a savings account. Read More...

Card spending ramps up – so make it work for you

25th May 2017 Spending on debit and credit cards continues to rise, with much of this driven by the growth in online and contactless spending. But what if you could get even more from your flexible friend? Well, you can! Read More...

Retirees worried their money won’t last

24th May 2017 Financial concerns can be pressing at any age, but arguably even more so during retirement - money is the biggest concern for 28% of retirees, while 35% are worried their cash will run out, and a quarter don’t think their pension will last. Read More...

Mortgage war ramps up with lowest tracker rate

24th May 2017 Competition in the mortgage market has been intense for some time, with providers continually looking to lower their rates. Things have just stepped up a notch, too, with the launch of the lowest tracker mortgage rate ever seen! Read More...

Bank holiday home improvements cost over £2,000

23rd May 2017 Many people view the Spring Bank Holiday – which this year falls on 29 May – as a chance to spruce up their home, with the extra day off work boasting plenty of DIY potential. But have you thought about how much it could cost? Read More...