Fixed rate bonds are now returning 1.13% over one year and 1.6% over the longer term, representing a "move in the right direction", Hargreaves Lansdown has said.
The recovery in rates shown by moneyfacts.co.uk owes much to competition from the challenger banks, and that the high street banks are unlikely to enter the fray in the near future.
The firm's personal finance analyst Sarah Coles said: “These figures also demonstrate how savers can improve their lot by shopping around for the best possible rates, rather than simply sticking with the usual suspects on the high street.
"Savers may not feel entirely comfortable moving their money into banks that feel unfamiliar, but they can take some comfort from the protections that are in place."
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Average UK house price surpasses £300k – Halifax
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Bank of England holds base rate at 3.75%
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Mortgage Advice Bureau acquires Dashly
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Bridging loans fall to lowest average completion time in eight years
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Regulators announce first six firms to join ‘Scale-Up Unit’
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House prices recover month-on-month in January – Nationwide
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
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Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
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What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
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