Major lenders are raising mortgage rates as higher swap rates put pressure on pricing margins, with HSBC and NatWest among the biggest banks to increase rates since the start of September, Moneyfactscompare has warned
Only 33 of the top 100 easy access cash ISAs are classed as "clean", Spring has stated, as they come with no short-term bonus rates, withdrawal limits or other restrictions
Financial anxiety is rising steeply across the UK, with one in five adults having no financial safety net and growing concern over investment, pension, mortgage and borrowing decisions, new research from Handelsbanken Wealth has warned.
A third of UK adults (33%) now feel apprehensive about making investment decisions themselves, up from 26% last year, while concern around pensions has also risen from 19% to 26%
Replacing monthly payments on a first-time buyer (FTB) ISA with a single pay out could see savers lose out on around £3,606 when purchasing their first home, Moneybox has revealed
The number of UK savings accounts earning enough interest to potentially trigger a tax bill has risen by 1,047% since 2018, an 11-fold increase as higher interest rates and frozen tax thresholds pull millions more savers into the tax net, according to analysis of CACI data by Yorkshire Building Society
Today's round up of developments coming out of the consumer finance space, featuring Quilter Cheviot, Molo, Spring, Hampshire Trust Bank and Pepper Money
Savers could secure some of their strongest fixed returns in years as fixed-rate ISAs move ahead of comparable non-ISA accounts, according to Moneyfacts UK Savings Trends Treasury Report data.
The number of savings products has reached a record 2,617, including 746 cash ISAs, while the number of non-ISA deals has risen to an all-time high of 1,871
Mortgage lenders reversed course on rate cuts in July as rising swap rates and renewed inflation concerns pushed fixed mortgage rates higher, according to Moneyfacts
UK house prices were effectively unchanged in July as affordability pressures and renewed uncertainty around mortgage rates continued to define the market, the latest Lloyds house price index (HPI) showed.
The average property price stood at £299,253, a fall of just £143 over the month following a 0.2% increase in June
Almost one in three first-time buyers (FTBs) were considering variable or tracker mortgages in July as rising fixed-rate borrowing costs prompted more prospective homeowners to explore cheaper alternatives, according to analysis by Moneyfacts
Today's round up of developments coming out of the consumer finance space, featuring Dudley Building Society, Hampshire Trust Bank, Gatehouse Bank and Pepper Money