Latest News
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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
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The government has published a roadmap aimed at reducing financial instability for women in later life, including pensions wealth
03/07/2019
Since Prudential Regulation Authority (PRA) CEO Sam Woods warned that the Bank of England (BoE) is watching mortgage rates “like a hawk”, wholesale cuts to the average two-year fixed rate have dwindled and the average rate has started to instead increase, rising from 2.47 per cent in May to 2.5 per cent in July
02/07/2019
Homeowners could be offered better mortgage rates for improving the energy efficiency of their homes under plans rolled out by the government today
01/07/2019
Net mortgage lending to households fell to £3.1bn in May, marking the smallest increase in mortgage lending in a month since April 2017, figures published by the Bank of England (BoE) revealed
01/07/2019
Ahead of the G20 summit taking place in Osaka, Japan, this week, deVere CEO and founder Nigel Green said leaders must take decisive steps towards a multilateral cryptocurrency regulatory framework, arguing that failure to do so would be “irresponsible and negligent”
26/06/2019
A new report has suggested that Open Banking could realise £18 billion value for people and small businesses in the UK over the course of a year, but also highlighted complex challenges ahead to realise this value
26/06/2019
The Bank of England’s governor has backed various FinTech initiatives, including opening its balance sheet to new payment providers like Facebook’s cryptocurrency
21/06/2019
Individuals with problem debt will be protected by a new Breathing Space scheme, due to be introduced in 2021, City minister John Glen announced today
20/06/2019
Facebook expects its cryptocurrency ecosystem called Calibra, including a digital currency and wallet, to go live in 2020
18/06/2019
During his speech, Financial resilience and economic earthquakes, at the University of Warwick yesterday, Bank of England (BoE) senior official Alex Brazier emphasised that suspending funds can be a “double-edged sword”
14/06/2019
The number of over 50s not just supporting their children, but also their grandchildren, is increasing, as the older generations gift £53bn per year to their families, research from Saga Money has revealed
12/06/2019
The Financial Conduct Authority (FCA) has today announced it is introducing reforms to fix a “dysfunctional overdraft market”, in a bid to make them simpler, fairer and easier to manage
07/06/2019
The difference between the average two-year and five-year fixed mortgage rate has shrunk by 0.06 per cent, from 0.42 per cent to 0.36 per cent since the beginning of the year, the lowest difference recorded in seven years.
The average two-year fixed rate has fallen by 0.03 per cent from 2.52 per cent in January 2019 to 2.49 per cent this month, while the average five-year fixed rate decreased by 0.09 per cent from 2.94 per cent to 2.85 per cent over the same period
04/06/2019
In its latest Household Finance Update for April 2019, UK Finance revealed that deposits held in instance access accounts were 2.4 per cent higher than last April, with Growth Street CEO Greg Carter stating that savers are “unaware” that their money is “sitting stagnant”
30/05/2019
Facebook is reportedly planning to launch its own cryptocurrency and digital payments in 2020
24/05/2019