Almost half (48%) of young adults facing housing insecurity say that a lack of financial education is the primary cause of these problems, Money Ready has found
The average five-year mortgage fix has reached 6%, the highest rate since September 2023, Moneyfacts has revealed.
The latest data revealed that the number of sub-5% fixed mortgage deals in the UK has dropped by 99% in September, from 1,494 deals at the start of the month to just nine yesterday
Over three-quarters of people aged 55 to 64 say they have already taken the tax-free lump sum from their pension, with many spending the money on discretionary purchases rather than retirement costs, AJ Bell has found
Almost half (46%) of aspiring homeowners have said they would use pension savings towards a house deposit if the rules allowed, Leeds Building Society has found
Approvals for both purchases and remortgages fell again in August, with mortgage borrowing and consumer credit borrowing rising from the previous month, according to the Bank of England’s latest data.
The central banks' Money & Credit statistics for August found that net mortgage approvals - an indicator of future borrowing - for house purchases fell to 54,900 from 55,900 in July and were below the six-month average of around 60,100
Almost half of Britons feel financially unprepared for major life events, despite recognising the importance of long-term financial planning, according to new research
More than half (55%) of Scottish adults with complex income who do not own their own home fear they may never get on the property ladder, according to research from Pepper Money