The consecutive rises in interest rates by the BoE has prompted renewed positivity around cash savings, according to research from Standard Life. Nearly a third (31%) of UK adults with cash savings surveyed by the company said that they are feeling more positive about their outlook for returns, compared to a year ago, with nearly one in 10 (8%) stating that they feel much more positive. However, almost two in five (39%) said that their feelings haven’t changed. Despite the increase in positivity on cash savings, just one in five (19%) of homeowners feeling positive about property values in the next year, with a similar number (20%) feeling negative about them.

Hampshire Trust Bank (HTB) has appointed Nicola Ledgard as its new head of portfolio management within its specialist mortgages division. The move comes as HTB looks to continue its strategy of supporting a broad range of professional property investors, including those with a large or complex borrowing requirements. Ledgard joins from Aldermore Bank and has spent 35 years working for lenders including Halifax, Cheshire Building Society, Salt Commercial and Nationwide. As part of her new role, Ledgard will set up and manage the portfolio management team within specialist mortgages, working alongside broker partners to safely manage and monitor large or complex exposures in the bank.

Bestinvest has launched a monthly prize draw for regular savers, which will see someone win £250 every month. Those who set up monthly savings of £50 or more will automatically enter the raffle and get on track to hit their financial goals. In order to qualify, clients must be 18 or over and set up a direct debit or standing order of £50 or more to their ISA, SIPP or investment account before the twelfth day of the month. The draw will run for 12 months and the winner of the £250 cash prize will paid to the winner within 30 days.

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