Homeowners on a standard variable rate (SVR) mortgage could save up to £257 a month by switching to a fixed rate repayment mortgage deal, the equivalent of £3,084 a year, Compare the Market analysis has found
The vast majority of people and businesses are set to be no further than three miles from withdrawing cash under a new framework set out by the Treasury
A single pensioner would have to accumulate £50,000 in addition to their state pension for a minimum standard of living, Standard Life analysis has found
LiveMore has called on lenders and intermediaries to take note of the vulnerability aspect of the new Consumer Duty rules, as data shows a rise in mortgage arrears and non-payment of bills
Savers who avoided cash ISAs to chase the best interest rates could now be left with unwanted tax bills that wipe out the extra interest they’ve earned, calculations by investment platform AJ Bell have shown
More than half of firms in emerging finance sectors do not always check who is running the businesses they take on as new clients, SmartSearch has found
Nearly half (46%) of financial advisers have reported that their clients are withdrawing funds to cover essential bills and address immediate income shortfalls, Standard Life has found
Freedom Finance has added personal loans from Reevo Money to its finance panel, allowing for these loans to be access through all of Freedom Finance’s partners and via its direct to consumer marketplace
National Savings & Investments (NS&I) has raised interest rates on its variable products, allowing for customers to see more money in their savings accounts
New plans to ban cold calls for financial products including cryptocurrency schemes, mortgages and insurance have been set out in a new consultation by the Government
Lending in the second charge space registered an increase of 14% in June to total £144.5m, according to the latest Secured Loan Index published by Loans Warehouse
The number of mortgage approvals across the market totalled an estimated 54,700 in June, the highest since October last year, according to figure from the Bank of England (BoE)