Despite a 0.25% bump in the base rate last week, interest rates remain well below inflation and have for nearly a decade now – so, have you spurned savings accounts and invested your money elsewhere?
Posts tagged with "interest-rates"
Credit card firms are allowed to hike the interest on your deal years after you sign up, even if you’re a good borrower. Have you ever been affected by this practice?
The Bank of England has cut its base rate for the first time since 2009 to a record low of 0.25%. So is this good or bad news for you?
Having just won a legal case against West Brom Mortgage Company, landlord Emma Hughes explains how the buy-to-let property market isn’t all roses.
(more about landlords…)
The CMA has issued its possible remedies for retail banking, but we’re not convinced it has gone far enough. So how would you improve banking for customers?
Retailers are keen to advertise 0% interest ‘buy now, pay later’ offers in the run-up to Christmas. While these deals can provide useful financial relief for hard-up families, are they really as helpful as they appear?
The Bank of England’s decision to withdraw its support scheme for mortgage lending could give savers a much-needed boost as there’s been little comfort for them over the past few years.
The clocks are going back and Halloween is approaching. We might be embracing autumn but the last place you want to find a zombie is in your savings account. Do you need a wake-up call to the state of your savings?
Three major savings providers are getting rid of hundreds of accounts that pay miserly interest rates. The time for the rest of the banking industry to follow suit is well overdue.
Have you ever tried comparing different mortgage deals to find the cheapest? Our latest research has found that 90% of homeowners and homebuyers struggle to work out the total cost of a mortgage deal.
Nearly half of those with interest-only mortgages set to mature before 2020 face a shortfall at the end of their mortgage deal. Have you saved up enough to repay your interest-only mortgage?
Around 13,500 Bank of Ireland customers will be hit by mortgage rates hikes from 1 May 2013. These customers signed up for mortgages that track the Bank of England rate, some of which were ‘lifetime’ trackers.
With savings rates stagnating, I, like many others, have been tempted by the thought of turning a small amount of cash into something significant in a short time frame. As a result, I very nearly bought some Bitcoins…
Investing money with peer-to-peer lending sites has always had risk attached. Although rates of return can tower above traditional savings accounts and Isas, your money hasn’t been protected – until now.