Latest News from Money Expert

Britons withdrew £6.2 billion from NS&I savings accounts in November, in advance of rate cuts which took interest paid on some accounts at the state-owned bank to just 0.01%.As other banks slashed...

Mortgage approvals have reached a level not seen since August 2007, as buyers reassess their living arrangements and scramble to take advantage of the stamp duty holiday running until 31 March.Banks...

As homebuyers scramble to complete sales before the stamp duty holiday ends on 31 March 2021, UK Finance is urging them to be wary of fraudsters.The stamp duty reprieve has led to a boom in the...

Many Britons adopted pets during the coronavirus crisis, but those seeking insurance for their four-legged friends may have to pay a pretty penny.Which? consumer group has found that premiums on pet...

The competition watchdog has introduced rules requiring funeral providers to disclose prices clearly and upfront, to protect the bereaved from price gouging.The Competition and Market Authority’s...

Drivers who pay for car insurance monthly rather than in an annual lump sum could be up to £500 worse off, a new study from auto insurer Cuvva claims.A survey by Cuvva found that a third of motorists...

Metro Bank has sold a third of its residential, owner-occupier mortgages to NatWest, impacting 13,000 homeowners.The portfolio mostly consists of repayment mortgages with an average of £238,000...

Prospective home buyers are flooding estate agents, eager to take advantage of the stamp duty holiday which expires at the end of March.In November, 580 prospective buyers were registered at each...

The coronavirus pandemic and associated lockdowns have clobbered sectors of the insurance industry this year, but other disasters—often overlooked in the panic and political wrangling over the...

The Financial Conduct Authority (FCA) has fined Barclays £26 million for mistreating 1.53 million borrowers who had fallen into debt or were experiencing financial difficulty.An investigation by the...