Sub 3% mortgages ‘possible’ as Bank of England hints at more ‘aggressive’ interest rate cuts and lenders make reductions
SUB 3% mortgages could be on the cards as the Bank of England hints at more "aggressive" rate cuts. It comes after a host of…
State pension to rise by £460 for millions next year as UK inflation rate stays at 2.2%
THE UK's rate of inflation remained at 2.2% in August meaning the state pension will rise by £460 for millions next year.The Office for National…
Mortgage approvals at highest since Liz Truss’s mini-Budget cratered market two years ago
Mortgage approvals are at their peak since Liz Truss’s mini-Budget cratered the market nearly two years ago.There were nearly 62,000 in July, up 29 percent…
UK house prices mapped: locations where values are rising and falling revealed – what’s happening in your area?
HOMEBUYERS are making the most of falling mortgage rates as market activity jumps higher than the same point last year.Buyer demand is now 20% higher…
Price of gold breaks records as Pound hits highest level against the dollar in more than a year
BETS on lower interest rates have sparked a gold rush with the price of the precious metal breaking records.The Pound also hit its highest level…
Martin Lewis warning to mobile & broadband customers over ‘above inflation’ bill rises DESPITE rule change – how to save
MARTIN Lewis has issued a warning to mobile and broadband customers over "above inflation" bill rises despite a big rule change.Regulator Ofcom has said it will ban…
UK inflation rate remains the same – what it means for your money
THE UK's rate of inflation remained unchanged in June, according to fresh figures from the Office for National Statistics (ONS).Consumer Prices Index (CPI) inflation stood…
Top tips to stop equity release spiralling out of control as thousands use option to fund everyday costs or repay debts
THOUSANDS of homeowners are turning to equity release to fund everyday costs or repay debts, Sun Money can reveal. It comes as interest rates are…
Exact rate wages are rising revealed – what it means for your money
WAGES are rising for millions of workers across the UK, new figures reveal. Growth in regular pay, excluding bonuses, grew by 6% between January and…
Warning for 1million young homeowners who will be paying off ‘ultra- long’ mortgages in retirement
MORE than one million homeowners are being warned that they could be paying off "ultra-long" mortgages into their retirement. Budding young buyers are choosing longer…
Chancellor Jeremy Hunt urges Bank of England to not cut rates too quickly and risk raising them again
CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again. The Bank kept rates at…
Profits at Lloyds fall after bank squeezed to increase rates for savings accounts customers
PROFITS at Lloyds have fallen by more than a quarter after the bank faced more pressure to increase rates for savings accounts customers. Britain’s biggest…
Bank of England is among world’s poorest at making economic forecasts, says report
THE Bank of England is among the world’s worst at making economic forecasts, a report says. It has “significant shortcomings” in making predictions and relies…
Millions of drivers across UK to be hit by price hikes of up to £600 in DAYS – check if you’ll be exempt
MILLIONS of people across the UK are set to be hit with a huge price hike over their motors in just days. Starting from Monday,…
Petrol and diesel drivers with older motors warned of tax increase within weeks – check if you’re affected
PETROL and diesel drivers with older motors have been warned of tax increases within weeks. The hike comes during a cost of living crisis and…
Bank of England confirms key interest rate decision – affecting everything from mortgages and credit cards to savings
MILLIONS of households will breathe a sigh of relief as the Bank of England left interest rates unchanged again today. Decision-makers on the Bank's Monetary Policy Committee (MPC)…
UK inflation rate remains unchanged at 4% in January – what it means for your money
THE UK’s rate of inflation remained at 4% in January in a blow for household budgets. The annual rate at which prices are rising remained at the…
Bank of England forecasts inflation will fall to target of two per cent 18 months early
THE Bank of England yesterday forecast inflation will fall to its target of two per cent 18 months earlier than expected. The encouraging news led…
UK inflation rate falls again to 3.9% easing pain for millions of households
HOUSEHOLDS have been handed a boost after inflation fell again in November. The annual rate at which prices rise slowed to 3.9% in the month,…
Developers go to war with Michael Gove over his housing reforms
DEVELOPERS last night poured scorn on housing reforms announced by Michael Gove, saying they would not reverse his previous “extremely damaging” changes. Housing Secretary Mr…