MoneySavingExpert News
July

Car finance and high-cost credit payment holidays extended
The financial regulator has confirmed further measures to support borrowers struggling to make payments on car finance deals, buy-now-pay-later agreements and other credit products due to the coronavirus pandemic, with many able to get another three-month payment holiday if needed
15 July 2020

Transaction tax cut for homebuyers in Scotland and Wales until April
Most homebuyers in Scotland and Wales soon won't pay transaction tax on the first £250,000 of a property's purchase price, under temporary measures announced by the devolved administrations in the wake of the stamp duty cut in England and Northern Ireland last week
14 July 2020

1.3m BT landline customers face bill hike of up to £54/yr
BT is to move 1.3 million home phone customers on to its 'Unlimited Minutes' plan
14 July 2020

Government ads to warn Brits of Brexit travel changes – what you need to know
The Government has launched a series of ads to highlight changes to travel rules that will come in next year as a result of Brexit
13 July 2020

Watchdog warns more than 100 package holiday firms over refund delays
The competition watchdog has written to 100 of the most complained-about package holiday providers, warning they could face enforcement action if they don't start complying with consumer law
10 July 2020
Tesco Bank to scrap current account interest
Tesco Bank customers will no longer earn interest on their current accounts from September
9 July 2020

Free TV licences to end for most over-75s next month
The BBC will go ahead with a plan to end free TV licences for many over-75s, after a delay because of the coronavirus pandemic
9 July 2020

Scotland to lift quarantine measures for travellers returning from 39 countries – but NOT Spain
Scotland will lift the 14-day quarantine requirement for travellers returning or visiting from 39 countries, including France, Germany and Italy, on Friday (10 July)
8 July 2020

Tide halts bounce back loan lending, leaving 10,000s stuck on its waiting list
Business banking fintech firm Tide has stopped offering bounce back loans and has closed its waiting list to new borrowers after failing to secure funding to support its lending
8 July 2020

Homebuyers won't pay stamp duty on properties up to £500,000 until next April
Homebuyers won't pay stamp duty on the first £500,000 of a property's purchase price, in a temporary measure announced by the Chancellor today
8 July 2020
27 January 2021
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Warning issued over coronavirus vaccine scams - here's how the NHS will actually contact you
27 January 2021Households have been urged to watch out for scammers posing as the NHS or claiming to offer coronavirus vaccines who then attempt to your steal personal details or con you out of cash -
Green Network Energy and Simplicity Energy stop trading – what you need to know
27 January 2021Green Network Energy, a medium-sized gas and electricity supplier with about 360,000 customers, has stopped trading, as has smaller firm Simplicity Energy, which has about 50,000 customers -
Travellers arriving from 22 countries face hotel quarantine
27 January 2021Travellers arriving from 22 countries with known coronavirus variants will need to quarantine in Government-provided accommodation such as hotels for 10 days, the Prime Minister has confirmed -
Contactless card payment limit could rise to £100 under new plans
27 January 2021Shoppers could see the contactless card payment limit rise from £45 to £100 under new rules being considered by the financial watchdog -
Top 15+ holiday destinations from the UK – where can you still travel to?
27 January 2021We've looked at the top tourist destinations to sort out where you can go without needing to quarantine
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Martin Lewis VIDEO: Should you pay off your Plan 1 student loan?
11 January 2021If you started university between 1998 and 2012, or since then in Scotland and Northern Ireland, you'll have a Plan 1 student loan. While much is written about whether those with savings should overpay the current English Plan 2 student loans, there's little out there about Plan 1. I wanted to change that, so here's a video explaining how to decide... -
Martin Lewis: Payment holidays coming to an end – but should you take one? Mortgages, credit cards, loans, payday loans, car finance and more
5 January 2021Within the last week, we've seen the extension of coronavirus credit card, personal loan and overdraft help to 31 October 2020, with mortgage payment holidays already extended. The regulator's other help schemes are also likely to be extended too, including car finance and payday loans, yet should you do it?