MoneySavingExpert News


Good Energy and Ovo Energy to refund 18,000 households after overcharging them - here's what you need to know

Around 18,000 Good Energy and Ovo Energy customers have been, or are to be, refunded and offered compensation after the energy firms were found to have charged some users more than the maximum rates allowed.

18 May 2023

An ombudsman for renters to be included under new reforms that Martin Lewis says have been 'long needed' - here's what you need to know founder Martin Lewis said the change has been "long-needed" though renters won't be able to benefit from it just yet.

17 May 2023

Intelligent Finance to close all current accounts by the end of the year – here's what you need to know

Intelligent Finance will close all of its existing current accounts by the end of the year, parent company Lloyds Banking Group has confirmed.

17 May 2023

Leeds becomes first mortgage lender to use Netflix, Spotify and council tax payments to 'boost' home loan chances – here's how it works

Leeds Building Society has become the first in the UK to start using payment data recorded on Experian Boost when considering home loan applications.

16 May 2023

Bank of England increases base rate to 4.5% - what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 4.25% to 4.5%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

15 May 2023

Tesco Clubcard vouchers worth over £15 million expire this month – here's how to triple their value (though you'll need to act soon)

Over £15 million worth of unused Clubcard vouchers, belonging to over three million customers, are set to expire at the end of the month – and now is a good time to use them while you can still triple their value.

11 May 2023

Skipton launches UK's first 100% no-deposit mortgage since 2008 – which Martin Lewis says could be a 'sensible' option for some renters

Renters struggling to save for a deposit can now get a 100% mortgage from Skipton Building Society. It's the first no-deposit deal – that doesn't require a guarantor's backing – to launch in the UK since 2008.

9 May 2023

Martin Lewis: Student loan costs will double for many in England from September 2023 founder Martin Lewis explains what's happening to student finance in England in his latest 'Wallet Wednesday' slot on ITV's Good Morning Britain.

9 May 2023

New fraud prevention measures 'step in the right direction' says Martin Lewis - here's what's been announced, including one-click reporting

Banks will also be allowed to delay payments they believe to be suspicious, while cold calls on all financial products will be banned as part of a host of new measures designed to help tackle fraud.

2 May 2023