Cladding crisis: six major lenders now offer mortgages on some affected buildings – but not everyone can get them
Flat-owners impacted by the cladding crisis in England may now be able to sell or remortgage their homes, with six major lenders agreeing to offer mortgages under new industry guidance.
10 January 2023
Mortgage guarantee scheme extended into 2023 – but should you take out a deal with just a 5% deposit?
With the difference in cost between mortgages for those with a 5% deposit and those with a 40% deposit at its narrowest in over 10 years, is it wise to take out a 95% deal?
21 December 2022
Bank of England increases base rate to 3.5% – what the rise means for your mortgage and savings
The Bank of England has increased the base rate from 3% to 3.5%. 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.
20 December 2022
Martin Lewis calls for more support for mortgage borrowers during meeting with the Chancellor and lenders
Mortgage lenders have been pushed to offer more support for struggling homeowners following a meeting with MoneySavingExpert.com founder Martin Lewis, the Chancellor Jeremy Hunt, and the financial regulator. The move comes as homeowners continue to face higher and significantly more expensive interest rates amid the cost-of-living crisis.
8 December 2022
Need a new mortgage? Staying with your existing lender may now be cheaper than switching to a different one
We look at the difference between 'sticking or twisting', and why the balance between the two has shifted.
15 November 2022
Cheapest fixed mortgage deals dip below 5% – the lowest rate in a month
Homebuyers and remortgagers can now take out a five-year fixed deal that charges less than 5% interest.
14 November 2022
Latest on mortgage rates – fixed rates start to fall, despite another Bank of England base rate rise
The cost of fixed-rate mortgage deals has started to fall, despite the Bank of England's base rate rise last week.
8 November 2022
Martin Lewis: Warning - fix your mortgage if you want certainty but you could end up paying more than you need to
Planning to fix your mortgage? You might want to wait a little while longer before doing so as you could end up paying more than you need to. That's the warning MoneySavingExpert.com founder Martin Lewis gave in the opening episode of the new series of ITV's The Martin Lewis Money Show Live.
20 October 2022
What's happening to mortgage rates following the mini-budget reversal – MSE's analysis
Interest rates on mortgages could start falling in the next few weeks, following the Government's reversal of its mini-budget which has helped calm the financial markets.
18 October 2022
Mortgage lenders now letting existing borrowers lock in today's rates SIX MONTHS early – does yours?
Several major lenders have increased how far in advance existing borrowers can lock in a new mortgage deal as interest rates rise. It comes as many homeowners look to start the process of lining up a new mortgage earlier than usual, hoping to get a cheaper deal and stay ahead of future rate hikes after the base rate hit 2.25% in September.
14 October 2022
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2 February 2023All energy suppliers were found to have weaknesses when it comes to customer service and complaints, according to regulator Ofgem’s latest report on energy providers’ performance. E.on was the worst offender, and the regulator has ordered it to make immediate improvements or face further action.
2 February 2023If you're a regular shopper at stationery retailer Paperchase, we've rounded-up your refund and return rights, plus what to do with any unspent gift vouchers. The firm collapsed into administration earlier this week, though the brand and intellectual property rights have since been purchased by Tesco.
Pregnant or have a child under four? Check if you can get £17+ a month to help with food costs as over 200,000 are missing out2 February 2023If you're pregnant or have a child under the age of four, and you're on a low income, you may be eligible for a Healthy Start prepaid card offering at least £4.25 a week to spend on healthy food, milk and vitamins.
2 February 2023The Bank of England has increased the base rate from 3.5% to 4%. 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.
2 February 2023The average annual water bill in England and Wales is set to rise by around £31 a year (7.5%) from April, industry body Water UK has announced today.
5 December 2022Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...
29 November 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.
6 January 2023
29 December 2022
Clever ways to calculate your finances