MSE News

Mortgages

Homeowners set to be able to extend mortgage payment holidays

Those struggling to pay their mortgage due to coronavirus are set to be able to extend their payment holidays for three more months, or start making reduced payments, in proposals published today

22 May 2020

Payment holidays may hurt mortgage application chances via the back door

New information uncovered by MoneySavingExpert.com indicates taking a payment holiday on your mortgage or other forms of credit could have an impact on future credit applications despite promises that credit scores won't be affected

14 May 2020

Homebuyers and renters urged to delay property moves

The Government has urged those with imminent house moves to delay their moving date while measures are in place to stop the spread of coronavirus

27 March 2020

First Direct error leaves some mortgage customers facing higher repayments – and others in line for money back

Some First Direct mortgage customers will see their payments increase – while others will be in line for money back – following an error

9 March 2020

Treasury Minister replies: 'Martin, I'll listen to your mortgage policy plans, but I've lines you can't cross'

The Economic Secretary to the Treasury has responded to news that MSE founder Martin Lewis is funding research to try to release 250,000 mortgage prisoners

2 March 2020

Competition watchdog to take action on leasehold selling

The competition watchdog says it has found evidence of potential mis-selling and unfair contract terms in the leasehold housing sector

28 February 2020

'I got the council tax band for me and 29 of my neighbours lowered, saving us £10,000s'

An MSE user has become the "favourite neighbour" in his area after challenging his council tax band and getting a price reduction for him and 29 other apartments in his postcode

18 February 2020

Martin Lewis to fund large-scale research to help free 170,000 mortgage prisoners

A new study at the London School of Economics and Political Science (LSE), funded by MoneySavingExpert.com founder Martin Lewis, will look to find solutions to unchain 170,000 'mortgage prisoners'

4 February 2020

Minister considering extending regulation to help mortgage prisoners

Treasury Minister John Glen has said that he is willing to consider extending the limits of the financial regulator's powers to help more 'mortgage prisoners' who are stuck on expensive deals with unregulated lenders and lenders that no longer offer new mortgages

28 January 2020

Major lenders show 'little interest' in helping mortgage prisoners switch

Major mortgage lenders have shown "little desire" to help homeowners trapped on high interest rates by relaxing affordability rules, the financial watchdog has said

20 January 2020

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