MoneySavingExpert News
Mortgages

Mortgage prisoners are still suffering every month and need urgent help from the Government, a parliamentary group has said. The call comes nearly a year after the publication of a major report, funded by MoneySavingExpert.com founder Martin Lewis, which put forward costed solutions to the nightmare situation facing up to 200,000 people in the UK.
29 February 2024

Interest rates on mainstream five-year fixed mortgage deals are set to drop below 4% this week – the first time in more than six months they've been this low from a high-street lender. Meanwhile, two-year fixes are set to fall below 4.5%. But will they get any cheaper and what, if anything, should you do about it?
16 January 2024

Martin Lewis, MoneySavingExpert.com’s (MSE's) founder and chair, is today strengthening his call for the Chancellor to overhaul the Lifetime ISA (LISA) in his 22 November Autumn Statement. Young savers should not be essentially fined – and lose their hard-saved cash – when they purchase homes above the scheme's £450,000 limit. This is a problem that leaves far more at risk now than when LISAs launched in 2017.
6 November 2023

Interest rates on fixed mortgage deals have been edging down over the past few weeks with some five and 10-year fixes now below 5%. Mortgage brokers have told MoneySavingExpert.com that further cuts are possible in the short term after the base rate was held at 5.25% this month, following 14 consecutive rises.
25 September 2023

In an urgent private meeting on mortgages with Chancellor Jeremy Hunt, and in a separate conversation with Shadow Chancellor Rachel Reeves, MoneySavingExpert.com founder Martin Lewis has today (Wednesday 21 June) stressed the need for proper forbearance measures for struggling mortgage holders, and the need for banks not to ramp up their profit margins.
20 June 2023
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