Kit Sproson

Senior Money Writer – Mortgages Expert

As one of MSE's Money writers, Kit's main topics include mortgages, Council Tax, wills, funeral plans and scams. He previously covered credit scoring, students and buy now, pay later. Before joining MSE in 2019, Kit worked as a digital journalist for ITV News as well as a court reporter.

Kit has been nominated for the Mortgage Journalist of the Year Award at the Headline Money Awards in 2022, 2023 and 2024.

In his spare time, Kit enjoys reading, football, travelling and volunteering at Shelter from the Storm.

Latest from Kit Sproson

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Applications for the fifth and final self-employment income support scheme (SEISS) grant have now CLOSED, marking the end of this particular Government scheme. For your reference, we've kept information in this guide about how SEISS worked. The guide also briefly runs through the measures still available if you're self-employed and continuing to struggle because of coronavirus.

30 September 2021

Halifax has launched a two-year fixed mortgage with a record low interest rate of 0.83%. It comes amid a mortgage rate war with five-year fixes also dropping below 1% for the first time EVER last month. It's yet another reminder to check whether you could save £1,000s on your own mortgage now.

8 August 2021

Nationwide has launched a five-year fixed-rate mortgage deal at 0.99% – the first time interest rates on a five-year deal have EVER dropped below 1%. While mortgage interest rates have been continually creeping down over recent months, Nationwide's latest deal is another reminder of the fierce competition between lenders. So there's no better time to check if you could save £1,000s on your mortgage now.

20 July 2021

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Platform and NatWest have today launched fixed-rate deals with the lowest ever interest rates seen on a two-year and five-year fix respectively, according to brokers. But while these mortgages won't necessarily be best for everyone, the headline-grabbing rates of 0.95% and 1.17% indicate that competition between lenders is currently fierce. So check now if you can save £1,000s on your mortgage.

1 June 2021

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Flexible 'lifetime' student loans, increased rights for renters, leasehold reform, and more protection for those using the internet were among the plans revealed by the Queen today during the state reopening of Parliament.

10 May 2021

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More than 1.5 million businesses struggling due to coronavirus took out a 'bounce back loan' before the scheme closed to applications on 31 March 2021. Bounce back loans are 100% state-backed, worth up to £50,000, and with no interest charged or repayments needed in the first 12 months. Here we take you through how the loans work and what your options are if you're struggling to repay – plus the Treasury answers your questions.

31 March 2021

Homebuyers and movers in England and Wales can fix their mortgage rate 'for life' later this month as Habito has revealed it will allow borrowers to lock in for up to 40 years with no early repayment charges. But while fixing gives you peace of mind over your repayments – you're taking a bet that you won't be able to save more in the long run by switching to cheaper rates in the meantime.

10 March 2021

Anyone with a current or future guarantor-loan mis-selling claim from the sector's largest lender, Amigo Loans, may not get the full amount they're owed. It's because the firm has asked the High Court to approve a new scheme that would limit payouts and set a time restriction on them in a bid to stave off liquidation given the surge of complaints it's facing.

22 December 2020

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More than 375,000 homeowners used an 'equity loan' to get onto the property ladder – many of them first-time buyers – whilst they were still available. Like a mortgage, an equity loan will eventually need paying off. But repaying an equity loan is not always straightforward, especially if you don't have the funds up front. This guide explains what you need to know, including the various ways to repay.

17 December 2020

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Luxembourg has become the latest country to be added back on to the UK's travel exclusion list, after the Government announced anyone arriving from the small European nation must quarantine for 14 days, and advised against all non-essential travel there.

30 July 2020

Substantial numbers of bounce back loan applicants suffer delays, rejections and credit checks, a MoneySavingExpert.com survey of more than 5,000 small business applicants has found. While lenders such as Lloyds and RBS performed well with most people rating them great, far more HSBC and Tide applicants rated their experience as poor.

29 June 2020

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Hundreds of people have told MoneySavingExpert.com that they have been rejected by HM Revenue & Customs' eligibility tool for the Self-Employment Income Support Scheme (SEISS), despite believing they fit the eligibility criteria.

5 May 2020

Home-movers whose moving process has been impacted by the coronavirus outbreak are set to be offered mortgage extensions by their lenders, it has been announced today.

26 March 2020

Halifax and Barclays have withdrawn many mortgages from sale this week, making it harder for borrowers with lower equity or deposits to get a new deal, as the impact of coronavirus starts to spread to the housing market.

26 March 2020

HSBC is to increase the interest-free overdraft buffer on its main current accounts to £300 next week in a bid to help customers impacted by the coronavirus pandemic.

20 March 2020

Millions of homeowners looking to extend their lease or purchase their freehold could save £1,000s under new proposals published by the Law Commission, though any changes are likely to be a long way off.

10 January 2020