A dad-of-three had his home repossessed despite making his mortgage repayments for 36 years. Chris Fleming was left stuck on an interest-only mortgage that was sold off by the Government after his lender went bust following the 2008 financial crash. His mortgage repayments tripled from £670 a month to as high as £1,760 and in […]

Thousands of pensioners in the UK are eligible for Attendance Allowance to help with personal care but the new claim form requires a bit more information to complete. Attendance Allowance is to help with extra costs if you have a disability, health condition or illness severe enough that you need someone to help look after […]

New fears that inflation will begin to rise after dipping to two percent in the coming months have emerged. Finance industry experts have pointed to evidence from the Office of Budget Responsibility (OBR) that falls in inflation could be short-lived. If this is the case, the hoped-for cuts in interest rates may be delayed, which […]

Martin Lewis is urging couples to check if they claim as much as £1,256 in tax back from HMRC – but they have to act fast to secure the full amount. Posting a snippet of one of his previous ITV Money Shows, Mr Lewis wrote to his 2.7 million followers on X: “Are you married? […]

Inheritance has long been considered a significant aspect of financial planning for many families. In fact, nearly half (46 percent) of people polled expect to receive an inheritance from their parents. The survey, commissioned by Lime Solicitors with 1,000 respondents, found one in five (21 percent) are “relying” on this inheritance to supplement them financially […]

City watchdogs have paved the way for banks to charge customers for current accounts in an end to free banking. The Financial Conduct Authority (FCA) has said it “would not stand in the way” of moves to end the free banking model if lenders chose to offset rising regulation costs by charging fees. In remarks […]

Waitrose is planning a fresh round of price cuts to help it maintain its growth, which has helped power its parent John Lewis back into profit. Last month, the upmarket grocer invested £30million to cut the price of over 200 products. Executive director James Bailey said that it will follow that up with further reductions, […]

A slowdown in wage rises has raised hopes the Bank of England will have room to bring forward cuts in the base interest rate. Lower wage growth has helped to ease concerns about inflation, which is predicted to fall to the target rate of two percent in the next few months. Market analysts have been […]

Hampshire Trust Bank has launched a new easy access savings account offering an interest rate of 5.06 percent. The Online Easy Access Account (Issue 19) places “comfortably” in the market and has earned an “excellent” Moneyfactscompare rating. Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “This week, Hampshire Trust Bank has launched […]

Lloyds Banking Group has set out plans to axe another 53 of its high street bank branches over the coming months and into 2025. The latest raft of closures will include 21 Lloyds branches, 22 Halifax outlets and 10 Bank of Scotland sites. Many banks have been slashing back their high street presence as customers […]