UK pensioners currently claiming Pension Credit should check in with the Department of Work and Pensions before leaving the country, or risk losing the benefit. Pension Credit is a benefit for low-earners that are over the state pension and provides financial assistance for living costs as well as other benefits. The credit tops up pensioners’ […]
Paragon Bank has increased the rates on its fixed rate ISA products as the deadline to max out your ISA allowance looms. Savers can put away up to £500,000 into the accounts, with the new rates coming into effect from Friday, March 15. The rate increases include: One-year fixed rate cash ISA – up from […]
Martin Lewis has urged people to deposit at least £1 into a savings account to get the ‘clock ticking’ so they can secure a bonus up to £1,000. He told viewers of his ITV show they should open a Lifetime ISA now even with the minimum amount so they can get the 25 percent bonus. […]
Martin Lewis, the money-saving guru, is encouraging everyone with a mobile phone to send two free texts immediately to potentially save hundreds of pounds on their annual mobile phone bills. He has warned that the average contract is set to increase by eight percent due to mid-contract price rises in April. However, there are steps […]
We won’t get one, though. Not until June at the earliest, when we urgently need one today. Why? Because the Bank of England doesn’t think we’ve suffered enough yet. And until it does, it’ll hold base rates at 5.25 percent, just to make sure we keep hurting. The BoE’s biggest worry is that we’re all […]
The government has confirmed new strict rules for some empty homes that will come into effect in the next few weeks. The Department for Levelling Up, Housing and Communities announced that it will introduce tougher rules which will double council tax on long-term empty properties from April 1. Councils will also gain new powers to […]
Another 500 households will be released from “problematic” leaseholds which saw the ground rent they paid double every ten to 15 years. The competition watchdog said that the households, whose homes are owned by eight different companies, would see their ground rent returned to where it was when their homes were first sold. It means […]
Britain’s biggest mortgage lender is to reduce the maximum working age it considers for some home loans from 75 to 70. The move by Halifax flies in the face of evidence that more people are delaying retirement and working well into their seventies and even beyond, according to news agency Newspage. It also represents a […]
New DWP pay rates for State Pension and benefits start on specific April dates (Image: GETTY) Millions of people are set for an income boost in April when both DWP and HMRC benefits rise again to support high living costs. The Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will implement […]
Low cost fitness group The Gym Group says it has more than halved its annual losses, thanks to an increase in both its membership and their spending. Its revenues for the 12 months to the end of December increased 18 percent to £204million, which sent its pre-tax losses down from £19.4million to £8.3million. Its membership […]