Cash Isas: ministers sound out City bosses on cutting £20,000 tax-free allowance Investment firms say scaling back tax breaks would help UK stocks, but banks and public are wary of change The Guardian - UK · May 16, 2025
18% quarterly jump in homeowner mortgage repossessions Current repossessions predominantly relate to older mortgages, UK Finance said. The Independent UK · May 15, 2025
Nearly a quarter of parents with adult children ‘have had them boomerang home to live’ for years Two in five mothers surveyed would be happy to welcome their children back as adults, as would one in three fathers, according to the new data Evening Standard · May 12, 2025
Bank of mum and dad ‘helps first-time buyers purchase homes two years earlier’ The growing reliance on family support risks deepening housing market inequality, according to UK Finance, which carried out the analysis. Evening Standard · May 9, 2025
True value of ‘bank of mum and dad’ for first-time buyers revealed in new analysis Years of saving and thousands of pounds are saved with family support, researchers find The Independent UK · May 9, 2025
Tracker mortgage holders could save nearly £350 a year following rate cut Thursday’s base rate reduction by the Bank of England would help boost housing market activity, property experts said. Evening Standard · May 8, 2025
UK interest rate cut: what does it mean for mortgages and savings? The Bank of England has voted to cut the cost of borrowing, reducing the base rate to 4.25%. Here’s what it means for you The Guardian - UK · May 8, 2025
Jump in number of buy-to-let loans taken out in final quarter of 2024 Global uncertainty and weaker equity markets had led to ‘canny investors’ looking for opportunities in the housing market, one property expert said. Evening Standard · Apr 2, 2025
More than £1 trillion worth of card transactions made in 2024, says UK Finance The average contactless transaction last year was for £15.86, UK Finance said. Evening Standard · Apr 1, 2025
‘Sim farms’, high heels, zombie knives: what scammers buy with the money they steal A haul of items seized by police reveals the scale and threat of payment fraud – a crime that can have significant emotional impact on victims The Guardian - UK · Mar 31, 2025
UK ministers and officials treated to hospitality 3,500 times in five years, study finds Some of firms providing meals and tickets also among those to secure most meetings in key departments The Guardian - UK · Mar 28, 2025
Dip in number of mortgage approvals to home buyers in January Some buyers may have decided they are too late to take advantage of a stamp duty holiday by the end of March, a finance expert said. Evening Standard · Mar 3, 2025
Later life mortgage lending jumped in the fourth quarter of 2024 Stretched finances mean some people may need to borrow for longer, not out of choice but out of need, one expert said. Evening Standard · Feb 27, 2025
Criminals offering fake help with fuel bills in digital wallet scam The mobile phone scam, which could also involve fake notifications about parcels not being delivered, has links to international crime groups. Evening Standard · Feb 26, 2025
The Independent UK · Feb 6, 2025 Home repossessions increase but mortgage arrears on ‘downward trend’ While pressures remain, the challenges of higher interest rates and cost-of-living increases have started to ease, UK Finance said.
The Guardian - UK · Jan 17, 2025 Two men sentenced in UK over £1m fraud based on stolen banking letters Muhammed Qayyum and Adbdul Khan intercepted post and used it to gain access to victims’ account details
The Independent UK · Dec 31, 2024 Why property experts are predicting 2025 will be a ‘buyer’s market’ with sales boom First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market, experts said.
Evening Standard · Dec 31, 2024 'Buyer’s market’ predicted for next year with higher negotiating power and more house sales First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market
Evening Standard · Dec 19, 2024 London fraudsters who used 'SIM farm' to con £220K from victims in banking scam jailed The fraudsters used texts and calls to scam victims of thousands of pounds
Evening Standard · Dec 17, 2024 Loneliness at Christmas puts people at risk of scams, campaign warns Impersonation and romance scams are particularly harmful methods of defrauding people, the Take Five to Stop Fraud campaign said.
The Guardian - UK · Dec 7, 2024 Average UK house price hits record £300,000 as demand remains undented Cost of housing at all-time high, Halifax reports, as mortgage lengths and borrowing multiples grow
The Guardian - UK · Nov 28, 2024 City regulator offers to water down ‘name and shame’ rules after pressure FCA proposes giving 10 days’ notice before revealing identities of firms under investigation and will consider market impact
Evening Standard · Nov 7, 2024 Average tracker mortgage payments will fall by nearly £30 The reduction follows the 0.25% cut to the Bank of England base rate.
Evening Standard · Nov 7, 2024 Home repossessions jumped annually in the third quarter of 2024 Monthly mortgage payments have been ‘eating up’ a much larger proportion of incomes, debt help charity StepChange said.
The Guardian - UK · Nov 4, 2024 Expecting a new credit card in the post? Beware the ‘not received’ scam The amount of money stolen from plastic that is being intercepted and used for spending is soaring rapidly