Whenever I see the term 100% LTV mortgage, I can’t help thinking back to the mortgage madness in the run up to the financial crash. Fortunately, the latest deal from Lloyds Bank isn’t a stand alone 100% mortgage as it’s supported by a 10% deposit Read More
High street Banks and Building Societies are still not fighting hard enough for our savings balances, but some of the less well known specialist and challenger banks are more than making up for it with some excellent rates currently on offer. Savings rates are slowly Read More
The table below highlights why the FCA today announced that it wants to abolish fixed fee overdrafts – you can see how much of an income generator it is for some of the big banks.
The Financial Conduct Authority has today announced some wide ranging proposals to overhaul the overdraft market. The key changes it is looking for are: Ensuring the price for each overdraft will be a simple, single interest rate – no fixed daily or monthly charges. Tackling Read More
Richard Litchfield is from peer-to-peer (P2P) lending platform Lending Works. Here, he shares his tips for how you can be at the top of your game in this alternative finance market. With interest rates stagnating and figures for September 2018 showing that 99% of savings Read More