The end of the Stamp Duty holiday in April has caused some significant trouble for the housing market. According to a report by Halifax, published in the Telegraph, the looming deadline pushed house prices down by 0.3% between December … Read the rest
In recent months, the Nationwide Building Society has begun to offer cash prize draws as an incentive for people to save with them. This is welcome news to some savers, who have struggled with record-low interest rates for some time.… Read the rest
In 2020, Chancellor Rishi Sunak’s announced a Stamp Duty holiday intended to save buyers a significant amount of tax when moving home, which gave a strong boost to the housing market. Recently, however, some industry experts have called for the … Read the rest
Have you ever stopped to wonder what would happen if you suddenly lost your income? If you’re the main or only earner in your household, losing your income can have an adverse effect on your ability to reach your financial … Read the rest
In recent years it has become increasingly difficult for young people to get onto the property ladder, resulting in many young adults choosing to rent their home. However, the Prime Minister hopes to change that, promising to turn ‘Generation Rent’ … Read the rest
Since the end of the initial lockdown in 2020, the UK housing market has experienced a ‘mini-boom.’ According to a report by the BBC, house prices in the UK grew by 7.5% in 2020, despite the economic fallout of … Read the rest
A recent study by the Money and Pensions Service, published by the BBC, found that almost two-fifths of Brits are keeping money secrets from their loved ones. It also showed that millennials were the biggest offenders, with three-fifths of … Read the rest
The housing market has enjoyed a year of mixed fortunes in 2020, seeing a stagnation and slight fall during the initial lockdown and then a strong rebound since July. This rebound saw the average house price rise to a historic … Read the rest
With 2021 fast approaching, it’s time to start thinking about your new year’s resolutions. This year, on top of any promises to learn guitar or start jogging, why not also consider making a change that will benefit your finances?
If … Read the rest
The Financial Conduct Authority (FCA) have recently announced that mortgage holders can seek further repayment holidays following the government’s announcement of a second lockdown. This measure is meant to help borrowers who are struggling because of the financial consequences of … Read the rest
Your home may be repossessed if you do not keep up repayments on your mortgage
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