Latest News from Money Expert

The government is closing a loophole that restricted home buyers using the Help to Buy scheme to 25-year mortgages. Under the current system, homeowners who used Help to Buy and remortgaged at the end...

Insurers detected 469,000 fraudulent and dishonest claims last year, according to data from the Association of British Insurers (ABI). That includes 98,000 fraudulent claims, valued at £1.2 billion....

More than 132,000 people have signed up to the government’s Help to Save scheme, according to the latest figures from HM Revenue and Customs. The Help to Save scheme was launched last year in order to...

Credit card deals for consumers have worsened, with the free borrowing periods on balance transfer cards shrinking. In news that will disappointing for those looking to borrow or trying to manage...

UK parents are now one of the country’s biggest mortgage lenders, according to a survey by Legal & General. The latest research from the financial services company revealed that around £6.3...

The average premiums for home building and contents insurance increased 2.1% over the last year, taking the cost of the average new combined policy to £136. The increase was largely in line with the...

The competition watchdog has ordered two of Britain’s largest high street banks to appoint independent bodies to audit their payment protection insurance (PPI) policies. The Competitions and Market...

Market share of Britain’s largest supermarkets—Tesco, Sainsbury’s, Asda, and Morrisons—have fallen to a 15-year low, as shoppers flock to German discount stores and online retailers. The “Big Four”...

Retail sales in the UK fell in August at the fastest pace since December 2008, according to the Confederation of British Industry (CBI). The Distributive Trades Survey from the CBI measures the...

The August 29 deadline for claiming on mis-sold payment protection insurance (PPI) is just one week away. PPI is an insurance policy that is sold by various providers of mortgages, loans and credit...