The Consumer Prices Index saw a welcome drop to 2.1% in December, according to the latest statistics from the ONS, which means savers now have plenty of options if they’re looking for an account that can beat it. Here are the top deals available.
If you’re approaching retirement and still have an interest-only mortgage you’re not sure how you’ll pay off, you now have another option to consider – taking out a retirement interest-only mortgage. Is now the time to consider one?
2018 proved to be another record year for the equity release sector, with figures revealing that retired homeowners released £3.6bn in property wealth over the year, the highest annual total ever seen – and by all accounts, 2019 could go even better!
The latest update from the ONS revealed that inflation has fallen for another month, which is not only great news for those looking to make their money go further, but also for savers, as there are now 100 savings accounts that can match or beat it!
In the battle of the best savings rates, it’s generally thought that longer-term deals win the day – but while that’s true as a whole, long-term rates aren’t rising as dramatically as one-year deals, with the one-year average at a four-year high!
The expertise of the Moneyfacts team is regularly in demand, with journalists and media outlets from across the financial services and national spectrum relying on us for up-to-the-minute information. Here’s where we’ve been in the news recently.
The start of a new year can herald a new beginning for people’s finances – and some consumers consider moving their current account in the process. Given that cash perks are returning to the banking sector, now could be a great time to do it!
The financial incentive for borrowers reaching the end of their current fixed rate deal to remortgage to a new deal has soared to an 11-year high. Find out more about these incentives and how you can remortgage.