DIY investors rate Vanguard and AJ Bell top for value and service

Vanguard and AJ Bell Youinvest have scored best marks in a new customer survey of top DIY investment platforms, while the biggest player Hargreaves Lansdown lagged behind in sixth place. The pair topped the survey of value for money, online tools and customer service at 11 major DIY investment platforms, following a poll of 2,000 … Read more

Property prices are rising at their fastest rate for 14 years

Property prices are rising at their fastest rate for 14 years as demand is fuelled by families seeking bigger homes with gardens after months stuck indoors during lockdown House prices saw their biggest percentage rise in value since 2007 in March Rapid growth is being led by regions of Yorkshire, North East and the North … Read more

Nationwide launches 5% deposit mortgage with lowest rate yet

Nationwide Building Society has become the latest lender to offer mortgages with 5 per cent deposits, and is offering the lowest interest rate yet. It is the largest bank or building society to bring back a 5 per cent product, and the is doing so at the lowest rate available, 3.49 per cent. Nationwide is … Read more

Mexico City is SINKING: Land is depressing at an ‘unstoppable rate’ of up to 20 inches a year

Mexico City is sinking at an ‘unstoppable’ with some parts decompressing up to 20 inches a year over the past decades. A new report highlights centuries of pumping water from the aquifer under North America’s most populous city that has caused its foundation to compress at an alarming rate. The city was built on what what … Read more

Nationwide lets first-time buyers borrow 20% MORE – if they lock mortgage rate for five years 

Nationwide lets first-time buyers borrow 20% MORE as it raises mortgage limit to 5.5 times salary – but they must lock in for five years  UK’s second-largest mortgage lender changes loan-to-income calculation – but only for first-time buyers fixing their rate for between five and 10 years They will be able to borrow 5.5 times … Read more

Best cash Isa rates: Marcus Bank fails to spark a tax-free rate war

No green shoots for Isa savers as the new tax year sees saving rates fall as Marcus fails to spur a tax-free rate war Rates on easy-access Isas have fallen from 0.46% in March to 0.41%  March and April is usually ‘Isa season’ when banks compete for savers’ cash   Rates are now at an all-time … Read more

Manufacturing sector grows at fastest rate for a DECADE

Britain’s Covid bounceback: Manufacturing sector grows at fastest rate for a DECADE after Rishi Sunak says he is ‘confident’ about recovery Closely-watched PMI for manufacturing came in at 10-year high of 58.9 in March Anything above 50 in the index represents an expansion in economic activity Rishi Sunak insisted last night he is ‘confident’ the … Read more

CPI inflation rate drops to 0.4% in February

CPI inflation rate drops to 0.4% in February with clothes and cars getting cheaper after renewed lockdown – easing fears over rising prices Headline CPI rate of inflation fell from 0.7 per cent to 0.4 per cent in February Suprised economists who had been expecting a slight uptick in the annual rate Clothes and second … Read more

Santander savers set to lose out as bank announces string of rate cuts

Santander savers set to lose out as bank announces a string of rate cuts to come in next month By Sylvia Morris For The Daily Mail Published: 22:01 GMT, 23 March 2021 | Updated: 22:01 GMT, 23 March 2021 Santander is slashing the rate on its Easy Isa from a lowly 0.1 per cent to a … Read more