Britain’s first bank in 100 years to lend money solely to farmers has opened its doors to everyday savers with a range of competitive deals, This is Money can reveal. Cheshire-based Oxbury Bank, which obtained its banking licence in January 2020, will pay savers 0.58 per cent on a 95-day notice account, the third-best rate … Read more
The average rate of a lifetime mortgage has reached a record low, whilst the number of available options is at an all-time high. The typical rate across lifetime mortgages has dropped below 4 per cent for the first time according to Moneyfacts, with the average rate now at 3.95 per cent – down from 4.49 … Read more
A new tongue-in-cheek website called ‘Is my MP a p***k?’ has attracted 250,000 visits in just four days. The website, which was set up on Sunday, allows constituents to search their MP’s name and rates politicians based on their voting records. While all Tories are branded ‘p***ks’ by the website, the majority of Labour, SNP … Read more
Lenders are beginning to reduce interest rates on 10 per cent deposit mortgages, as more products return to the market. This week, Metro Bank cut the rate for its 90 per cent loan-to-value, five-year fixed rate mortgages by 0.4 percentage points. New mortgages are now being offered at 3.59 per cent, while those looking to … Read more
Rock-bottom interest rates spark share trading surge: Long-suffering savers turn to investment platforms as they try to put their money to work By Lucy White For The Daily Mail Published: 21:50 GMT, 21 January 2021 | Updated: 21:50 GMT, 21 January 2021 Britain’s army of savers are turning into online investors amid rock-bottom interest rates … Read more
More choice for landlords as number of buy-to-let mortgage deals on offer increases – but rates are also nudging higher There are nearly 2,000 buy-to-let mortgages on the market right now Although more than last month, this is still far fewer than before the pandemic Lenders are bringing back 20 per cent deposit products for … Read more
Reform Britain’s outdated business rates system now to help High Street survive the pandemic, Sunak told By Lucy White For The Daily Mail Published: 21:50 GMT, 18 January 2021 | Updated: 21:50 GMT, 18 January 2021 Britain’s outdated business rates system must be ripped apart and rebuilt to ensure the High Street can survive and … Read more
A property guardianship company has been slammed for advertising ‘derelict properties’ in London for the same ‘extortionate rates’ as standard private rents. Photos of the ‘disgusting’ properties available through Global Guardians, were shared online yesterday prompting disbelief from social media users. They include a space in a ‘horrible, disused factory’ in Rainham for up to … Read more
A property guardianship company has been slammed for advertising ‘derelict properties’ in London for the same ‘extortionate rates’ as standard private rents. Photos of the ‘disgusting’ properties available through Global Guardians, were shared online yesterday prompting disbelief from social media users. They include a space in a ‘horrible, disused factory’ in Rainham for up to … Read more
An Olympian turned businesswoman was hit with a £30,000 bill and given 14 days to pay up after the council nearly doubled business rates during lockdown. Sarah Lindsay owns the Roar Fitness gym chain which has branches in Liverpool Street, Bank and Kensington, with clients including model Daisy Lowe, fashion designers Charlotte Olympia and Henry … Read more