Business

[ad_1] Beryl Hutchinson and her son, Steve (Image: BBC) Shared appreciation mortgages (SAM) have been a subject of concern and controversy for many years as customers are left to pay thousands to the bank once their property has sold. These mortgages have sparked fury due to the substantial share of …

[ad_1] HMRC said around 430,000 people aged between 18 and 21 years have an unclaimed Child Trust Fund. Child Trust Funds are long-term, tax-free savings accounts and were set up for every child born between September 1, 2002, and January 2, 2011, with the Government contributing an initial deposit of …

[ad_1] The Governor of the Bank of England said things in the UK look better than they did a year ago in a nod to the mini-budget chaos of last autumn. Speaking at the International Monetary Fund (IMF)’s annual meeting in Marrakech, Morocco, Andrew Bailey said he was one of …

[ad_1] Coventry Building Society has increased the interest rate on it’s cash ISA from 4.90 percent to 5.05 percent. The savings account is available for both new and existing customers. This increase means the building society now offers the market’s highest rate for tax-efficient easy access savings. This tax-free account can be opened with a minimum …

[ad_1] Investor Michael Burry predicted the mortgage crisis in 2008 and realised that it meant property prices would fall and bet against the housing market. By predicting the market, he was able to make himself and others close to him hundreds of millions of dollars in the process. Britons are reminded they …

[ad_1] Martin Lewis has urged Britons on Universal Credit to check if they can claim discounted rates for their broadband. Social tariffs can provide hugely discounted rates for people in certain situations, with rates as low as £12 a month. Mr Lewis said in a special episode of the The …

[ad_1] These are the six best European cities that Britons looking for a comfortable retirement abroad can live out their later years in for under £1,500 a month. GOBankingRates sourced data from WorldPopulationReview, Numbeo and the 2023 Global Peace Index to rank the top 500 cities in terms of population. …

[ad_1] Two extremely rare 50p coins were listed on eBay and sold for £2,500 after a bidding war. Britons are urged to check their wallets and down their couches for any spare change as it could be worth a fortune. The two coins listed were both made to commemorate the …

[ad_1] There are a number of energy providers who will be giving customers a £150 discount on energy bills this winter under the Warm Home Discount scheme. The scheme will open on October 16, and the money will be applied by the end of March. Britons will receive the money directly into their energy account, …

[ad_1] A banking division of Santander has recently announced an increase to the interest rate of one of its savings accounts. cahoot, an online bank, has raised the rate of its Simply Saver (issue 2) account in a boon for regular savers. However, experts are warning the issue of high …