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UK interest rates to stay at record low
Friday 28th July 2010
The Bank of England will have to keep interest rates at their record low of 0.5% until 2014, a leading economic forecaster has said..........
Pension scheme trustees suspended
Friday 23rd July 2010
The Pensions Regulator suspended the trustees of more than 100 defined contribution (DC) pension schemes last year, according to its annual report..........
Pensions: Proposals to relax annuity rules
Monday 19th July 2010
The government has outlined its plans to scrap the long-standing compulsory deadline for people buying an annuity..........
More equity unlocked by pensioners
Thursday 15th July 2010
The amount of money pensioners unlocked from their homes soared by more than a fifth during the first half of the year, research has indicated..........
Plan to change private pension inflation link
Friday 9th July 2010
The government wants to change how some private sector pensions are calculated..........
House prices fell in May, Land Registry says
Tuesday 29th June 2010
House prices in England and Wales fell by 0.2% between April and May, according to the Land Registry..........
Retirement age 'should be scrapped' says an Age UK survey
Tuesday 22nd June 2010
Most people want employers to lose the right to tell people when to retire, according to a survey by the charity, Age UK.........
Pension fund deficits widen in May
Wednesday 9th June 2010
The collective deficit of the UK's private sector final-salary pension schemes worsened in May, the Pension Protection Fund (PPF) said.........
BP shares dip may hit pension funds
Thursday 3rd June 2010
The steep slide in BP's share price is bad news for UK pension funds - the vast majority of which will hold a stake in the company.........
House price inflation hits 8.5% in England and Wales
Tuesday 1st June 2010
Prices in April rose by another 0.2%, pushing up the annual rate of increase to 8.5%.........
State pension age to rise faster
Wednesday 26th May 2010
Speeding up the raising of the state pension age from 65 to 68 is to be part of the UK government's first reforms........
Housing market regains momentum
Tuesday 18th May 2010
Housing market activity bounced back during March with a 25% jump in the number of mortgages advanced to people buying a property, figures have shown........
Experts warn over mortgage rates
Monday 10th May 2010
Mortgage rates should not rise significantly as a result of the uncertainty caused by the hung parliament, commentators have said........
General Election result 'will impact on personal finances'
Tuesday 4th May 2010
Personal finance specialists may not be able to forecast the election result but they are sure about one thing: sooner rather than later, the next government will hit us all where it hurts - in the wallet........
Forced retirement 'costs billions'
Wednesday 28th April 2010
Forcing older workers to retire cost the UK economy £3.5 billion last year, including £2 billion in lost earnings, a charity has claimed........
Mortgage lending soars to £11.5bn
Tuesday 20th April 2010
Mortgage lending soared by nearly a quarter to £11.5 billion last month figures have showed........
Interest rates held at 0.5%
Monday 12th April 2010
Borrowing costs have been held at 0.5% for more than a year as the Bank's Monetary Policy Committee (MPC) attempts to soothe the ailing economy........
House prices bounce back after fall
Tuesday 30th March 2010
House prices bounced back during March after falling for the first time in 10 months in February, figures show........
One in 10 'delaying retirement'
Tuesday 23rd March 2010
Nearly one in 10 workers has been forced to delay their retirement due to a financial emergency, a survey has shown........
House-hunters shun static market
Wednesday 17th March 2010
The imbalance between supply and demand showed further signs of easing during February as potential new buyers stayed away from the housing market, research has shown........
Interest on fixed rate loans drops
Wednesday 10th March 2010
The interest charged on two-year fixed rate mortgages fell to a six-and-a-half-year low during February........
Over 55s consider moving abroad
Monday 8th March 2010
Four out of 10 people approaching retirement are considering moving abroad, a survey has shown........
UK housing market 'among improvers'
Wednesday 3rd March 2010
The UK housing market is improving at a faster rate than property prices across most of the rest of Europe, a report showed........
UK house prices 'lose momentum'
Friday 26th February 2010
UK house prices fell for the first time in 10 months in February as icy weather put off house hunters........
Fixed rate mortgages prove popular
Monday 22nd February 2010
Fixed rate mortgages enjoyed their most popular year ever in 2009, accounting for more than two-thirds of all lending, research has shown........
Estate agency probe 'disappoints'
Friday 19th February 2010
A trade body says an opportunity to regulate the sector has been missed........
Housing prices show steady recovery
Wednesday 17th February 2010
The housing market continued to show signs of recovering during December with prices rising by 0.8%, Government figures have shown........
Stamp duty effect on home sales
Friday 12th February 2010
Sales of homes below the temporary stamp duty threshold in England and Wales rose sharply in the last three months of 2009........
Pensioners hit by tax codes glitch
Tuesday 9th February 2010
Thousands of pensioners may have been issued with the wrong tax code following the introduction of a new computer system at HM Revenue & Customs, it has emerged........
House prices growth slowing: Survey
Thursday 4th February 2010
House prices rose for the seventh month in a row during January but the rate at which they are increasing slowed, figures have shown........
Scams affect one-in-10 Britons, says OFT
Monday 1st February 2010
Almost 10% of adults - more than 4m people - in Britain say they have responded to a scam in their lives, the Office of Fair Trading (OFT) has said.......
Call for over-65s to keep working
Tuesday 26th January 2010
People should be allowed to work beyond the age of 65 and with more flexible hours, the Equality and Human Rights Commission has said.......
Gold cash firms 'offer bad value'
Friday 22nd January 2010
The trading watchdog has demanded information from companies that offer consumers cash for gold jewellery to ensure they are not breaking the law.......
House prices 'have quadrupled'
Wednesday 20th January 2010
Home ownership is less affordable than it was 50 years ago after prices almost quadrupled in real terms, according to research.......
Home mortgage cost hits 13-year low
Friday 15th January 2010
The cost of mortgage repayments for homeowners buying a new property hit a 13-year low during November, figures have shown.......
House prices rise slowing down
Tuesday 12th January 2010
The rate at which house prices are rising slowed during December as the gap between supply and demand narrowed, research has revealed......
Cautious Bank keeps rates on hold
Friday 8th January 2010
The Bank of England has held interest rates at a record low as policymakers treated recent signs of a tentative recovery with caution......
House prices rise by 5.9% in 2009
Monday 4th January 2010
UK house prices rose by 5.9% in 2009, making some recovery from the massive falls seen last year......
OFT set to drop bank charges battle
Tuesday 22nd November 2009
The Office of Fair Trading is due to announce whether it plans to take any further legal action against the banks over unauthorised overdraft charges......
First-time buyers hit lowest level
Friday 18th November 2009
The proportion of first-time buyers purchasing property fell to its lowest level for a year during November, research has shown......
State pension freeze saves up to £350m
Monday 14th November 2009
The pre-Budget report pledge to raise the state pension will not apply to some parts of the pension - potentially saving the Treasury £350m in 2010/11......
Rate predicted to stay on hold
Monday 7th November 2009
The Bank of England is unlikely to deliver an early Christmas present to the economy as experts predict no-change in this week's monetary policy meeting......
Annuity rates at record lows
Friday 4th November 2009
Pension incomes for new retirees have nearly halved during the past 15 years as annuity rates have hit record lows, research showed......
House prices rise fifth month in row
Monday 30th November 2009
House prices in England and Wales rose for the fifth month in a row during October, figures have showed......
More pension schemes set to close
Friday 27th November 2009
Nearly a third of defined benefit pension schemes which have closed to new members plan to shut to existing ones during the coming five years, according to new research......
Warning over council tax scam
Monday 23rd November 2009
Consumers have been warned to be vigilant after it emerged fraudsters were trying to trick people into handing over their bank account details through a council tax scam......
Mortgage lending up five per cent
Friday 20th November 2009
Mortgage lending rose by 5% during October as the market continued to recover from its traditional summer dip, figures showed......
Warning over stamp duty 'holiday'
Tuesday 17th November 2009
The end of the Government's stamp duty holiday will hit the housing market hardest in regions that are already failing to benefit from the recovery, the Royal Institution of Chartered Surveyors (RICS) has warned......
House prices continuing to rise
Wednesday 11th November 2009
House prices rose for the sixth month in a row during September, jumping by 1.2%, Government figures have shown......
Savers suffering from low rates
Friday 6th November 2009
Nearly half of all variable rate savings accounts in the UK pay interest of 0.5% or less, financial information service Moneyfacts has said......
House prices higher than a year ago
Monday 2nd November 2009
Mortgage lender Nationwide said house prices rose 0.4 percent in October, leaving them 2.0 percent higher than a year ago in their first annual rise since March 2008.....
1.5m pensioners 'overpaying tax'
Friday 23rd October 2009
Some 1.5 million pensioners have overpaid a total of £250m in tax since 2002-3, according to a report by the National Audit Office (NAO).....
Plan to test mortgage affordability
Monday 19th October 2009
Borrowers face a mortgage affordability test from lenders amid plans by the Financial Services Authority (FSA) to step up the regulation of home loans.....
Call to scrap 'outdated' stamp duty
Thursday 15th October 2009
Stamp duty is an "anachronistic" tax on aspiration and should be reformed, property professionals have said.....
Pensioners use equity to pay off debts
Tuesday 13th October 2009
One in three retired people who unlocked equity from their home used the money to pay off credit card and loan debts during the third quarter, research has shown.....
Interest rates 'set to stay low'
Monday 12th October 2009
Interest rates will stay at rock bottom in the years to come as the Government tackles the UK's wounded economy, a report has predicted.....
Rise in Isa limits for over 50's
Thursday 8th October 2009
A change enabling millions of savers aged over 50 to increase the amount deposited in a tax-free Individual Savings Account (Isa) has come in.....
More signs of rise in house prices
Tuesday 6th October 2009
UK house prices rose for the third consecutive month in September.....
House prices at highest for a year
Friday 2nd October 2009
House prices have risen for the fifth month in a row during September, pushing property values back up to levels last seen 12 months ago.....
Recession 'not as bad as expected'
Wednesday 30th September 2009
The recession was not as deep as previously feared between April and June, official figures have confirmed....
Property market 'stabilising'
Monday 28th September 2009
The oversupply of properties in the letting market is beginning to stabilise as the number of people looking to rent a home picks up, research has shown...
Sharp increase in mortgage lending
Friday 25th September 2009
Mortgage lending by the major banks rose by 46% in August following a dip during the previous month...
Mortgage approvals up 81% in year
Wednesday 23rd September 2009
The number of mortgages approved by the major banks in August was up 81% from the same month a year ago when the financial crisis was about to hit...
LibDems propose tax on owners of expensive homes
Monday 21st September 2009
Owners of homes worth more than one million pounds would have to pay an extra property tax to subsidise tax breaks for the poor under plans announced by the Liberal Democrats on Monday...
Equity Release Could Help Fund Pensions
Friday 18th September 2009
Housing wealth could play a greater role in supporting retirement in the future, the Pensions Policy Institute (PPI) has said. Those who do have housing wealth do not always view it as a way to save for retirement, the report concludes....
The Equity Release Market
Tuesday 3rd February 2009
Whilst the mainstream mortgage market has seen a dramatic decline in 2008 the equity release market wasn’t affected to the same extent. A recent report for 2008 shows a decrease in the equity re...
UK Pensioners Could Waste Thousands by Failing to Remortgage Their Equity Release Deals
Wednesday 26th November 2008
UK Pensioners Could Waste Thousands by Failing to Remortgage Their Equity Release DealsEquity Release Warehouse urges pensioners to look at remortgage options.As consumers are increasingly looking at ...