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August 2020 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in August 2020. Browse articles below for key developments, expert analysis and insights from the month.

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August 2020 News

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Mortgage borrowers urged to fix into a deal now as rates start to rise

25th August 2020

Mortgage borrowers on their lender’s standard variable rate (SVR) or who are coming to the end of a fixed rate deal, may want to consider locking into a new fixed deal soon as the latest research by Moneyfactscompare.co.uk has found that since July 2020 average rates have been rising

Mortgage borrowers on their lender’s SVR or who are coming to the end of a fixed rate deal, may want to consider locking into a new fixed deal

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Can I get pet insurance if my pet has a pre-existing condition?

20th August 2020

If a pet has a pre-existing illness or is already sick, it may be a challenge for pet owners to find pet insurance, but there are options available

If a pet has a pre-existing illness or is already sick, it may be a challenge for pet owners to find pet insurance, but there are options available

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Do you have to tell your insurance company if you’re working from home?

18th August 2020

During the height of the lockdown in April, the Office for National Statistics (ONS) found that 46.6% of workers were working from home and, of these, 86.0% were doing so as a result of Coronavirus pandemic

During the height of the lockdown in April, the Office for National Statistics (ONS) found that 46.6% of workers were working from home

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Mortgage rates start to rise as number of deals cut by over half

11th August 2020

In just five months, the number of mortgage deals available to consumers has more than halved, falling from 5,222 on 1 March to just 2,526

In just five months, the number of mortgage deals available to consumers has more than halved, falling from 5,222 on 1 March to just 2,526

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Invest in property or a pension - which is best to boost your retirement?

6th August 2020

The numbers of people searching for buy-to-let in the UK has seen an increase of more than 2.5 times from the end of March to mid-July, according to Google trends data.

The numbers of people searching for buy-to-let in the UK has seen an increase of more than 2.5 times from the end of March to mid-July, according to Google tren

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Borrowing rates 2020 – what are the lowest personal loan and credit card rates?

6th August 2020

Today it was announced that the Bank of England has held base rate at 0.1%. While this may seem like good news for consumers looking to borrow money, our research has found that over the last few months, interest rates on loans and credit cards have increased

Here we’ve looked at what has been happening to personal loan and credit card rates since the beginning of 2020 and highlight some of the lowest rates available

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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.