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June 2020 News Archive

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

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June 2020 News

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Relief for cardholders as Wirecard's restrictions lifted

30th June 2020

Millions of cardholders will be able to use their Wirecard-issued cards again from today. Last night the Financial Conduct Authority (FCA) lifted its restrictions on Wirecard and allowed the fintech firm to resume its services.

Millions of cardholders will be able to use their Wirecard-issued cards again from today. Last night the Financial Conduct Authority (FCA) lifted its restrictio

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First-time buyers struggle to get mortgages with a 10% deposit

18th June 2020

First-time buyers who have been saving for a 10% house deposit will have seen the number of mortgage deals available to them fall by 40 overnight, with just 75 deals now available at a 90% loan-to-value (LTV)

First-time buyers with a 10% house deposit will see the number of mortgage deals available fall by 40 overnight, with just 75 deals now available at a 90% LTV

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Nationwide to withdraw 90% and 95% mortgage deals

17th June 2020

Nationwide Building Society is set to pull all its 90% and 95% loan-to-value (LTV) products from the market tomorrow, leaving many first-time buyers and homeowners looking for a mortgage at a high LTV struggling to find a competitive deal

Nationwide Building Society is set to pull all its 90% and 95% loan-to-value (LTV) products

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Loan rates rise as pandemic hits struggling households the hardest

10th June 2020

With the economic uncertainty brought on by the Coronavirus pandemic, many consumers have been looking at consolidating their debt to help get a hold of their personal finances

Many consumers have been looking at consolidating their debts

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Banking service standards see little progress in Q1 2020

1st June 2020

The bank service standards survey results are in for Q1 2020 - How did your bank do?

The bank service standards survey results are in for Q1 2020 - How did your bank do?

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