December 2021 News Archive

National Savings & Investments (NS&I) has announced that it will be increasing the rates on its Direct ISA, Direct Saver and Income Bonds on 29 December

National Savings & Investments (NS&I) has announced that it will be increasing the rates on its Direct ISA, Direct Saver and Income Bonds on 29 December

The average rates on fixed savings accounts have risen for the sixth consecutive month, the first time this has happened since August 2007

The average rates on fixed savings accounts have risen for the sixth consecutive month, the first time this has happened since August 2007

The Bank of England has raised base rate to 0.25% today, which will directly impact mortgage and savings interest rates

The Bank of England has raised base rate to 0.25% today, which will directly impact mortgage and savings interest rates

Mortgage lending this year is set to increase by 31% compared to 2020, new data from UK Finance reveals

Mortgage lending this year is set to increase by 31% compared to 2020, new data from UK Finance reveals

Grandparents struggling to decide what to buy for their grandchildren this Christmas may be considering gifting them money instead

Grandparents struggling to decide what to buy for their grandchildren this Christmas may be considering gifting them money instead

This year has seen savers face the challenge of record low saving rates with rising inflation. Although inflation remains above the Bank of England’s target rate of 2.0%, and could rise to over 5% next year, the end of 2021 has provided savers with some good news as rates have slowly started to rise

This year has seen savers face the challenge of record low saving rates with rising inflation. Although inflation remains above the BoE’s target rate of 2.0%

The interest rates on mortgage deals aimed at first-time buyers with just a 5% deposit have fallen to their lowest level since records began in 2011

The interest rates on mortgage deals aimed at first-time buyers with just a 5% deposit have fallen to their lowest level since records began in 2011

Despite signs of housing market activity cooling in recent months, figures released today show that annual house price growth increased in November to 10.0%

Despite signs of housing market activity cooling in recent months, figures released today show that annual house price growth increased in November to 10.0%