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September 2024 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in September 2024. Browse articles below for key developments, expert analysis and insights from the month.

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September 2024 News

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Mortgage approvals reach highest level in two years

30th September 2024

Mortgage approvals rose to their highest level in two years as house prices also record an increase, according to the latest figures from Nationwide BS.

Mortgage approvals rose to their highest level in two years as house prices also record an increase.

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Earn up to £150 by switching to The Co-operative Bank

30th September 2024

The limited-time Switch and Stay incentive from The Co-operative Bank is open to new and existing customers switching to an eligible current account. Find our more.

The limited-time Switch and Stay incentive from The Co-operative Bank is open to new and existing customers switching to an eligible current account.

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First-time buyers can now borrow more with Nationwide BS

24th September 2024

First-time buyers can now borrow up to six times their annual income from Nationwide BS after the lender amended its Helping Hand mortgage products.

First-time buyers can now borrow up to six times their annual income from Nationwide BS.

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Choice of credit card and loan providers drop to record lows

23rd September 2024

The number of loan and credit card providers dropped during the third quarter of 2024, while average interest rates increased. See what this could mean for you.

The number of loan and credit card providers dropped during the third quarter of 2024, while average interest rates increased.

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First-time buyers running out of time to save up to £15,000 in Stamp Duty

20th September 2024

Temporary first-time buyers’ relief is expected to end on 31 March 2025 and will affect those in Southern England the most. Find out more.

Temporary first-time buyers’ relief is expected to end on 31 March 2025 and will affect those in Southern England the most.

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Bank of England votes to hold base rate at 5%

19th September 2024

After making a long-anticipated cut to the base rate at its previous meeting in August, today the Bank of England’s Monetary Policy Committee (MPC) voted 8 to 1 in favour of maintaining it at 5.00%.

Base rate held at 5% as mortgage and savings rates continue to tumble.

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Inflation holds at 2.2% in August

18th September 2024

Air fares made the largest upwards contribution as average motor fuel prices fell. Find out more.

Air fares made the largest upwards contribution as average motor fuel prices fell.

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Fixed and variable savings rates fall further

17th September 2024

Savings and ISA rates fell across the board throughout August, with variable and fixed rates both seeing notable drops. Find out what this means for you.

Savings and ISA rates fell across the board throughout August, with variable and fixed rates both seeing notable drops.

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What happened to the British ISA?

12th September 2024

With plans for a new British ISA having reportedly been scrapped under the new Labour Government, how can you invest in UK equities?

Find out how you can still invest in UK equities.

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Relaunched: first direct’s £175 switching offer

12th September 2024

first direct relaunched its £175 switching incentive, allowing new customers to earn £175 by moving to its 1st Account. Find out more.

first direct relaunched its £175 switching incentive, allowing new customers to earn £175 by moving to its 1st Account.

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Bonds offering 5% dwindle as top fixed rates suffer further cuts

11th September 2024

Average fixed savings rates fell across the board in the month to September, with top returns dropping by as much as 0.35 percentage points. Find out more.

Average fixed savings rates fell across the board in the month to September, with top returns dropping by as much as 0.35 percentage points.

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‘Welcome news’ for borrowers as average fixed mortgage rates fall for second consecutive month

11th September 2024

The average prices of two- and five-year fixed deals return to levels unseen for over six months.

The average prices of two- and five-year fixed deals return to levels unseen for over six months.

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Flexible savings rates from big banks continue to fall short

5th September 2024

Flexible savings rates from the big banks continue to lag behind the market-leading accounts. However, their fixed bonds are more competitive.

Flexible savings rates from the big banks continue to lag behind the market-leading accounts.

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Renters could end up £2.6 million worse off over their lifetime than homeowners

4th September 2024

Half of prospective first-time buyers say they have given up looking for a property as they feel so overwhelmed. Find out more.

Half of prospective first-time buyers say they have given up looking for a property as they feel so overwhelmed.

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Current account switch offers disappear: Is it still worth switching?

2nd September 2024

After several current account switch incentives ended in recent weeks, there’s now just one remaining. But is it still worth switching accounts without a cash bonus?

After several current account switch incentives ended in recent weeks, there’s now just one remaining.

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Mortgage borrowing hits two year high of £2.8 billion in July

2nd September 2024

Mortgage borrowing reaches £2.8 billion in July, while net mortgage approvals for house purchases rise month-on-month. Find out more.

Mortgage borrowing reaches £2.8 billion in July, while net mortgage approvals for house purchases rise month-on-month.

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