MILLIONS of Brits could get thousands of pounds in compensation after being overcharged on their loans or bills. Several major collective lawsuits have been launched in the past year and consumers may be able to cash in. 1 You could be in line for compensation from one of these class action lawsuits These legal cases
CHANCELLOR Rachel Reeves may step in to overrule the Supreme Court’s decision relating to the £44billion car finance scandal. The Supreme Court is set to decide next Friday whether motor finance providers should compensate customers over undisclosed broker commission arrangements. 1 The move aims to prevent the scandal from spreading to other financial products beyond
FIRST-TIME buyers are to get a “leg up” onto the housing ladder under plans announced by the Chancellor. Rachel Reeves has set out sweeping changes for those looking to buy a house. 1 Chancellor Rachel Reeves is expected to announce changes for home buyers todayCredit: AFP This includes a new permanent mortgage guarantee scheme, which
LATER this month the UK supreme court is expected to rule on whether car finance dealers unlawfully charged millions of drivers secret commission. This means if you took out a car finance arrangement before 2021 you could be in line for compensation. In the build up to the ruling, the Financial Conduct Authority (FCA), the
A MUM-of-two who has racked up tens of thousands of followers with her money-saving tips has revealed her ultimate summer saving tips. From 200 free attractions to Universal Credit discounts, Lianne Macfarlane, who posts under @mortgagefreeleigh, has shared how you don’t have to break the bank this summer. 5 Lianne Macfarlan, who runs the ‘mortgage-free
MORTGAGE experts have weighed in on whether you should take a mortgage break if you’re struggling to pay your bills. This is a type of agreement between you and your lender where you temporarily pause or reduce your payments. 1 We explain the pros and cons of asking for a mortgage breakCredit: Getty If you
PAYING a mortgage off early might seem like a pipe dream for most people. It’s typically the largest debt you’ll ever have, taking decades to pay off. 2 Pay your mortgage off early on an average wageCredit: Alamy But it is possible to make that dream a reality, even on an average wage. Monthly mortgage
Amy Evans and her mother Kathleen Moore, with other family members (Picture: Amy Evans/SWNS) A mum-of-two killed herself after her mortgage payments rose by £500 a month and her application for benefits was turned down, her daughter has said. Kathleen Moore, 60, spent the last four years struggling to make her payments after they shot
THE average two-year fixed mortgage rate has dropped below the average five-year fixed rate for the first time since Liz Truss’ mini-Budget. The average two-year fixed rate for those with a 40% deposit is now 4.18%, while the average five-year fixed mortgage rate for those with a 40% deposit is 4.19%, according to data firm
A utilities company in California has requested permission to increase bills for millions of customers so it can make better returns for its investors. Newsweek has contacted PG&E for comment via email outside regular working hours. Why It Matters Pacific Gas and Electric Co. provides natural gas and electrical service to about 16 million people