July 16, 2025

cost of living

Finance

Mis-sold car finance average payout: how much could you get?

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

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Mortgage

Mortgage-free mum’s summer saving tips – from 200 free days out & where to bag discounts if you’re on Universal Credit

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

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Mortgage

Struggling with bills? Mortgage expert reveals whether you should take a payment break

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

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Mortgage

How to pay off your mortgage early on an average UK salary

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

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Mortgage

Mum-of-two took own life ‘after mortgage payments shot up by £500 a month’ | News UK

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

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Mortgage

Average two-year fixed mortgage rate falls below five-year rate for the first time since Truss mini-Budget

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

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Investors

California Bills Could Rise So Investors Can Be Paid More

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

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Finance

PERSONAL FINANCE: Changes coming to 401(k)s in 2025 | Business

Congress passed the Secure 2.0 Act in 2022 to expand saving opportunities for individuals who have access to savings vehicles like 401(k)s and workplace savings plans. Several of the bill’s provisions go into effect in 2025 and, if you’re like many workers, your 401(k) or workplace savings plan is likely the foundation of your retirement

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