May 9, 2025

Section: Money:News Money

Home Section: Money:News Money
Mortgage

Mortgage bills to FALL for millions as Bank of England reveals interest rate decision – what it means for you

  • May 8, 2025

MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During today’s meeting of the Monetary Policy Committee (MPC), the BoE’s rate-setters reduced the base rate from 4.5% to 4.25% – the fourth interest rates cut since 2020. 1 This reduction means that millions of mortgage holders are set to see their bills fallCredit: Getty

Read More
Finance

How to tell if you’re one of millions who could be owed compensation over huge car finance mis-selling scandal

  • March 13, 2025

MILLIONS of borrowers could be set to receive thousands of pounds in compensation due to the car finance mis-selling scandal. The Financial Conduct Authority (FCA) launched an investigation last year into whether motorists were unknowingly overcharged when they took out car loans. 1 The investigation focuses on past practices where banks allowed car dealerships and brokers to set their own interest

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline