June 27, 2025

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Banking

Banking group urges customers with £10,000 in savings to move their money NOW

By JORDANA SEAL Updated: 06:35 EDT, 7 June 2025 Customers with £10,000 in savings are being urged to move their money or risk missing out on earning hundreds of pounds a year.  In the UK 8.3 million current accounts hold £10,000 or more but 80 per cent of these accounts pay no interest – meaning their

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Mortgage

Relaxed mortgage rules will boost first-time buyers but send house prices up, says report

Easing stringent mortgage stress testing rules could cause house prices and first-time buyer numbers to rise, according to research.  More relaxed mortgage stress tests could see the number of first-time buyers purchasing a home rise by 24 per cent, or more than 80,000, over the next five years, Savills claims. Its analysis suggests more relaxed

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