Mortgage valuers are increasingly putting prices on homes that are much less than they are likely to be worth, according to brokers – a practice they have called ‘atrocious’. Brokers across the industry have said valuers have become overly cautious with their estimates, at a time when property prices are flatlining. The mortgage valuation is
A financial revolution is reshaping how money moves globally, from infrastructure to customer experience. At Scottish Mortgage, we’re backing the companies rethinking the system from the ground up, providing meaningful exposure for our shareholders right across the value chain. As with any investment, your capital is at risk. From São Paulo to Singapore, a quiet
Rachel Reeves is sweeping aside rules put in place to protect homeowners in the wake of the financial crisis in a move that experts warn could sow the seeds for a future catastrophe. The move by the Chancellor is designed to help first-time buyers get on the property ladder and families to upsize. But fears
The most powerful woman in British banking is now Ana Botin, a glamorous and hugely clever Spanish mother-of-three, and a skilled golfer. As executive chairman of Banco Santander, Spain’s number one bank, Botin is known as a winner in the poker game of finance. Last week, she entered British banking’s big league after orchestrating a
Products featured in this article are independently selected by This is Money’s specialist journalists. If you open an account using links which have an asterisk, This is Money will earn an affiliate commission. We do not allow this to affect our editorial independence. By SAM BROMLEY Updated: 02:00 EDT, 30 June 2025 Freetrade is the
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
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