Figures just released by the Bank Of England show more than 71,000 mortgages were approved in August, further evidence that the housing market is continuing to heat up.
The August figure is up by 5,400 on average sales over the last six months and is up by 20% on levels seen as recently as November 2014.Read More
The complexity of the British pension system puts 6 in 10 people off saving ‘because they don’t understand the system’ according to a new report.
Accountants PriceWaterhouseCooper (PxC) say women and young workers are particularly affected.Read More
Mr and Mrs Fowler decided on a touring holiday in Cornwall this summer and were stunned when they returned home to find the latest instalments of a £16,000 PPI payout from multiple PPI claims.
In a call to Gladstone Brookes an amazed Tracy said: “Honestly, this Barclays one I didn’t even know I had on my own because I’ve never knowingly taken out PPI because I’ve never needed to.”Read More
The Bank Of England is becoming increasingly worried by the dramatic rise in the buy-to-let mortgage market in recent months.
The Financial Policy Committee (FPC) said the surge in this type of mortgage could pose a threat to wider financial stability.Read More