Expert views
Commentary submitted by Sarah Coles in their own words.
Back to profileWinter energy price cap to rise 4%
The 35 per cent of households on fixed tariffs will still be protected from price hikes until their current deal comes to an end.
Winter energy price cap to rise 4%
Energy bills are set to rise in October, with higher prices kicking in just as the weather turns colder. This was widely forecast, but that’s not going to make it any easier to live with.
NS&I fundraising falls short – recent prize rate boosts might not be the last
It’s ironic that a move that the government hoped would make Cash ISAs less popular has transformed them into a money machine.
Surging energy prices push inflation up to highest level since March
Inflation has risen from 2.6 per cent in June to 2.9 per cent in July, which is always going to stretch household budgets thinner.
Annual UK house price growth slowed to 2% in June, says ONS
Affordability is a serious concern for buyers, with house prices high and mortgage rates creeping up.
Surging energy prices push inflation up to highest level since March
Inflation has risen from 2.6 per cent in June to 2.9 per cent in July, which is always going to stretch household budgets thinner.
NS&I ‘pulling out all the stops’ in Premium Bonds and savings rates boost
For those who have stuck with the bonds through thick and thin, they’ll be grateful things are getting thicker.
UK house prices stagnant amid high mortgage costs
Sellers may be worried that we’re set for falls in the coming months, but they still have some options.
NS&I has sharpened up its fixed rates to attract more savers
The first three months of its financial year haven’t seen it attract vast swathes of cash.
Sluggish house price growth as uncertainty and affordability weigh on market
Affordability is weighing on the market too.
Mortgage lending increases despite elevated rates for homeowners
Mortgage approvals for new purchases rose slightly in June. This is likely to owe something to the fact the Iran peace deal was announced on June 23, which depressed oil prices, lowered inflation expectations and started a retreat for mortgage rates. It meant buyers ended the month in a better position. However, approvals are still pretty sluggish, so this isn’t exactly a busy market – it’s just a slightly less deathly one.
Annual UK house price inflation slowed to reach 2.7% in May, says ONS
House prices held steady between April and May, but this masks a deep and dramatic North/South divide.