Interactive Investor scraps monthly income drawdown fee

Investing platform Interactive Investor has announced plans to scrap and change a number of costs from its investment and Sipp service from 1 October.  The biggest change for pension investors is the removal of its monthly income drawdown fee, however, customers hoping that its £10 per month Sipp fee that amounts to £120 a year … Read more

UK housing market ‘bounces back’ with biggest monthly rise in 16 years 

UK house prices have hit an all-time high following a post-lockdown boom, with the average home now worth £224,123.  House-buyers have shrugged off continued uncertainty in the economy and social distancing with August seeing a 2% rise in prices, the biggest monthly jump since February 2004. Prices are now 3.7% higher than they were last … Read more

UK housing market ‘bounces back’ with biggest monthly rise in 16 years 

UK house prices have hit an all-time high following a post-lockdown boom, with the average home now worth £224,123.  House-buyers have shrugged off continued uncertainty in the economy and social distancing with August seeing a 2% rise in prices, the biggest monthly jump since February 2004. Prices are now 3.7% higher than they were last … Read more

Santander ups monthly Lite fee and cuts cashback on phone and internet bills

Santander doubles the account fee for its Lite current account customers and slashes cashback perk for phone, internet and TV bills In October Santander’s cashback for 123 and 123 Lite accounts will change The monthly fee for the 123 Lite account will double from £1 to £2  Santander says changes are the result of the … Read more

Up to 10,000 care home residents and staff will get monthly Covid-19 tests

Up to 10,000 care home residents and staff in England will get monthly coronavirus tests, the government announced today. Health chiefs have launched another surveillance scheme in the hope of tracking how Covid-19 has spread through nursing homes around the country. Care minister Helen Whately – who has come under fire for appearing to blame … Read more

Halifax says property prices fell 0.2% monthly in May 2020

Property prices have fallen for the third month in a row in May as coronavirus stalled activity in the market, a housing report shows. However, the decline has been modest, with just a 0.2 per cent monthly downturn in values, according to the Halifax index. The fall took the average house price in Britain to … Read more

Mobile app Bits says it can boost your credit score for a monthly fee

An app called Bits is aimed at those with a limited credit history and is designed to boost an Experian score through a monthly fee  It is often considered something of a catch-22 that in order to make yourself eligible for credit you must first take out credit. There are often stories about ‘mortgage invisibles’, … Read more

Mobile app Bits says it can boost your credit score for a monthly fee

An app called Bits is aimed at those with a limited credit history and is designed to boost an Experian score through a monthly fee  It is often considered something of a catch-22 that in order to make yourself eligible for credit you must first take out credit. There are often stories about ‘mortgage invisibles’, … Read more

Best pay monthly SIM only deals to take advantage of if you need more mobile data

Need more mobile data? Five of the best pay monthly SIM-only deals to take advantage of right now By Corinna Burton For Mailonline Published: 15:57 BST, 18 May 2020 | Updated: 16:01 BST, 18 May 2020 Need more mobile data but don’t want to upgrade your phone? With a SIM only plan, there are tons … Read more