Ask the expert: Should I pay into an ISA, pension or overpay my mortgage? January 28, 2026 Fidelity personal finance specialist Marianna Hunt helps a saver decide where to place their capital as interest rates fall. Q: In light of current interest rate expectations, is it better to pay down my mortgage, pay into my pension or invest in an ISA? I have a £350,000 property with a £200,000 mortgage at 4 [...]
Housing market ended 2025 on ‘softer note’ after ‘resilient’ year January 2, 2026 The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]
Bank of mum and dad now funding multiple steps up housing ladder December 17, 2025 The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]
Monzo snaps up UK mortgage broker in first major acquisition December 16, 2025 UK fintech Monzo has made its first major acquisition with a deal to snap up a digital mortgage broker in a bid bulk up its “all-in-one” superapp. The digital bank announced on Friday it had snapped up Habito, a fintech firm which uses tech to accelerate the home-buying process with free online advice. The deal [...]
FCA to ‘rebalance’ risk in mortgage market in first time buyer boost December 15, 2025 The UK’s financial watchdog is planning a major overhaul of mortgage market rules in a bid to support more Brits getting on the housing ladder. The Financial Conduct Authority (FCA) said it aims to “rebalance risk” in the market to encourage innovation and allow a greater number of people to get access to finance. “Rebalancing [...]
What does the Bank’s rate decision mean for your finances? November 6, 2025 UK households who were hoping for a rate cut today may be disappointed after the Bank of England held interest rates at four per cent. The decision came amid concerns surrounding high inflation ahead of Chancellor Rachel Reeves’ crunch Budget later this month. Governor Andrew Bailey, who had the deciding vote, said he would “prefer [...]
Mortgage lending hits highest level since March amid pre-Budget rush October 29, 2025 Net borrowing of mortgage debt rose to the highest level since March this year, money and credit statistics published by the Bank of England have shown, in signs that Brits are rushing to buy homes before any new property taxes are announced at the Budget. Net borrowing rose by £1.2bn to £5.5bn while mortgage approvals [...]
House prices fall amid pre-Budget jitters October 7, 2025 House prices fell last month, a leading price index has suggested, a warning that house buyers and sellers are nervy ahead of a potential tax raid on property. Halifax’s house price index suggested house prices dropped by 0.3 per cent on the month, putting the average property cost at £298,184. The annual rate of growth [...]
Housing in London now classed as unaffordable at every income level September 18, 2025 London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]
Mortgage approvals rise for third month in a row September 1, 2025 Mortgage approvals for house purchases edged up in July, the third month in a row that has seen a rise, official data has shown. Money and credit statistics published by the Bank of England showed the housing market remains intact despite fears it might slump ahead of the Autumn Budget. The rise in approvals came [...]