Mortgage Deals Pulled Amid Iran War, Rates Soar
Banks and lenders have withdrawn nearly 700 mortgage products as the Middle East conflict intensifies, causing fixed rates to surge and reducing borrower options significantly.
Category : Finance Banking
UK Scraps £100 Contactless Limit, Fraud Warnings Issued
The £100 contactless payment limit on UK credit and debit cards is being removed from Thursday, March 19, allowing banks to set their own limits. Financial experts warn this increases fraud risks and potential overspending.
Mortgage Advice: Five-Year vs Two-Year Fixed Rates Post-Base Rate Hold
Following the Bank of England's decision to maintain the base rate at 3.75%, experts from Purplebricks recommend a five-year fixed mortgage for stability, highlighting pros and cons of both options in uncertain economic times.
HMRC Crackdown on 4 Million Online Sellers After Income Reports
HMRC is preparing a significant enforcement action after receiving detailed income reports on nearly 4 million online sellers in 2025, marking a 272% increase from the previous year with total earnings reaching £55 billion.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
14m UK Households Get Below-Average Energy Service
A Citizens Advice survey finds half of UK energy customers with suppliers scoring under 3/5 stars for service, highlighting urgent need for improvement amid cost-of-living concerns.
Check Energy Accounts for Potential Refunds, Says Ofgem
Energy regulator Ofgem warns that many households may have built up credit on their energy accounts without realising it, and they can request refunds at any time. This often happens due to overestimated usage or fixed direct debit payments.
Bank Offers Businesses £10,000 in Quiet Interest This Year
A digital-first UK bank is providing businesses with a high-interest account that could earn up to £10,000 annually on idle cash, plus cashback on spending, without locking funds away.
Major UK Banks Cut Mortgage Rates, Customers Warned
New research reveals major UK banks including Barclays, HSBC, Lloyds, NatWest, and Santander have raised mortgage rates since early March, eliminating sub-4% fixed deals amid market uncertainty.
New Digital Tax Mandate for UK Households from April 6
HMRC's Making Tax Digital system becomes mandatory for sole traders and landlords earning over £50,000 from April 6, requiring quarterly digital updates and new software compliance.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Close Brothers to Cut 600 Jobs Amid Finance Scandal
FTSE 250 bank Close Brothers announces 600 job cuts, representing 20% of its workforce, as it faces £300m in provisions for motor finance mis-selling scandal.
Nationwide Warns Savers of Zero Interest Rates
Nationwide Building Society warns savers about zero or low-interest accounts, urging customers to check rates. Experts highlight inflation concerns and better alternatives.
Banking Giant Cuts 600 Jobs in £85 Million Cost Plan
Major lender Close Brothers announces plans to eliminate approximately 600 positions across the UK and Ireland over the next 18 months as part of a strategic effort to reduce annual costs by £85 million.
Lloyds Bank Green Mortgage Scholarship for Birmingham Brokers
Lloyds Bank introduces a pioneering 6-month sustainable home finance scholarship for mortgage brokers in Birmingham, training 400 professionals to lead the green mortgage market.
Santander's Critical Warning to Customers Aged 50-80
Santander has issued an urgent email warning to customers aged 50 to 80 about life insurance risks, urging immediate action to protect families and mortgages.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nationwide Joins Santander, NatWest in Mortgage Rate Hikes
Nationwide has increased mortgage rates across multiple products, following similar moves by Santander and NatWest. Experts warn of ongoing volatility and advise borrowers to act quickly.
UK Tourists Fleeing Dubai War Face HMRC Tax Bill Fears
British expats and tourists returning from Dubai due to Middle East conflict risk huge UK tax bills under strict HMRC 183-day residency rules, despite exceptional circumstances guidance.
Octopus Energy Issues Iran War Update to UK Customers
Octopus Energy has alerted millions of UK customers about potential energy price increases due to the Iran conflict, while noting immediate bill reductions in April.
Emergency Funds Top Financial Advice for Brits, Study Finds
A new survey reveals that 29% of Brits consider building an emergency fund the best financial guidance, while 21% have been told to 'just put it on the credit card' as poor advice. Skipton Building Society's campaign with Natalie Cassidy highlights the ne
Nationwide Tool Helps Claim £560 Monthly from DWP Benefits
Nationwide Building Society's Better Off calculator has identified over 11,000 households eligible for an average £560 monthly in DWP benefits, with six key benefits including Universal Credit and Pension Credit.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Heating Oil Prices Jump £730 in Fortnight
UK households face sudden £1,322 heating oil charges as Middle East tensions disrupt supply chains, leaving customers with cancelled orders and soaring costs.
Sky Broadband Customers Can Exit Contracts Over Price Hikes
Sky Broadband customers have the right to leave their contracts without penalty if unhappy with upcoming £3 monthly price increases from April 1. Experts warn time is running out to act and suggest switching to providers with price freezes.
NatWest £1,000 Bonus for New Premier Account Customers
NatWest is providing up to £1,000 in incentives for customers switching to Premier accounts, including a £250 cash bonus and £750 interest payment for high deposits.
NatWest Offers Up to £1,000 for Account Switching
NatWest has launched a new promotion offering cash payments of up to £1,000 for customers who switch to their Premier accounts, with a £250 base payment available to all switchers.
UK Contactless Card Limit Lifted from March 19
The Financial Conduct Authority removes the £100 contactless limit, allowing customers to set their own spending caps or opt out entirely. Experts warn about budgeting implications.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Santander Mortgage Rate Increases Hit Birmingham Customers
Santander has raised mortgage rates by up to 0.35%, affecting first-time buyers and remortgagers in Birmingham. Brokers warn of a return to 2022-like market conditions.
Car Finance Redress: FCA to Announce £8.2 Billion Scheme
The Financial Conduct Authority will unveil its final rules for a major car finance redress scheme in late March, potentially paying out £8.2 billion to millions of drivers.
UK Contactless Card Limits Scrapped from Thursday
The Financial Conduct Authority has announced a major change to contactless payment rules, allowing banks to set their own transaction limits from March 19.
Martin Lewis Warns on Family Gifts and Inheritance Tax
Money-saving expert Martin Lewis has highlighted critical inheritance tax rules for family gifts, including the £3,000 annual allowance and seven-year exemption period, urging proper documentation.
Santander Fraud Warning for Holidaymakers Amid Middle East Crisis
Santander UK warns customers about scammers mimicking airlines like Emirates and Etihad on social media, exploiting travel disruption from the Middle East conflict to steal money through fake refund schemes.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nationwide £100 Customer Bonus Payments Expected This Summer
Millions of Nationwide customers could receive £100 bonus payments this summer through the Fairer Share scheme, pending a final decision in May based on financial performance.
Page 9 of 75
