Financial news

• UK mortgage lender to offer first 100% loans since 2008 crisis

  08-05-2023 16:41
  
  Skipton building society aims product at renters who cannot save enough for a depositA leading lender plans to launch a 100% mortgage aimed at would-be first-time buyers who cannot save for a deposit, the first since the 2008 financial crisis.Standard home loans where the borrower does not have to put down a deposit used to be fairly commonplace but the last was axed in the wake of the financial crisis. Continue reading...
  
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• Picture perfect again for TV viewer after screen woes – The Crusader

  08-05-2023 16:05 via express.co.uk
  
  Customer returns to reliable Sky Q box after struggling with TV upgrade.
  
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• Leeds Building Society hikes interest rates across four savings and ISA accounts

  08-05-2023 15:54 via express.co.uk
  
  Some Leeds Building Society savings accounts are now offering rates up to 4.4 percent.
  
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• All singing, dancing and lasting – children rule in Banji’s New King single

  08-05-2023 15:39 via express.co.uk
  
  Banji Alexander composes the ‘New King' single capturing the King's Coronation.
  
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• Bank increases interest rate to ‘excellent’ 4.85 percent on fixed savings account

  08-05-2023 14:50 via express.co.uk
  
  Fixed savings accounts are offering some of the highest interest rates in decades, and Allica Bank is taking one of the top spots.
  
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• Bank of England may raise interest rates to five percent this summer

  08-05-2023 13:45 via express.co.uk
  
  Persistent inflationary pressures are deemed to be the driving force for further Bank of England Base Rate hikes.
  
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• Best buy savings account pays 5% - see today's top deals as rates roar back

  08-05-2023 13:39 via express.co.uk
  
  Savings rates have declined in recent months but are rebounding strongly in May and now pay interest of up to five percent a year again.
  
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• Labour considering higher taxes on foreign buyers of UK homes

  08-05-2023 13:12
  
  Move comes as senior Tory blames party’s scrapping of housebuilding targets for poor local election resultsLabour is considering moves to levy higher taxes on foreign buyers of UK homes, as a senior Conservative blamed their party’s abolition of housebuilding targets for woeful results in last week’s local elections.In another sign that Labour believe Rishi Sunak is politically vulnerable over the housing crisis, the party has devised a series of policies aimed at making it eas
  
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• ‘Very surprised’: Man has mortgage renewal refused for 'hosting Ukrainian refugees'

  08-05-2023 11:57 via express.co.uk
  
  Halifax has since issued an apology for the "confusion" after rejecting the homeowner's mortgage application, the BBC reports.
  
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• TV licence scam alert as thousands hit with fake 'genuine-looking' email - do not respond

  08-05-2023 11:48 via express.co.uk
  
  Britons have been warned about a fake TV licensing scam where a person receives an email claiming their TV licence is about to expire.
  
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• BrewDog founders had 'huge kick in the teeth' on Dragons' Den but group now worth billions

  08-05-2023 10:31 via express.co.uk
  
  BrewDog was rejected on Dragons' Den as their business was not deemed to be novel enough but it has gone on to become a huge success.
  
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• Parents successfully appeal against £1,383 High Income Child Benefit Charge

  08-05-2023 10:16 via express.co.uk
  
  The High Income Child Benefit Tax Charge has elicited thousands to foot a higher tax bill since its threshold change in 2013.
  
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• Frustrated broadband customers face poor service and rising costs

  08-05-2023 10:00
  
  Users are urged to check when their contract ends and switch, as bills go up and complaints look set to soarWhen Annabel Miller* took up the offer of a new superfast broadband plan with local and international calls for £40 a month from Shell Energy, she thought she was on to a good deal.Within six months, however, she had suffered an 18-day broadband outage due to the wrong router being sent to her London home, a series of incorrect bills for more than she was due to pay, and even problem
  
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• We are unmarried and plan to buy a house but what about capital gains tax and stamp duty?

  08-05-2023 08:00
  
  I own a property, which is in a family probate trust, and she inherited one, and we aim to sell them and use the proceedsQ My partner and I intend to buy a property and move in together. She inherited a property 20 years ago (worth £300,000) when her parents died, whereas I own my own property (worth £600,000), which is in a family probate trust for my two children (my wife died four years ago). I also own a flat bought in 1996 for my son while at university, which is now let out to
  
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• Vueling cancelled our flight to Florence, then ignored a refund request

  08-05-2023 08:00
  
  The carrier refused compensation and almost a year on we have only received £20Last year I used the British Airways website to book a June 2022 flight from Gatwick to Florence for me and my husband. The flights cost £770, and when the confirmation email came through, it turned out they were with BA’s sister firm, the Spanish airline Vueling.However, two hours before we were due to take off, Vueling cancelled the flight, “due to meteorological reasons” in Florence. C
  
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