HMRC is fining Lifetime ISA savers for withdrawal rule breaks by charging 25% on any money taken out early for a reason the rules do not allow. Because the charge applies to your whole pot, you lose the government bonus and 6.25% of your savings too. Freedom of Information data shows that 45,000 savers were […]
Homeowners facing higher mortgage costs are seeing repayments climb by roughly £170 to £400 a month as average five-year fixes hit 6%. The 750,000 borrowers rolling off sub-3% deals this year feel it worst, with oil-driven inflation and rising swap rates behind the squeeze. The pain does not spread evenly. Leave a two-year fix and […]
Although the British property market has long played an outlier role in the international financial world, current movements have taken that definition to its extreme. As we approach the dreaded 2026, which seems to be like some fear-fuelled odometer click in a video game: frequently spoken of as the year when it is popularised that […]
