Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from UK Finance

Dip in number of mortgage approvals to home buyers in January

Some buyers may have decided they are too late to take advantage of a stamp duty holiday by the end of March, a finance expert said.

Evening Standard

Later life mortgage lending jumped in the fourth quarter of 2024

Stretched finances mean some people may need to borrow for longer, not out of choice but out of need, one expert said.

Evening Standard

Criminals offering fake help with fuel bills in digital wallet scam

The mobile phone scam, which could also involve fake notifications about parcels not being delivered, has links to international crime groups.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Home repossessions increase but mortgage arrears on ‘downward trend’

While pressures remain, the challenges of higher interest rates and cost-of-living increases have started to ease, UK Finance said.

The Independent UK

Two men sentenced in UK over £1m fraud based on stolen banking letters

Muhammed Qayyum and Adbdul Khan intercepted post and used it to gain access to victims’ account details

The Guardian - UK

'Buyer’s market’ predicted for next year with higher negotiating power and more house sales

First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market

Evening Standard

Why property experts are predicting 2025 will be a ‘buyer’s market’ with sales boom

First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market, experts said.

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

London fraudsters who used 'SIM farm' to con £220K from victims in banking scam jailed

The fraudsters used texts and calls to scam victims of thousands of pounds

Evening Standard

Loneliness at Christmas puts people at risk of scams, campaign warns

Impersonation and romance scams are particularly harmful methods of defrauding people, the Take Five to Stop Fraud campaign said.

Evening Standard

Average UK house price hits record £300,000 as demand remains undented

Cost of housing at all-time high, Halifax reports, as mortgage lengths and borrowing multiples grow

The Guardian - UK

City regulator offers to water down ‘name and shame’ rules after pressure

FCA proposes giving 10 days’ notice before revealing identities of firms under investigation and will consider market impact

The Guardian - UK

Average tracker mortgage payments will fall by nearly £30

The reduction follows the 0.25% cut to the Bank of England base rate.

Evening Standard

Home repossessions jumped annually in the third quarter of 2024

Monthly mortgage payments have been ‘eating up’ a much larger proportion of incomes, debt help charity StepChange said.

Evening Standard

Expecting a new credit card in the post? Beware the ‘not received’ scam

The amount of money stolen from plastic that is being intercepted and used for spending is soaring rapidly

The Guardian - UK

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

City firms rarely dock pay for misconduct, FCA survey finds

Watchdog found 40% rise in alleged bad behaviour, including sexual harassment and bullying, last year

The Independent UK

More than £570m stolen by fraudsters in first half of 2024

Losses where people were tricked into transferring money decreased in the first half of this year, UK Finance said.

The Guardian - UK

Labour’s new green rules for big companies face resistance in the City

Business lobby groups fear the impact of the government’s environmental standards on efforts to revive the London Stock Exchange

The Independent UK

‘Major step forward’ for bank transfer fraud victims as new refund rules launch

The new scheme should ensure the vast majority of victims are reimbursed and treated in a fair and consistent way, consumer group Which? said.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

The 40-year mortgage – solution to rising property values or too high a price to pay?

Deals that last four decades can help some get on the property ladder, but the overall cost may be a shock

The Independent UK

Warning as domestic abuse victims left in ‘mortgage prisons’ with partners

One woman told the charity her former husband remains on the joint mortgage, more than a decade since she left him

The Guardian - UK

Why is the UK slashing the maximum banks must refund to fraud victims?

Consumer groups hit out at regulator’s ‘outrageous’ decision to cut limit from £415,000 to £85,000

The Guardian - UK

Banks warned over denying sex workers business accounts

FCA gives detailed guidance to lenders after hearing lack of access could lead to ‘significant harm’ for individuals

The Independent UK

£5bn in new loans handed to older mortgage borrowers in second quarter of 2024

The total value of new later-life loans was 17.5% higher than the same quarter a year earlier, UK Finance said.

The Independent UK

31% annual jump in homeowner repossessions in second quarter of 2024

While many households remain under pressure, the challenges of higher rates and the cost-of-living have started to ease, UK Finance said.

The Independent UK

Housing market ‘set for confidence boost following base rate cut’

Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the London Stock Exchange

134 stories

London Stock Exchange

105 stories

the Financial Conduct Authority

93 stories

LC Mortgages

29 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.