COVID-19: What would a negative interest rate mean for your mortgage?
The Bank of England has recently written to all banks and building societies to check whether they could pass on negative interest rates if the bank cut the current base rate of 0.1%. According to the chairman of Natwest Howard Davies, Britain’s banks are not ready for negative interest rates, with technical and contractual issues […]
COVID-19: Mortgage Payment Holidays ending 31st October
The Financial Conduct Authority (FCA) has stated that COVID mortgage payment holidays in the UK will not extend past the 31 October 2020 and any financial support past that point will be marked on credit files. The FCA has emphasised that both a payment holiday and partial payment holiday are temporary, and the outstanding amount […]
Stoptober & Go Sober for October
As the nights get longer and weather gets that bit colder, we start thinking about Halloween, Bonfire Night and Christmas; they aren’t that far away now! October offers two options with Stoptober and Go Sober for October. So if you want to quit smoking or drink less, this month has got you covered! Sober October […]