finance

picture of Mortgage rates written on a house

Tips for homeowners coming off a mortgage deal

Coming off a mortgage deal? These are the steps you can take…

Ben Thompson, Deputy CEO at Mortgage Advice Bureau : “Homeowners across the UK will be feeling concerned about where interest rates are now, and where they might be heading in the next six months. While the size of interest rate hikes seems to be smaller than they were at the start of the increase cycle, further increases in rates...

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Everything you need to know about Tax Credits

Tax credits provide 1.5 million working families with targeted financial support to help them stay in work and raise their families. With the deadline for renewing your Tax Credits fast approaching, Parenting Daily put a list of questions to the experts at HM Revenue and Customs (HMRC) to ensure you have the answers you need.

What are Tax Credits?

There are two types of Tax Credits:...

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8 ways to make private education more affordable 

Cost of private education rises 5.6% with average parents increasingly priced out:

· Typical annual boarding school fee for a secondary school pupil rises 5.2% to hit £39,006 while the average annual day school fee up 5.8% to £16,656

· With further fee hikes expected, parents set on a private education must either be ultra-wealthy, have a sound financial plan or have generous...

picture of a Couple discussing money

Tesco Bank urges couples to use this Valentine’s Day to set a money date

Use this Valentine’s Day to set a money date

Craig Bundell, Help me Borrow Director at Tesco Bank: “While talking about money might not be at the top of the list for Valentine’s Day, it’s an incredibly important part of any relationship. Every couple should have time set aside for a money date. A time to discuss savings goals, planning for the future and potentially more tricky topics like...

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5 ways to transform your credit score & eliminate debt in 2023

Essentially a credit score is a tool for lenders draw information from to predict the future. The score, and more importantly credit report, presents a snapshot of how likely you are to repay the money that they lend. Here, Sam Covington at Finbri reveals 3 ways to improve your credit score along with saving hacks that work to eliminate debt in 2023.

Be Strategic + up the ante....

picture of a pension pot

Pension Awareness Week: how to tackle the topic of pensions during a divorce?

According to National Family Mediation (NFM), which helps families to sort arrangements for children, property, finance and other important matters following separation or divorce, disagreements over pensions and finance feature in around 20% of cases that they deal with.

While the charity says that most people want to keep things as amicable as possible during the divorce process,...

picture of schoolchildren in a classroom

Virgin Money relaunches innovative finance programme for school kids

Virgin Money has relaunched its innovative financial education programme, Make £5 Grow, with additional tools and resources designed to prepare schoolchildren and provide the skills they need to better manage their finances in the future.

Delivered in schools, Make £5 Grow is a free scheme which works with and encourages both younger and older children, to develop innovative business...

picture of piggy bank with student cap on

8 things you should know about your student loan

8 things you might not know about your student loan, but definitely should.

Student loans and how they’re repaid works differently from other types of borrowing. For example, did you know you will only repay when your income is over a certain amount? Or that if you have an outstanding balance at the end of your loan term it will be written off?

It’s important to understand these...

picture of a student

The Student Loans Company pays £2.6bn in funding to students across the UK

SLC provides an update on first term Maintenance Loan payments to students

Over £2.6bn has been paid to 1.1m students in the first term of the 22/23 academic year, according to figures released today* by the Student Loans Company (SLC).

The organisation, which administers student finance on behalf of the UK Government and the Devolved Administrations in Scotland, Northern Ireland and...

picture of cost of living payment

Over eight million households to receive second Cost of Living Payment from 8 November

Over 8 million households are set to receive an additional £324 as part of the government’s Cost of Living support package.
  • The £324 Cost of Living Payment, which follows on from a £326 payment made from July, is part of £1,200 support package for millions this year
  • The £150 Disability Cost of Living Payment was provided in September, with a £300 additional pensioner payment
  • ...

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