Banking
Overcome the Deposit Barrier With These Tips
15 March
The deposit barrier is a significant challenge for many people who wish to buy their own homes. Saving up for a deposit can be a daunting task, especially for first-time homebuyers. The good news is that there are various strategies and...[Read More]
Bank Rate increased to 4% – February 2023
3 February
Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February 2023,...[Read More]
It’s becoming increasingly common to help your child with their first home
14 December
In this article, we’re going to look at three options to help you do this. Why not take a look at the pros and cons of each and choose the one that’s the best fit for you? 1. With a cash gift A lump sum of cash is a great way to raise the...[Read More]
How to save money around the home during times of rising interest rates in the UK
12 October
With interest rates rising almost everywhere, including the United Kingdom, people have begun tightening their purse strings as best they can. However, decreasing spending to ensure your expenses match your reduced budget could mean barely any...[Read More]
What is quantitative easing? – Bank of England
19 October
Why does The bank of England use quantitative easing? It’s our job to keep the prices of things you buy low and stable, as this helps to support people’s jobs and incomes. Rising prices is called inflation and the UK government has set us...[Read More]