Rich Beck

11 Flips | 1 Magazine | @richbeck7 | Keep up with Rich Beck on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Rich Beck”

Mortgage approvals hit five-year high

Bank of England says 62,226 figure is the highest since February 2008, but remains well below the rate recorded in 2007<p>Fresh evidence of a revival in the housing market emerged on Monday as mortgage approvals reached their highest level for five and a half years and forecasters predicted that the …

First Help to Buy mortgage rates disappoint housebuyers

Homebuyers hoping that the government's £12bn Help to Buy mortgage scheme would make buying a property more affordable were disappointed on Tuesday as experts branded the first deals available as little better than offers already on the market.<p>On the first official day of the scheme, which offers …

Help to Buy: what mortgage rates are on offer?

Lenders have started announcing plans to offer mortgages through the second part of the Help to Buy scheme. Here are details of what has been announced, plus information on the rates they offer borrowers who can afford a larger deposit. For comparison, we've also included details of a 95% deal not …

Money Talks: Energy prices up and 95% mortgages are back with Help to Buy

Just like golden leaves on the trees and polyester pumpkin outfits in the shops, we've come to expect the autumn to bring energy price rises: and they look unlikely to let us down. SSE has become the first of the big six providers to announce it will increase gas and electricity bills for …

First-time buyer mortgage lending up by a third, says CML

The number of mortgages advanced to first-time buyers rose by a third in the 12 months to August, data from the Council of Mortgage Lenders (CML) showed, with new entrants to the property market accounting for 44% of all house purchase loans during the month.<p>The figures were published as Barclays …

Switching banks: The man who's had more than 10 current accounts

<b>Many bank customers think switching accounts involves lots of hassle and runs the risk of direct debits going awry. But those who do it – including one man who has switched numerous times – say it's simple and will save you hundreds of pounds.</b><p>Peter Colley, aged 46, could probably write a book on …

FCA to probe £1trillion savings market

Britain's banks and building societies are to face an official probe into headline-grabbing bonus rates that leave savers billions out of pocket when …

Investing

Leeds BS boosts rate on its best buy five-year fixed savings range

There is at last some competition at the top of the independent This is Money savings table.<p>However, it comes at the top of the five year fixed-rate …

Santander celebrity ads account for £8bn surge in deposits

Santander has enjoyed an £8bn surge in current account deposits in the space of a year. The Spanish-owned bank, which has been heavily promoting its 123 current account and linked products, said it was "attracting new customers at an unprecedented rate".<p>However, at the same time, Santander UK's …

Four charged over alleged attack on Santander bank computers

Four men have been charged over an alleged attempt to take control of computers at a bank branch to steal millions of pounds, Scotland Yard said.<p>The charges come after an alleged incident at the branch of Santander bank in Surrey Quays, south-east London.<p>The four men were charged with conspiracy to …

Santander and Nationwide the big current account gainers in last year

With new easier current account switching rules coming into force last month, many more customers at last seem willing to consider changing their …