Rebecca Goodman is an award-winning personal finance journalist with more than a decade's experience in the industry. Her areas of expertise include insurance, mortgages, energy and savings.
Over the years her work has appeared in specialist publications including Money Observer, Moneywise, MoneySavingExpert and ThisIsMoney as well as writing for national media titles including the Mirror, Guardian, Independent, Telegraph and The Sun.
Interest rates have been held at 0.1% by the Bank of England in May, just over a year since they were temporarily cut in response to the coronavirus pandemic.
House prices continue to storm upwards rising monthly by 2.1% and annually by 7.1% to an average of £238,831 for April, according to the latest Nationwide house price index. The growth has largely been fuelled by the extended stamp duty holiday and the UK’s continued recovery from the coronavirus pandemic.
The details of the first deals launched using the government’s new 95% LTV mortgage guarantee scheme have been unveiled - this is what’s now on offer as well as your other options
The places in the UK it’s easiest - and hardest - to afford a home on the a local salary have been named, with some unlucky people needing to find more than 27 times their annual income to afford a home near where they live.
House prices rose again in March, by 1.1% monthly and 6.5% annually according to Halifax, thanks to the extension of the stamp duty holiday and the continued recovery of the economy as the coronavirus pandemic pushed up demand for new homes.
New figures from the Office for National Statistics have revealed the postcodes with the cheapest and most expensive homes in England and Wales, with values ranging from just £25,000 to £5.8million depending on where you are in the country.
The Bank of England base rate has again been held at the all time low of 0.1% for March, as confirmed by the Monetary Policy Committee (MPC) on Thursday.