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Banks with the highest record of fraud

10th April 2024
The PSR conduct research to discover which banks were subject to the most fraud as well as the rate at which reimbursement was provided to customers. UK Finance has found that APP fraud in the first half of 2023 came to a total of £239.3m and there was £152.8m returned to the victims. APP fraud […]
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Food inflation is falling with supermarkets leading the charge against higher food prices

10th April 2024
We have all seen food prices rise sharply over the past two years, but there is evidence to suggest that we have seen the worst of the escalating food costs. Many factors have caused food prices to spiral upwards since 2022, including issues over the global supply chain since the Covid-19 pandemic, and the Russian […]
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Rental Prices are Rising Faster than Wages

8th April 2024
According to Zoopla, the average UK rental price is currently £1,223 which is a +7.8% increase over the last year.   Are rental prices rising higher than the growth of wages? The Guardian have reported that there is an expected further 13% increase in rental prices by 2027. The Office for Budget Responsibility have found […]
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What is the new Dutch-style mortgage?

12th February 2024
There is a new mortgage model coming to the UK soon which could make it more affordable to take out a mortgage for more people. This new mortgage model is designed to save the borrower money as well as reduce the risk to the lender. It’s a win-win for everyone! This involves the interest rate […]
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Will the Inheritance tax be scrapped?

9th January 2024
Then on December 27th, 2023, The Telegraph reported that several conservative MPs favoured cutting inheritance tax and the change could happen in the Spring budget.
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How Bridging Loans Work

3rd January 2024
Bridging loans are a type of short-term secured loan that can help you buy a property or complete a project while you wait for other funds to become available.
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How Property Development Finance Works

3rd January 2024
Property development finance is a type of short-term funding that supports the various stages of a real estate project, from land acquisition to construction and sale.
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Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
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