69,000 UK Households Face Steep Mortgage Increase of £321 Monthly in 2026 Wednesday, January 7, 2026 mortgage uk interest borrowing rates homeowners remortgage inflation finance debt As early 2026 approaches, approximately 69,000 UK households are preparing for a significant increase in their mortgage payments, with monthly costs rising by an average of £321. This surge is driven by the expiry of … Read More
HMRC Pauses Concession on Withholding Tax Errors Affecting UK Borrowers Tuesday, December 23, 2025 hmrc tax withholding interest doubletaxation borrowers finance manda compliance uk HM Revenue & Customs (HMRC) has announced a pause on a longstanding concession related to withholding income tax on UK-source yearly interest paid to overseas lenders. This move affects UK borrowers who previously … Read More
UK Homeowners Expected to Save £300 Annually on Mortgages After December Rate Cut Monday, December 8, 2025 mortgages interest rates bankofengland economy inflation budget homeowners savings uk UK homeowners are set to save approximately £300 annually on their mortgage payments following an anticipated interest rate cut in December. This move is nearly certain as lenders have already begun lowering mortgage rates in … Read More
UK Households with Savings Accounts Could Receive HMRC Tax Letters Friday, December 5, 2025 hmrc savings tax personalsavingsallowance interest income selfassessment finance accountancy uk UK households holding savings accounts with balances as low as £3,500 may soon receive tax-related letters from HM Revenue and Customs (HMRC), according to personal finance expert Grant Hamill of Companion Accountancy. HMRC … Read More
Cash-Poor Pensioners Face 8% Interest on New Property Levy Monday, December 1, 2025 pensioners propertytax mansiontax debt interest labour chancellor homeowners deferral treasury Thousands of cash-poor pensioners could be trapped in a mounting debt spiral under Labour’s new property tax plans, personal finance experts warn. The proposed “mansion tax” – officially branded as a high-value council tax … Read More
Martin Lewis Warns UK Savers of Two New Taxes in Autumn Budget Wednesday, November 26, 2025 savings taxation isa martinlewis autumnbudget finance investment interest uktaxes chancellor Martin Lewis has issued an important warning to savers following Chancellor Rachel Reeves' Autumn Budget announcements, which introduce two significant tax changes that will impact UK households with savings. One of the … Read More