Savings: 5 accounts to get your cash working harder

5 accounts to get your cash working harderSavers have waited for over five years for interest rates to rise and there is no sign that they will start to move during the next few months. So we’ve scoured our best buy tables and come up with five accounts; ISAs, non-ISA and for children, which we really like and will get your savings work harder for you. Here they are, click on the name of the account for more information. Tax-free and instant access: Coventry Building Society ...

Savings: Interest rates to rise soon? Keep your options open with these five accounts

iStock_000015528657_ExtraSmallMark Carney, the Governor of the Bank of England, has said interest rates may rise sooner than expected. Financial experts now expect interest rates to rise in the first six months of 2015, or possibly as early as this autumn. But the speed of any rate rises is expected to be slow, with Carney saying: “We expect that eventual increases in Bank rate will be gradual and limited.” The news will come as a welcome surprise for savers, many of whom have given up hope of a rise in interest rates. But it ...

Housing & Mortgage round up: Mortgage fees on the rise, whilst borrowers are left exposed

Housing & mortgage round up_istockphotoNo house price surveys to report this week, instead we focus on news that mortgage arrangement fees are on the rise, whilst a lack of savings is leaving millions of mortgage borrowers hugely exposed if they lose their job. We also bring you research which goes someway to dispel the myth that first time buyers rely on the bank of mum and dad for their mortgage deposit. Mortgage fees on the rise Despite interest ...

Savings: Savers get boost after launch of new Poppy ISA from Coventry Building Society

The Coventry Building SocietyThe savings market has been given a boost following the launch of a new Cash ISA (Individual Savings Account) from the Coventry Building Society. Chart topping The Poppy ISA was first launched last Wednesday with an interest rate of 2.5%, however, this was quickly increased to 2.6%, pushing it to the top of the best buy savings tables. The rate of 2.6% includes a bonus of 0.60% for the first year; experts have warned that whilst ...