Dr Anthony McGrath, 48, (pictured in an undated photo) has been ordered to pay back £564,518 by a judge or face another five years being added to his sentence A debt-ridden orthopaedic surgeon who masterminded a massive insurance scam and mortgage fraud has been given a three month deadline to pay back over half a million … Read more
Pandemic property boom drives mortgage approvals up 38% on long-term average, Bank of England data shows Mortgages for new home purchases 38% above 10-year average in February Approvals dipped slightly compared with January but could surge again following the extension of the stamp duty tax holiday and first-time buyer boosts People borrowed £6.2bn against their … Read more
This is Money spoke to three mortgage prisoners about the impact it has had on their lives. Some of them are on temporary lower rates, thanks to Covid-19 – although it is unclear when this temporary respite ends. Claire Johnson, 57, from Sheffield: Highest interest rate paid 5.4% Claire Johnson, pictured with her nephew, says … Read more
Fund star James Anderson to quit Scottish Mortgage: Industry poster boy stepping down after 22 years James Anderson said he will hand over the reins at Scottish Mortgage Investment Trust in April 2022 after 22 years at the helm Anderson transformed the trust from a little known outfit into a FTSE 100 giant with assets … Read more
What do winning an auction on eBay, buying a dress on credit and putting £5 on your football team’s next fixture have in common? You might not realise it, but these could all potentially affect your mortgage application according to brokers. If you’re about to apply for a home loan, you want to make sure … Read more
Mortgage borrowers hit hardest by the pandemic may find themselves paying out thousands more each year, because they believe the financial fallout has affected their ability to remortgage. Almost one third of borrowers who have seen their incomes fall due to Covid-19 expect to move onto their lender’s standard variable rate once their initial deal … Read more
NASA is gearing up to send the first woman and next man to the moon that could pave the way for humans to eventually colonize Earth’s natural satellite, but a new study suggests setting up real estate will be a costly feat. Experts at Money, a credit broker for consumer credit products, released the first-ever … Read more
A ‘fundraising campaign’ set up to help Prince Harry and Meghan pay the £11million mortgage on their California home has been closed after raising just £78.64. The GoFundMe page was set up by Anastasia Hanson, 56, from California, two days after the couple’s bombshell Oprah interview and titled ‘Harry and Meghan $5 Donation to Buy Home … Read more
A fundraising campaign set up to help Prince Harry and Meghan pay the £11million mortgage on their California home has been closed after raising just £78.64. The GoFundMe page was set up by Anastasia Hanson, 56, from California, two days after the couple’s bombshell Oprah interview and titled ‘Harry and Meghan $5 Donation to Buy Home … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more