I’m taking on the EU Mortgage Credit Directive – it’s going to create many mortgage prisoners
Ensuring people can afford their mortgage is crucial. Yet the EU Mortgage Credit Directive, which officially starts in March 2016 (but in practice much earlier), will see many being told they “can’t afford a cheaper mortgage”. This isn’t right, so MoneySavingExpert.com and I are going to make it a campaign priority. I’m not sure how much we...
Why you should ignore the “You can throw away bank statements after six years” rule
The conventional wisdom is you only need to keep bank, credit card and other personal finance documents for six years. This is because HMRC (the taxman) can only ask you to go back that far if you’re being investigated for tax purposes. However, I think the landscape has changed in recent years, and therefore everyone needs to...
Can you pass the election numbers test?
How good is your knowledge of the election? I popped into Radio 2 yesterday to chat to Jeremy Vine about the sheer joy of election maths. I feel a certain frisson at the massive complications and bizarre nature of a first past the post general election. It’s a bit like Eurovision, some watch for the songs and...
14 January 2025
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
Recent Blogs
-
Martin Lewis: Is it time to ban unnecessary Christmas presents?
16 December 2024![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
When will your student loan be written off, cancelled, or paid off?
5 November 2024![]()
It’s a question I’m asked all the time. Many know that current students no longer need to repay their loans 30 years after the April following graduation, yet for those who started university before 2012, there are a variety of options. This information has been a long-term part of my Should I repay my student loan? guide (where...
