Santander 123 rate’s dropping to 1.5% – should you ditch it?
This Tuesday 1 November, Santander 123 – the bank account that’s topped savings tables for over four years – will take a hammer to the interest it pays. It’s cutting its main interest rate from 3% to 1.5%, the one that applies to savings up to £20,000. So the key question for the four million people who...
Autumn Statement Submission 1: Unfreeze the student loan repayment threshold, stop the retrospective hike
On 23 November the new Chancellor Phillip Hammond, will present his first Autumn Statement – it’s likely to contain a range of major policy announcements. As always the Treasury has invited submissions, and this year MSE and I felt it was time to take them up on the offer – we’ve submitted two. Here’s the first (the second...
Autumn Statement Submission 2: End ridiculous affordability rules for those remortgaging
On 23 November the new Chancellor Phillip Hammond, will present his first Autumn Statement – it’s likely to contain a range of major policy announcements. As always the Treasury has invited submissions, and this year MSE and felt it was time to take them up on the offer – we’ve submitted two. The first was unfreeze the student loan...
10 September 2024
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Recent Blogs
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Martin Lewis on pension credit: What over-66s need to know
30 July 2024![]()
Nearly a million pensioners are missing out on pension credit, a vital benefit worth £1,000s a year for many, which tops up your income. -
When will your student loan be written off, cancelled, or paid off?
19 July 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...
