Articles

  • 1 week ago | telegraph.co.uk | Maya Wilson Autzen

    The number of households not paying their council tax has risen to 4.4 million, the highest amount in 14 years. Research by Debt Justice, a campaign group, found the figure increased by 40pc last year, from 3.2 million in 2023. It amounts to the largest number of households in council tax arrears since 2009, when the global financial crash wiped out families' savings. In total, taxpayers owed around £6bn to cash-strapped local authorities last year, up from £5.5bn the year prior.

  • 1 week ago | telegraph.co.uk | Maya Wilson Autzen

    As of 2019, there were 730,000 retirement housing units in the UK, according to the Elderly Accommodation Counsel. However, in recent years, their appeal has dramatically waned due to their hefty service charges, which are payable whether or not the property is lived in. When an owner dies, their immediate family is forced to foot the bill while the home is on the market. This issue is being compounded by the council tax raid.

  • 1 week ago | telegraph.co.uk | Maya Wilson Autzen

    As Covid-fuelled coastal migration wanes, movers looking to buy near the beach are in luckThe allure of living by the sea can be felt by everybody, no matter your tax bracket. At the top end of the spectrum is the exclusive Sandbanks, in Dorset, with the average property costing £965,708. Meanwhile, the most affordable seaside towns can be found in Scotland, with all 10 of the cheapest spots located north of the border.

  • 2 weeks ago | telegraph.co.uk | Maya Wilson Autzen

    While rate cuts are usually good news for mortgage holders and first-time buyers, the opposite is true for savers. Falling savings rates mean investors can lose thousands in interest. However Sarah Coles, of Hargreaves Lansdown, said savers can still protect their cash and that switching to a more competitive rate will "keep you ahead of inflation".

  • 2 weeks ago | telegraph.co.uk | Maya Wilson Autzen

    In order to qualify for the incentive, you will need to switch to a TSB Spend & Save current account by July 19. You'll need to do this via the Current Account Switch Service (Cass), which covers most major UK bank providers. You'll receive the £100 cash switching bonus if you log in to the TSB banking app and make five payments on your TSB debit card before July 19. The money will be paid between August 2 and August16. A spokesman said the bank was "pleased to be able to reward new customers".

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