Chorley Building Society launches a new savings deal just for the over-60s paying £1.35%

Chorley Building Society launches a new savings deal just for the over-60s paying £1.35% By Sylvia Morris For The Daily Mail Published: 22:01 BST, 16 July 2019 | Updated: 09:18 BST, 17 July 2019 Chorley BS has launched a savings account that is available only to those aged 60 and over. Its top rate is … Read more

Vernon Building Society launches offset retirement interest-only deal

Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance.  But … Read more

Cashless society? Fine… until you lose your wallet as our Personal Finance editor found out

All too easy: The banks are relentlessly pursuing an agenda to take us away from using cash but it doesn’t work for everyone Slowly but surely, like a Number 9 bus, we are moving towards a cashless society where plastic and payment apps rule. Move over bank and building society branches run by tellers with friendly … Read more

The communities in fear of being pushed towards a cashless society

‘The only banks left in Hebden Bridge are grass ones down by the river’: The communities in fear of being pushed towards a cashless society Hebden Bridge is a busy market town – but it has no banks Lloyds closed earlier this year at the same time ripping out the last cash machine Banks claim … Read more